May 21, 2018

Category: Property News

Nearly 170 finance jobs fill final floors at Telford’s top offices

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A finance group has moved nearly 170 jobs into the final floors at one of Telford’s top commercial properties, in a deal sealed by Bulleys Bradbury.

The commercial property consultancy has attracted Cabot Credit Management, trading as dlc, and Orbit Debt Collection Ltd to take the first and second floors at One Telford Plaza, the landmark Grade A office buildings in the town centre.

Orbit has expanded from its Shrewsbury offices, moving around 70 jobs into Telford, while dlc has relocated nearly 100 staff from Northamptonshire. Both companies belong to the Cabot Credit Management Group.

The moves means that One and Two Telford Plaza are now fully let, with the HMRC having moved hundreds of staff into offices across 13 floors in another deal secured by Bulleys Bradbury earlier this year.

Richard Bradbury, director of Telford-based Bulleys Bradbury, who market the development for Telford Plaza UK Limited, said: “This is another major letting for Telford, bringing a significant number of jobs to the town.

“Telford Plaza has become an ongoing success story, attracting a number of high-quality occupiers which the landlord is naturally very pleased to have on site.

“These two lettings, together with the huge HMRC deal, has resulted in both Plaza One and Two now being fully let, bringing many valuable jobs to the town.”

The two floors taken by Orbit and dlc each extend to 7,671 sq ft.

Orbit, established in 2000, is a specialist utilities industry credit management business working with more than half of the UK’s water companies, while dlc, established in 1979, is a leading provider of debt recovery and business process outsourcing services.

John Sharman, managing director of UK servicing at Cabot Credit Management, said: “Orbit had outgrown its existing offices in Shrewsbury, although we’ve kept that office open for back-up support and disaster recovery options.

“It made sense to house the two sister companies, Orbit and dlc, side by side in Telford. Cabot already has a number of other sites around the UK and we were keen to create a centre of excellence in the Midlands.

“We quickly identified Telford Plaza as the ideal location. It has an on-site café, is close to hotels, gyms and eateries and near to the train station and the main shopping centre.

“Telford itself is an emerging city with great transport links, attractive office accommodation and a good available workforce, which makes it a good place to grow our servicing business.”

Mr Sharman added that Orbit’s offices at Telford Plaza were also large enough for future expansion.

Ends (433 words)

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Editors’ Notes
Bulleys Bradbury was established resulting from a merger of Bulleys Telford Office and Bradbury Commercial Ltd. Bulleys were established in 1965 and have built an enviable reputation as local specialists in the field of industrial and commercial property consultancy. Bradbury Commercial was established in 2007 by Richard Bradbury who has over 25 years’ experience in the local commercial property market. The combined companies benefit from a wealth of experience and ability to deliver, making Bulleys Bradbury one of the leading property consultants in the Shropshire and the wider West Midlands.

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