Handelsbanken set to move to new Leamington Spa office location

Published by

Peter Davison

Wareing & Co Company Director Jonathan Blood, Wright Hassall Managing Partner Phil Wilding, Handelsbanken Leamington Spa Branch Manager Dani Coe, and Wright Hassall Partner Andrew Jones

A major bank is set to open a premier office location in Leamington Spa as part of its plans for growth in the area.

Local relationship bank Handelsbanken will move to a new 3,000 sq ft office on the second floor of Olympus House from its current premises in the town after agreeing a 10-year sub-lease with leading law firm Wright Hassall.

Handelsbanken is the second company to sign a deal with Wright Hassall at Olympus House following Towergate Insurance Brokers in 2020.

Phil Wilding, Managing Partner at Wright Hassall, said: “I’m really pleased to welcome Handelsbanken to Olympus House, which has been our proud home since 2007.

“Modern offices look very different from when we first moved in, and in recent years we have seen companies across the world – including Wright Hassall – embrace hybrid working, with most of our 240 staff able to work in a hybrid manner.

“This working style has enabled us to consolidate the office space that we need as a business, and use our premises differently. It has meant we have been able to release some of our surplus space to other local businesses, which ties in with our aspirations to support local businesses and enable their growth and success.

“We still have plenty of office capacity for all of our staff, including space for growth, which is very much on our agenda.

“Handelsbanken is a well-respected name within the banking sector and we are delighted to welcome another local business into our office space.”

Andrew Jones, Partner within Wright Hassall’s Real Estate division, said: “When this opportunity arose, it felt like a perfect match for both Handelsbanken and Wright Hassall. We look forward to working with them closely in the future.”

Handelsbanken is a relationship bank which offers banking and financial support for customers ranging from individuals to large corporate and financial institutions.

Its Leamington Spa branch, which serves its south Warwickshire customer base, was previously based at Myton House in the town centre for a decade, with all 13 staff due to relocate to Olympus House mid-October.

Leamington Spa-based commercial property agency Wareing & Co acted on the deal on behalf of Handelsbanken.

Dani Coe, Branch Manager for Handelsbanken Leamington Spa, said: “Moving to Olympus House is a natural step to accommodate our expanding team of relationship bankers in order to support even more customers in the local community.

“It not only provides a fantastic location for us with excellent parking for our customers, but almost double the office space as our previous site, alongside a welcoming open-plan office space which allows our team to be all on one floor.

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“We are very thankful to Wright Hassall and Wareing & Co for helping with our move.”

Jonathan Blood, Wareing & Co Company Director, said: “We have worked with Wright Hassall for a number of years now to help complete our own transactions, so it’s fitting that we secured the deal for Handelsbanken to move into Olympus House.

“The space and amenities fitted Handelsbanken requirement’s perfectly, and we hope the team enjoy settling into their new office.”

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.