Extra! Extra! Exeid’s Sitwell House Hits the Headlines!

It seem that the rest of the business world is recognising the potential that Exeid saw in Derby’s Sitwell House building, as it comes to the attention of the local Print Media. Exeid’s new acquisition, Sitwell House Office in Derby, situated on Babington Lane, made the front page of the Business Weekly due to the significant effect it is likely to have on Derby’s local economy and job market.

  As extensive renovation projects become completed in Derby City over the next five years, Babington Lane is set to become the very heart of Derby’s City Centre, connecting the new Westfield Shopping Centre and the more traditional retail areas. Footfall will increase, retail space occupancy will rise and Sitwell House will be ideally located on the thriving High Street.

Exeid Managing Director, Richard Priestly, describes it as similar to a previous investment by Exeid, 20 Fletcher Gate in Nottingham. “Sitwell House is similar to our Fletcher gate building, in Nottingham, that was also seen as a secondary location until a few years ago. We have the top floor of Sitwell House confirmed for a national Blue Chip company that is upsizing its Derby operation and negotiations are in the final stages with two companies, new to Derby, that will take half of the third floor of this 16,740sqft building.” No doubt, as Sitwell House becomes a thriving business centre, jobs will be created for Derby in an area that is soon to become saturated with prosperous business opportunities, boosting the economy. Exeid have extensive plans to refurbish both the exterior and interior of Sitwell House, transforming the reception area, installing the latest IT Technology and ecological systems to make the building the greenest office in Derby. Exeid Managing Director, Richard Priestly, commented: “By the time we are finished, the freehold and renovation will represent and investment of over £1 million”

For more information on Exeid’s Sitwell House, or if you are interested in moving your business into the newly refurbished office in Derby (fully serviced office spaces available) call 0115 824 1444 or email Exeid

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