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Durham accountants welcome next phase of £750k refurbishment

The site of Baldwins Accountants’ Durham firm has now reached the next stage of its £750k refurbishment.

The refurbishment of Bede House is being led by Durham Group Estates, a leading privately owned North East property investment company, amid an ongoing “major investment” in the region.

The accountancy firm now occupies the 13,000 sq ft first floor of the 26,000 sq ft site, which is situated in Belmont Business Park. The site is located on the edge of Durham city centre, in a “prime position” at the entrance of the business park. 

Durham Group Estates’ chief executive, Gurpreet Jagpal, said: “We have now completed the transformation of Bede House from subdivided small offices into large, open plan office suites, with the very latest in audio visual and IT infrastructure.

“We completely overhauled all the mechanical and electrical infrastructure to ensure the building is energy efficient as well as being suited to collaborative, flexible working.”

He added: “We were delighted to welcome Baldwins Accountants, which chose the premise as its main County Durham office. 

“We have had very strong levels of interest in the remaining office suite and are in advanced negotiations with a national organisation, which would be a fantastic coup for the Durham area.”

Andrew Little, regional managing partner and head of the Durham office at Baldwins Accountants, said: “We have signed a ten year lease having centralised three regional offices, so that our 80 business advisory experts have an incredible new environment that is modern in appearance and offers vast open space.

“The location in Durham provides us with perfect access to the wider North East and beyond. We see this as an office of strategic importance, offering a great platform for growth. With 100 offices across the country we have become the fastest growing accountants in the UK.”

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