Regal Workspace has agreed a 63,527 sq ft pre-let to National Lottery operator Allwyn at The Clarendon Works office scheme in Watford.
Allwyn will occupy six floors of the Grade A speculative development and is relocating from its existing space on Tolpits Lane in Watford. The company intends to move into its new home by spring 2025.
Following completion of the letting, the building is close to 80% pre-let
Paul Eden, co-founder of Regal, said: “Allwyn’s desire to enable positive social impact through its business is one that thoroughly chimes with Regal, and we’re delighted that the team has chosen The Clarendon Works. With The Clarendon Works now merely a month from completion – and with two international brands confirmed soon to call it home and many more Watford-grown entrepreneurs and businesses having the opportunity to take flexible office space with YoooServ – we look forward to completing construction, opening the doors of the building to welcome its first generation of employees, and continuing Regal’s journey in the office development market.”
Andria Vidler, CEO of Allwyn, added: “The National Lottery and Watford go hand in hand, so we’re absolutely delighted to be relocating our home to a new site in the area. This marks our commitment not only to Watford and the wonderful community here, but to our ambition to create a net zero National Lottery with more modern, sustainable head office fit for our future plans.”
Bray Fox Smith and Lambert Smith Hampton are letting agents for The Clarendon Works. Cushman and Wakefield advised Allwyn.
