Redwood is banking on Letchworth Garden City
Brown & Lee Chartered Surveyors, acting on behalf of the Letchworth Garden City Heritage Foundation, has successfully Let office space to Redwood Bank.
The bank will occupy 5,000 sq ft at The Nexus Building, a modern headquarters office building located in the centre of Letchworth Garden City, overlooking Broadway.
Redwood Bank is a new UK SME Business bank, which secured a banking licence in April 2017, following approval from the Financial Conduct and Prudential Regulation authorities. With its new base in Stevenage secured, the bank and will now enter its mobilisation phase and expects to launch to customers later this year.
This deal represents another significant letting for Stevenage and leaves just one remaining 5,500 sq ft area available to let at the Nexus Building.
Full details of the Nexus Building can be downloaded here: Nexus Building PDF