Skip to main content

This is the way to let offices – this is the Motorway!

Motorway Online Ltd have acquired 12,500 sq ft of offices in central Brighton as a mark of further expansion for the prolific online car sales Company – a deal arranged by Graves Jenkins and one of the City’s largest office lettings in recent times.

With offices already in London and Kiev, the Company have expanded their operation into West Street, where a number of their senior Executives are based.

The Company commenced in 2017 and after various rounds of inward investment, the operation expanded exponentially during Covid lockdown launching a new contact free transport service and announce transactions of over £1m per day. They continued their success with over £220m worth of vehicles sold during 2020 despite the pandemic – a meteoric rise.

Oliver Graves who acted for landlords One Family commented, “very little space within one building is currently available in central Brighton and the fact that the offices offered were over only two floors was attractive to Motorway and their advisors. Quick open negotiations and a need to occupy the offices in some haste assisted in the deal completing on time.”           

Motorway have recently been valued at $1 billion so further acquisitional expansion is sure to be on the horizon.

“We’re delighted that GJ have found a great company in Motorway to be our new neighbours, occupying the top 2 floors of our offices in Brighton.  GJ worked swiftly to secure a great deal for both parties, “commented Steve Ferrari, Operations Director at One Family.

GJ were seeking £26/sq ft for the two floors and now have only the 6th floor available of 6,245 sq ft to include parking.

Anthony Murphy MRICS of the Making Moves acquisition agency, acted for Motorway.

 

 

Back to news home

Other stories that may interest you

Tuesday, April 23, 2024
Power up at Sackville!
Friday, April 12, 2024
Bonfire Boy, Georgian Dragon or good old Best?
Tuesday, April 9, 2024
Is it time to extend your residential Lease?

Connect with us

Register for property alerts

Register now