Transformation of Leamington’s Spencer Yard is Complete and Fully Occupied
The transformation of the former WW2 camouflage workshop in Leamington’s Spencer Yard has been completed with all the units now fully let to four tenants as part of the continued progress of the Creative Quarter.
The building, now known as 1 Spencer Yard, has been restored to provide modern creative offices by Complex Development Projects (CDP) in partnership with Warwick District Council. A new glazed extension on the roof has added a second floor to the building.
1 Spencer Yard is the new home of EDAG Engineering, LoudLocal, PO’Sh Creative and Lily Head Dental Practice Sales and Finance with around 50 people now working within the building.
The project is the final part of the £6m Spencer Yard regeneration project that was supported by grant from the Government’s Future High Streets Fund. Finance was provided by Frontier Development Capital.
CDP is working in partnership with Warwick District Council to revitalise Leamington’s Old Town to create inspirational spaces for the thriving creative industries to continue to expand and drive the area’s economy.
James Brookes, senior development executive at CDP, said: “There had been high demand for this new office space for creative and digital businesses.
“We could have let 1 Spencer Yard three times over because of the level of interest, which highlights the demand for office space from the creative and digital sector.
“We decided to keep the existing Old Dole Office building as structurally it was very sound, but extend the office space by adding a further floor. Our contractor Croft Building & Conservation has completed the work beautifully to create much-needed quality office space for local businesses.
“The Spencer Yard project is the first to be completed as part of the 10-year Creative Quarter initiative with Warwick District Council and we are really pleased with the outcome.
“It has brought three derelict buildings back to life to transform the area and boost the creative and digital sector to build on the town’s Silicon Spa reputation.
The other two buildings that formed part of the Spencer Yard project are already occupied.
The Grade II-listed United Reformed Church has been converted into stylish co-working areas and office space for award-winning independent marketing group Cogent called The Fold – which received an award at The Leamington Society Awards 2024 – while the SAE Institute has moved into the Old Nursery.
Access to the WMCA funding was provided by the Property Team at Frontier Development Capital Ltd (FDC).