New office purchase signals £multi-million investment
A south west marketing and tech company, The Ascot Group, has reached a new milestone with the purchase of ‘Ascot 3’, the third office block it has occupied at Worle Park Way, Weston-super-Mare.
The new office gives the company 15,000 sq ft and is part of a £multi-million investment in marketing, media and tech, with plans to fully refurbish the building with focus on sustainability and low carbon, including renewable energy.
Ascot 3 will house a new TV/recording studio, a data science and machine learning team, a training academy to support young people into work, and space for 100+ new team members across the Ascot Group.
It will also provide a base for further business acquisitions and an expanding investment portfolio.
Andrew Scott, Ascot Group CEO, commented;
“This is big step with so much uncertainty right now, but the truth is I believe in what we are doing, I believe in my team and I am committed to giving our customers every tool and advantage I can.”
Worle Park Way is a strategically located, modern office estate next to Junction 21 of the M5 motorway near Bristol, and adjacent to Worle mainline train station with Bristol Temple Meads 20 minutes away and London Paddington under 2 hours. Bristol airport is also close by.
“Worle Park Way is a magnet for people in the region, with easy transport links, plenty of free parking, local amenities and shopping. It is a buzzing, modern estate and makes an ideal HQ for the Ascot Group.”
The Group purchased ‘Ascot 1’, an imposing three storey modern office on the Park Way in 2016 then in January 2020 occupied ‘Ascot 2’, a refurbished office suite directly overlooking the train station platform.
The Group has employed 18 new members of staff since the Lockdown in March, and has plans to reach 200 employees over the next 3 years.
“The new offices will act as a catalyst for growth, both organically and through acquisition, and we are already in talks with a number of marketing, digital, media and tech companies.
It is hard to believe it all started 15 years ago from my dining room table with a telephone and a laptop. Over the years we’ve had so many knock-backs, crisis and challenges to overcome, but I’m fortunate to have so many brilliant people around me and we are now looking to the future.”
For more information, visit: www.ascotgroup.co.uk