Spectrum Business Park, has agreed a 15-year lease of the three-story, 47,000 sq ft Spectrum 7 building to Great Annual Savings.

Great Annual Savings Group, a company who helps businesses save money on their running costs, moved to Spectrum Business Park in 2015 with a plan to grow rapidly. Initially they moved into Spectrum 6 taking 13,000 sqft and now after 5 years of success and growth the company is preparing to move into Spectrum 7 to occupy over 47,000 sqft after officially signing their 15- year lease.



Paul Wellstead, the developer behind Spectrum Business Park said: “Hot on the heels of what was Spectrum’s biggest ever letting a few months ago, with 35,000 sqft Spectrum 4 being secured by Believe Housing, the new letting of Spectrum 7 to Great Annual Savings is bigger still at 47,000 sqft.”

Paul added: “This continues the significant momentum Spectrum is achieving in the NE office market.” 

“One of the key factors for occupiers at Spectrum is providing the very best in workplace environments for their staff. Occupiers understand that their staff are the number one asset to the business and providing them with a well connected, inspirational workplace is at the top of the list of requirements.”


“The stunning setting of the business park on the County Durham coast along with fantastic facilities and transport connectivity make it an unbeatable destination for dedicated employers.”

“Great Annual Savings have demonstrated their commitment to rewarding and cherishing their employees since the company first arrived at Spectrum in 2015 and the new HQ in Spectrum 7 will take this to the next level.” 


“The fit out is being provided by Ultimate Commercial Interiors Ltd who have already delivered stunning office environments for Northumbrian Water and Believe Housing at Spectrum, the latter of which is nominated in this year’s NE Property Awards.” 


“I am incredibly excited to see yet another new benchmark being set by them for Great Annual Savings in Spectrum 7.”



For further information about Great Annual Savings Group visit: www.greatannualsavings.com.



Want to find out more about office space here at Spectrum Business Park? 


Looking for corporate or serviced office space in North East England? Arrange your free tour at Spectrum Business Park call Paul Wellstead on 07946 439 970 or email info@spectrumbusinesspark.co.uk.

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