The recession is not bad news for every business.
Pawnbroker and jeweller Albemarle and Bond is relocating its Leeds and Wakefield offices to the new £140m Merchant Gate development in Wakefield city centre.
The firm, which has over 150 stores across the UK, will take the top floor of No 2 Burgage Square in the scheme as a central administration centre for 72 staff.
Albemarle and Bond will take up occupancy of the 10,000 sq ft of office space on a 15 year-lease at the end of the summer.
Barry Stevenson, CEO of Albemarle and Bond, said: “This move will bring a number of benefits for us as a company.
“The new Merchant Gate development offers us a great opportunity to centralise our administration centre and provides access to a great office space set in fantastic public realm. There are also a huge amount of benefits for the business in relocating from Leeds to Wakefield.”