A South West marketing and technology company has purchased a third office block at Worle Park Way, Weston-super-Mare.
The Ascot Group’s acquisition of the Ascot 3 block provides it with an additional 15,000 sq ft and is part of a multimillion-pound investment in marketing, media and tech. The company plans to fully refurbish the building with focus on sustainability and low carbon, including renewable energy.
Ascot 3 will house a new TV and recording studio, a data science and machine learning team, a training academy to support young people into work, and space for more than 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 chief executive, said: “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 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 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.”
The Ascot Group purchased Ascot 1, a three-storey 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 three years