Tech startup takes 10,000 sq ft at Bank House

Newcastle’s 207-foot property, designed by Ryder Architecture and built by Bowmer + Kirkland, is now at 75% occupancy.

Neptune North will take the space on the eighth floor in May, following a 12-week fit out which is being delivered by ADT Workplace, who recently undertook a similar project at Bank House for law firm Knights.

Avison Young and Knight Frank are joint letting agents for the building.

Other occupiers include Cundall, DAC Beachcroft, Lycetts, Barclays, and Knights.

The firm anticipates that more than 100 employees will be working within its office by the end of the year and is actively recruiting software developers and data engineers.

Tony Wordsworth of Avison Young said: “It is very rare for a startup business to grow so swiftly to require 10,000 sq ft of premium office space within the first year of its inception.

“For us to be able to accommodate Neptune North’s phenomenal growth every step of the way here at Bank House is fantastic. The firm is creating a first-class working environment and new employment opportunities of a very high standard.”

Neptune North’s CEO, James Beard, said the firm wants to offer a world-class workplace to help it attract leading software candidates to Newcastle: “As we continue to recruit high-calibre individuals from across the UK and overseas, it is vital that we provide a workplace of exceptional standard. We operate five days a week in the office and have already made nearly 50 appointments.

“Bank House is the leading office building in Newcastle which is an important component in the overall offer as we bring onboard talented individuals from inside and outside the region.”