A regional publisher is set to stay in its current city centre headquarters despite agreeing a deal to sell the property.
Archant has sold its Prospect House base to the Alan Boswell Group, a Norfolk-based insurance company.
Both companies will occupy the site from 2020, with Archant being based on the first floor following renovation work.
In an announcement to staff, which has been seen by HTFP, Archant chairman Simon Bax said: “We have always said our intention was to remain in the city centre within the heart of our communities and close to the amenities and transport links many of our staff depend on.
“This view was overwhelmingly supported by staff and therefore I’m delighted to tell you that we shall be staying in the building.
“Something we can all agree on is that Prospect House is not filled to the rafters and has too much space for our needs. We have conducted a number of studies as to how much space we require so that all current staff can be accommodated. Therefore, we will be leasing back the first floor from the new owners.
“Furthermore we are going to take the opportunity to create a workspace for Archant that reflects a modern day media company An environment that when coupled with our new IT kit will be up to date, flexible and comfortable.”
Archant first announced its intention to sell Prospect House, where it has been based since the late 1960s, in 2017.