John Truslove on target with Arrow Court home for Zoo Accounting
An ambitious young accountancy firm has bought its own offices in Alcester in a £155,000 deal aided by commercial property agents John Truslove.
Just three years after it was launched by partners Wayne McCormack and Zeta Hewings, Zoo Accounting has moved from renting office space to acquiring a permanent base to cater for its growing team, with two more staff due to be recruited before the end of the year.
The move comes as Zoo Accounting was named “Most Innovative accounting and business consulting firm, West Midlands”, in the prestigious SME News Finance Awards 2020.
Ben Truslove, joint managing director at John Truslove, oversaw the sale of the 1,320 sq ft offices at 3 Arrow Court, Arden Road, on Springfield Business Park in Alcester.
And the Zoo Accounting founders are already eyeing further growth.
Wayne McCormack said: “The new offices have enough space for around a dozen people, but we might need even more room in the next 18 months or two years. We are very ambitious.”
Catering for businesses of all sizes, from sole traders to multi-million pound operations, Zoo Accounting has grown rapidly through its combined focus on personal service and effective technology, using cloud accounting software such as Xero to work closely with clients.
“Things have gone far better than we could have hoped over the last three years,” said Wayne.
“We had grown to six people at our previous offices and we just had no space.”
After 12 months looking for new premises, they came across the offices at Arrow Court just as the team at John Truslove were being instructed to handle the sale.
Mr McCormack said: ““The offices were clearly ideal, so it was job done. Ben Truslove and his team were very helpful and supportive, always available to handle any queries. They provide a really good service.”
Zoo Accounting is now established in its new offices and handling a constant stream of new clients in the wake of Covid-19.
Mr McCormack added: “At the height of the crisis we were providing our clients with a daily update on the issues that effected them. That got around through word-of-mouth and as a result, a number of business owners and firms who felt they weren’t getting that kind of support from their existing accountants have now come on board.”
Ben Truslove said: “It is always satisfying to help an ambitious young business find the right premises and be able to secure a sale on excellent terms for both parties. Zoo Accounting is continuing its growth and we look forward to helping the firm with its future property needs.
“Arrow Court is a modern courtyard scheme of offices beside the River Arrow providing high quality space for growing businesses. It is yet another example of the kind of premises available across this region to suit businesses at every stage in their development.”
Simon Cooke of MFG Solicitors advised Zoo Accounting. The vendor’s solicitor was Paul Kettle of George Green LLP in Cradley Heath.
Redditch-based chartered surveyors and valuers John Truslove was recently named Most Active Agent in Worcestershire in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine.
Joint managing director Ian Parker was also named Worcestershire Dealmaker of the Year AND Warwickshire Dealmaker of the Year for 2020. The survey year, which runs from August to August, saw John Truslove record a 36% increase in deals negotiated over the 12 months.
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