The next phase of the Ascot Group’s ambitious growth plans has been given the green light, with the lease signed on an additional office space.
The new office block is at 505 Worle Parkway, just a few doors down from the company’s main headquarters which currently houses 70 plus staff across its three businesses.
‘Ascot Two’ will house both Ascot Group and Knightstone Capital Central Services – group finance, HR, marketing and events.
It will also be turned into a tech, media and marketing hub, featuring a studio to record video content and podcasts, and conference and meeting facilities designed for learning, training and development.
With plans to triple the size of the business in the next three years, expand the events team and launch several new ventures, projects and businesses, additional office space was vital.
Andrew Scott, CEO of Ascot Group, explained:
“We have exciting plans to create a global media, marketing and tech business and our second home will help us build that right here in North Somerset.
“We have employed a huge number of people in the last two years and Ascot Two will allow us to expand Purplex, Insight and Business Leader and continue our upward trajectory.”