Deal to secure Express new building
The Marlborough Express hopes to have a new base in Blenheim by September next year.
Company owner Fairfax New Zealand has a conditional offer on its existing building with a Marlborough developer in a deal that includes having new offices built on same the site.
The existing two-storey building at the corner of Arthur and Henry streets had been on the market for more than a year and Express general manager Vanessa Watson said the company had accepted a conditional offer for the building.
The conditions included provisions for the developer getting consents to build a single-storey purposed-designed office for the Express on the corner car park of the site.
While the deal depended on the developer's due diligence process, which would take up to seven months, the offer was an exciting opportunity, Watson said.
"Most importantly, the potential sale and move demonstrates Fairfax NZ's commitment to our future, to the Marlborough Express and to the region," she said.
Her staff had started this week working with Fairfax specialists on the scope and design for the office fitout so this could form part of the building consent process.
She hoped everything would fall into place as planned and the Express staff would be able to move into the new premises in September next year.
She would not reveal who the developer was, and did not know what they planned to do with the remainder of the 3760 square metre site after the Express moved out into the new building.