A NEW business has moved into a former bank which has sat empty for two years.

Magbility, a specialist in mobility equipment such as wheelchairs, zimmer frames and other pieces of kit, has moved into the former Lloyd's Bank building in St John's.

Lloyd's closed in 2020 after years of uncertainty over its future.

Now, the building has been given a new lease of life after Magbility secured its lease for use as a showroom.

The company has branches in Birmingham and Bromsgrove and wanted to expand due to a rise in demand.

The deal to lease the building was assisted by GJS Dillon, who helped get the deal over the line.

Mark Grant, managing director of Magbility said: "As a growing local family business, we needed to move to a larger showroom to showcase our full range of mobility products.

"With over 20 years of experience, we know that finding  suitable building is never a straightforward process and can require a huge amount of effort to get the right location at the right price.

"We are looking forward to serving the Worcester community with our range of mobility aids and services from our new location."

Acting on behalf of a private pension fund, Kyle Pugh, GJS Dillon’s graduate surveyor negotiated the letting.

The purpose-built property is set out over two floors and measures 2,806 sq ft, offering a mix of open-plan and individual offices.

Further office space is available on the first floor and there is allocated car parking for eight cars. 

The move has been supported by St John's councillor Richard Udall who welcomed the arrival of a new business.

He said: "Its always good when a new business opens up in St John's, I hope that Magbility will find the area a successful place to trade and I hope it will also encourage other businesses to invest in St John's, which may increase footfall.

"Bringing new customers and new shops to St John's is a key aim of local councillors, this will help to keep St John's as an active commercial part of the city."