The Agriculture and Horticulture Development Board (AHDB) is set to save approximately £500,000 per year when it moves to a new site near Coventry by April 2023.
The move from the current site in Stoneleigh takes the headquarters to Middlemarch Business Park, near Coventry Airport and will be more than 50% smaller in size at 16,000 square feet.
CEO Tim Rycroft said: “This move to a new, fit for purpose headquarters demonstrates our commitment to reducing central costs and building a leaner AHDB. The money we have saved will be reinvested in our core activities, directly benefiting levy payers.
“International House will provide a home that fits the requirements of our current sector teams and central support staff, as well as offering better value for money to levy payers in serving their needs. It gives us a suitable venue for hosting levy payer meetings, as well as other stakeholder and industry events and we are also pleased to have found a location that is close to our current base.”
The move to the new premises will be finalised in early April with AHDB’s departure from its current base at Stoneleigh Park completed by the end of that month.