The Agriculture and Horticulture Development Board (AHDB) is set to save around £500,000 from its annual budget when it moves from its current headquarters at Stoneleigh to a new location near Coventry.
The move, which is to take place by the end of April 2023, will see the organisation relocated just six miles from its current headquarters to International House in the Middlemarch Business Park near Coventry Airport.
AHDB’s new headquarters will be more than 50% smaller in size at 16,000ft2, compared to its current base in Stoneleigh which is 33,000ft2.
The organisation’s chief executive, Tim Rycroft, said the move will see AHDB in a “new, fit-for-purpose headquarters” that demonstrates its commitment to reducing central costs and building a “leaner AHDB”.
The money saved, he said, will be reinvested in “core activities, directly benefiting levy payers”,” he said.”.
“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,” he added.
“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.”
AHDB staff will begin departing from the old premises in Stoneleigh to the new base in International House in early April, with the expectation that the move will be fully completed by the end of that month.
