HSBC agrees lease with Worthing Borough Council for new home

A BANK is to move into an empty three storey office block in Worthing town centre.

HSBC will move into Cannon House on Chatsworth Road after Worthing Borough Council has secured a lease.

The bank will use the premises for an administrative center when it moves from its Farncombe Road premises in the city.

The council bought the building, the former offices of the Worthing Herald newspaper, to speed up proposals to develop the adjacent Union Place site.

The Union Place development received planning permission in 2020 for a mixed-use development that includes 169 apartments, flexible commercial space, a 90-bed hotel and an expanded movie theater.

The brownfield was acquired by the municipality in 2019.

City officials fully renovated Cannon House because they were “interested” in attracting staff and jobs to the area.

A spokesman for the council said the lease is part of ongoing programs to bring new housing, shops and retail outlets to the city centre.

Cabinet member for Renewal Council Martin McCabe said the move would help local economies.

“I am pleased that we have been able to provide HSBC with an excellent place to work and keep them and their staff in the city,” he said.

“It’s a great example of working in partnership to support the local economy.”

Melanie Bayliss, HSBC’s workspace manager, said the bank was delighted to retain its place in Worthing.

“We are delighted to be moving to a new home in the city center and maintaining our long-standing association with Worthing,” she said.

“Our new office space offers our colleagues an excellent modern workplace and gives us the flexibility and space we need to continue to serve our customers.” HSBC agrees lease with Worthing Borough Council for new home

Fry Electronics Team

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