Apteco expands and purchases new building in Warwick

Posted: 03 Feb 2020

Apteco is committed to providing staff with a positive work experience and in the development and promotion of Warwick, where the company’s headquarters is located at Tink-a-Tank House on Jury Street.

In view of this commitment, Apteco is proud to announce the purchase of the Athenaeum, on Church Street. Also located in Warwick, less than 500 metres away from Tink-a-Tank House, the new building will make additional room for Apteco’s expanding workforce and will house Apteco’s growing team of designers and developers from the summer, after an extensive restoration and refurbishment programme.

The historic building, a Grade II* listed building in the centre of the town was built in the 1780s on the site of two houses constructed after the great fire of Warwick in 1694. It was used as a reading room until the 1960s and has been used as offices since the 1980s.

The company will keep its current headquarters at Tink-A-Tank House, which is also a listed building.

Founder and Managing Director James Alty said plans would include the restoration of key features in the building.

 “We have always provided great working environments for our staff, so our buildings are key. The Athenaeum has been used as offices for half a century and we intend to sympathetically upgrade the fittings and services installed.

“We have commissioned a historic building appraisal which will identify the historic merits of the building and its features but the main historic asset is the grand stone frontage which was added in 1780.

“Our team of developers will be based here and seeking a town centre location was a priority for a number of reasons. For example, we incentivise colleagues to cycle to work and we provide bike storage and showers to make that practical.”

The Athenaeum is the fourth office Apteco has occupied in a 500-metre radius since being founded in 1987.  Apteco employs 60 staff primarily in Warwick with offices in Frankfurt, Sydney and Rotterdam.

Jonathan Blood, of Wareing & Company, said that Apteco’s plans for the building were key to them successfully concluding the sale.

“James and his team really want to make the best of Athenaeum and their plans to sympathetically restore the building really appealed to the vendors. Their headquarters at Tink-A-Tank house is a fully restored listed building and they will do the same with Athenaeum.

“It is great to think that cutting-edge software which will be sold around the globe, will start its life in a building of such age and distinction in the very heart of Warwick.”