Leading accountancy and advisory firm, MHA Tait Walker, has signed a 10-year lease on a new office in Stockton-on-Tees.

The move will create around four new jobs initially, with plans to double its workforce to 40 over the next three years. The new recruits will include experienced specialist accountants, together with graduate and apprentice trainees.

MHA Tait Walker has been working with clients across Teesside for more than half a century. Plans to extend the firm’s footprint in Teesside will complement its existing offices across Newcastle, Northumberland, Durham, Leeds and Carlisle.

The move from Medway House to more than 6,500 sq ft of space in an adjacent building in Teesside Park, is the next phase in the firm’s organic growth.

Scheduled to open in late spring 2020, the move is part of a long-term strategic investment plan which aims to spearhead additional growth and development over the coming years.

Andrew Moorby, managing partner at MHA Tait Walker, said: “The investment and expansion plan marks the latest milestone for our Teesside team. The new office base will allow us to continue to service existing clients, but also look to work with new businesses across the area.

“The move is part of a wider strategic plan to grow the business with a focus on winning clients who demand specialist accounting services.

“We now have six regional offices and a total workforce exceeding 170 across the region. The new office demonstrates our commitment to the Teesside business community. In fact, we have used only Teesside-based companies to refit our office space.”

MHA Tait Walker worked alongside the Stockton office of property services firm, Sanderson Weatherall to provide architectural and cost consultancy and Leba Construction Services, a Teesside-based contractor responsible for the refurbishment and fit-out of the new office space.