The firm’s office moves are part of a continuing expansion drive that has seen the opening of several new offices over the past two years as well as the launch of a separate corporate finance company and its insolvency arm, Rothmans Recovery.

Rothmans Recovery is based in its offices in Bristol and Salisbury, with the firm’s corporate finance company based in Fareham.

The new Isle of Wight office is based at Ryde, also known as the ‘gateway to the island’ and will be led by Adam Bolger who is a partner at the firm.

Bolger said: ‘This is an exciting move for Rothmans. The number of clients we serve on the island has been steadily growing over recent years and this new office is ideally placed to allow us to cater to their needs more easily, while also increasing the local client base.’

Rothmans currently has 12 offices throughout the south with over 200 staff members. It is ranked in the UK Top 60 of independent chartered accountants.

Rothmans Partner, Robin Lloyd, said: ‘Rothmans London is now based at 1 Cornhill, an iconic Grade II listed landmark with superb modern facilities in the financial heart of the City.

‘The Portsmouth office on the eighth floor of the Connect Centre in the City centre offers a first-class modern office environment that will allow for expansion of our team and extend even further the level and range of expertise and services we offer clients.’