A national business accommodation provider has taken over the management of two additional centres, signalling growth for the flexible workplace sector.
Bizspace is one of the UK’s leading providers of flexible business space and already has accommodation in 110 locations. Now the company has added a further two business centres to its portfolio – Team Valley Business Centre in Gateshead and Sugar Mill Business Park in Leeds.
Bizspace’s expansion suggests an increasing number of businesses are looking for flexibility when it comes to finding commercial property to rent.
The company’s business model allows firms to take on units without signing long-term fixed leases. Instead, customers are able to sign a single page licence agreement for their chosen unit and move in on the same day. Companies do not have to commit to a set length of time and if their needs change, they can move to larger or smaller units whenever they want.
Gareth Evans, Bizspace’s managing director, said flexibility was vital for businesses in the uncertain economic climate.
“We have found the flexible business space model has been very important in helping businesses to grow during the economic crisis,” he said.
“Many companies today, particularly SMEs and start-ups, do not want to commit themselves to expensive long-term leases, which they may find themselves unable to keep up with.
“Our flexible and affordable rates allow companies to rent high-quality accommodation which suits their current needs with the freedom of changing their unit whenever they feel they need more or less space. We hope that the increase in availability of flexible accommodation will mean fewer companies will collapse because they cannot afford the rent.”
Bizspace has taken over Sugar Mill Business Park from its parent company Highcross. Located just 2.5 miles from Leeds city centre, the former sugar refinery includes a range of office accommodation with 24 hour access, an on-site management team, ample car parking and meeting and conference room facilities.
Team Valley Business Centre at Gateshead’s Team Valley Trading Estate offers a variety of office suites with reception facilities as well as bright and airy internal workshops and external units with roller shutter access. Facilities include meeting, training, conference and interview rooms which can be hired by businesses as and when they are needed. Storage space, mailboxes and a number of business support services are also available at the centre, which has a large car park.