Though political will has lessened in the past 12 months, the Northern Powerhouse project is still alive and well, and thriving urban hubs like Newcastle are the proof. Average office space costs in Newcastle are around £4,200 a year per employee, which is well below what you'd expect to pay in the south, and even less than in Birmingham and Manchester.
Newcastle is the business centre of the north-east, with a thriving financial and legal sector. What's more, the NE1 Business Improvement District is working to add value to the city centre, attracting internationally recognised names and exciting startups to the area. Companies such as Virgin Money, Sage Group, BeRo, Greggs and Bellway all have headquarters or major operations in the city, so you know you'll be in good company with a Newcastle serviced office.
In terms of accessibility, Newcastle is the north-east's de facto capital, with easy access to Scotland allowing links to be formed with businesses in the equally thriving cities of Edinburgh and Glasgow. When HS2 launches, Newcastle will not be on the route, but the city is braced for an influx of companies priced out of Leeds, Sheffield and Manchester. This will inevitably increase prices in Newcastle as a result, so it's worth establishing a base now to be ahead of the curve. The already-short train journey to Leeds on a well-established line will offer commuters the choice to change to HS2 for a rapid run into London, or stay on the existing line for a cheaper, more leisurely journey.
At Easy Offices, we can take you through the full range of spaces available in Newcastle, including flexible serviced office space of all shapes and sizes. We give impartial, unbiased, free advice to help you find the perfect solution for your office needs. Our trained advisors have in-depth experience of the city and the surrounding area, so we can give you professional, tailored advice on which areas and office types will suit your business.
Our fees are paid by the office provider, not by you, so you can benefit from all this advice at no extra cost. Call us today on 01932 834 720 and let us help you find your perfect office.