BizSpace invests in three new business centres as portfolio now exceeds 100 centres

BizSpace Coventry site

BizSpace, the largest provider of flexible workspace with offices and workshops across the UK, has invested over £11.5 million in three new business centres. The acquisitions include existing office parks in Coventry and Bury together with two large office buildings in Gloucester – one let and one to be fully refurbished and transformed into a new Business Centre.

The three purchases follow the Company’s recent acquisition of Cheadle Place in Stockport, Equinox South in Bristol and newly refurbished co-working office space and Serviced Business Centre at Belvedere House, Basingstoke. All three sites offer high quality business space for small and growing businesses.

BizSpace’s Development Director, Nick Smith, commented:

“The Bury and Coventry properties provide an opportunity to create smaller workspaces for local businesses alongside more traditional offices. In Gloucester, we are creating an up-to-the-minute business centre from a 1960s landmark building on a gateway site. BizSpace already has a very successful industrial centre at Morelands in the City, so knows the market well; this purchase is a response to that demand.”

BizSpace’s Commercial Director, Emma Long, commented:

“BizSpace is engaged in bringing people together and enabling the regeneration of local communities. We’re excited to continue expanding our portfolio of business and are looking forward to welcoming a diverse host of the region’s businesses as our new customers. Our focus is very much about making life easier for small businesses and start-ups, and we’ve done everything we can to make the process of taking on that important first business space as easy and fuss-free as possible.”