Serviced office centres
We have assisted a number of our clients with their vacant office buildings by incorporating a serviced office solution within them:
- Forward House, Henley-in-Arden - Forward Group
- Cirencester Office Park, Cirencester - Morcroft Developments
- Avon House, Bromsgrove - Real Estate Investors plc
We have introduced these clients to United Business Centres, a serviced office operator with a portfolio of 13 high quality offices across the UK. Offering a total of 1,200 workstations, United Business Centres continues to fill vacant office space, working as a joint venture with landlords and utilising their unique management agreement. With the company’s National Sales Office receiving an average of 250 enquiries per month and conducting 100 office tours per month, this demonstrates the continued growth of the serviced office sector and increasing demand for flexible office space.
Generating an income of approximately £230 per workstation per month and with companies signing for an average 9 month term, a serviced office solution can offer landlords and developers new revenue streams and address the issue of vacant office space.
Working with one of the UK’s largest speculative developers, Gladman Developments, we have introduced a serviced office solution to six of their schemes around the country, utilising their 10,000 sq ft buildings.
As one of the fastest growing areas of the of the office property arena, we believe that a serviced office solution is also likely to be of interest to a number of companies who are seeking to offload office space due to downsizing or consolidation.
For advice on how you can turn your vacant office space into an income stream, or for more information on accurate budgeting and sales forecasting, please call John Bryce or Nigel Tripp at KWB on 0121 233 2330
