Prospect opens fifth serviced office centre following £1.5m investment

PROSPECT Business Centres, which operates two serviced office centres in London, has opened the doors of its fifth serviced office centre, its third in the capital.

Prospect Business Centres, part of the growing Yorkshire based Prospect Property Group, is rapidly expanding in the capital to take advantage of the city’s record levels of demand and rising rents. 

The company has spent several months refurbishing the fifth floor of the 105,000 sq ft period building at 107 Leadenhall Street, just a few metres from the landmark Gherkin building and opposite Lloyds of London, before officially opening the doors to tenants this month.  The new centre represents an investment of £1.5m by the premium serviced office operator which grew turnover to £5.5m in 2014. A further two serviced office centres are planned for 2015.

The company now has desk space for over 1,220 people across its five centres, and the portfolio comprises a total of 80,000 sq ft of fully refurbished city centre office space across its three other London centres and at the firm’s two Yorkshire centres at Prospect House and Fountain House in Leeds.

“Since we first opened in London in 2011 we have seen consistently high occupancy. We are refurbishing properties to the highest spec, and our reputation for value and high levels of service is keeping customers very loyal,” said Charlie Cudworth, managing director of Prospect Business Centres.

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