Lettings success for Connect Derby studios following relaxation of eligibility criteria

A year on from opening its doors to non-creative businesses, Connect Derby’s Friar Gate Studios and Sadler Bridge Studios have let more than half its available space to companies from across the supply chain to the non-creative sectors.

The Studios welcomed non-creative businesses for the first time in winter 2020 after being given the green light from the Ministry of Housing, Communities & Local Government (MHCLG) to let up to 30% of itsspace to tenants from across the creative industries supply chain in a bid to further promote entrepreneurship within the city.

Since then, and despite the challenges faced by the Covid-19 pandemic, non-creative businesses across a range of sectors have taken a total of 3,570 sq ft of space at the studios on Ford Street and Bold Lane in Derby city centre.

Professional service companies including accountants and financial services firms have joined HR professionals and education and training businesses to set up home at the studios, which have established themselves as the hub of the city’s creative industries.

Businesses taking advantage of the rule change include growth expert Neale Lewis Associates and chartered financial planners Aristotle Financial Planning, Create Finance and Compact Training, who have all taken workspace at Friar Gate Studios.

Sadler Bridge Studios has welcomed digital training providers Althaus, along with Abbot Risk Consulting, Switch My Business, Revival Finance Ltd and JMK Wealth Management.

Ann Bhatti, head of Connect Derby, said: “Despite the challenges faced by the pandemic and the subsequent lockdowns, the decision to relax the eligibility criteria at Friar Gate Studios and Sadler Bridge Studios has proved extremely successful, with a diverse range of business relocating to our workspaces.

“Our tenants benefit from high specification workspaces, flexible lease terms and have the ability to upsize and downsize at buildings across our portfolio, plus a Covid secure working environment, which was given an ‘Outstanding’ rating by Derby City Council.

“I look forward to welcoming more businesses from the supply chain to the non-creative sector and providing them with the support they need for their businesses to thrive.”