Workspace provider enhances Midlands presence as part of £11.5m investment

The new BizSpace facility in Coventry
X The Business Desk

Register for free to receive latest news stories direct to your inbox

Register

Flexible workspace provider BizSpace has expanded its presence in the Midlands as part of an £11.5m acquisition programme.

The investment has seen the company acquire 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.

Nick Smith, development director, BizSpace, said: “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.”

All three business centres will be launched with an open day in the New Year.

Close