Connect Derby, the city’s primary managed workspace provider, has enjoyed the best start to a year for five years, with 6% of space currently under offer.
78,000 sq. ft of office and studio accommodation is currently let, with 5,600 sq. ft under offer – the highest level in the past five years and a clear indication that the managed workspace provider has recovered from the downturn following the pandemic.
In the current financial year, the workspace provider has let more than 7,600 sq. ft of space.
The success comes as a result of Connect Derby’s strategy of responding to the changing nature of the workplace with the introduction of new, flexible ways of working.
A diverse range of businesses have already taken space at Connect Derby buildings this year, including property, construction and infrastructure consultancy Pick Everard who have left their former home on Queen Street in the city to join Sadler Bridge Studios.
Launched in 2014, Connect Derby supports small and medium enterprises, providing them with the flexible accommodation, advice, and guidance they need to support growth. A variety of accommodation is available, including conventional offices and studios, along with co-working space, hot desk facilities and virtual tenancies.
Connect Derby continues to innovate in order to support businesses following the pandemic. Fully furnished offices were introduced in 2021, giving businesses the opportunity to rent offices on a short-term basis of up to six months.
A new hybrid office scheme is soon to be launched at Friar Gate Studios for businesses who want to combine the flexibility of remote working with having an office base.
Businesses will be able to occupy a hybrid office for up to three days a week, with another business occupying the space on the remaining days. They will occupy the same office on the same days each week.
Commenting on its success so far this year, Ann Bhatti, head of Connect Derby, said:
“To see such growth across the Connect Derby portfolio is a fantastic achievement and is a testament to the quality of our offer.
“Over the past couple of years, we’ve introduced a number of new, flexible ways of working to support businesses as they navigate the new world of work, the cost-of-living crisis, and rocketing energy bills.
“Our diverse workspaces and the flexible packages we offer mean that all types of business can join us, regardless of their size.
“We will continue to innovate as we help businesses face the new challenges presented by the evolving nature of the world of work.”
Connect Derby brings together Derby City Council’s workspaces, with six diverse managed workspaces at Friar Gate Studios, Sadler Bridge Studios, Kings Chambers, Riverside Chambers, Marble Hall, and Shot Tower.
The scheme provides micro businesses, entrepreneurs and SMEs with the high specification working environment, IT infrastructure and business support they need to grow. Tenants enjoy superfast broadband, meeting rooms equipped with AV equipment, and 24/7 access.
Co-working services furnished offices and virtual office services are also available. Connect Derby also operates a dedicated business support programme.
A number of offices are currently available and can accommodate everything from a sole trader to larger expanding companies.