Independent serviced office operator, Prospect Business Centres, continues to expand with a new flexible workspace in the prominent City of London location of Monument.
Prospect Business Centres’ new workspace at 16-18 Monument Street marks its fifth serviced office development in London and its seventh overall in the UK, with two centres based in Leeds, Yorkshire.
The company’s new 18,500 sq ft, £2.5million centre has space for 300 desks and is expected to rapidly reach almost full occupancy, reflecting the strong demand for good quality, modern serviced office space from the 18,000 businesses that operate in London’s densely populated Square Mile financial district.
Charlie Cudworth, managing director of Prospect Business Centres, said: “With 90% occupancy rates across our portfolio of business centres in the City, the high quality, flexible serviced office accommodation that we provide is perfect for both small organisations and larger outfits.
“We invest a great deal in our creative approach to refurbish tired, old buildings to an extremely high standard to create a fresh and modern environment that people want to work in.”
As with all Prospect Business Centres the offices at Monument are flexible and stylishly refurbished with break out areas, kitchens on every floor, showers and bike storage.
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The new office scheme, which is close to the Monument – the 202 ft column designed by Sir Christopher Wren as a memorial to the Great Fire of London – and in the heart of London’s financial district, features six floors of office space suitable for single occupiers of up to 300 staff. It can also can be subdivided into smaller units for as few as four office workers.
Cudworth added: “It’s fantastic that in such a competitive market place we have been able to open a fifth business centre right in the heart of the capital, and we hope to build on this with three further London office centres planned in 2017 alone.”
Prospect Business Centres started operating in the capital in 2012, and currently provides over 2000 desks for over 150 businesses. If their plans for further expansion in 2017 are realised this would make them one of the largest independent serviced business centre operators in London.