Citibase Prepares For Elizabeth Line Boost With The Opening Of A New Flexible Office Hub In Slough

Citibase, The Property Manager for the New Economy, is meeting the soaring levels of demand for flexible work space in the Thames Valley area with its latest vibrant new office hub in the heart of Slough. The centre has potential to provide almost 13,000 sq ft of flexible and affordable fully serviced office space, housing up to 220 SMEs, entrepreneurs, start-ups and larger corporates.

Citibase Slough is located in the landmark Urban Building, moments from the town centre. With a modern reception and contemporary café on the ground floor, the centre is flooded with natural light. Its stylishly designed interiors offer an inspiring and collaborative workplace environment with unique features such as ‘urban beach hut’ meeting rooms and exposed metal floors. Reflecting the recent increase in demand for open, collaborative working, Citibase will offer both areas for co-working as well as self-contained office suites.

Slough is Citibase’s ninth new business centre launch in the past 12 months, reflecting a hunger from the UK business community for its flexible, fully serviced offices. It is the company’s third centre in the Thames Valley area, following last month’s opening of the new Citibase High Wycombe, and Citibase Reading, which is housed in the stunning, Grade II listed Wyvols Court set in landscaped grounds in the heart of the Berkshire countryside just south of Reading.

The centre’s launch is reflective of Slough’s status as one of the country’s premier business districts, having been named the best place to live and work in the UK last year. Regeneration worth £1 billion over the next 25 years has attracted a huge amount of businesses and lucrative investments to an area that already boasts international names such as O2, Unilever, KP Snacks, McAfee and Ferrari.

The town’s excellent transport links are also a major draw, with London Paddington accessible in just 19 minutes. Next year’s opening of the Elizabeth Line (Crossrail) will also play a huge role in the continual transformation of the area, offering services to Bond Street in just over 30 minutes. Heathrow Airport T5 is also just seven miles and 15 minutes away.

Citibase CEO Steve Jude, comments: “Citibase Slough is the latest example of a client awarding us a management contract to transform part of their building into a thriving hub of start-ups, SMEs and entrepreneurs as well as larger corporates. This time we have done so in partnership with one of the UK’s biggest property funds, who decided to set aside dedicated space in their building specifically for a flexible office operator. Citibase Slough will introduce a vibrant and diverse mix of occupiers to the building, which is exactly what the owner desired when they appointed us, delivering them a regular income stream as a result.

“Flexibility and agility are now top priorities for businesses both large and small. This is clear in the results of our recent exclusive Citibase Business Confidence Index, which revealed a massive 72% of the over 1,000 SMEs surveyed telling us that they wanted short-term office contracts of under three years. This is not a trend that shows any signs of slowing, with CBRE reporting recently that 64% of occupiers expect to expand in flexible office space over the next three years.”

As with Citibase’s other business centres throughout the UK, Citibase Slough offers flexible, short term and affordable contracts. As well as co-working areas, suites are offered in various sizes, from one person to much larger spaces, making it ideal for businesses at every stage of their development and appealing to SMEs who are often deterred by long term office contracts. Customers will also benefit from superfast internet, use of smart meeting room facilities, 24/7 access, personalised call handling, and friendly reception and business support services from specialist Concierge teams.

• Citibase Slough is situated at The Urban Building, 3 – 9 Albert Street, Slough, SL1 2BE.
• Citibase High Wycombe is situated at Swan House, White Hart Street, High Wycombe, HP11 2HL.
• Citibase Reading is situated at Wyvols Court, Swallowfield, Reading, Berkshire RG7 1WY.
  
  For more information visit www.citibase.com
  

Notes to editor:

Citibase offers fully serviced business centres for cost-conscious SMEs almost 40 locations nationwide. Their unique disruptive business model brings together both clients and customers. Over the last 25 years they have been commissioned by some of the largest and smallest names in the UK property market to help execute a plan for their under-utilised office space.

They provide solutions to property owners, by taking over the management of the building, allowing building owners to generate a cash income from secondary office space with minimum stress whilst providing SME customers with cost-effective office solutions.

Citibase also offers building owners with short-term voids a smart way of enjoying the hassle-free cash which only Citibase can generate by launching one of their unique pop-up business centres. It’s easy-in and easy-out, and Citibase will manage the entire process.

Citibase concentrates on town and city centre locations. Founded in 1993, the business has at its heart the ‘Freedom at Work’ philosophy; a deep-routed commitment to support and nurture cost-conscious SMEs whether they are setting out for the first time or taking bigger steps on the path to growth. Being in a Citibase centre gives SMEs the independence to be freed from expensive rents and rates, inflexible terms, service charges, hidden costs and corporate restrictions. By taking the stress of running a building off business’s hands, Citibase allows SMEs to focus on growing a successful business.
For more information on Citibase visit www.citibase.com.