BizSpace, the largest provider of flexible workspace with offices and workshops across the UK, has acquired a new business centre for £6.5 million, providing flexible, affordable workspace in Hemel Hempstead.
Investing more than £1m into the property, the site will offer a total of 50,000 sq ft of business space, providing a modern business environment for the region’s small businesses and entrepreneurs.
With serviced office space on the ground floor and flexible work space on the top floor, together with an onsite café, car park and newly refurbished reception area, the office space is ideally suited for a range of SMEs in the local area.
Located in an established commercial centre in Hertfordshire, the site has a variety of amenities nearby including an Aldi, Starbucks, Nuffield Health Gym and Travelodge/Holiday Inn.
The property is situated near to the town centre and the M1 motorway, with a well-serviced regular train line running between Hemel Hempstead railway station and London Euston in 26 minutes.
This latest acquisition brings BizSpace’s total number of sites in the South to 10, providing the local working community with much-needed modern business facilities and enabling the region’s entrepreneurs and SMEs to thrive.
Emma Long, Commercial Director at BizSpace, commented: “We are delighted to announce our latest acquisition in Hemel Hempstead, adding to our ever-growing portfolio across the South. With a shortage of flexible workspace in the region, we will be providing small businesses operating within the area with a much-needed business centre providing the first-rate facilities that they deserve.”
“Hemel Hempstead is an excellent location for a business centre as the town benefits from great transport links, facilities and beautiful surroundings. It’s fantastic that organisations such as Hemel Hempstead Business Ambassadors in partnership with the local council work to support the area’s small businesses. We look forward to also helping to provide the necessary guidance and support for the local working community.”
