Serviced offices in science park prove popular

In order for organisations to function properly, it is important that they have access to the most appropriate working environments. Thankfully, there are now many serviced and managed offices for firms to choose from, meaning they should not struggle to find the perfect arrangements for them.

One development that has been proving popular among enterprises is the Bristol & Bath Science Park, which is described by its leaders as a world-class environment for science and technology businesses to accelerate their growth.

It seems as though companies have been impressed by the potential of the commercial real estate, with three-quarters of the available desks being snapped up in less than six months. In total, 14 different organisations are now occupying 78 of a total 103 desk on the ground floor of the first building. Plans are now being developed for the top floor to be fitted out.

Among the firms that have moved in are life sciences company Apitope, patent law specialists BPE Solicitors and fund manager YFM Equity Partners.

One of the reasons why the Bristol office space has proved to be a hit among firms is the fact that it has high-quality facilities and offers flexibility in terms of growth. Its chief executive Bonnie Dean said: “We are very encouraged by the rapid take-up of space in the Innovation Centre and by the collaborative community that is developing between the companies.

“We opened in very tough economic conditions but already revenue is twice what was predicted for this stage.”

She added: “Our first tenants represent exactly the mix we are working to achieve, balancing scientific research and academia with professional services and investment opportunities.”

Ms Dean went on to say that the centre is now receiving enquiries from enterprises seeking a range of larger offices and mixed serviced offices in Bristol.

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