business centres
WE CREATE SUCCESSFUL BUSINESS CENTRES
How do we do that? By having:
• An in-depth understanding of the business centre market• Experience in all aspects of setting up and running business centres
• Targeted business plan for each unique opportunity
• Property skills: appraisal, acquisition and disposal, landlord and tenant, management of service charge
• Set-up skills: procurement, IT, conversion, marketing, management
• Delivery skills: customer care, centre management, sales and marketing, accounting, reporting
• Client/Partner: delivering on business plan to provide attractive returns
BUSINESS CENTRES OFFER:
• Fully inclusive serviced offices for 1-30+ people, furnished and ready to go• Virtual offices, which include call answering/forwarding and business address/mail forwarding
• High quality, flexible meeting and conference facilities
• Client support such as call answering and secretarial/administration services
BUSINESS CENTRES DELIVER:
• A rebranded and revitalised building
• Increased appeal to occupiers, especially SMEs – 96% of UK private businesses each employ fewer than 10 people
• Reduced letting voids through sustained high occupancy rates and spread of tenants
• A new route to traditional lettings
• Up to 100% increase in net income
• Strong capital value enhancement
• Very attractive IRR, often greater than 25%
IDEAL BUILDING & LOCATION:
• Buildings of minimum 12,000 sq ft, capable of sub-division and with good natural light• In prosperous towns and London centres
• Close to good road and rail links
• In busy locations, although not necessarily in the prime traditional office pitch
• Good parking (outside of London)
• Few competitors (outside of London)
CASE STUDIES
Mantle created and operates its own business centre at Thremhall Park, Stansted (click link to go to full case study)We have also advised several private, institutional and bank clients on all aspects of setting up and running business centres at office buildings where there are letting voids. A good example is the business centre at Riverbridge House, Leatherhead.
WE REQUIRE:
Freehold or leasehold office investments suitable for conversion in to business centres, which are:• Multi-let
• Part-let
• Vacant
