Newcastle Offices at Cobalt Park

Offices at Cobalt Park

Cobalt Park is a large-scale office park and the largest of its kind in the United Kingdom. Preparation for this project began in 1996 and construction work started 2 years later. The project was completed in 2002 thanks to the joint effort of local developer Highbridge Properties, engineering firm Cundall, and Ryder Architecture.

This office development is located in a strategic location within easy reach of major roads like the A1 and A19, and was created with a focus on flexibility, so that space available would be able to accommodate future expansion. Cobalt Park was built in a designated Enterprise Zone, created to promote economic growth while offering financial incentives to developers and occupiers.

The development exceeded all expectations in terms of what it could represent to the local economy and business community. At the time it was built, estimates suggested it could help create 5,000 jobs, a significant number in the North East. However, by 2016 the park provided more than 14,000 jobs and that figure is expected to reach or even exceed 20,000 in years to come.

Overall, this has been an extremely successful project that has contributed to the revitalisation of an area traditionally affected by high unemployment levels. Cobalt Park was given an Excellent BREEAM rating in recognition of the project’s sustainability performance, and has received several awards, such as Best Large Commercial Building and Best Commercial Workplace, as well as being a finalist for multiple North Tyneside Business Awards.

Cobalt Park Office Space

Cobalt Park is a 250 acre site with nearly 30 buildings and 2 million square feet developed for commercial and office use. Office space at Cobalt Park is suitable for businesses of all sizes, since office plates range from 5,000 to 250,000 square feet.

Offices at Cobalt Park are in high demand and have high occupancy levels of nearly 90 per cent. All units are built in open plan style and fully DDA compliant. Virtual offices are also offered by some of the occupiers at Cobalt Park. Those looking for flexibility in their leases also catered to at Cobalt Park, since short term office accommodation is available under flexible terms. Serviced offices and meeting rooms equipped with top of the range IT and telecommunications infrastructure are also on offer.

Amenities

Amenities at Cobalt Park include a day nursery, a clinic, a four-star hotel and leisure club with business meeting facilities, and a biodiversity park covering 39 acres. Parking space is provided free of charge, with a parking ratio of 1 space for every 23 square metres.

Apart from the on-site amenities, the park is conveniently located near supermarkets, medical facilities, restaurants, cinemas, golf courses, and recreational landmarks. Cobalt Park was designed to be not just a place to work, but also a community, so there is a full calendar of events and activities ranging from nature walks to massage, netball tournaments, evening courses.

Key Occupiers

Thanks to its privileged location and high quality space, Cobalt Park has attracted a large number of corporate occupiers, which make the bulk of the park’s tenant base. Some of the largest and most well known occupiers include Accenture, Santander, Newcastle Building Society, Leeds Building Society, Procter & Gamble, IBM, Siemens, Barnardo’s, North Tyneside Council, and Jaguar.

Offers and Discounts

Cobalt Park staff enjoy benefits afforded by MoreCard, which gives access to deals on leisure and entertainment, and discounts on services ranging from car servicing to gym membership and including public transport, food and drink, holidays and travel.

Cobalt Park Location

The park’s full address is:
Cobalt Park
4 Silver Fox Way
Newcastle upon Tyne NE27 0QJ

The management office phone number is 0191 257 6457
Email: enquiries@cobaltpark.co.uk
Cobalt Park’s management office is open from Monday to Friday from 8 a.m. to 5 p.m.

Getting to Cobalt Park

Distance to Newcastle city centre is only 8 miles. Newcastle airport is only slightly further away at 15 miles, approximately a 15-minute drive from the park. The nearest light rail station is Northumberland Park, located approximately 1 mile away, and there is a shuttle bus connects the park with the station. Moreover, there are 10 bus lines that directly connect the park with the city centre and with nearby urban centres like Gateshead, South Shields, and Tynemouth. In total, the park is served by approximately 30 buses per hour. Access by bicycle is also possible, since the park is located along a designated bike route, the North Tyneside Waggonway Cycle Network.

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Luton Offices at Butterfield Business Park

Office Space in Luton at Butterfield Business Park

Butterfield Business Park is an office development built in 2007 and developed in the Butterfield Green area of Luton. The park has a total area of 90 acres total and commercial space amounts to 250,000 square feet. The park was created to boost the local economy, capitalising on Luton’s strategic location near an international airport and major distribution and logistics hubs, as well as to offer business owners high-quality and bespoke commercial real estate.

The park was developed by Henry Boot Developers and its current agents are Cushman & Wakefield and Lambert Smith Hampton. Following its completion in 2007, a second phase of development started in 2015, and in 2019 45 acres were still to be developed. As of early 2019, Butterfield Business park was home to an innovation centre, a research and development facility occupying 100,000 square feet, the Office Business Village, and a three star hotel.

The project has been so successful that further expansion is planned. Planning approval was granted in 2018 and work started in early 2019. The project’s completion date was set for the autumn of 2019, when a further 83,000 square feet of commercial space are expected to be added to the park’s current stock. Within the expansion plans is also the delivery of more than 600,000 square feet of space for employment purposes on a design and build basis. Once fully developed, Butterfield Business Park is expected to have 1 million square feet of space, becoming the largest development of its kind in the area.

Amenities

Amenities at Butterfield Business Park include car parking space, an EV charging station, an on-site cafe in the section of the park devoted to office space, and a Hilton Garden Inn hotel, equipped with 157 bedrooms and business facilities, including ten meeting rooms and conferencing facilities for up to 250 people.

Commercial Real Estate

Commercial real estate space at Butterfield Business Park consists of a mix of industrial, distribution, and warehousing units. Unit sizes range from 15,000 square feet to 100,000 square feet. Space is let on both freehold and leasehold basis, and design and build office space will be available starting in autumn 2019.

Existing office space is offered at The Village and at Basepoint Business Centre, which have high-quality office units ranging from 834 square feet to more than 18,000 square feet. Self-contained office units of up to 12,000 square feet are also available. At the time of writing, a total of seven two-storey buildings were allocated to office space, many of which offered campus-style office accommodation.

Office Space Specifications Include:

- Full access raised doors
- Full height glazing
- Automated windows
- Environmentally friendly eating and cooling systems
- An Excellent BREAAM rating
- Bike shelters
- DDA compliant space
- Fibre optic-enabled
- Shower facilities

Industrial Space Specifications Include:

- Single bay portal frames
- 24-hour access
- Allocated parking
- First floor ancillary offices
- Bicycle racks
- Clear internal height of 6  8 metres
- The option to merge, combine or divide units if larger floors required
- A Good BREAAM rating

Key Occupiers

The largest occupiers based at Butterfield Business Park are Eaton R&D, Luton Basepoint Business Centres, McCann Erickson, The University of Bedfordshire, Fuji Sonosite, Total Oil, Royal Bank of Scotland, Vauxhall, TUI, EasyJet, and Hayward Tyler.

Butterfield Business Park Location

Butterfield Business Park’s address is:

Butterfield Business Park
LU2 8DL
Luton
Bedfordshire

Getting to Butterfield Business Park by Road:

Butterfield Business park sits on the A505 road near the Lilley intersection. The M1 road is approximately 5 miles away, and the A1 is also easily accessible to the A1, as is the M25, located 10 miles away. Distance to Luton town centre is 4 miles, and distance to Luton airport is 4.5 miles. The park is within a 1.5-hour drive from every London airport.

Getting to Butterfield Business Park Using Public Transport:

The nearest train station is Luton Parkway, located 4 miles south of the park. The station is on the railway line that connects Luton with London, Gatwick airport, Brighton, and several cities in the East Midlands. The park is also served by city bus services that stop right outside the main entrance and link the park with Luton, Hemel Hampstead, and Stevenage.

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Wembley Office Space at East Lane Business Park

Office Space at East Lane Business Park

East Lane Business Park is a commercial real estate development located in Wembley, London. The site has been developed to a total size of 36 acres and consists of multi-purpose industrial, warehousing, and storage units.

Nearby amenities include supermarkets, petrol stations (the nearest one being only a couple minutes’ drive away on East Lane), bakeries, and restaurants.

Along Preston Road there are medical centres and pharmacies, but the largest commercial area within close proximity of the park is in Wembley Central, which is 1.5 miles to the south of this business park.

Commercial space at the park is available on a variety of terms, from short lets to conventional long leases including flexible rental agreements.

Space For Rent At East Lane Business Park

Several types of commercial real estate are available at East Lane Business Park.

Warehouse units usually range size from 2,000 to 3,000 square feet, but larger units are also available. Average annual rental rates for warehouse space go just over £30,000 for a medium-size unit to more than £83,000 for warehouse units of 10,000 square feet. This type of space features amenities and facilities including side doors, roller shutter access, dedicated loading bays, office space, bathrooms, parking space, and 24/7 security. Units are accessible around the clock.

Office space is also part of the commercial real estate offer at East Lane Business Park. Office plates go from 150 square feet to over 2,5000 square feet and are available in low-rise buildings located in a gated area. Secure storage space is also available, as are on-site containers with capacities ranging from 20 to 40 feet.

Main Commercial Tenants

Occupiers of industrial and commercial premises range from uniform retailers to hairdressers, and include computer parts suppliers, wholesale food distributors, glass and mirror shops, auto repair and maintenance services. As for occupiers of office space, they are mostly small businesses involved in the professional services sector, such as legal firms, graphic designers, sign writing and vehicle graphics companies, and travel agents.

Location

The park’s full address is:

East Lane Business Park
Lumen Road
Wembley HA9 7RE
London

Getting to East Lane Business Park Using Public Transport:

The park is located half way between 2 London Underground stations. North Wembley station is just under half a mile away to the south of the park, and South Kenton station is 1.5 miles north of the park. Both stations are on the Bakerloo line, which connects the park with South London and Harrow, stopping at major stations like Charing Cross (for trains to Dartford, Hastings, Sevenoaks, and Dover), Piccadilly Circus, Waterloo (for trains to the South East), and Paddington (which has rail connections to Heathrow airport and several cities in Berkshire). Both stations also serve National Rail trains and are a stop for London Overground services. There is also a Metropolitan Line station 1.5 miles away (Preston Road station), which offers links with The City of London, Watford, and with suburban locations along the M25.

Getting to East Lane Business Park by Road:

East Lane Business Park is located approximately 3 miles away from the A406 road, also known as North Circular Road, which offers access to the M4, M1, A1, and M11 roads, among many others. Distance to central London is approximately 10 miles, and distance to Heathrow airport is 20 miles.

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The Enterprise Economy: The UK’s Best Cities for Business (Infographic)

If you’re a budding entrepreneur, you’ll undoubtedly have a huge number of strategic decisions to deal with. Should you hire staff yet? What’s your marketing strategy and how are you going to get your product out there? How can you make sure your business continues to prosper for years to come?

Another decision that could matter more than you think is choosing the best location for your business. Although London offices might seem like the go-to choice for tech and digital businesses, research has shown only 50% of high growth startups survive after 3 years in the capital. With this in mind, it’s almost certainly worth casting your net further afield and exploring different cities around the UK. Other cities offer better survival rates for new businesses, and are becoming thriving centres for business in their own right – just think of the so-called Northern Powerhouse!

To help you become better informed about business prospects in cities all around the country, Total Processing have compiled all the essential data you need. Using data from The National Office for Statistics, they’ve put together the following map which looks at business activity growth in regions across the UK, from Aberdeen all the way to the English South Coast.  They’ve also collated data on business survival rates in all of these cities, so you can see where new enterprises struggle the most (and where they thrive!)

So, if you’re looking to find the best location to rent an office, make sure to check out the infographic below!

Birmingham Business Park

Birmingham Business Park is a 17-acre development located within easy reach of Birmingham International Airport and 12 miles east of the city centre. This site is owned by Canmoor Asset Management and Black Rock and is currently the place of employment of over 7,000 people.

Office space at Birmingham Business Park features a mix of conventional and flexible space arrangements, and is split over 300 buildings, although this figure is likely to increase in the future, as additional office developments eventually come to completion. All in all, there are 2.4 million square feet with planning consent at the park, and nearly 400,000 of those have been earmarked for future commercial / mixed-use development.

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Quorum Business Park

Quorum Business Park is a large commercial property development located 4.5 miles north of Newcastle city centre. The park has been built on what was the North Tyneside Enterprise Zone until 2006. The site itself contains over 1 million square feet of commercial space (suitable for both office and retail), and is surrounded by nearly 50 acres of parklands. At the time of writing, there were 16 office buildings at the park, 7 of which were fully let. The remaining buildings offer office accommodation ranging from 500 to 104,000 square feet. Moreover, building Q16 offers office space on a per-desk basis.

In 2009 – 2010, a number of large companies began to move in, and to this date park tenants benefit from special incentives and support, such as the North East Investment Fund, North East Access to Finance, and the North East SME Innovation Programme. Quorum has also attracted an international pool of talent, as staff working at the park come from 65 countries.

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Top Five TED Talks For Business Entrepreneurs

Success is the ultimate aspiration of business owners and entrepreneurs. But what exactly does it take to succeed in today’s competitive business environment? While there is no single recipe for success, the TED talks listed below can help you position yourself on the right track.

1. How To Get Your Ideas To Spread (by Seth Godin)

Seth Godin’s entrepreneurial credentials are strongly established, as he is widely acknowledged as a marketing guru. Godin is qualified to speak on the relationship between entrepreneurship and marketing, and in this talk he challenges conventional wisdom by affirming that it is not always the best ideas that are successful, but rather the most widely spread ones. He suggests that mass marketing is not suited to the needs of modern consumers and entrepreneurs should instead target audiences that care about a product or idea. Godin then offers some real-life examples of how successful entrepreneurs spread their ideas among the right audience.

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Creative Workspaces In Birmingham

With a combined GVA of nearly £700 million, there is no doubt that the creative sector is one of Birmingham’s economic pillars. In only six years, the local creative industry has gone from employing 20,000 people to providing more than 34,000 jobs, and the number of creative businesses in the city has grown from 3,400 in 2010 to nearly 6,000 in 2016. Such a booming industry needs suitable space, which is readily available at some of the top creative workspaces listed below.

1. The Old Print Works

The Old Print Works is located in a heritage building just a short drive away from Birmingham city centre. This is a space that markets itself as being ideal for makers, designers, creators, artists, and anyone interested in developing creative and sustainable solutions for the local community. There are 40 creative work units and studios for rent at The Old Print Works, which also include access to five different communal areas (including a lunch room, courtyard, garden), where creative professionals can mingle and network. The Old Print Works also offers affordable co-working space at The Transfer, where daily, weekly, and monthly memberships are available.

2. Assay Studios

With a central location in the heart of Birmingham’s Jewellery Quarter, Assay Studios is often regarded as one of the most innovative workspaces in the city. The studios are located in a Grade II building and have been recently renovated and redecorated to include a mix of new and old fixtures and fittings. The redevelopment project has been successful enough to attract high-growth creative companies like Deliveroo, Green Room Detail, Grayling, and Emerald Technologies. Facilities include a fully equipped kitchen, showers, break and meeting rooms, and bike storage.

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The Cost of Renting Office Space In Edinburgh

Edinburgh has a thriving economy whose diversity and scope for growth attracts FTSE 100 companies and other large firms mainly in banking, insurance, finance, media, and technology. Since all these are office-based industry sectors, the demand for office space in the city is robust, and in fact Edinburgh is one of the six most important commercial property markets outside London. But how does demand affect office rental values in this Scottish city? Read on to find out.

Trends Affecting Office Rental Prices In Edinburgh

The TMT sector has recently become the most important forces driving the growth of the local office market. During the first three months of 2017, this sector accounted for nearly 33 per cent of all office take-up in the city. Education is another key occupier of office space in the city, mainly due to the presence of four prestigious universities.

With increasing demand from high-growth sectors comes diminishing availability, so scarcity may become drive office rental prices up within the next couple of years. Moreover, a considerable amount of lease expires in the 2017-2018 period is likely to cause spike in average rents. While rental increases are not expected to be too drastic, they may exceed the £35 / square foot mark by the end of 2017.

Edinburgh Office Prices By Area

According to researchers at Knight Frank, headline office rents across the city average £33 / square foot. Incentives like rent-free period of 18 months for 10 year leases are common, which brings the net effective rental value down to £28 / square foot.

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London Office Market Trends – First Quarter 2017

The London office market started the year marked by uncertainty and expectation about how the economic and political developments of 2016 would play out in the medium term. In this article we look at the key figures and trends that have defined the market during the first three months of the year.

London Office Market Q1 2017: Facts and Figures

The most important transaction during the first quarter of the year was the 15-year lease of floors 1 to 7 of 21 Lime Street. This deal is also worth mentioning as it seems to buck the current trend of insurance companies moving out of the City, where vacancy rates increased to 5.7 per cent. This increase can be accounted for by the growing number of occupiers who are now relocating to other areas, mainly the Docklands and Southbank, where construction activity is reaching record levels having experienced year-on-year increases of over 660 per cent.

Take-up rates increased monthly during the first quarter of the year, reaching a maximum index of 1 million square feet in February. This figure represents a 92 per cent increase over the previous quarter.

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