BOUTIQUE WORKPLACE COMPANY SIGNS FOR KINGSTON AND OXFORD CENTRES
Group says centres target increased desire for workers to be closer to home
The Boutique Workplace Company is to open two flexible workspace centres in Kingston-upon-Thames and Wantage in south Oxfordshire after signing a partnership agreement with a private landlord.
The group said the management agreement is part of a long-term strategy to "sign new buildings and take a share of the profit with other landlords in key London locations as well as regional sites following the recent shift of occupiers relocating closer to home".
Daniel Wheble, Chief Executive Officer of The Boutique Workplace Company, said in a statement: “In a world where flexible work patterns are increasingly becoming the norm, we are keen to look for synergies with landlords whose schemes would benefit from serviced office space, but they themselves don’t perhaps have the experience or scale of businesses to operate one. We have a ready-made stand out, design led model and brand, which is far more than just four walls. This is a joint approach from which both parties will benefit.”
The Kingston-upon-Thames workplace is set to open early Spring 2021 and will offer 230 workstations, within 13,500 sq ft at ground and part first floor level of the recently developed 40,000 sq ft “The Smith” building. Here it has a mandate to source occupiers on short-term leases or managed deals on the remaining 25,000 sq ft of the property.
The Boutique Workplace Company is also taking over the management of Boston House Business Centre at Grove Business Park in Wantage to the south west of Oxford. The property has undergone a £2.5m refurbishment and has 280 desks, co-working space, meeting rooms, a business hub, tranquil courtyard garden and free car parking.
Boutique operates 30 workplaces across London which includes its newest location opening this month at 12-18 Theobalds Road in London’s Midtown.
The Kingston owner was advised by Douglas Green and Will Kinnear.
