Leading business centre BusinessLodge has reported a surge in enquiries from businesses that are opting to move out of the city centre and relocate more locally.
The flex-space provider, with sites in Bury and Stoke, reports that in the wake of the Coronavirus pandemic, more and more organisations are rethinking their model, and relocation has become a crucial factor in strategic decision making.
Managing Director Kate Holt explains more:
“In the early days of the coronavirus crisis, we saw a surge in budding entrepreneurs setting up their own businesses and taking advantage of our Virtual Office facilities.
“More recently, we’ve had lots of interest from larger businesses who are based in City centres and are now looking to relocate closer to home, in centres like BusinessLodge.”
Kate believes that there are several factors that play a key role in businesses choosing to step away from city centre office blocks and relocate more locally – with travel being top of the list.
Many businesses traditionally choose offices based on their proximity to train stations and airports with public transport deemed a practical, economical and environmentally friendly way to travel.
“Post-lockdown, public transport is no longer as appealing as it once was. We’ve all seen the images of packed buses and trains, where compulsory face coverings are now the norm – and quite understandably, people are reluctant to take this option unless it is absolutely avoidable. While driving remains an option, city centre parking can be upwards of £25 a day for those who want to use their car – which can amount to a whopping £2,500 a year.”
Another key factor in the shift towards local offices is the reduction in commuting time. By basing the business closer to where employees live, travel time is cut right down, freeing up several hours a week that people can use more effectively, from spending time with family and friends to working out in on-site gyms. The research shows that this results in a happier, more productive workforce.
In addition, keeping local affords more opportunities to walk and cycle to work, healthier for both people and the environment.
“Times are uncertain, there is no doubt about that. Yet many businesses who are currently based in the city centre who are considering a move have their hands tied. This can be particularly difficult for organisations who have been forced to downsize their workforce over recent months. There is also the uncertainty of a relocation at this time and so a more flexible tenancy agreement can be extremely useful.”
BusinessLodge has an enviable reputation for providing top-end office facilities combined with exceptional customer service and a true community feel. It’s four unique buildings offer a development of high spec, contemporary serviced offices with a free gym, catering facilities and ample on-site car parking, and it easily accessible for commuters in both Stoke and Bury.
Kate Holts concludes:
“There’s no dispute that the world of work has changed beyond recognition over the past few months. Many businesses have suffered while others have thrived, and we are experiencing uncertainty like never before. At BusinessLodge, it’s at our very core to #lovewhereyouwork and as the current crisis unfold, we’re also finding that more and more businesses are choosing to #lovelocal – which is great news for Bury and Stoke and the local economy”.