Dubbed one of the most iconic cities in Britain, Newcastle is a well-sought-out location with plenty to offer. Not only is it vibrant, arty and well-connected, but it’s now an up-and-coming place for businesses to call home.
Why? Well, Newcastle plays host to many universities and colleges, all producing a steady stream of talented graduates hungry for work.
The city also has a highly-skilled workforce making waves in the technology, digital and manufacturing sectors, meaning there’s a thriving business community for you to join.
So, you won’t be surprised to learn there’s a range of professional, flexible workspaces for the taking.
These workspaces differ from your traditional, long-term office leases, as they offer minimum terms and all-inclusive rents — making them widely popular with C-level executives looking to save money on office rent.
But what exactly is ‘flexible office space’? Why is it considered a cheaper alternative to traditional office space? And where might I find the best selection in Newcastle?
Those are all great questions, and below, Hubble answers them all.
- What is ‘flexible office space’?
- What facilities are included?
- What are some of the cost benefits?
- Where can I find a serviced office near me?
- How Hubble can help
What is ‘flexible office space?’
So, what exactly is ‘flexible office space’? Simply put, flexible office space refers to workspaces that are rented on flexible terms. These typically involve short-term contracts and memberships starting anywhere from as little as one month.
The workspaces that fall under the ‘flexible office space’ umbrella vary, but the main types you want to look out for are coworking spaces, hot and fixed desks and finally, serviced offices.
Serviced offices are one of the most popular types of flex space. These are private office spaces that are managed entirely by a separate company: the workspace provider.
They package everything from your utilities, bills and rent into one monthly fee, making it easy to forecast your finances and plan for the future.
What facilities are included?
So, what’s so convenient about renting serviced office space? Well, firstly, everything is set up and ready to go from the day you move in.
Yep, this means all your furniture, utilities and general maintenance are managed entirely on your behalf. Need to replace the coffee machine? The staff will handle that. Wondering what broadband provider will give you the fastest and most reliable WiFi? No need; it’s already sorted for you.
Secondly, serviced offices are designed to give the workspace provider a competitive edge — which only means one thing: top-quality facilities.
This is where things get interesting. While the exact facilities on offer will vary depending on which building you opt for, you can rest assured that these facilities have been hand-picked to give you the very best working experience.
These can include:
- Rooftop terraces
- Bars and restaurants
- Wellness areas
- Bicycle storage
- Free Parking
- Shower facilities
- Event space
- Podcast studios
- Phone booths
These shared facilities are included in your monthly fee, so be on the lookout for which ones offer the facilities that’ll make all the difference to your team before you sign a contract!
What are some of the cost benefits?
Reduced overhead costs
There are a few reasons why flexible office space can reduce overhead costs. Firstly, renting a serviced office eliminates upfront costs such as furniture, equipment and other necessary amenities — unlike traditional leases.
Secondly, workspace providers — such as WeWork and Regus — takes care of all the maintenance, cleaning, and repairs, reducing the need for businesses to source their own maintenance staff.
Greater control over cash flow
As mentioned before, flexible office space offers short-term leasing options. This allows businesses to rent space for however long they need it.
It’s this that enables businesses to avoid being locked into a long-term lease, significantly reducing the chances of being weighed down by financial burdens.
Instead, businesses can ‘flex’ as their business needs change. Whether you need to upgrade, downsize or ditch your office altogether, flexible office space allows you to adapt with complete ease.
No need to invest in facilities
With flexible office space, there’s no need to invest in facilities like internet or phone systems. It’s already sorted for you.
And depending on which workspace you opt for, you won’t have to pay extra to book an event space or podcast studio; it’s already available for your team to use. You’d just need to book in advance!
You only pay for the space you need
You won’t experience ‘empty desk syndrome‘ when you rent a serviced office. This is where businesses fork out on a larger office space that doesn’t get used, burning a deep hole in businesses’ pockets.
But with flexible office space rental, you’ll only ever pay for the space you need. You choose exactly how much desk space you need, and for the duration you need it.
And to make things even more cost-effective, flexible office space comes with plenty of communal workspaces. This means you can opt for even fewer desks but still ensure your team have plenty of places to work from if more employees decide to come in — thanks to meeting rooms, breakout spaces, coworking areas and kitchens!
Looking to decrease your office footprint, but not exactly sure how? Our ultimate guide has you covered. Read now!
Where can I find a serviced office near me?
Airivo – Newcastle
Located in a prominent position near Grey Street, Airivo – Newcastle provides a fantastic selection of newly-refurbished office suites in Newcastle’s vibrant city centre.
Rent a serviced office here, and you and your team can collaborate in their own private office space that comes fully equipped with desks and chairs.
Additional facilities include complimentary coffee and tea, pet-friendly access, secure bicycle storage, and more!
Located at the edge of Gateshead town and just minutes from Newcastle, Aidan House offers high-specification newly- refurbished offices with easy in-out terms.
Included in your flexible monthly membership are a bunch of top-notch facilities, but here are a few to give you an idea. We’ve got access to professional meeting rooms, on-site car parking, event space, fruit and snacks, coffee and tea and breakout space!
Riverview Serviced Offices
Riverview Serviced Offices is conveniently located on Newcastle Quayside, meaning you and your team can benefit from a picturesque riverside location that’ll undoubtedly impress clients.
But what’s it like inside the workspace? Riverview Serviced Offices provide dedicated office managers, meeting and conference rooms, and IT and support services — meaning you’ll have everything you need to feel supported throughout your day.
Additional amenities include superfast WiFi, secure bike storage, on-site parking, pet-friendly access, printing facilities, on-site parking, and much more.
Omnia Offices – The Grainger Suite
The Grainger Suite offers a fantastic coworking experience. While your team will get to connect and collaborate from the comfort of their own private office, they’ll also benefit from the building’s more expansive facilities, such as:
High-speed broadband service operates on a ‘plug and play’ basis; a range of meeting, training and conference facilities; on-site reception support services to assist with your needs; and secure bicycle storage and shower facilities to help you live and work well. What’s not to like?
Regus – Gateshead – Team Valley
Looking to join a thriving business community to network with like-minded talent? Regus’ flexible workspace could be the perfect choice for you.
Rent a serviced office by the month here, and you’ll join a growing community of over 17,000 people in The Axis Building located in Gateshead’s most successful business parks.
Step inside, and you’ll find a bright and airy contemporary space offering a comfortable business lounge, professional meeting rooms and plenty of free parking outside!
Looking for a workspace that stands out from the crowd? Just take a look at HyHub’s third quirky location: Haylofts.
Formerly the stables for Newcastle Breweries, these flexible offices are packed with character. The offices run around a cobbled courtyard where a reception office, six meeting rooms and an auditorium is nestled in the centre.
Located on St Thomas Street in Newcastle City Centre, this flexible workspace is just a 2-minute walk from Haymarket metro and bus station and Northumberland street — making it incredibly easy to find. Find out more now!
Say goodbye to drab cubicles and grey workspaces with YBN, a workspace offering sleek and stylish offices in the heart of Gateshead.
Only minutes from the Metro Centre, this state-of-the-art office centre is fully furnished and equipped with facilities that’ll give your business a competitive edge.
We’re talking meeting rooms, on-site gyms, a delicious café and even an outdoor terrace! There’s even ample parking space meaning you never have to worry about being late for work again. It’s these small things that make a massive difference.
Here’s another flexible workspace in Newcastle from the HyHubs family: Hypoint!
Just a 20-minute walk from Gateshead Interchange and Trinity square, Hypoint offers a variety of workspace to help your business thrive — from one-person offices to larger spaces for the whole team.
Some key features that make this workspace the one to watch include communal kitchens, a dog-friendly policy, on-site parking, meeting rooms, staffed reception, showers, bicycle storage and disabled access.
And if you’re a charitable organisation, Hypoint will even throw in additional discounts.
How Hubble can help
Rent by the month or longer with HubbleHQ
With 5000+ offices in London alone, HubbleHQ offers an expansive selection of flexible office space on our platform — with live availability.
A dedicated property advisor will help manage your entire search and negotiate the very best rate on your behalf. It’s also completely free for you to find your office with Hubble, meaning you can save even more money as you search.
Rent by the hour or day with the Hubble Pass
If you’re looking for even more workplace flexibility, the Hubble Pass lets you and your team book flexible workspaces by the day or hour.
These include coworking spaces, private day offices, hourly meeting rooms and event space across 1000+ worldwide (and counting!).
With the Hubble Pass, you can also request for a location to be added to our network, with our dedicated Hubble Host team sourcing and activating new locations within two weeks!