UBCUK operates flexible, fully serviced workspace over two floors at The Mille, a prominent office building at 1000 Great West Road in Brentford, West London.
Having secured a new 10-year lease with building landlord McKay Securities, UBC will now undergo a full refurbishment of its flexible workspace, totalling £1.3million, including the introduction of bespoke coworking space.
As part of the refurbishment, UBC will take a new floor (Floor 1) which is due for completion in April 2018. This level, plus UBC's existing second floor, will undergo a complete refit over the next 6 months.
The renovation will transform UBC's existing business centre at The Mille, which it has operated at a high occupancy level since 2012, into a high quality, contemporary business environment with beautifully designed private offices, collaborative workspace and market-leading IT connectivity.
Research studies such as Cushman & Wakefield's coworking report (January 2018) show that demand for UK flexible workspace is continuing to grow in regional areas. Outlying London areas and Greater London boroughs, such as Hounslow, offer a prime opportunity for business owners to reduce the soaring cost of city centre workspace and attract talent through shorter and more affordable commutes.
UBC's investment in The Mille reflects its commitment to this thriving region. The renovation will produce a high-quality business centre with professional on-site management support that caters to the diverse workspace needs of today's entrepreneurial community.
Upon completion in August 2018, The Mille will provide:
UBCUK managing director Richard Johnson said: "We are delighted to have secured a long-term lease at The Mille for a further ten-year term. This commitment represents a significant investment to UBC and the building is an important part of the UBC serviced office portfolio.
"Our Brentford flexible workspace offering has always been in demand, but recent improvements in the building have certainly helped raise our profile here and we are very much looking forward to delivering our brand new premium quality space."
The Mille is located in a highly prominent position on the south side of the elevated section of the M4 motorway, along Brentford's 'Golden Mile'. It is adjacent to the GlaxoSmithKline headquarters and is opposite the University of West London.
UBCUK has been providing flexible serviced offices to small businesses, independent professionals and corporate teams since 2007.