Business leaders visit new £5.5m scheme in Warwick

Business leaders have heralded the arrival of a new £5.5m flexible business unit scheme in Warwick as an opportunity to support entrepreneurial growth in the region.

Space Business Centre Warwick, which has been developed by AC Lloyd Commercial on the final plot at the 132-acre Tachbrook Park, is already at 30 per cent occupancy, with business owners snapping up units, often, as their first official premises.

Cllr Andrew Day from Warwick District Council was joined by Warwickshire County Council's Portfolio Holder for Economy Cllr Martin Watson and representatives from the Coventry and Warwickshire Growth Hub and Coventry City Council to tour the site, and offer advice to some of the entrepreneurs who have moved in.

The 35,000 sq ft site is comprised of 61 units ranging from 285 sq ft to 840 sq ft, with two facilities blocks containing a kitchen, toilets and shower room, as well as allocated parking, 12 electric car charging points, solar panels on some of the roofs and a cycle shelter.

Cllr Andrew Day said: “Space Warwick has huge potential to support a pipeline of new businesses by helping local business owners move out of their home and make the most of the business landscape here in Warwickshire.

“It is a fantastic venue to suit a range of purposes, and the initial reactions I’ve heard after speaking to some of the tenants have been very encouraging.”

Cllr Martin Watson, portfolio holder for economy with Warwickshire County Council, said: "This comes around the time that we are launching the Property and Infrastructure Fund (the third strand of the Warwickshire Recovery and Investment Fund) and is a further demonstration of our commitment to supporting businesses to find suitable premises from which to prosper, and for successful business communities to thrive."

Gary Thyeson, Operations Manager at the CW Growth Hub, said: “At Space Warwick there is a great opportunity for people in the area to grow their business or start a new enterprise.

“The site is in an ideal location to create a thriving business community in the heart of Warwickshire, while the support available across the region will only help to increase that potential.”

Tachbrook Park has been developed by AC Lloyd Commercial continuously over the last 30 years.

The Warwick-based property company also operates Space Business Centres in Gloucester and Cheltenham, which are regularly at capacity with an ever-changing roster of local-businesses.

Mark Edwards, Managing Director of AC Lloyd Commercial, said: “The initial reaction and interest in Space Warwick has been extremely promising, and there have already been lots of opportunities for collaboration and support.

“It was fantastic to take this opportunity to connect some of our first tenants with key figures from across the region, and we are looking forward to seeing the results of this entrepreneurial spirit in the coming months and years.”

For more information visit www.spacebcwarwick.com

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Without the Growth Hubs help and assistance, we would never have been able to increase our sales & output and also grow our local business. With this help in purchasing new equipment we have expanded our operations and gained a new and increased customer base.

Nuneaton Roof Truss,

Over the past few years, Armstrongs has built up a fantastic relationship with Gary Thyeson from the Growth Hub. His advice on grants and funding has been really valuable to both Armstrongs and some of our clients. His knowledge of local business support has been helpful in signposting us to relevant support agencies as required. We look forward to working with Laura Delahunty moving forwards.

Armstrongs Accountancy LTD,

In the short time since first engaging with the Warwickshire Growth Hub we feel that Laura has understood our vision and has been so very supportive in linking us to the specialist teams who are now supporting us with training, finance and recruitment. A great service that every growing organisation should connect with

MES Systems Limited,

I have had an excellent experience working with Laura from the Growth Hub, from day one, she was taking detailed attention to my concerns and ideas. She was able to put me in contact with different organisations and people to find out answers to my questions and help me to solve some inquiries I was having. I feel this support definitely had a positive impact in my plans.

PALACIOS LTD,

It’s been a fantastic inaugural eight months for the TalentTech Recruitment team and, although the reality of setting up and running a company can be a somewhat daunting experience, we have been extremely grateful for the superb help, advice and guidance given to us along our journey by Gavin Barnett and the team at CW Growth Hub. Gavin’s introductions to both Warwick & Coventry Universities and his wider business network have been absolutely invaluable.

TalentTech Recruitment LTD,

For many individuals out there, it is very hard to figure out ways and know which direction to go when it comes to setting up a business. The challenges of taking your idea and bringing it to life and not knowing where to go and who to speak to for advice. it can get very frustrating..

King of Saffron LTD,

This grant [which we received with the help of the Growth Hub and Coventry City Council] will really help us get on track for business growth and succeed with our vision. Personally, I would also like to thank the team for supporting me through the grant application process. You have been very approachable and attentive throughout.

Exeter Analytical (UK) Limited,

Thank you for the comprehensive and professional guidance

Burbidge & Son Ltd,

Over the years since the Growth Hub was set up we have habitually gone to our Account Manager as a one-stop shop for all business-related information. It has been a really convenient way of finding suppliers, advisors and, on one occasion, we even asked for assistance with finding customers. We are invited to a wide range of business events including business development workshops, Brexit roundtable discussions, seminars on various topics and have also been asked to speak at some events. When we have needed additional information, for example, finding finance sources or help with selecti

Marchantcain Design Limited,

Thanks to CW Growth hub getting us access to grant funding we have been able to invest in the latest computer monitoring system, which will enable us to compete with the national companies within our industry.

Comrie Leisure Limited,