Local SMEs to Benefit from New Rochdale Office Space Scheme
Construction has started on a 260,000 sq ft business park in Rochdale, situated in 18 acres of land a few miles north of Manchester, part of a 50:50 joint venture between Centric Property Group and Barnfield Construction.
The partnership has acquired the land and work has commenced on the first phase, which has planning permission for up to 90,000 sq ft of office space and 170,000 sq ft of industrial space.
The Crown Business Park development is expected to bring around 350 jobs to the area, and will be the first of a number of new schemes by the partnership that are all expected to reach a BREEAM rating of ‘Excellent’.
As part of the ┬ú6.2 million first phase, 20,000 sq ft of office space is expected to be completed by summer 2011.
According to the NWDA, David Malpass, Director of European Programme said:
“Located close to junction 20 of the M62, Crown Business Park will become part of the region’s portfolio of sub-regionally important employment sites.
“This development will provide much needed quality buildings to the Rochdale Market. It has the opportunity to attract SME companies from the local area, in particular those in the financial and business services sector, creating jobs and boosting the local economy.”
While the scheme will bring a new opportunity for medium sized businesses looking for conventional office space, SMEs can benefit from an existing range of serviced offices which are ideally suited to small and medium businesses, offering flexible terms, short rental agreements and inclusive packages.
According to officebroker.com statistics, serviced offices in Rochdale are currently sitting at an average of ┬ú144 per workstation per month, based on average monthly costs per person throughout 2010 to date. This is particularly beneficial for small businesses, as last year’s figures show that serviced space in Rochdale was averaging ┬ú241 per workstation – almost ┬ú100 more.