Property & Construction

Lease agreement signed as co-working operator MyWorkSpot acquires second site in Maidenhead

Published by
Peter Davison

Flexible space operator MyWorkSpot has signed a second site at York House, Maidenhead.

The whole building, comprising circa 11,000sq ft of Grade A space, has been signed on a 15-year lease from Hawk Investment Ltd.

HEWN, who were instructed by MyWorkSpot, was tasked to find a suitable site in the area following increased need and demand. HEWN negotiated terms for the whole building.

Will Kinnear, director at HEWN said: “Demand for quality flexible space has skyrocketed outside of London. We may be back to business as usual, but flexible working is here to stay with many working 2/3 days outside of HQ; but this story is the same for smaller businesses who are no longer pressured to have a Central London presence.

"MyWorkSpot is a thriving Berkshire based operator with a quality offer, supporting its members to thrive – demand from new and growth from existing clients has supported the business to expand.”

Will Ballantyne, co-founder of MyWorkSpot, said" “Clyde House, our first venture has been 100 per cent full for the last nine months, with a waiting list too – which is why we’re excited to open a second site at York House.”

“York House just three minutes walk from Maidenhead train and very soon to be Crossrail station will give us an opportunity to expand, and provide similar for our community - many of whom need space to expand.

"Our new premises will provide much needed quality private office and coworking space to Maidenhead town centre, it will be best in class too with three meeting rooms including a larger corporate boardroom, café and offices for those needing 1-25 desks.”

Guy Parkes, partner at Vail Williams, said: “On behalf of our client Hawk Investment Properties we are thrilled to welcome MyWorkSpot to York House in Maidenhead Town Centre at a time when the town is seeing massive positive investment in real estate and the provision of new retail and amenities and homes at the nearby Landings and Nicholson Quarter.

"York House is so well located for companies looking to supercharge their workspace and we will be watching with interest as the business community grows and prospers there.”

Work begins on the site this month, and it is expected to be open and operational in Summer 2022.

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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