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The Business Magazine July 2024
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New £5.5 million Space Business Centre set to open in Warwickshire

The Business Magazine article image for: New £5.5 million Space Business Centre set to open in Warwickshire
2 March 2023

A new £5.5 million Space Business Centre is set to open to the public, creating dozens of opportunities for local entrepreneurs.

Space Business Centre Warwick will be fully operational from the end of February and its developer AC Lloyd is hoping it will give business owners in Warwickshire and the West Midlands more opportunities to grow their existing operations or start new ones.

The Warwick-based property company is aiming to replicate the success of its Space Business Centres in Gloucester and Cheltenham, which are regularly at capacity with an ever-changing roster of local businesses, in its home county.

Tony Hargreave, Property Asset Manager at AC Lloyd, said a host of industries from retail, manufacturing, professional services and catering will be able to make use of the business park, which is located near AC Lloyd’s headquarters in Tachbrook Park.

He said: “We are now set to open our new Space Business Centre Warwick with a number of tenants already signed up and ready to get to work.

“The variety in the units is designed to accommodate a wide range of purposes, with mezzanine levels among the options, and we hope to see a vibrant business community develop here in the coming months and years.”

Space Business Centre Warwick is comprised of 61 units ranging in size from 285 sq ft to 840 sq ft along with two facilities blocks containing a kitchen, toilets and shower room.

One or two car-parking spaces will be allocated to each unit and there will be 12 electric car charging points installed along with solar panels on some of the roofs and a cycle shelter at the 35,000 sq ft development. Landscaping and green planting is also set to take place ahead of the official opening.


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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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