We’ve had a flurry of new tenants and some expansion of existing resident businesses resulting in 90% of our rentable managed office being let, less than three years after opening.
The Hive was officially launched by North Somerset Enterprise Agency (NSEA) in July 2014 with the aim of supporting the launch, development and success of start-up and growing local businesses, we offer managed workspace with offices to let and meeting rooms to hire. To make having an office flexible and uncomplicated, the offices are available with easy-in/easy-out terms, dedicated broadband, a friendly well-managed business reception and a host of additional services for our tenants. Non-tenants are also welcome to the centre for virtual offices, meeting rooms, with the Hive Express Business Lounge rentable by the day or hour.
A diverse range of businesses including innovative mobile-focused digital agency Authentic Digital, structural and civil engineering practice DHD Structures and website design and e-commerce specialist Iconography now occupy The Hive.
Meanwhile growing tenant businesses including QED Advanced Systems, whose Resource Xpress ‘Room and Resource’ booking application is used by some of the world’s largest and most prestigious organisations and Green Frog Connect, which designs and builds high-voltage connections to the national electricity grid and which has recently been lauded as Britain’s eighteenth fastest growing firm in the Sunday Times Virgin Fast Track 100 league table, have both taken extra office space within The Hive in recent months.
Thirty-two tenants are now physically based in the building, with a further 27 companies using the centre as a virtual office. The centre is also regularly employed by a wide range of external businesses and organisations for its meeting space and conference facilities and by new and smaller enterprises for the on-site business advice available from NSEA..
2017 is now set to be a year of consolidation for The Hive’s busy community, says Rob Hicks from the business development team.
“We are thrilled that just two and a half years on from being a new build business centre, we are now an exciting, dynamic and close-knit business community.” says Rob. “We have an amazing array of diverse businesses here from new start-ups to fast growing enterprises. This presents superb opportunities for networking and collaboration and with monthly “by the tenants, for the tenants” breakfast events, regular meeting opportunities and communal areas that encourage informal discussions, advice sharing and information exchanges, we are already seeing close working, cross-trading and referrals between tenants.
“2017 for us will be about creating new opportunities for more business people to join us for events and to see and interact with The Hive’s businesses. We will also be celebrating the success and growth of our tenants both internally and externally, as we are incredibly proud to watch – and play a small part in – their achievements.”
For Will Jeffries, Director of Authentic Digital, The Hive’s reputation persuaded the company to relocate there when it outgrew its previous office space.
“We already used the centre’s meeting facilities and feedback from tenants we spoke with was so overwhelmingly positive there was no question of us not moving here!” says Will. “Relocating to The Hive has been a breath of fresh air with a terrific impact on staff and our wider team. Our clients enjoy coming here because it is easy to get to, professional and has excellent facilities and support. It is always a pleasure to come to work.”
DHD Structures became a virtual tenant in October 2015, three months after its business start-up. Having office-shared for most of last year, the company moved into its own offices at the end of November.
“Being in a building with other start-ups and having opportunities to network with them and share problems and advice over a coffee has been invaluable.” says Director Duncan Hill. “We work close to home in a professional atmosphere, with excellent transport links and helpful support from The Hive’s team. With the business growing faster than planned, we are reaping the benefits.”
For Wayne Robins, Director of Iconography, who relocated from another serviced office environment, The Hive has numerous positives.
“When we moved, we wanted a local base, modern open plan offices and a vibrant and colourful environment. The Hive delivers all this and much more, with fantastic facilities and many opportunities to meet with other tenants. It feels like the right place to be.”