
The article includes interior and exterior shots of Mercury House
We were commissioned by NBV (Nottinghamshire Business Ventures) to create some PR buzz about Mercury House - the business centre where our office is located.
We produced a press release - see below - highlighting the great facilities here and name checking a few of our fellow resident businesses.
The release has been picked up by Property East Midlands magazine who have included it in a very nice spread on office accommodation in the region.
Read on for our release…
Crunch Gives Business Centre A Boost
The credit crunch has led to an increase in the number of small businesses inquiring about office accommodation at a Nottingham centre for new and growing enterprises.
Julia Tantum, property manager at Mercury House, part of NBV’s managed workspace solutions, said she had fielded a marked increase in inquires from small businesses in recent months.
The increase has corresponded in the recent economic downturn and it’s believed the centre, in New Basford, could be an increasingly attractive option for businesses during the credit crunch.
Mercury House offers virtual tenancy, allowing home-based firms to benefit from a business address, and 28 serviced offices at rates which factor in a discount for start-ups. As well as being an incubation centre, where the new businesses can access a range of benefits including free mentoring and support, the centre also offers commercial work space for more established businesses at very competitive rates compared to other business centres in Nottingham.
Ms Tantum said she believed the value of the accommodation was appealing for businesses who were looking at ways to reduce their overheads during the difficult trading climate.
She said: “We know we have a great product here which appeals to a lot of small businesses but in the past six months or so we have definitely seen an increase in people inquiring about the prices of our accommodation.
“Whereas in the past it may have been the raft of other great benefits we offer which appealed most to business people, now we are increasingly seeing our low cost office accommodation as being the key to our continued success.
Office rents at the centre, on Northgate, start from as little as £200 per month and VAT is not charged – making the centre an ideal place to launch a business. And with the offices ranging from one person set-ups to suites able to accommodate several workers, Mercury House can also offer companies space to grow.
Gaynor Corkhill, director of PDRS Ltd, a firm which recruits drivers for the transport industry, started out as a virtual tenant at Mercury House in 2006 and took an office there in 2007.
She said: “Initially it was the low rates which were attractive to us. The cost of office accommodation is a huge consideration for businesses and that was the deciding factor in us coming here.
“For us it makes perfect sense to be here because as well as all the support we also have a lot of independence and can come and go as we please which is essential for us as we operate outside of conventional office hours a lot of the time.
“It has turned out to be an ideal base for us because of all the other benefits of being here. I like the fact that everything is on one bill, the heating, the power, the IT support. It’s all included.
“All the technology a business needs is here. It is a place where a business can move in and start trading from day one. The computers, fax machine etc is all set up for you.
“I really would recommend anyone thinking of starting out in business to come down and take a look at the place.”
Another Mercury House resident business is Bancroft Consulting Ltd who provide transport planning services. Director Chris Bancroft came to Mercury House in March 2006.
He said: “The fact that VAT isn’t charged was a help in the early days of the company as was the support with things like IT which is provided as part of the tenancy. It helps to have things like the phone and broadband internet access managed for you. I have confidence that if there is a problem with these things, it’ll be fixed.
“But probably the best thing about being based here is being part of a community where other like minded people are in business for themselves. At the start I didn’t feel isolated as I would have done had I been in the back bedroom at home. It has also allowed me to grow my company and to take on staff as they have seen it’s not just a closed door operation.
“It’s the kind of place where a chat with someone over a coffee in the kitchen can lead to a phone call from someone else with helpful tips on how to run the business.”
Rachel Graham, managing consultant at Rachel Graham Resourcing Associates Ltd, agreed. She brought her business to Mercury House two years ago.
She said: “It’s a cost effective solution, not only in terms of the rent but also in terms of other factors such as free car parking.
“I have looked at other managed offices but have not been tempted to move from here. The networking here is brilliant. Everyone shares information with each other and there is a real family feel to the place. I would definitely recommend it.”
The credit crunch has also caused some business to down scale and has led to an increase in home working.
Property manager Julia Tantum added that many of the new inquiries were asking about the virtual tenancy arrangements at the centre. She said: “Not all businesses need their own premises but they still need to maintain a professional image.
“Mercury House offer the perfect solution, with costs to suit a range of budgets. These range from the use of a Mercury House mailing address and free use of meeting rooms to personalised telephone answering and post forwarding services. Virtual Tenants also have access to a range of NBV business support services to ensure their businesses can move forward.”
ENDS
For more information please call Steve McComish at Pressman Public Relations Ltd on 0115 9648214 or visit www.pressmanpr.co.uk