Published on:

26 May 2022

Updated on:

26 May 2022

Read time:

2 minutes

Office Principles North has completed work on the new Peterborough location of established serviced office provider, FigFlex Offices.

FigFlex Peterborough has launched at FI Real Estate Management’s (FI-REM) Lynch Wood Park campus, following a seven-week refurbishment project.

The new 8,000 sq ft office location has been designed by Office Principles North to deliver a series of flexible and collaborative workspaces for businesses of all sizes. It is complete with 100 workstations, co-working areas, break-out spaces, virtual offices and meeting rooms.

FigFlex Peterborough will be managed by a dedicated, experienced centre management team. Optional services include advice from an in-house specialist with free business development sessions and grant guidance available for all members.

FI Real Estate Management, the asset and property manager of Lynch Wood Park, has facilitated a substantial investment at the Grade II Listed building, transforming the estate into a hub for the 21st century business community.

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Additional plans at Lynch Wood Park include the creation of a new on-site restaurant, refurbishment of all common areas and the renovation of the lake within the grounds.

It is the second FigFlex Offices project to have been delivered by Office Principles North following completion of a similar serviced office space in Watford in November 2021 and the sixth FigFlex location in the UK.

Gary Tailby, joint managing director of Office Principles North, said: “FigFlex’s arrival in Peterborough is really exciting for the city’s local business community. Employers are increasingly demanding flexible office spaces and short-term occupancies but they also want to work in environments that offer a wide range of amenities. FigFlex Peterborough delivers a friendlier, convenient and more flexible approach to office based working.”

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A spokesperson for FigFlex commented: “FigFlex Offices was a concept developed after extensive research to understand the evolving needs of business. In 2021, Peterborough was named the fourth most entrepreneurial city in the UK, making it a perfect location for FigFlex; this city deserves a diverse commercial market that suits the variety of businesses that are thriving here. We are very proud to launch our sixth location here at Lynch Wood Park and to see the growing popularity of our serviced offer.”