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Gloucestershire Business News

Flexible workspace operator arrives in Cheltenham with brand new office space

Flexible workspace operator Clockwise is expanding its portfolio with the opening of its newest space in Cheltenham.

The new location takes Clockwise's total number of sites to six and is part of the business' wider growth trajectory as it's set to grow its footprint to nearly 20 spaces and more than half a million square foot by the end of 2021.

Located at Festival House, the site covers 20,000 sq ft and will span four floors with 224 desks and 37 offices ranging from one to 12 people. It will incorporate breakout areas, club lounges and event spaces, a coffee shop, and resident amenities including showers, bike storage, onsite private parking.

Alexandra Brunner, chief operating officer at Clockwise, said: "The pandemic has shifted working culture and we're seeing a growing trend in businesses moving away from traditional offices and towards more flexible practices. While working from home has its perks, we believe people need a central space away from home to truly reach their potential.

"At Clockwise we're firm believers that innovation and enterprise is not limited to Central London or gateway cities and we have a real estate strategy that reflects this. We're passionate about enabling regional businesses to achieve their potential and are also well-placed to support the businesses who have made the move out of London as a result of the pandemic.

"Our existing locations across the UK are home to a broad client mix of entrepreneurs, start-ups, scale-ups and established businesses from a cross-section of industries, and we're looking forward to reflecting this in Cheltenham."

Clockwise is marking its arrival in the town with a donation of £5,000 to CheltenhamFoodbank to support members of the local community who have been affected by the Covid-19 crisis, helping to tackle food poverty and hunger.

Commenting on the selection of Cheltenham Foodbank, Mr Brunner said: "Covid-19 has presented hardship for many, and with the festive season approaching, a time for giving, we chose to donate to Cheltenham Foodbank to support and give back to our locals of our Cheltenham site."

Pete Verry, manager at Cheltenham Foodbank said: "A donation like this will help us to continuing growing across Cheltenham. With plans to open new depots, these funds can help towards planning and keeping us local."

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