Following an extensive renovation of one of its properties on Gay Street in Bath, HPH Ltd has signed a deal with Bath-based Regency Offices.
Regency Offices began operating in Bath in 2007 after Director Tony Williams recognised a niche in the market to provide flexible office space on short term contracts to businesses in the city centre.
The company charges an all-inclusive monthly licence fee which includes business rates, utilities, maintenance and more, providing businesses with the space they need to grow.
In order to expand their operation, Regency Offices has struck a deal with HPH Ltd on 23 Gay Street, bringing their tally of buildings in and around Queen Square to eight.
Within these buildings 87 offices are currently occupied by 53 companies.
Tony Williams said: “There is a strong demand for the flexible office solutions we provide, allowing the customer to focus on their own business without worrying about issues such as building maintenance or other building issues.
“We have known Lindsay Holdoway at HPH for some time and we’re delighted to be taking on 23 Gay Street.
“We will let the building on a floor by floor basis to a maximum of five different businesses and we already have two businesses who want to move in straight away.
“We have been really impressed with the professional refurbishment that HPH Ltd has completed – they have thought of every detail and included an array of energy-saving measures which will keep our overheads low and ensure the efficient running of the building.
“The building is a fantastic addition to our portfolio, and we’re looking forward to building our relationship with HPH Ltd over the coming years.”
Lindsay Holdoway, Managing Director of HPH Ltd added: “We are very pleased to be forming a relationship with Regency Offices. Our companies operate in different ways and offer different options to occupiers and we can help each other.”
“We aim to not only refurbish our buildings to a high standard, but to ensure that they are fitted with the latest energy efficient equipment.
“Installing such measures can be challenging when it comes to Bath’s Georgian buildings, but we’re pleased that we have been able to update 23 Gay St in a way that enhances the period character of the building whilst providing a great working environment, and will serve to reduce the energy bills for our tenant.”
