Space-as-a-service brand Bold is to open its first location in Manchester.
The business, founded by American entrepreneur Caleb Parker and bought by space-as-a-service operator NewFlex in 2019, has signed a management agreement for almost 14,000 sq ft at Orchard Street Investment Management’s Bauhaus building in Manchester’s Spinningfields. It will occupy the ground, first and second floors.
The space, which is set to open in January next year, is the first of a number of planned openings outside of London for Bold.
Bold said the location would be designed to provide entrepreneurs, creatives and SMEs the environment they need to grow, through flexible memberships, private spaces, communal areas and events that foster collaboration. There will also be a café serving Bold’s proprietary coffee and tea blends, as well as access to capital, advice and mentoring.
Parker said: “This is a key step in Bold’s journey as we engage with Manchester’s thriving creative and SME scene. We are excited to offer more flexibility and freedom to help more entrepreneurs follow their dreams, connect and grow their business within this coveted inner-city community.
“For landlords and developers, Bold can complement leasing strategies and help squeeze new value out of real estate assets aligned to the new working world.”
Steve Jude, chief executive of NewFlex, which manages a range of branded flexible office solutions including Citibase, Serendipity Labs and easyHub, added: “Bold will provide an exciting hybrid solution for fast-growing SMEs and entrepreneurs who crave flexibility within a highly desirable city-centre location among other likeminded businesses and individuals.”
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