Flex office provider Cubo has expanded its footprint in Nottingham with the acquisition of the former Nottingham General Hospital headquarters on Park Row in the city’s professional quarter.
Cubo has taken a new lease on the impressive Standard Court building, which is located on Standard Hill on the Royal Standard Place development, close to The Park Estate and the city centre.
Standard Court has had a long history and was originally the city’s main hospital before becoming the headquarters of the Nottingham City Primary Care Trust. It has been vacant since 2018.
The new Cubo features 50,000 sq ft of office accommodation arranged over four floors, with 630 desks available. It also boasts elevated views over the south of the city.
As well as the regular Cubo member benefits, Standard Hill will offer a full wellness centre, including gym and spa. It also has a secure car park with 44 spaces.
The new site will complement the accommodation already available at the Cubo workspace at Fenchurch House on King Street, which opened in 2020.
The 20,000 sq ft building, which is currently at maximum occupancy, houses 41 businesses, with more than 360 members from across a broad range of sectors.
The acquisition of Standard Court forms part of the company’s strategic growth plans and takes the number of sites across the Midlands and South Yorkshire to six. New sites will be opening by the end of Q2 2023 in Edinburgh and Manchester, alongside an additional site in Birmingham, with other locations to be announced shortly.
Founded by property investors Marc and Becky Brough, Cubo provides SMEs and tech companies with an experience-led lifestyle offer to meet the changing needs of businesses – from hot desking to a designated desk, private office, or entire floor, all available on flexible terms.
Member benefits include large communal spaces, private areas, break-out spaces, kitchens, an inclusive barista service with beer on tap, along with a programme of free networking events. Cubo members can also take advantage of an experienced front of house team.
Commenting on the acquisition of Standard Court, Marc Brough, Managing Director at Cubo, said: “This is going to be the most incredible workspace and office building in Nottingham and will also be the largest workspace in the Cubo portfolio.
“The acquisition of a second Nottingham site underlines our strategy of building a national presence of flexible working spaces for Millennial and Generation Z-led SMEs and corporate clients.
“Standard Court is an outstanding building. We’re certain that businesses and entrepreneurs will come to the building because of its unbeatable location, local amenities and the sheer quality of the space. It is a place with a real presence on the city’s skyline.
“We have already had expressions of interest in the accommodation and we will be announcing pre-lets in the coming weeks.”
