Prospect
adds to its
portfolio
in London

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Yorkshire-based Prospect Business Centres, which operates premium serviced office centres in Leeds and London, has announced further expansion with its sixth serviced office centre, its fourth in the capital.

The new 22,000 sq ft offices, at No 5 Old Bailey, in the shadow of St Paul’s Cathedral, is the company’s largest centre and has the ability to accommodate up to 350 desks. The new London centre joins a portfolio of three other centres in the capital, which are all experiencing record occupational levels of over 90 per cent.

No 5 Old Bailey opens at the end of June and Prospect has invested £2.4m in the development.

Prospect Business Centres’ portfolio now comprises 112,000 sqft of serviced office space and 1,700 desks across its four London centres and two Yorkshire centres at Prospect House and Fountain House in Leeds.