Flexspace

What Flexspace does

Flexspace, operated by Bridges Business Space No. 2 LLP, is a UK-based commercial workspace rental provider founded in 2007 and headquartered in Peterborough. The company operates 50 sites across England, Scotland, and Wales, offering 2,500+ versatile workspaces across four product lines: Business Units (self-contained adaptable spaces with private front doors), Workshops (light-industrial units with 3m x 3m powered roller shutters and concrete floors), Office Space (self-contained professional offices with optional meeting rooms), and Self-Storage (units from 25 to 250 sq ft). All sites provide 24/7 secure access, free parking, and ground-floor facilities with disabled access, kitchens, and WCs.

Flexspace generates revenue through monthly subscription rentals paid by Direct Debit in advance, on 12-month agreements with a deposit of 2.5x monthly rent. Workshop pricing ranges from approximately £500-£665/month in Northern England locations (Bolton, Newark, Tockwith) to £975/month in Canterbury, reflecting regional price differentiation. The company's go-to-market is direct-to-consumer across phone, website enquiry forms, live chat, WhatsApp, and in-person site visits with Centre Managers, supplemented by a refer-a-friend programme offering a £250 cash reward.

The customer base is a long tail of SMBs and individual operators across at least six horizontal segments — small businesses and startups, light industrial and e-commerce operators, tradespeople, professional services, fitness and wellness, and e-commerce sellers. Named occupiers span gyms, beauticians, joiners, photographers, acrobatic studios, heritage restoration firms, virtual golf operators, and small retailers, indicating the platform's ability to serve highly heterogeneous use cases under a unified flex-lease product. A dedicated multi-site corporate team handles portfolio enquiries from businesses requiring multiple locations.

Name

Flexspace

Legal name

Bridges Business Space No. 2 LLP

Website

https://flexspace.co.uk

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Flexspace is a UK-based commercial workspace rental provider operating 50 sites across England, Scotland, and Wales with 2,500+ workspaces, offering flexible business units, workshops, offices, and self-storage on monthly subscriptions to SMBs and individual operators.

Ownership category

akta.pro rank

Product category

Flexible Commercial Workspace Rental

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Miniwarehouses and Self-Storage Units (53113)

SIC

Operators Of Nonresidential Buildings (6512), Public Warehousing & Storage (4220)

akta.pro primary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

akta.pro secondary industry

Self-Storage Facility Management & Operations (Third-Party Managed) (HSAKAGAI)

Keywords

• Flexible commercial workspace
• Business unit rentals
• Workshop space leasing
• Office space rental
• Self-storage units

Headquarters

HQ city

Peterborough

HQ country

United Kingdom

HQ region

Europe

Offices51 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Property Rental: Flexspace operates as a commercial real estate provider offering flexible workspace rentals. Revenue is generated through monthly rental payments from tenants occupying business units, workshops, offices, and storage units. Rent is collected monthly in advance via Direct Debit on the first working day of each month. 12-month agreements with deposit of 2.5 times monthly rent.
2. Multi-site Portfolio Management: Dedicated multi-site team for businesses needing multiple locations, offering portfolio of locations and facilities to help businesses thrive across sites.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Flexspace operates a national portfolio of 50 sites across England, Scotland and Wales, renting flexible commercial workspace including Business Units, Workshops, Office Space, and Self-Storage units under 12-month agreements. The company targets small businesses, startups, tradespeople, and e-commerce operators with 24/7 access, self-contained units with own front doors, parking, and the ability to scale up or downsize within its portfolio. Revenue is generated through monthly rental payments collected via Direct Debit, with a deposit equal to 2.5 times monthly rent.

Product overview

Flexspace is a commercial workspace rental provider offering four distinct product lines: Business Units (versatile multi-use spaces with private entrance and parking), Workshops (light industrial spaces with roller shutter doors and high ceilings), Office Space (self-contained professional offices with optional meeting rooms), and Self-Storage (secure units for personal or business storage). The company operates 50 sites across England, Scotland and Wales with over 2,500 workspaces. All offerings feature 12-month flexible agreements with clear pricing and straightforward terms, without long-term lease commitments. The products share a common platform of flexible terms, multi-location accessibility, and scalable growth options, allowing occupiers to upsize, downsize, or take additional units as their business needs evolve.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Units Contemporary and adaptable workspace units with their own front door and parking. Self-contained spaces ideal for a wide range of businesses including counsellors, care agencies, physiotherapists, beauticians, retailers, photographers, personal trainers and craft studios. Many include disabled access WC and kitchenette facilities. Rented on 12-month agreements with monthly Direct Debit payments.
• Workshops Modern and clean workshop spaces with concrete floors and generous eaves height. Feature 3m x 3m powered roller shutters and separate personnel access doors. Self-contained units with disabled access WC and kitchenette facilities and parking in front of workshops. Sizes range from 650 to 2,113 sq ft. Workshop spaces start from approximately £500-£665 per month in Northern England locations (Bolton, Newark, Tockwith) and from £975 per month in Canterbury.
• Office Space Contemporary and adaptable office spaces, many self-contained with their own front door and parking. Selected locations offer vibrant meeting rooms and relaxing breakout spaces. Ideal for small teams, startups, consultancies, creative agencies, and professional services. Desks and chairs provided at no extra cost for office users at selected locations.
• Self-Storage Units Safe, clean and secure self-store units available at selected locations. Sizes range from 25 to 250 sq ft (2 to 23 sq m), suitable for storing personal items, home contents, or providing ancillary storage for businesses.

Named customers18 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• IWG (Regus, Spaces, HQ): World's largest flexible-workspace operator (Regus, Spaces, Signature) with thousands of locations globally. Competes with Flexspace on office and business-unit rentals but operates predominantly city-centre premium locations at materially higher price points.
• Bruntwood Works: UK regional flexible-office and workspace provider across Manchester, Birmingham, Leeds, Liverpool and beyond. Comparable regional multi-site flexible-workspace strategy, although stronger brand presence in major Northern city centres than Flexspace's suburban estate.
• Workspace Group: London-focused flexible office and creative-space operator offering short-term leases to SMBs and creatives. Comparable business model of flexible, multi-format commercial rentals but concentrated in London vs. Flexspace's regional UK focus.

Direct peers

• Access Self Storage: UK self-storage chain operating across more than 50 locations. Direct competitor to Flexspace's storage product, though focused exclusively on storage rather than Flexspace's multi-format workspace approach.
• BizSpace: UK provider of flexible business units, workshops, offices and storage on similar 12-month agreements. Closest direct competitor to Flexspace, operating a comparable multi-site suburban portfolio serving SMB tenants.
• Safestore Holdings: European self-storage operator with a significant UK footprint (~190 stores). Competes directly with Flexspace's self-storage offering and shares the small-format, monthly-rental, multi-site UK model.
• Orega (Orega Serviced Offices): UK flexible and serviced office provider offering short-term office rentals to SMEs across multiple UK sites. Comparable target market, lease structure, and multi-site operating model, although focused more narrowly on office space.
• Big Yellow Self Storage: UK's largest branded self-storage REIT operating ~110 facilities. Directly comparable to Flexspace's self-storage product line, although Big Yellow is a specialist pure-play storage operator rather than a multi-product workspace provider.

Others

• SEGRO (Slough Estates): Major UK/European industrial-logistics REIT. Adjacent rather than directly competitive — competes for workshop and light-industrial tenants in Flexspace's catchments but operates at institutional scale and longer lease durations.

Emerging players

• Instant Offices / Office Freedom: Online marketplace aggregating flexible office and coworking space across the UK and globally. Adjacent to Flexspace's office product as a discovery layer; not a direct operator but competes for the same SMB tenant demand digitally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/flexspaceuk
• LinkedInlinkedin.com/company/flexspace
• Instagraminstagram.com/flexspace_uk/?hl=ha-ng
• Xx.com/Flexspace

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flexspace