Opens new Harrogate centre
January 20 2009 - 5:48AM
RNS Non-Regulatory
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MWB Business Exchange Plc
20 January 2009
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FOR IMMEDIATE RELEASE
20 January 2009
MWB BUSINESS EXCHANGE OPENS HARROGATE SERVICED OFFICE CENTRE
MWB Business Exchange Plc ("Business Exchange") today announces that it has
signed a 10-year operating and management agreement for a serviced office and
conference centre in Harrogate.
Located in Station Bridge House, adjacent to the town's railway station, the new
centre comprises 14,485 sq ft of space over two floors and provides a total of
almost 180 workstations and three meeting and conference rooms. The new centre
will be operated under Business Exchange's City Executive Centre brand.
Under its agreement with Commercial Etates Group, the building's owner, Business
Exchange receives a fixed management fee together with a profit share once the
landlord achieves the agreed Estimated Rental Value.
John Spencer, Business Exchange's Chief Executive, said: "This latest agreement
is part of our stated strategy of expanding centre coverage in the major
regional connurbations and business areas."
Following the launch of Harrogate Business Exchange now operates 56 centres
providing approximately 16,000 workstations.
Ends.
Contact:
John Spencer, Chief Executive, Busines Exchange. Tel: 020 7868 7268
Baron Phillips, Baron Phillips Associates. Tel: 020 7920 3161
This information is provided by RNS
The company news service from the London Stock Exchange
END
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