UK: Coworking space Flexworks has launched in Hull city centre, developed by local property investment firm Virginia Homes and backed by a £330,000 commercial loan from Allica Bank, a challenger bank focused on small and medium-sized businesses.
The refurbishment has transformed four previously vacant office floors into shared workspace and private offices.
The project aims to support small businesses and freelancers by providing modern, flexible working environments in the heart of the city.
Rick Bakhshi, chief executive and founder of Flexworks, said: “Flexworks is about bringing a fresh, flexible working environment to Hull – something the city hasn’t had at this scale before.
“We wanted to create a space where businesses and individuals can thrive, and with Allica Bank’s support, we’ve been able to turn that vision into an impressive reality.”
Andy Castle, relationship manager at Allica Bank, said: “It’s fantastic to see the stunning vision of Flexworks come to life and what a place to work Rick and the team have created.
“At Allica, we’re truly passionate about helping businesses make a real impact in their communities. This project is a perfect example of that.”
Highlights:
• Flexworks has opened a co-working hub in Hull city centre
• £330,000 Allica Bank loan has funded the office refurbishment
• Virginia Homes has backed the flexible workspace development
