Business centre operator Bristol Spaceworks has secured the future of Redbrick House, the co-working space on the edge of Stokes Croft.
The not-for-profit organisation, which runs five business centres across the city, was advised by Bristol-based commercial law firm Meade King on the acquisition of the modern and vibrant space, which has become home to a cohort of creatives, community groups and start-ups.
Investing in the four-floor building, pictured, on Wilder Street will ensure it can once again present an attractive option to the growing numbers of freelancers and fledgling small businesses in the Stokes Croft area.
Bristol Spaceworks chief executive Matthew Johnstone, pictured below left, said: “Redbrick House offers a new dimension to our current business centres, with flexible and affordable options for both solo and interactive working.
“The demographic around Stokes Croft might be changing, but at its heart remains a strong community of creatives and professionals who are seeking a collaborative working hub.
“We’re looking to continue the legacy of the previous owners over the long term, welcoming back current tenants and inspiring new ones to benefit from this valuable space.”
He said the support from Meade King was invaluable and the firm was able to advise on all legal aspects of the transaction and related matters.
“They are laser-sharp on detail and very quick and responsive,” he added.
Meade King partner Simon East, pictured below right, said: “We have enjoyed a long relationship with Bristol Spaceworks, having advised them on their first and other sites. Our managing partner James Hawkins also sits on their board..
“They do fantastic work supporting inner-city businesses and we wish them every success with their latest co-working centre at Redbrick House.”
Redbrick House was previously operated by social enterprise PAPER Arts. PAPER Arts community and operations manager Amie Thompson will continue working at Redbrick House along with colleague Yasmin Qureshi
Amie said: “Redbrick House is a fantastic space, flooded with natural light, and has always had a really friendly, sociable feel.”
With desks, studios, a meeting room and break-out area, Redbrick House will continue to offer flexible and affordable membership packages and day passes.
Bristol Spaceworks was founded in 1985 by a group of Easton residents who wanted to make a positive difference to the Central East Bristol economy and employment rate.