• UMi office move opens new opportunities for Durham businesses

    UMi office move opens new opportunities for Durham businesses

    After 15 years helping more than 500,000 businesses to do more and go further, UMi is embarking on the next stage of its journey, buying premises at Durham’s Belmont Business Park – a development that will be UMi’s new North East home as well as a thriving collaborative hub for local businesses. The move also provides a rare opportunity for other businesses to take a short-term sublet of some or all of the second floor at Spectrum 6, with immediate availability.

    The recently refurbished second floor of Spectrum 6 enjoys a bright and spacious interior with lots of natural light and a stunning sea view to the East. It is situated less than a mile from Seaham town centre and a short walk from the seafront for employees to take a lunchtime stroll.

    The space is available fully/partially furnished or empty on a sublet agreement up to June 2024, with the potential to negotiate a new lease beyond this with the landlord.

    Nicki Clark OBE, Chief Executive of UMi, said: “We’re really excited about the next stage of our journey and the opportunities it opens up for other businesses at Spectrum 6, and as we get settled into Allergate House at Belmont Business Park.

    “Our recent B Corp certification is a testament to the values we live by, and we want to keep finding new ways to do more and go further in our impact on people, planet and profit.

    “Buying our own premises gives us more freedom to innovate in our environmental practices, to create an engaging space for our staff, and to deliver on our ambitious plans to support businesses across the UK with advice, finance and wider assistance to help make doing business easier.

    “We will be offering a dedicated space at Allergate House for local businesses to use, creating a collaborative hub that offers hybrid working at an affordable cost, as the business community navigates the ongoing increasing cost and challenges of trading.

    “This development also creates a rare opportunity for other businesses to move into Spectrum 6 without a long-term commitment or the delays or capital outlay of refurbishments, as it’s all done already.”