Bournemouth's Victoria House Set for Major Transformation into Premium Serviced Offices

Arena Offices has announced the acquisition of the prominent Victoria House in Bournemouth's Westbourne area, formerly occupied by LV Insurance. The 21,000 sq ft building is slated for an extensive £8 million refurbishment, aiming to provide high-quality office accommodation for growing businesses in the region. The project is expected to be completed and ready for occupation by the first quarter of 2026.

Key Takeaways

• Arena Offices, a seasoned operator with 11 existing serviced office locations, has purchased the landmark Victoria House.
• An £8 million renovation project will modernize the 21,000 sq ft building.
• The new serviced offices are anticipated to be ready for businesses by early 2026.
• The development aims to address a shortage of quality office space for expanding companies in Westbourne.

A New Era for Victoria House

Victoria House, a well-known building situated on Poole Road in Westbourne, is poised for a significant upgrade. Arena Offices, which owns all 12 of its serviced office buildings across the South of England, plans to completely refit and remodel the property. The refurbishment will focus on high-end interior design, creating a sophisticated and functional workspace.

Addressing Local Business Needs

Simon West, executive chairman of Arena Offices, expressed enthusiasm about the acquisition, highlighting the scarcity of high-quality office accommodation for growing businesses in this part of Bournemouth. He is confident that the revitalized Victoria House will attract new enterprises to the area, contributing to its vibrant business community. The company is committed to its growth strategy, aiming to provide top-tier facilities for its business clients.

Ambitious Renovation Plans

The £8 million renovation is designed to transform Victoria House into a modern hub for businesses. The building's extensive refit will include creating flexible spaces that can accommodate between 500 and 600 desks, depending on the final configuration. This flexibility will allow businesses to scale their operations within the serviced office environment. Additionally, the site will feature parking for 120 cars and benefits from a strategic location close to the A338.

Vision for a Thriving Business Community

Arena Offices is recognized for its commitment to fostering thriving business communities. Beyond providing high-quality accommodation, the company offers concierge reception services and emphasizes flexibility, enabling businesses to adapt their space as they grow or contract. The new-look Victoria House is expected to embody this philosophy, offering businesses of all sizes a dynamic and supportive environment.

Sources

• Serviced office operator acquires Bournemouth site, BE News.
• Victoria House, Westbourne, to be transformed into offices, Bournemouth Echo.