Renowned worldwide for its steel production, Sheffield is a city with a proud commercial history. From its role in the Industrial Revolution to its emergence as a tech powerhouse, the city is a success story for economic change.
Following government investment, South Yorkshire is now a hub for business improvement. Thanks to this, Sheffield is home to major innovators such as The Boeing Company and McLaren.
In 2022, Sheffield came first in a study on the best cities in the UK to start a business. It’s an ideal choice for companies looking to establish a foothold in their industry.
With this status, it’s worth considering office space in Sheffield. These spaces provide a vibrant, professional base for your business. Our private offices come with high-quality interiors, prime addresses and access to the local business community.
In this article, we’ll talk more about Sheffield’s thriving commercial environment.
Why you should consider doing business in Sheffield
Owing to its history as a centre for heavy industry, Sheffield has a strong focus on local business support. With cutlery creation recorded as far back as 1297, the area has long been known for innovation in manufacturing metals.
Situated in South Yorkshire, Sheffield enjoys a central location within England. Nearby Leeds and Manchester are reachable in under an hour by rail. By car, there are motorway links close to the city centre.
For clients from further afield, easy transfers are available from Manchester International Airport.
Sheffield’s reputation as the Outdoor City makes it a pleasant location for commercial property. The city also enjoys plenty of green areas, and our offices to rent in Sheffield enjoy over 250 public gardens and national parks on their doorstep.
Many of our serviced offices in Sheffield are a few minutes walk away from these outdoor amenities.
Top business sectors in Sheffield
Aside from its famous steel manufacturing, Sheffield has a flourishing professional community. Housing everything from dynamic startups to famous names, the city specialises in:
● Advanced manufacturing, including world-leading engineering firms
● Digital industries, with a focus on tech solutions and learning resources
● An energy sector with links to green and nuclear energy
● Sports and health companies focused on medical technology
Engage with these sectors using our meeting rooms, which provide a perfect space to network with prospective clients.
5 businesses based in Sheffield
The city’s strong Startup Cities Index performance and manufacturing expertise have attracted many top businesses. If you opt for flexible offices in Sheffield, you’ll be working alongside:
● The Company of Cutlers in Hallamshire, a legacy institution with 400 years of history
● Irwin Mitchell, one of the UK’s largest law firms and a top 50 institution
● The Boeing Company, an international powerhouse of engineering
● Forgemasters, a heavy engineering firm with government contracts
● Twinkl, an educational publishing house creating content for teachers worldwide
Why you should rent an office in Sheffield
Sheffield caters to diverse business needs thanks to its central location and vibrant community. It’s a superior choice for innovative companies. You’ll find strong support for your development in the state-of-the-art Innovation District.
Let’s look at more reasons why you should opt for office space to rent in Sheffield.
Top city in the UK for business
Sheffield often tops the rankings for the best places to launch a business. Paymentsense placed Sheffield first in 2019, citing the high survival rate of startups at 44% after five years.
Along with the Startup Index praising Sheffield for business support, this proves the city has what it takes for economic success.
Entrepreneurial spirit
Many important inventions come from Sheffield, including stainless steel and the shorthand alphabet. A city at the heart of the Industrial Revolution, Sheffield remains active in industrial innovation today.
Network with local entrepreneurs through the city’s business networking events. Sheffield Chamber of Commerce holds regular events that help you make new contacts in your sector and beyond.
The University of Sheffield Business School also organises events attended by local experts.
Tech powerhouse
Home to a thriving digital economy, Sheffield boasts many successful tech businesses. As a top ten city in the CBRE 2022 Tech City Report, it’s an ideal location for emerging digital leaders.
Over 60% of the UK’s educational tech sector operates in Sheffield. Home to leaders like Twinkl and Kineo, this is an industry on the rise.
Choose a coworking space to network with like-minded professionals in this growing sector.
International trade
Sheffield benefits from local investment in international trade. The Sheffield International Trade Centre provides tailored services to ensure business compliance.
These business hubs aim to boost international trade through support and networking activities. Help is also available for customs declarations and trade documentation.
The city has strong global connections. One of the most international universities in the world, the University of Sheffield provides links to over 150 countries.
Local education opportunities
Opting for serviced office space in Sheffield positions you close to the city’s two universities. Both offer programs for aspiring entrepreneurs.
The University of Sheffield has many buildings in the heart of the city centre. As a leading research university, it provides companies with educated workers.
Sheffield Hallam University was named Outstanding Entrepreneurial University of the Year in 2021. The university delivered £18m of funded support for local SMEs in 2019-2020.
Both universities operate the Sheffield Innovation Programme to assist with regional business growth.
Affordability
As an office location, Sheffield offers good value for money. Local companies enjoy South Yorkshire’s connected business community as well as its low cost of living.
The area caters well to businesses of different sizes. Quality office spaces are available for startups and are cost-effective, even in the city centre.
Our centre at 1 The Oasis offers an affordable location right off the M1 motorway.
How much is it to rent an office space in Sheffield?
Our offices to let in Sheffield are affordable. Starting from only £135 per month, you can work in a premium location with flexible terms. Offering space in the heart of the city and key industrial locations, private offices cost £163 per month on average.
Network, train and meet clients with our on-demand services. If you’re looking for a premium address but don’t need a permanent office space, our virtual offices in Sheffield start from £65 per month.
Office spaces in Sheffield
Regus’ Sheffield serviced office landscape is vast. If you choose our centres, you’ll have access to a ready-to-use workspace that takes advantage of everything the city has to offer.
These four business centres house a range of office spaces outfitted with everything you need for productivity. Enjoy access to high-speed internet, vibrant decor, and bookable meeting spaces in all office types.
The Balance
The Balance offers flexible office space in Sheffield’s central commercial district. Position your business alongside government offices and digital services in this modern, well-appointed centre. The central courtyard provides plenty of natural light too.
At less than a few minutes walk from several tram stations, The Balance is easy to reach by public transport.
Highlights include
● On-site gym
● Outside seating area and terrace
● Elevators
● Disabled facilities
● Break-out areas
Information about The Balance
● Location: 2 Pinfold Street, Sheffield, S1 2GU
● Starting cost: private offices from £145 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: City Hall Tram Stop (a two-minute walk away), Cathedral Tram Stop (a three-minute walk away), Sheffield Station (a 13-minute walk away)
Pennine Five
Housed in Sheffield’s Cathedral Quarter, our Pennine Five office is home to contemporary office spaces and a bright, open-plan reception area. With ready-to-use offices in the heart of the historic city centre, this is a fantastic choice for making connections.
Pennine Five is well-supplied with local amenities. For after-hours, there’s an on-site wellbeing centre and plaza bar. Plus, Sheffield’s many restaurants are a short walk away.
Highlights include
● Break-out areas
● Meeting rooms
● On-site wellbeing centre
Information about Pennine Five
● Location: 20-22 Hawley Street, Sheffield, S1 2EA
● Starting cost: private offices from £145 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Cathedral Tram Stop (a four-minute walk away), Sheffield Station (a 14-minute walk away)
Acero
Acero is our business centre next to busy Sheaf Street. This modern workspace comprises a triple-height reception area and energy-efficient construction.
Enjoy a business address near Sheffield Hallam University, which provides ongoing support to local SMEs. On-site amenities include a coffee bar and sandwich service. Coworking spaces are available for networking and project planning needs.
Highlights include
● On-site coffee shop
● Sandwich service
● Meeting rooms
Information about Acero
● Location: 1 Concourse Way, Sheffield, S1 2BJ
● Starting cost: private offices from £229 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Sheffield Station (a four-minute walk away) Fitzalan Square / Pond Forge Tram Stop (a seven-minute walk away)
1 The Oasis
The ideal choice for a small office to rent in Sheffield, 1 The Oasis is minutes from the M1 motorway. Based in Meadowhall Shopping Centre, this centre offers high-quality workspace with flexible terms.
Enjoying large windows and colourful meeting spaces, 1 The Oasis is perfect for both quick pit stops and longer-term use. Local leisure facilities and shops are immediately outside the centre.
Highlights include
● On-site parking
● Disabled facilities
● Major transport links
Information about 1 The Oasis
● Location: 1 The Oasis, Sheffield, S9 1EP
● Starting cost: private offices from £135 per person per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Meadowhall Interchange (a five-minute walk away), Meadowhall Station (a seven-minute walk away)
How to find an office space in Sheffield
Sheffield is one of the most affordable, entrepreneurially-minded cities in the UK. Position yourself in our office spaces in Sheffield to become part of this innovative community.
If you’re keen to make a home for your business in Sheffield, Regus can help you choose the best location for your team. Talk to our advisors today with one-to-one support and find the option that’s right for you.
