Posted on: 13th December 2022
Reading time: 9 mins
Cambridge is a charming city located on the River Cam in Cambridgeshire. It is best known for being the home of the University of Cambridge. This prestigious educational institution is one of the best universities in the world. But did you know Cambridge is also a hotspot for business, particularly in the technology sector? Cambridge's close transport links to the rest of the UK also make it an attractive base for many businesses.
Located 55 miles north of London and home to just under 150,000 people, Cambridge’s population has grown by 17.6% since 2011. This is much higher than the overall increase for England, which was only 6.6%. Also, 41.2% of Cambridge residents have a higher level qualification, such as a degree or Higher National Diploma. This is significantly higher than the UK national average of 19.7%.
For business, Cambridge has the best record in the UK in terms of long-term survival rates. In fact, 49.4% of startups in Cambridge are still going strong after five years - the highest rate in the whole of the UK. In a world where most startups fail within the first five years, this shows just how easy it can be to grow your business in Cambridge.
Cambridge is home to a high number of technology businesses, including FiveAI, Rasperry Pi Foundation and Frontier Developments. It is well known that Cambridge is on the cutting edge in terms of software, electronics, and biotechnology. Being surrounded by so much innovative technology and successful tech businesses puts you in a good place to pave the way for your own business success.
Also, being home to one of the world’s best universities, Cambridge is full of bright young people who can bring endless innovation and passion to your business. With almost 25,000 students living in Cambridge, there is never a shortage of talented employees.
In this guide, you'll discover why Cambridge is an attractive location to have an office in the United Kingdom and explore our Regus offices in Cambridge.
There are a number of key business hot spots in Cambridge to suit a variety of different business needs and preferences. This includes, but is not limited to, the ones below:
This highly-impressive 55-acre business park is set amongst a stunning green landscape, offering you a pleasant view as you work. With 65% of the companies based at Cambourne being in the tech sector, this CB23 postcode location is perfect for start-ups. We have a Regus office space situated in this prestigious location.
Located in Cambridge North, Vision Park is an impressive and buzzing business park, home to one of our Regus office spaces. Being the home to mostly technology and life science-based businesses, here you will find yourself working alongside some big names in the business world. Consisting of eight buildings overall, this spacious and attractive business park is the perfect location for your business.
Located in the beating heart of the city centre, our Wellington House office is a well-equipped and modern office building. Also, being just a 15-minutes walk from Cambridge train station, you can easily access the city’s fantastic transport links. Wellington House also accommodates Cambridge’s numerous cyclists by offering bike storage facilities on-site.
Business Travel in Cambridge
Cambridge has a wide range of transport offerings, covering rail, road, bus, and more.
The convenient rail connections mean you can travel to London in just 45 minutes - perfect for anyone who needs to travel to the capital for business reasons. There are also good connections to other major locations, such as Birmingham, Stansted Airport, and Peterborough.
Cambridge has an extensive Park and Ride system, where motorists park their car in a car park and then take a bus to the city centre. This not only reduces congestion in the city but also provides ample parking for commuters travelling to their Cambridge office.
For those who need to fly, major airports, such as London Heathrow, London Luton, and London Gatwick, can all be reached in less than 2 hours. Road connections are also excellent, with the city being well-served by motorways such as the M1 and the A14.
Cambridge has a rich cultural scene, with many theatres, music venues, museums, and galleries. The Arts Theatre, a 666-seat theatre in the city centre, often attracts touring productions and performances by local theatre groups. The ADC Theatre, on Park Street, is home to the famous Cambridge University Footlights Dramatic Club, which has produced many famous performers including Hugh Laurie, David Mitchell, Richard Ayoade, Oscar winner Emma Thompson. King Charles III also earned his Bachelor of Arts degree from the University of Cambridge, before serving in the Air Force and Navy from 1971.
Throughout the year, Cambridge also hosts a variety of festivals, such as the Cambridge Literary Festival, the Cambridge Beer Festival, and many more.
Cambridge is also home to a number of museums, many of which are run by the University of Cambridge, such as the Fitzwilliam Museum. There are also museums dedicated to archaeology and anthropology, earth sciences, zoology, computing history, and many more.
Partially thanks to the high number of students in the city, Cambridge also has impressive nightlife. Being home to over 100 pubs, as well as a diverse range of bars and restaurants, Cambridge has countless options for places to go for after-work drinks, team-building activities, and networking events.
How much is it to rent office space in Cambridge?
Cambridge office space can be rented for as little as £169 per person per month. There are a variety of offices to rent in Cambridge, from inner-city offices and large business parks to more tranquil locations just outside the city centre.
How to find an office space in Cambridge?
There are a number of factors to consider when choosing your office space to rent in Cambridge. It’s helpful to think about what your business needs in terms of location and amenities.
For example, will you need to be close to a major train station to travel to meetings or events? Do you prefer to be based outside of the city centre to avoid congestion and crowds? Whatever your requirements are, we have a Cambridge-based office that suits you.
When choosing an office location, ensure that your team members can commute to the office easily. If your associates take regular business trips to London or other UK cities, consider offices near Cambridge railway station. If your team members travel further afield on international business trips, look for offices to rent in Cambridge that have good connections to the nearest airports.
The office space itself is important, but the local amenities offering is an important thing to consider for many businesses. Do you want your Cambridge office space to be within walking distance of the city's best restaurants and nightlife for after-work drinks and business networking? Or would you prefer to be out of the city with more space and easier commuting by car?
If you plan to base your business in Cambridge, it helps to know a few interesting facts about the area.
Why you should rent an office in Cambridge
With Cambridge being a thriving business hub and home to a rapidly growing technology sector, you could not choose a better location to start your journey to business success. With fantastic transport links and a wide range of office suites to suit the specific needs of your business, you will certainly find a comfortable home for your business in Cambridge.
The town’s growing population and nature of being highly educated make Cambridge an attractive location for businesses looking to grow and recruit new talent. Its strong and stable track record for start-ups attracts bright and ambitious business owners to Cambridge, making it an increasingly popular UK location to rent office space.
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