The Rise of Coworking Spaces

A coworking space can be simply described as a workspace you can lease in a professional work environment. But that basic description does not do them justice. Coworking spaces go far beyond just being a location to work; work is essential, but coworking spaces can be about creating, networking, and even having fun. They have become one of the most adaptable, dynamic, and cost-effective ways to work.

The rise of coworking

The history of coworking is closely tied to social and technological transformations. Historically, coworking spaces were relatively uncommon. Although many landlords provided office space, coworking spaces were not widespread. If you could locate a space, the chances were that you would be sharing a poorly maintained room with inadequate facilities that the landlord had not been able to lease to anyone else.

However, over the past decade, it has become more popular as people increasingly value their work-life balance, and technology has made remote working simpler. It has meant more and more people have sought locations to work, whether it is for an employer or because they are striking out as a freelancer or a small enterprise.

Coworking spaces have matched this trend, delivering more than just a desk space, but everything a conventional office does. And more.

Types of coworking spaces

Modern coworking spaces can be compared to professional open-plan and hot-desk environments. One of the strengths of coworking, though, is the adaptability. And that is matched by the coworking solutions we offer.

Adaptable desk space

If you occasionally need a location to work, we have spaces ready for you. You can lease a desk for just a day, providing you with a calm and focused environment, whether for a change of scenery or to help you focus on meeting a deadline.

Desk space solutions

We offer a variety of packages to meet your needs, whether you require a regular workspace due to not having a home office or simply want a separate area to work. Our options range from discounted hot desk access to dedicated spaces, ensuring you always have a place ready for work.

Virtual office solutions

Just because you are coworking does not mean you do not need an office. Our venue offers staffed reception services, but our packages can provide you with advantages more commonly associated with a physical business, such as a business mail address and a dedicated direct line.

The Pinnacle House advantage

Working in a shared professional environment brings remarkable advantages that extend far beyond simply having a desk. At Pinnacle House, members discover that coworking transforms their daily work routine, offering solutions that neither home nor conventional office setups can match.

The collaborative atmosphere naturally encourages productivity while maintaining the independence that modern professionals crave. Members find themselves more motivated surrounded by other driven individuals, yet retain complete control over their schedule and workspace preferences. This unique combination creates an environment where focus and creativity flourish simultaneously.

Financial advantages become immediately apparent when comparing coworking to traditional office leases. Members eliminate the burden of long-term commitments, utility bills, maintenance costs, and equipment purchases. Everything needed for professional operations is included in one transparent monthly fee, allowing businesses to allocate resources toward growth rather than overhead expenses.

Adaptability

Coworking can be incredibly adaptable. Our hot-desking solutions start from just £50 + VAT for those who may only need a few hours of flexible working. We also know that businesses grow and change, so our packages adapt to that evolution. We can expand your space and facilities precisely when your business needs them, making that part of growing your business seamlessly.

Cost effective

The fee you pay for your coworking space covers everything. You just need to bring your laptop along, and everything else is included. From practical services like connectivity to breakout areas away from your desk, and to complimentary refreshments and relaxation, such as enjoying secure parking with EV charging points at Pinnacle House or taking advantage of the comfort cooling during warmer months.

Networking

For many, the networking opportunities that coworking provides are the most appealing aspect of it. When you use a coworking space, you will be sharing it with everyone from new freelancers to established businesses; people you would never meet working at home. Pinnacle House runs regular networking and social events; we have lost count of how many coworkers have made new connections and discovered new business through them.

Who uses coworking spaces?

There is no such thing as a typical coworker. The only common factor between all the people who use our location is that they appreciate the space we provide, but they can come from almost anywhere.

• Freelancers and homeworkers: coworking spaces are a popular choice for those who do not have an office space, providing them with a dedicated location to work and the social opportunities they often miss.
• Small businesses and startups: coworking spaces are excellent for smaller and growing businesses. It provides them, and their staff, with adaptable, affordable workspaces that can grow with them, avoiding the complications of managing leased office space.
• Large businesses: larger businesses often use coworking spaces in addition to their established offices. Uses can include providing spaces for remote workers who are not based near an office, as well as bringing project teams together or managing relocations, taking advantage of the adaptability that coworking spaces offer.

Choosing the optimal coworking space

We all have different requirements and preferences, and there will be a coworking space to match.

Location

Perhaps the most crucial factor will be location. You need to be able to reach your coworking space. Pinnacle House is strategically positioned in Peterborough’s Fengate business area, just 2 miles from the city centre. Most crucial are the transport links; our centre is close to major transport networks, with the A1 just 10 minutes away and easy access to the A47. Additionally, we are only 75 minutes by train to London King’s Cross. We offer over 100 private parking spaces with 2 EV charging points and secure access, making it straightforward for you to get there, however you travel.

Facilities

We aspire to be more than just a desk for you. We understand that your workspace is crucial; that is why our workspaces feature thoughtful design and high-quality furniture. However, we also recognise that time away from the desk is equally important.

Pinnacle House features breakout spaces, private offices for 1 to 12 people, meeting rooms accommodating 2 to 60 delegates, communal areas with kitchens, and well-maintained facilities with comfort cooling and ultra-fast fibre broadband, as we know that a 5-minute break can be just as crucial to your productivity as the hours at your desk.

Community

Perhaps the biggest strength of coworking is the community. We provide excellent workspaces, but we also put just as much effort into building communities. Pinnacle House offers networking and social events throughout the year, providing an opportunity to unwind, meet your coworking neighbours, and connect with our diverse business community, which spans finance, agriculture, manufacturing, education, automotive, healthcare, and more.

Essential considerations for coworking selection

While coworking presents numerous opportunities, making an informed decision requires careful evaluation of several key factors that will impact your daily work experience and long-term business success.

Operating schedules deserve primary attention, as they must align with your work patterns and client requirements. Pinnacle House maintains staffed reception services from 9 am to 5 pm, Monday through Friday, though 24/7 secure access ensures members can work according to their preferred schedule. Consider whether these hours complement your business requirements and client meeting expectations.

Space availability fluctuates in response to demand and seasonal patterns. Popular meeting rooms and dedicated offices may require advance booking, particularly during peak business periods. Understanding the reservation system and availability patterns helps prevent workflow disruptions when you need specific spaces for crucial meetings or focused work sessions.

Technology infrastructure varies significantly between providers, making it essential to verify that connectivity meets your specific requirements. Community dynamics also play a crucial role in your coworking experience, as the professional environment directly influences productivity and networking potential.

Discover your coworking space today

Whatever your requirements, we can help you locate the right space for you. From an occasional desk through to a virtual office when your business grows, call 01733 857600 or email info@pinnaclehouse.co.uk to discuss how we can help. You can also book a tour to see our workspaces for yourself; you might just discover your optimal coworking space.