Coworking company cuts rates to boost sense of community

Cost-of-living stresses affect businesses as well as individuals, so one local office space provider has cut its rates to encourage members to keep coming and building their connections.

OfficeTribe was launched in 2019 on Mount Pleasant, opposite the train station, and then added a second location in May 2021, in London Road near the end of the High Street.

Although members work for a variety of companies and for themselves, OfficeTribe lays on tea, coffee and fruit at the coworking site, and has a social programme to give remote workers a taste of office camaraderie.

There are about 70 desks across both spaces, in a mixture of hot desks, dedicated desks and private offices, and the social programme includes running, walking, trivia nights, art workshops and office parties.

“The rationale for the price reduction is threefold – affordability, flexibility and community,” said co-founder Tom Olden.

“We want our members in as often as possible to help grow our community of coworkers, meet each other more often to build relationships – work and social,” he said.

The company cut its day rate in March, from £20+VAT to £10.50+VAT, and last week slashed the unlimited monthly rate from £195+VAT per month to £100+VAT.

“We have always had monthly options but this is the most flexible and affordable we have ever offered,” he added.

“Our members know they can use the space as much as they need to at a very reasonable cost.

“But if they miss a day here and there to go to London or work from home, for example, they won’t feel they are wasting money.”

Office Tribe is at 16 Mount Pleasant and 8A London Road, and at officetribe.co.uk

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