UK-based online marketplace, OnBuy, has announced a deal for new office space in Bournemouth Town Centre.
The move follows what it called an “incredible year of growth”, resulting in a need to scale up its headquarters to accommodate the influx of new employees joining the company.
OnBuy has seen its team expand to more than 100 members and it said it expects this number to continue to rise after the launch of its employee equity scheme in December 2021, making 100% of the team shareholders in the business.
Starting its journey in a small office space in Poole, the new headquarters – OnBuy House – will provide a 12,049 sq ft base for OnBuy’s growing team, to complement its Manchester presence and army of remote workers nationwide.
Onbuy will be occupying four stories of office space and ample break out areas, along with a roof terrace with sea views.
Cas Paton, founder and CEO of OnBuy, said: “We’ve always been on a steep growth trajectory, but we realised quickly that we needed to upgrade our space – particularly when we ran out of desks! While plenty of companies are downsizing in favour of ‘WFH’ or hot-desking, I’ve always believed in creating a space where our team can think, do and thrive.
“We have fully adopted the need for a hybrid model ensuring we attract and develop the very best talent, but the offices are here to be the heart of the company, to provide a fantastic hub for collaboration and a place to come and enjoy being at work.”
He added: “The Southwest is where OnBuy was born, and I truly believe that there is a world of talent beyond the M25 to be tapped into. We’re known for hiring the best and brightest, and with our coastal base we’ve been able to bring on board a range of people with diverse skills that will help take us to the next level.”
The formal move will happen in February 2022, where the OnBuy team will start to populate the space in line with Covid regulations.