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For practical advice on choosing the right business premises and setting up your workplace visit gov.uk.

Information on available premises in Portsmouth can be found below - alternatively visit Invest in Portsmouth for a comprehensive business premises search, as well as local economic information.

Business Premises Renovation Allowance (BPRA) is a capital allowances incentive for eligible costs incurred when a business premise situated in a qualifying 'assisted area' ward, is returned to business use after lying unused for at least 12 months.

100% initial capital allowances are available for qualifying renovation expenditure, meaning businesses can obtain a deduction against profits for the full costs of renovation in the year expenditure is incurred.

Four Portsmouth wards have been granted 'Assisted Area' status until 2020:

  • Copnor
  • Paulsgrove
  • Nelson
  • Charles Dickens

Follow the link to find out more information on BPRA, including what constitutes a qualifying expense, or to check whether a premises is within a relevant ward area.

The Portsmouth Enterprise Centre was the first purpose-built centre for start-up and micro-businesses in Europe. The council also owns and manages Challenge Enterprise Centre and Victory Business Centre to provide start-up units for office and industrial use that are available on flexible terms for up to 130 start-up and small businesses.

The aim is to help increase business start-up rates and provide a 'first premises' solution for micro businesses.

Find more information on our Business Enterprise Centres page.

Lakeside North Harbour is an established office campus, covering an area of 101 acres and comprising over 600,000 sq ft of office accommodation.

Lakeside is a 285,846 sq ft building that has recently undergone a £13 million refurbishment, including a stunning glazed atrium.

It is now available to let with four floors of 71,881 sq ft, individual suites from 3,000 sq ft and managed office solutions.

Already home to a number of established companies, including Coffin Mew, Capita, Regus, Handelsbanken, Molex and Wiggle, Lakeside is one of the best business locations available in Portsmouth.

The latest purpose built centre, The Technopole innovation centre opened in Spring 2002 and although it shares the same broad aims as the enterprise centres, its focus is on encouraging high-technology companies to set up and grow.

In 2008 Regus established its Portsmouth operation at Lakeside North Harbour providing fully serviced offices and meeting rooms. Therefore in addition to the locally and regionally provided serviced office solutions there is now a global offer in Portsmouth. Visit the Regus website to find out more.

The Cathedral Innovation Centre was founded in a partnership between the Royal Society of Arts and local organisations. The Cathedral Innovation Centre provides bespoke support to start-up and growth ventures and its own innovation programme.

As well as working with ventures in the food, tourism, technology and property sectors it specialises in supporting entrepreneurial responses to pressing social needs.

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