As Stockport’s major plan of investment attracts business in Stockport, Greater Manchester Business Week is running a series of articles honing in on Stockport’s business community and examining the impact that this is having in the town.
With regular commentary from the legal eagles at SAS Daniels, business leaders across the borough have their say on what the future holds.
Stockport is in a boom as a result of the investment as new companies look to relocate.
In the first of a regular review, Marketing Stockport founding member, Rhys Owen, leasing director for Orbit Developments commented:
“Three years ago we were marketing commercial space in a town suffering from long-term under investment. Today we have a very different story to tell. Six months into 2017 and we are seeing the results of the £1bn investment programme; we have experienced significant growth in leasing enquiries across our 12-strong Stockport portfolio. Several properties are now completely full following record breaking years in 2015 and 2016, but what is proving interesting is the new type of customer being attracted to the town centre for the first time.
“These businesses are looking for the quality of workspace previously only associated with city centres; they are creating new demand for larger floor-plates and have the ability and the will to pay higher rents.”
Stockport town centre has recently become home to Acuma Solutions, Click Finance, Wrightsure Insurance Group, Music Magpie, Travelodge and Holiday Inn Express.
Rhys added:
“Changes we see now started years ago in conversations in businesses, including our own, within Council walls are now coming to fruition and do more than build property.
“The vision was to rebuild some pride in Stockport. The enhancements and investments that we are now seeing is playing a huge part in attracting new successful companies to the town, which in turn will help drive its whole future economy.”
Read more at Greater Manchester Business Week