Why let commercial property in the Northampton area?
If you are thinking of launching a new business in the East Midlands, Northampton is a good strategic place to start searching for a head office. Research has regularly shown that the town is one of the best in the UK for business start-ups, with 43 new businesses registered here per 100,000 population. That places it on an equal footing with London and is significantly above the national average of 12 new firms per 100,000 citizens.
One of the benefits of Northampton for new and growing businesses is its central location. Northampton town centre and the surrounding area is just 60 minutes from the capital, as well as influential cities of commercial and cultural importance like the ‘Second City’ of Birmingham, Cambridge and Oxford. These cities are easily accessible via road, with the M1 motorway skirting to the south-west of the town. In addition, the town’s train station is handily placed on the West Coast Main Line, serving routes to London Euston and Birmingham and Crewe to the north.
The town and the county of Northamptonshire in general offers a wealth of support for start-ups and ambitious SMEs. The Northamptonshire Enterprise Partnership (NEP) merged with the South East Midlands Local Enterprise Partnership (SEMLEP) in 2016 to create an overarching LEP for South East Midlands. It has since embarked on an ambitious local industrial strategy, with innovation and connectivity at its core. UK government funding has enabled the South East Midlands LEP to fund capital projects under the Local Growth Fund umbrella.
Another attraction for businesses to lease commercial property in Northampton is its value for money. Our flexible leases are typically more cost-effective in Northampton than any of the commutable cities mentioned above, providing a sustainable base for businesses to grow.
The Northampton Waterside Enterprise Zone has been another ambitious project, improving inward investment and attracting new businesses to the town. It’s now the UK’s biggest urban enterprise zone.
At Pall Mall Estates, we own and manage business space across Northampton and neighbouring towns across the East Midlands that are ready for use from day one of your lease. With units starting from 16,470 sq ft up to 44,240 sq ft, our spacious premises are ideally suited for light industrial start-ups or established firms seeking new space from which to grow.
If you would like further information on any of our available business units to let in Northampton, our friendly and experienced property agents are here to help. Feel free to pick up the phone and call us today on 020 8108 7112 or drop us a line using our online enquiry form to outline your specific requirements.