Business is booming in Stockport. In the last couple of years, thousands of jobs have been created and millions of square feet of retail, industrial and office space have been developed and let. This is great news for the local economy, but why should you consider moving your business (and/or family) to the area?
1. Location is key
Situated to the south-east of Manchester, Stockport is in a prime location for business development. Its road and rail connections to Manchester, Liverpool and Leeds in the north and London in the south are fast and reliable, and yet the cost of housing and commercial premises is relatively cheap. It’s, therefore, an ideal base for startups and more established businesses that want the benefits of connectivity without the price tag associated with being based in large cities. Stockport is also close to Manchester Airport, making international trips a doddle.
2. Developments and investments are ongoing and set to continue
The recent completion of the Stockport Exchange - an ambitious development of offices, retail units, restaurants, parking and hotel rooms - has helped to secure the area a reputation as one of the country’s foremost business locations. Businesses big and small are being lured to the area by the relatively low property prices and decent transport links, and the council has committed to investing in housing and overall town development in the coming years.
3. Buy-to-let is big business
Stockport is ranked as the second best place to buy-to-let
. If you’re thinking of investing in property to let out, it’s clear that there’s a solid market for this, and it’s highly likely that you’ll make a decent profit. If you’re looking to move to the area, there’s no shortage of rental properties available, whether you’re looking for a short-term lease before buying or a longer-term contract. Property prices have increased significantly over recent years, and look set to continue to rise despite more investment being made into building new housing developments, so if you buy to live there or buy to let, you’ll make a good return on your investment.
4. Investment has made Stockport a nice place to live
Recent developments in the retail and leisure industries (including a £900 million investment in the town centre, £45 million in the Redrock Stockport leisure and entertainment complex and £7 million in the Market Place area to boost the independent retail and dining sectors) mean that even if you don’t work in those fields, you will find plenty to keep you entertained on evenings and at the weekends.
5. An all-round good quality of life awaits
Located close to the Peak District and Cheshire Plain, it’s easy to escape city life whenever you have free time. If you’re thinking of moving to Stockport with your family, there are plenty of good and outstanding schools to choose from and the abundance of shops and amenities in the town and neighbouring Manchester mean there’s no need for anyone to complain about feeling bored in the school holidays!
If you’re considering investing in Stockport, either as a landlord or as a business owner, bear in mind that we have three stores in the area
, two of which offer office space to rent as well as secure self-storage. We can take care of your belongings for as long as you need to get established, and we can store your stock and equipment when you’re set up.