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Commercial property to let in Stafford

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Further information for commercial property to let in Stafford

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Commercial Property Guide: Stafford

A historic county town in Staffordshire, Stafford enjoys a convenient location in the West Midlands. Just 24 miles outside of Birmingham, the town offers an array of independent and national retailers combined with charming cobbled streets and busy office parks.

The town’s population was nearly 64,000 in 2001, while the wider borough of Stafford’s population was 122,000.

Rental costs are up to 64% lower in Stafford Borough than nearby Birmingham or Manchester, making the area a popular location for businesses. Stafford Town Centre is currently undergoing a £500 million redevelopment, with improvements to its infrastructure along with new retail facilities and housing. All of this makes Stafford an up-and-coming destination for investors.

Prominent local industry

Stafford’s long been associated with the shoe manufacturing industry, from William Horton in the 1700s to Lotus Shoes, which closed its local factory in 2001.

Electrical engineering has been a major economic force in Stafford since 1903, with works owned and operated by a number of major international firms. Siemens, English Electric, Areva and GEC have all operated in the area. Power station transformers are manufactured by Alstom and Schneider Electric. Perkins Engines manufactures diesel engines in nearby Littleworth, and adhesives manufacturer Bostik has a presence in Stafford as well.

Computer engineering is taught at the local Staffordshire University, which houses the Faculty of Computer Engineering and Technology on campus.

Additional major employers in the area include local bodies such as the Stafford Borough Council, Staffordshire Police, and Staffordshire County Council. Stafford Prison and County Hospital are also located here.

Economic and business developments

Stafford’s town centre is undergoing a period of growth and regeneration. The £70 million Riverside retail development is near completion, offering new parking facilities, shops, restaurants, and a cinema. This new development is expected to provide residents with a wealth of new job opportunities.

New housing developments are planned for Stafford, in order to meet the demand of a renewed town centre. Just outside of town on the A34 Stone road, the Redhill Business Park is currently under construction. It’s been created by the Staffordshire County Council with the help of a £10 million investment. General Electric is working on building a facility on one of the plots for this new park, allowing for greater expansion.

Another development in the works is the Triton Project, estimated to be completed in December 2016. This is a joint project between Birmingham-based Trebor Developments and US-based Rockspring. The final project is expected to be 115,000 square feet of industrial space to meet the growing demand for engineering premises.

Notable commercial locations

In addition to the industrial developments mentioned above, Stafford is home to bustling retail environments. The Riverside will be one of the town’s main retail arenas when it is completed.

The Guildhall Shopping Centre is currently Stafford’s major shopping outlet, with 40 retailers on the premises. There are a number of office parks in the vicinity, with Dunston Business Village being one of the most notable.

Situated on a 25-acre site just off of junction 13 of the M6, Dunston Business Village offers 60,000 square feet of office space.

Staffordshire Technology Park is home to the Business Innovation Centre, which offers commercial space rented out by the Staffordshire County Council. Businesses in the Technology Park include film production and ecommerce companies among others, many with a digital slant.

Notable commuter hubs

Positioned in the West Midlands, Stafford is well-connected regionally. It’s located just off Junctions 13 and 14 of the M6 motorway, and the town boasts its own railway station with regular services operated by Virgin Trains and CrossCountry.

For those commuting into Stafford from the surrounding countryside, there are a number of desirable villages in the area. Uttoxeter is located to the northeast of Stafford up the A518, while Penkridge and Wolverhampton are a short distance away via the A449.

The neighbouring market town of Stone offers historic buildings and is known as the Food and Drink Capital of Staffordshire, making it a top destination for regional foodies.

Stafford itself is considered to be a commuter hub for nearby Stoke-on-Trent and Birmingham, both a short drive away. Manchester is also within easy reach, as is London’s Euston Station for rail commuters.

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