Vital Business Statistics

Nottingham is fast becoming a global city and an increasingly popular destination for business to relocate to.

This is due to its thriving economy which has grown by 36% over the last five years to £12.1 billion and the low office operating costs. The average price for office operating costs is £28 per square foot which is the lowest cost out of all of the UK's core cities. Renting office space is reasonable as well at £18.50 per square foot, but business property prices are on the up meaning that has never been a better time to invest in the city.

Another key feature about Nottingham is its practicality for managing business logistics. It is no more than a three hour car drive away from all of the UK's major cities and is a 90 minute train journey to St Pancras. This fast link to St Pancras means that Mainland Europe can be reached in four hours by train, making international business links a feasible option from the middle of England.

The future for Nottingham looks very promising indeed with £3.5 billion being invested into its economy in the next ten years. If you are interested in setting up a new business, expanding your existing business, or moving to one of the fastest growing cities in the UK then please contact one of the Invest in Nottingham team on +44 (0) 115 915 5381 or email enquiries@investinnottingham.co.uk.


Commercial property rentals



Source: King Sturge Office Markets 2009; Knight Frank Sheffield Central Report 2008