Premises Full As Demand For Business Units In Wiltshire Increases
HPH Ltd has seen increased demand for business units across the county showing that businesses in Wiltshire are thriving.
Lindsay Holdoway, Managing Director of HPH Commercial Property which owns and manages a range of properties throughout north and west Wiltshire says his company has seen an increase in enquiries and letting deals during recent months.
“There are definitely emerging signs that Wiltshire has turned the corner. We have seen increased demand. Our units at Woodland Industrial Estate in Westbury and offices at Bewley House in Chippenham are at capacity and we are receiving more enquiries than we are able to fulfil. Some occupiers are finding it very hard to find the accommodation they need.”
“This is a strong indication that business in the county is beginning to thrive once more. Wiltshire is a logical choice for many types of businesses due to its transport connections, labour availability, central location and attractive lifestyle..”
Mr Holdoway hopes that this trend is set to continue, “Projects such as the redevelopment of Langley Park and Hathaway Retail Park in Chippenham, which includes the creation of a new Asda superstore, will increase demand further as new businesses are attracted to the area alongside existing ones. There will also be businesses displaced by the redevelopment and it is important that Wiltshire has the supply to ensure they remain in the county.
Lucy Newmarch-Christensen from the Wessex Chamber of Commerce added, "In recent months the signs have grown for members of the Chambers of Commerce that order books are picking up, we are now reaching the point where this commitment is being realised.”
“Many members are growing their workforce as they need staff to deliver on the commitments, and some are starting to find that current premises cannot cope with this increase in demand. As well as businesses wanting to move here, we have a stronger survival rate in Wiltshire for new businesses than much of the UK, all these factors mean that competition is fierce to find premises that suit."