St James Business Centre, the 80,000 square foot hub for SMEs on Wilderspool Causeway in Warrington, enjoyed a spate of new lettings and space up-sizes in Q2.
Five per cent of the building’s space was snapped up by a raft of new and existing tenants as the town’s economy continues to demonstrate its inherent strength. Data from the influential Centre for Cities thinktank shows Warrington to be one of the north’s most entrepreneurial business locations.
“The breadth of businesses in St James continues to grow and it’s something of an entrepreneurial hot-spot,” said building manager Laura Moore from Langtree, which manages the development as part of its Wire Regeneration joint venture with Warrington Council.
“Our latest lettings show existing tenants expanding and new tenants arriving, both solid indicators of the strength of the local economy and the quality of our offer in the building,” added Laura.
The new deals include:
Centre for Cities’ research shows that Warrington scores highly with key northern competitors on a range of metrics. Its business density (the number of businesses per 10,000 people) is 57% greater than Liverpool’s, whilst Warrington’s patent application rate is almost a quarter higher than Leeds’. Meanwhile, the town’s business start-up rate is more than 35% higher than Newcastle upon Tyne and almost three times higher than that of Manchester.