Economy of Stoke on Trent
The Stoke on Trent area has a population of over 500,000 in the six towns known as “The Potteries” which were combined in 1925 into one city. There are over 700,000 within the surrounding areas. Stoke-on-Trent is linked to the M6 and M1 motorways, the latter accessed via the A50 dual-carriageway. Its mainline railway station is a well-used stop on the West Coast Main Line. The area is known globally as the Potteries where the mass production of household ceramics took place. Stoke-on-Trent and North Staffordshire remains a global centre for fine ceramics, with a number of the world's leading ceramic brands and manufacturers operating in the city. In 2004 KPMG said Stoke on Trent was the most cost effective location in the UK to set up a new business.
Stoke on Trent Industrial and Office Property
There has been a substantial development of business park accomodation in the area with Trentham Lakes, Etruria Valley, Radial Park and it's Sideway extension, Victoria Business Park, Chatterley Valley, These developments have created over 2 million sq ft of new industrial, distribution and office space in Stoke on Trent.
Keele University Science and Business Park, part of the Ultimate Campus University project, currently has over 150,000 sq ft of office and laboratory space and is home to over 50 established businesses. The Science Park currently serves biotech, medical, IT and the service industries, and has space for more.
Stoke on Trent Retail Property
Retail for Stoke on Trent means the Potteries Shopping Centre in Hanley to 1.2 million visitors a month, and this is due to be supplemented by a new City Sentral Mall development in Stoke. However without any strong tenant interest this at present, this development may not proceed. Headline rents at the Potteries Shopping Centre are £175psf, it is anchored by Debenhams and Primark.
Stoke on Trent Leisure and Hospitality Property
The Festival Park complex has been the city’s primary leisure destination since it opened in 1997. Located just a few minutes drive from city centre, it is home to a ten-screen cinema, ten-pin bowling, and Waterworld,the UK’s most visited indoor aqua park.