A strategically placed location for the industrial and business sector, Preston has been subject to £millions of recent investment and as a result has seen new enterprise migrating to the city across a range of sectors. Not only has productivity been reported to have surpassed that in neighbouring Liverpool and Manchester, Preston has also been named the most improved city in the UK in a report by Pricewaterhouse Coopers, beating Hull in 3rd place and Liverpool and Manchester in 8th and 10th position respectively.

With a number of major investments currently underway, Preston’s economic prospects are on the rise which is reflected by the increased private sector interest we have seen from businesses large and small. Its close proximity to larger cities such as Manchester and Liverpool, as well as the extended Northern motorway network each go in its favour, whilst the recent modernisation of the city centre and developments to the university campus, have also given the city a boost.

As Manchester becomes more expensive, Preston is becoming the next best option and in many respects is far more accessible and convenient. With enviable transport links, excellent employment rates and rising house prices, there is an air of confidence which continues to drive and attract new investment.

Offering rising opportunities to tenants in the industrial, retail and distribution sector, Towngate is pleased to have established a presence around Preston and the north west region, providing excellent access to the rest of the UK from the area.

The City of Preston is a genuine and attractive alternative to it’s larger competitors in the region and is demonstrating key indicators for continued growth in the future.