Gloucester-Investment-Guide-V1.Pdf

Gloucester A GROWING, AMBITIOUS CITY Welcome to Gloucester Gloucester has seen significant growth and investment within the last few years. The facts and figures speak for themselves.

£700 million of private sector investment has been secured in the city. Most recently we signed an agreement with Stanhope for a £60 million redevelopment of Kings Quarter in the heart of Gloucester. Work is underway on a £34 million high-quality retail and business park at Triangle Park. The Peel Group is to spend £60 million on a leisure development including a new health and fitness club, 10-screen cinema and restaurants. In the last two years, strong investor demand has seen over 350 businesses start-up, relocate or expand their existing operations. The city is bucking the national trend. One major developer commented why they were investing locally in the current economic climate that “Gloucester is where it is all happening”. Gloucester has seen strong sector growth in ICT, aerospace and advanced engineering, tourism, finance and insurance, creative industries and healthcare. In addition to big name developers, Gloucester has also seen an increase in smaller start-up businesses too, reflected in the recent Duport Business Confidence Report. “The increase in UK company share suggests Gloucester is becoming more important to the national economy” Peter Valaitis, Managing Director, Duport Associates Ltd Gloucester City Council has extended its successful grants programme by offering a new £120,000 package of grant support to help start-up and expanding businesses with their rents, business rates and property repairs. Cash help with business rates has been welcomed by many businesses. In addition to grants, information and advice is available to businesses including marketing, training and skills support, subsidised workspace and excellent networking opportunities. Gloucester is also generating a variety of interest nationally and internationally, through achievement of various best practice awards - opportunities are being created by the city’s dynamic approach to sustainable development and growth. We urge you to take a closer look at the Gloucester offer. Paul James Julian Wain Leader Chief Executive Gloucester City Council Gloucester City Council

For more information, please contact Gloucester City Council’s Enterprise Award winning Economic Development Service on 01452 396972 / 74 / 86 or [email protected] or visit www.gloucester.gov.uk/business

GLOUCESTER PROSPECTUS 2 Gloucester Docks - Stunning waterside location GLOUCESTER PROSPECTUS 3 Here’s what some of our MessageLabs was founded in Gloucester and quickly grew to become an international business employing over 500 people. As a result of this success the business was acquired by Symantec in 2008 businesses and investors say... for $700 million. As part of Symantec, our growth and commitment to Gloucester has continued. David Francis, VP Operations, Symantec Hosted Services

Stanhope, one the UK’s leading development companies, is proud to be appointed I am a worldwide exporter of the highest quality men’s shirts, exporting to America, Japan and India and by Gloucester City Council as development partner for Kings Quarter. Gloucester with a shop in London’s Jermyn Street. There is a vibrant feeling about Gloucester that attracted me to offers a great opportunity to attract new retailers and leisure operators to the city the city and makes it a superb investment for businesses. centre. We have received excellent support from the City Council. Emma Willis, Shirt Designer & Managing Director, Emma Willis Shirts Martyn Chase, Managing Director, Stanhope Gloucester is an excellent location for our company as the city has a highly skilled workforce within the Gloucester is a unique city with an outstanding heritage, an enviable business sectors in which we operate. The city’s dynamic approach to regeneration and business support is seeing location and offers some excellent investment opportunities. LXB were attracted by it become a leading contender within the South West. The Group has its origins in the South West and is Gloucester’s strong growth potential, especially its growing, young population, highly delighted to see the area benefit from inward investment. creative skilled workforce, and the City Council’s positive pro business attitude. Bob Holt, Chairman, Mears Group The city is forging ahead and will be a key player in the region for years to come. Nick Alford, Property Director, LXB Retail Properties When we opened Gloucester Quays Designer Outlet in May 2009 we were creating a new shopping and leisure experience - a mixture of high street names and designer brands with 60% off recommended retail price, coupled with waterside bars, hotels and restaurants. Gloucester offered the ideal location with Ecclesiastical has been part of Gloucester and its community for over 35 years. its demographics, unique dockside setting and heritage - it made sense! Our decision to build our new headquarters in Gloucester Docks reflects our commitment to the city and its people and our firm belief in the development Alison Tennant, Peel Holdings (Management) Limited potential and future of Gloucester. Michael Tripp, Group Chief Executive, Ecclesiastical Insurance Group

an enviable business location

A growing city A quality investment Designer shopping at destination Gloucester Quays

GLOUCESTER PROSPECTUS 4 GLOUCESTER PROSPECTUS 5 CREATIVE INDUSTRIES CLUSTER FINANCE & INSURANCE CLUSTER Growing Sector Clusters The creative community has grown rapidly in recent Gloucester’s financial services sector is thriving. years with the Blackfriars and Westgate Street areas Specialist insurer Ecclesiastical has committed to having established themselves as a hub for creative building its new start-of-the-art HQ within the AEROSPACE & ADVANCED ENGINEERING CLUSTER businesses. city centre.

The Gloucester area is home to world leading aerospace and These areas are home to a world renowned, Other leading companies with a strong presence advanced engineering companies providing cutting edge bespoke, designer shirt maker, Gloucestershire include Ageas, PRO Insurance Solutions and JLT technological products and services, which range from electrical Arts and Craft Centre and Quays Creative, which Group. and precision engineering and medical instrumentation and device provides subsidised quality workspace for small development to aircraft manufacture and design. Gloucester also businesses. Just next door is the UK’s first Global ICT CLUSTER Language Immersion Centre offering specialist has a growing nuclear cluster. language facilities and also exceptional ICT / Gloucestershire supports a growing cluster of conferencing facilities for creative and innovative information security, web hosting, CAD/CAM businesses. development, defence communications and security,

Businesses include: ICT infrastructure development and IT content Gloucester has a national reputation for being an management businesses. ABS Consulting Magnox outstanding film and TV filming location. Gloucester ArmourWorks Megacon Controls Cathedral and its Cloisters have provided a backdrop There are numerous start-up success stories with ARRK Rapid Prototyping Messier-Bugatti-Dowty for the Harry Potter films and the BBC’s Shakespeare many indigenous businesses growing to become British Energy (EDF Energy) Moog Controls Ltd season, while the Docks area is a magnet for film market leaders, such as MessageLabs (Symantec. Brooks Inspection Solutions (part of National Nuclear Laboratory makers. cloud), which was sold to Symantec for $700 million. Rolls-Royce Group) Nuclear Decommissioning Authority Which? Magazine recently voted Gloucester Worldwide ICT companies see Gloucester as an Corin Group Poeton Industries Cathedral as the UK’s joint second historic attraction outstanding location, including US firm InterCall, Darchem Insulation Systems Prima Dental Group with over 320,000 annual visitors. Its location, which has based its European Corporate HQ in G-TEKT Europe Manufacturing Renishaw adjacent to the creative hub, supports a growing the city. Limited (G-TEM) Serco creative community, as well as being home to GE Aviation Systems Severn Glocon Group a stonemason training centre, one of only nine It is no surprise Gloucester is rated as the second Helipebs Controls Sorin Group UK attached to cathedrals in England. most IT literate place in the UK. Honeywell Global Tracking Spirax-Sarco Engineering Horizon Nuclear Power Summit Medical Group HSE Nuclear Directorate

GLOUCESTER PROSPECTUS 7 Investment - The Facts CURRENT MAJOR INVESTMENT COMPLETED DEVELOPMENTS INCLUDE

• £1 billion regeneration programme £60m Kings Quarter Retail & Leisure • £700m private sector investment secured to date 200,000 sq ft retail development by Stanhope • Stunning waterside development of Gloucester • Over 1,000 new jobs and 700 new homes created for new shops, public squares, leisure venues Quays Designer Outlet Centre, home to many • 121,700 population in 2011 (10.7% growth since 2001) and a new bus interchange (Development world class brands • Over 20% population increase expected by 2035 agreement signed) • St Oswald’s Retail Park is a significant mixed • 8.1% working age population increase expected by 2035 use development • £362m retail spend in 2010 £60m The Quayside • 2m annual visitor trips spending £126m Leisure and dining development by The Peel Education • Strong annual pay: Group to include a health and fitness club, • New Gloucestershire College campus Gloucester - £25,010 10 screen cinema and restaurants, opening supporting the city’s growing young population Gloucestershire - £24,918 Autumn 2013 • Global Language Immersion Centre opening South West - £24,436 Gloucester to the world £34m Triangle Park Creation of an outstanding retail and business Infrastructure Projects environment by LXB, opening 2013 • Public realm improvements including the £7m Linkages Scheme creating a vibrant £16.5m Elmbridge Transport thoroughfare between the Docks and city centre Construction of a 1,000 space Park & Ride / • South West Bypass and the St Ann Way / transport interchange, express bus service High Orchard Bridge link opening up city and major highways improvements centre development opportunities

£1 billion regeneration programme

St Oswald’s, home to one World class language New FE college nurturing of B&Q’s largest stores immersion facilities tomorrow’s talent

GLOUCESTER PROSPECTUS 8 Linkages Scheme - £7m investment in the public realm GLOUCESTER PROSPECTUS 9 Did you know?

707 listed buildings • The city is the birthplace of • Oxstalls Tennis Centre in Robert Raikes, founder of the Gloucester was voted 2011

including 37 Grade I Sunday School Movement, John Tennis Club of the Year by the Stafford Smith, who composed Lawn Tennis Association • Which? Magazine voted the American National Anthem, Gloucester Cathedral as joint and Jemmy Wood • 218,790 rugby fans watched second historic attraction in Gloucester play at Kingsholm Britain alongside the Houses • The historic Roman streets, during the 2011/12 season. of Parliament magnificent Norman Cathedral Officially the most passionate and Victorian Docks have been fans in the Premiership • The city boasts the most used for various film and TV complete Dominican Priory productions, including various • Gloucester is the gateway to in England and the UK’s most Harry Potter films, Doctor Who, the scenic Cotswolds and inland port Amazing Grace, The Colour of Forest of Dean. Magic, Outlaw, These Foolish • Gloucester is home to the Things, The Onedin Line and production of various jet fighters Vanity Fair. The BBC recently used in WWII, including the first shot Shakespeare’s Henry IV British jet aircraft the E.28/39 and parts 1 and 2 and Henry V at the Gloster Gladiator the Cathedral

Over 2,000 years of history offering a rich heritage of some of the UK’s finest buildings, monuments and architecture

GLOUCESTER PROSPECTUS 11 M1 The Catchment Area 30min contour • 435,934 M69 60min contour • 2,701,706 Birmingham M6

90min contour • 8,402,453 An Enviable Business Location M40 M1 M5 Northampton • 8,400,000 people live within 90 • Within the city’s core catchment • A centre of manufacturing minutes travel time area there are higher than excellence including aviation, M50 M1 average “wealthy executives”, technical and engineering Luton • 4,200 businesses in Gloucester “affluent greys”, “flourishing developments Gloucester with approximately 63,500 families” and “secure families” Oxford employees • Wide choice of hotel and Swansea • Excellent business premises at conferencing venues ranging M40 • Local airport, plus easy access from international hotels to M4 competitive rates ranging from Bristol to international airports of unique historic venues for a M4 Cardiff London bespoke built, contemporary Swindon M4 Reading Birmingham, Bristol and Cardiff truly memorable setting offices and industrial units at M5 M25 • Centrally located bus and rail the city’s business parks to • Gloucester and the local area interchange converted period premises offer an excellent range of high in the Docks quality business accommodation. • Over 58% of the immediate From budget accommodation population falling within the • High quality incubator to international hotel chains and ABC1 socio-demographic workspace and flexible and intimate friendly guesthouses, M5 profile virtual office space available the city caters for all

Exeter

• Outstanding location and transport infrastructure near M5, M4 & M50 motorways • Gateway to urban hubs of Bristol, Birmingham & Cardiff

Office Industrial Retail Attractive rental and Bath £18.50 £6.25 £225.00 Fantastic relocation packages Bristol £27.50 £7.50 £200.00 Cardiff £20.00 £5.00 £230.00 catchment Exeter £16.50 £6.00 £175.00 area Gloucester £11.50 £6.00 £100.00 Source: Alder King Property Consultants, Market Monitor 2012 Plymouth £16.00 £5.90 £175.00 Outstanding conferencing Converted period offices at Thriving, high quality facilities Westgate Business Centre business parks

GLOUCESTER PROSPECTUS 12 GLOUCESTER PROSPECTUS 13 A Young, Skilled and © University of Gloucestershire © University Educated City

• 39% of people are under 30 • The UK’s first Global Language Immersion Centre offering language • 25% are under 20, the highest in the teaching and learning for businesses South West • High employment rate at 76.6% - • 17,130 college and university students Gloucestershire 75.5%, South West 73.6% and Great Britain 70.3% (2011). • Top performing education providers Centre for Cities state, Gloucester is including campuses for the University ranked 5th out of 64 cities for having of Gloucestershire and the University the highest employment rate of the West of England (UWE), a large multi purpose FE College, four non • 50% of workplace employment fee paying grammar schools and concentrated in Managerial, training providers Professional and Technical occupations • The city has one of the UK’s greenest Universities • High concentration of knowledge jobs (51%) - Gloucestershire (48%) and • Over 30% of Gloucester’s working Great Britain (45%) age population has achieved NVQ4 or higher • Over 100 languages and dialects are spoken within the city, reaching out • Second most IT literate place in the UK to markets right across the globe

GLOUCESTER PROSPECTUS 14 History of nurturing talent GLOUCESTER PROSPECTUS 15 World famous sporting heritage A Great Place to Live and Work

Stunning heritage, award-winning attractions, exciting festivals, must-see events, attractive retail outlets and sporting excellence - Gloucester has it all!

SHOPPING IN GLOUCESTER Alongside high street stores and modern shopping centres, Gloucester offers an array of unique and fascinating specialist shops, markets and boutiques, while the Victorian Docks is home to the new Designer Outlet Centre.

EATING OUT Unique city centre café culture The city offers a range of contemporary and traditional restaurants, wine bars, pubs and coffee bars. From waterside restaurants, to independent eateries in traditional historic surroundings you’ll find a myriad of local, regional and international cuisine. A unique café culture is bustling in the city with no council charges for locating tables and chairs outside pubs, cafés and restaurants.

LIFE AFTER DARK Gloucester’s nightlife varies from intimate restaurants, traditional 17th century pubs and a restored Victorian theatre, to modern cinemas, leisure complexes, bowling alleys and a lively club scene. Gloucester Guildhall is Heritage of colourful events and markets one of the premier arts and music locations in the county, attracting acts including Lily Allen, Pete Doherty, Ash, Athlete, Germaine Greer and Tony Benn MP.

LOCAL, NATIONAL AND INTERNATIONAL EVENT Cultural and sporting events are at the city’s heart. Events include the renowned Tall Ships Festival, Gloucester Quays Food Festival & Garden Party, History Festival, The Hempstead Motorcycle Festival, Heritage Open Days, The Summer Festival, The Victorian Christmas Festival and international rugby. Gloucester was also a London 2012 Olympic training centre and has bid to become a Rugby World Cup 2015 host city.

GLOUCESTER PROSPECTUS 16 Tall Ships attracting 80,000 visitors GLOUCESTER PROSPECTUS 17 Tradition of growing local businesses A Supportive Council

A range of incentives and free practical support, advice and business network connections is offered by Gloucester City Council, including:

Business Grants Other advice and support includes • Rents, rates and property • Property and site searches repair/facelift • Business growth • Information and support • Recruitment • Heritage • Skills development • Networking Business Support Programme • B2B business directory free listing Subsidised business start-up • Competitive rate planning courses, workshop training and pre-application service one-to-one business advice by a • Funding bid opportunities professional business mentor • Demographic reports • Signposting to tender opportunities, Incubator Workspace finance, exporting and Quality subsidised small business environmental information office space

GLOUCESTER PROSPECTUS 18 City_0127 11/12 GL1 2EQ The Docks, Gloucester Warehouse Herbert Economic Development Service Gloucester CityCouncil W: www.gloucester.gov.uk/business E: [email protected] T: 01452396972/7486 Gloucester