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Locating in Ashford
Ashford at a Glance
Ashford is an expanding town which will
see significant change and development over the coming years
including many new homes and jobs.
Ashford is already attracting a strong trend of business development.
Its dynamic economy has seen massive growth both in
terms of population and employment throughout the last decade, and
the area now as a Gross Value Added or over £1.5 million.
It has a flexible and motivated workforce of around
46,000 and 5,000 businesses, drawing commuters from a catchment
population of 1.2 million within a 60-minute drive. More than 140 hectares of commercial development
sites are available, with a further 2million sq ft of office
development planned.
Key to its success as a business location is the
town’s almost unbeatable location, being at the hub of the High
Speed 1 (HS1) rail link to London – just 37 minutes away - with
excellent European rail, road and sea connections.
Businesses and employees also benefit from the
town’s excellent leisure offer, with two shopping centres and
access to stunning countryside and rural villages.
The table below provides key facts
on Ashford's current business position, and indicates the
vitality and potential of the local economy.
Key Facts
Area
|
|
Population
|
114,100 (2009)
Population change (1987-2007) 23%
|
Employment
|
46,000
|
Access to potential employees within a drive
time distance
|
20 minutes – 70,000
40 minutes – 534,000
60 minutes – 1.2 million
|
Unemployment
|
2.4% (Oct 2010)
|
Labour costs
|
60% less than London
10% lower than the rest of the South East
|
Headline companies
|
Brakes, Coty Rimmel UK Ltd, Eurostar, Givaudan (formerly Quest International UK Ltd),
Hitachi.
|
Number of companies
|
5,000
|
Key sectors
|
Wholesale and retail, construction, transport
and distribution and business services.
|
Education (schools)
|
50 (+ 3 specialist)
|
Shopping
|
Ashford Designer Outlet (3 million
visitors)
County Square (£65 million extension)
|
Travel road times to airports
|
93 minutes to Heathrow, around one hour to
Gatwick.
Two Kent airports at Lydd (London Ashford
Airport) and Manston (Kent International Airport).
|
Domestic Rail
|
London 37 minutes away by High Speed rail.
|
International Connections |
16% of foreign owned firms in Kent are based in Ashford taking
advantage of the International rail links and close proximity to
Europe.
|
Eurostar fact (passenger)
|
Direct daily services to Paris, Brussels,
and Lille, and direct trains to Eurodisney via Eurostar.
|
Port fact (freight)
|
2.3 million freight vehicles a year
(Dover)
|
Port fact (passenger)
|
Over 13 million passengers a year and two
cruise terminals.
|
Access time to universities
|
5 within one hour
|
Consumer access to London / Europe
|
360 million
|
Property fact (office rents)
|
68% less than London
|