5 Reasons Growing Businesses Choose Heathrow
In this article, we’re setting out to explore some of the main reasons why businesses on the up are choosing West London as their base, and why when seeking commercial property to rent, Heathrow has become one of the most popular choices in this part of the capital.
West London has long been considered a lucrative place to locate a business, as well as an attractive place to work, making it all the easier to retain top talent. Home to more than 100,000 businesses, and with powerful economic drivers including the Golden Mile and Heathrow Airport, the area has become a vibrant hub for SMEs and multinational brands from a variety of sectors, all of which readily take full advantage of the area’s exceptional transport links which help to bolster invaluable working relationships.
Here we set out some of the top reasons why so many businesses choose to locate in West London.
West London has a higher population of start-ups and micro businesses than the rest of the capital, which is testament to the strong entrepreneurial personality of the region.
Almost a quarter (23 per cent) of businesses in the area are less than two years old, which is higher than both the London and UK averages. The Capital West London programme is in place to help these growing enterprises realise their full potential.
Home to multinational brands
Around a fifth of London’s overall GDP – some £50 billion - comes from West London’s thriving economy. Its flourishing industry hubs support the growth of companies in sectors such as creative, tech, media, financial services, food and drink, transport and logistics and pharmaceuticals.
The district is home to a number of multinational household brands, including Diageo, Sky, Disney, Cisco, SEGRO, Coca-Cola and British Airways, inspiring confidence in the solidity of the region.
Access to a highly skilled workforce
Just under half (49 per cent) of those employed in West London are educated to degree level or equivalent, which is higher than the national average.
The region has more 16-year-olds going on to full time education than the rest of London, all of whom are well supported by the six universities the area has to offer. There is a strong tendency to pursue careers in scientific, professional and managerial professions.
Strong international links
£106 billion of goods were handled at Heathrow in 2016, giving the airport the title of the UK’s largest port by value. With 28 of the top 29 world cities ranked by GDP directly accessed via Heathrow, it is no wonder the surrounding area of West London has become a significant hub for international commerce.
Buzzing cultural scene
The cultural side of any business location plays a hugely important role when it comes to attracting and retaining the best talent, as well as entertaining clientele and trade partners.
West London offers a tempting array of arts, leisure, entertainment and history. From world famous museums such as the Natural History Museum, the Science Museum and the Victoria & Albert Museum, to Kew Gardens, the Royal Albert Hall and the iconic department stores of Harrods and Selfridges, all sitting alongside a vibrant and highly eclectic range of restaurants, bars and cafés, there really is something to appeal to every taste in West London.
Tempted to make West London your business base? Here’s why when looking for commercial property to rent, Heathrow could tick all the boxes.
If you are seeking commercial property to rent, Heathrow as a location could be ideal for you. As well as its fantastic transport links and access to potentially lucrative international markets, Heathrow is just 10 miles from one of the most iconic landmark buildings of West London.
Recently refurbished to exacting standards, The Mille is located on the Great West Road in Brentford, just minutes from Heathrow. The building offers a choice of commercial office space, including co-working spaces; fully fitted, serviced offices, and open plan offices for rent on a traditional lease basis.
Boasting contemporary décor and bathed in natural light, The Mille features all the comforts of home that today’s workforce readily demands, such as kitchens, an onsite café, a gym and shower facilities, lockers, and bicycle hire and storage.
Looking for commercial property to rent near Heathrow? Choose The Mille.
To discover more about sourcing commercial property to rent in Heathrow so that you can take full advantage of all the rewards this area of West London has to offer, you are welcome to contact one of our sole agents to arrange a viewing at The Mille.