Why Cheltenham is the perfect home for your Business

Why Cheltenham is the perfect home for your Business

Monday 05 August 2024

When considering where to start or base your business, the choice of location can be as critical as the business plan itself. For companies looking to thrive in a vibrant and supportive environment, Cheltenham offers an ideal setting. Here’s why we think Cheltenham, should be your business's new home.

Strategic central location

Cheltenham is strategically located in the heart of the UK, providing excellent connectivity to major cities such as London just two hours away, and Birmingham and Bristol an hour away. With easy access to the M5 and M4 motorways and efficient rail links, businesses in Cheltenham enjoy seamless logistics and transportation options. The town even has its own commercial aviation airport. This strategic location ensures that companies can easily reach their clients and partners, making it a prime spot for businesses looking to expand their reach.

Economic Growth and Support

Cheltenham has seen significant economic growth in recent years, with a strong focus on innovation and technology. The town is part of the emerging "Cyber Central," a key component of the UK’s cyber economy and will soon be home to the Golden Valley Development. This growth has been supported by government initiatives and investments, creating a fertile ground for new businesses. Other key economic sectors include manufacturing, professional services, financial services, as well as retail and hospitality.

Cheltenham has a vibrant and active Chamber of Commerce and strong county-wide networking and support organisations in Circle 2 Success and Gloucestershire Chamber of Commerce. The town also has its own Growth Hub based in Minster Exchange, part of the wider country wide Growth Hub network. Gloucestershire also has its own Business Show with a mix of exhibitors, seminars and workshops, that has been running since 2015. Eagle Tower also hosts a networking breakfast for its tenants that takes place every other month.

Business-Friendly Environment

Cheltenham offers a supportive environment for businesses of all sizes. From networking events to business support services, the town actively encourages entrepreneurship and innovation. There is a strong ethos in the area of buying local and supporting local businesses.

Access to a skilled, well-educated workforce

Cheltenham has a rich pool of talent and potential employees, this is further fed by strong local state and independent schools and further education establishments. Over 40% of the Cheltenham workforce have a degree qualification or above and good transport links make it viable for people in the surrounding area to commute into Cheltenham.

Benefits for Employees

Arguably just a important as the business benefits are the benefits for your employees of your business being based in Cheltenham.

Quality of Life

Cheltenham is renowned for its high quality of life, making it an attractive place for employees. The town offers a perfect blend of urban and rural living, with beautiful parks, a great selection of bars and restaurants, and a vibrant, great cultural and sporting scene. Employees can enjoy the famous Cheltenham Festivals, which celebrate literature, jazz, science, and more, providing a rich and diverse cultural experience. The fact that that the town has over 20 Festivals led to the town branding itself as The Festival Town.

Affordable Living

Compared to larger cities like London, Cheltenham offers a more affordable cost of living. Housing is more reasonably priced, and the town provides a range of options from modern apartments to charming countryside homes. This affordability allows employees to enjoy a comfortable lifestyle.

Excellent Educational Establishments

For those employees with school age children, Cheltenham has a very strong selection of state and private schools (including Cheltenham College, Cheltenham Ladies College and Dean Close School). Cheltenham is also home to Gloucestershire College with its rich vocational, further education programme and the University of Gloucestershire.

Work-Life Balance

Cheltenham’s relatively compact size means that employees can enjoy a short commute, leaving more time for family and leisure. The town is surrounded by the stunning Cotswolds, offering endless opportunities for outdoor activities such as walking, cycling, and exploring picturesque villages. This access to nature, combined with a supportive community, ensures that employees can maintain a healthy work-life balance.

Choosing Cheltenham, as your businesses location, offers a multitude of benefits. From its strategic location and thriving business ecosystem to the exceptional quality of life it provides employees, Cheltenham is the perfect home for your business. Eagle Tower, with its premier office space, enhances these benefits, ensuring that your business not only survives but thrives. Make the move to Cheltenham and discover the perfect balance of business success and employee satisfaction.

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