Jobs in Stoke!

 


Andy Lamb

8th November, 2011.

JOBS IN STOKE!

By Andrew Groves, Associate Director.

  

 

 

The route provides 27 miles of privately funded and operated highway from Coleshill in North Warwickshire to Cannock in South Staffordshire.  The road carried an average 47,592 vehicles on weekdays in the summer of 2010  and from my experience of the Toll Road, private cars form the vast majority of the traffic.

The M6 Toll Road was identified as an “M6 Relief Road” to alleviate congestion on the M6, which is something many people feel has not been adequately addressed and, with one way car tolls at peak periods of £5, this is something to be debated elsewhere.

From a property perspective the benefits have probably been more tangible than the traffic improvements.  The southern end of the Toll Road and the ‘T1’ junction close to J4 M6 coincided with some of the latter stage build projects at the Hams Hall National Distribution Park, a 430 acre business park which ranks as one of the best such employment parks in the UK.

Junctions T2 and T3 appear to largely function as commuter gateways for those living to the south and east of Sutton Coldfield from where national motorway access has improved considerably and the effect on house prices has been positive in these areas.

The access to Junctions T4 and T5 at Weeford and Lichfield has given a stimulus to residential and commercial property markets alike with possibly the biggest winner being the 300 acre Fradley Park, where some of the largest distribution buildings in the area have been built with more to come.  We are marketing the new Fradley Prologis Scheme with 70 acres and units to 700,000 sq ft available to be built and which will be on site shortly.

T6 Burntwood, a forgotten part of the West Midlands conurbation 10 years ago for business and for new build residential perhaps, has not quite been “transformed” but certainly “considerably improved”.

T7 & T8 and the Cannock access points to the Toll Road provided the catalyst that has helped to promote the former coal mining town into a first rate employment location.  Significant development of a cross section of employment type accommodation from offices to manufacturing and warehouse operations has bought vitality to Cannock which I think is largely due to the Toll Road passing the town’s doorstep.

For those drivers who still regularly sit stationary on the M6 between junction 8 and 10 bemoaning the state of the traffic and whether the Toll Road has done the job it promised, the tangible benefits are probably in property as much as traffic counts.  The commercial new build and viability of new schemes along the entire length of the Toll Road has been transformed since the road was built.

My colleague Peter Wood made some good points about Business Confidence and I thought I’d add a view from a little further up the M6 in Stoke.

Stoke-on-Trent defied national trends to gain more than 3,000 jobs last year, according to a new report.

The economic briefing, by London planning consultancy Nathaniel Lichfield and Partners (NLP), shows the city created 3,300 new jobs in 2010 – a 3.1 per cent increase.

This piece of news demonstrates the strength of some of the city’s manufacturing companies from the traditional pottery industries through to a more diversified base of companies. 

Of 330 local authority areas surveyed across England and Wales only 15 other areas showing growth had a bigger increase than Stoke-on-Trent.

According to the analysis, which is based on the Office for National Statistics Business Register and Employment Survey (BRES) 2010 data, private sector jobs in Stoke-on-Trent registered a 3.8 per cent increase, while public sector roles rose by 1.1 per cent.  Manufacturing jobs were up by 10.6 per cent, but services down 0.6 per cent.

With the recent announcement of projects in North Staffordshire being awarded funding under the Regional Growth Fund this promises further investment and hopes to fuel further new jobs and employment space.  Amongst those securing funding are JCB, Stoke-on-Trent Regeneration, Ceram Research and Steelite.

All good news for Stoke and North Staffordshire.


If you are thinking of relocating, selling or letting your commercial property, or if you just need some general advice, Andy would be eager to speak with you. Call him on 0121 4559455 or email andrew.groves@harrislamb.com.            

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