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About Enterprise M3

ENTERPRISE M3 LEP drives the economic growth of the area by working with
businesses, key delivery partners and central government. We translate and
signpost opportunities for business and other partners including funding. We
bring people, business, public and not-for-profit sectors together and share
our insights and data. We do all this to make Enterprise M3 ‘the’ place to do
business.

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about Enterprise M3

Kathy Slack

Recent News

Enterprise
M3 Director, Kathy Slack, awarded OBE in New Year Honours List

Small
Business Saturday 3rd Dec - recognises the huge contribution small businesses
make to the UK economy

“Innovation
South” Consortium selected for Wave 2 of Government’s Science and Innovation
Audits

Chinese Vice Premier visits University of Surrey and Enterprise M3 supported 5 G
Innovation Centre as part of UK tour to forge closer Chinese-UK economic
relations

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Commercial Property Market Study
2016

Enterprise M3 has appointed consultants Regeneris Consulting and Aspinall
Verdi to refresh its Commercial Property Market Study. The main aims of
this study are to:

provide the LEP with a robust evidence base on commercial property market
conditions in different parts of the EM3 corridor;

analyse recent trends in the LEP’s priority growth sectors, and understand
the key location and property requirements of these sectors;

identify the key opportunities and challenges facing the commercial
property market in different parts of the LEP area, and

make recommendations on how the LEP and its partners can use their funding
and influence to address the strategic opportunities and challenges identified
in the report, and support the growth of key sectors.

As part of the study we arranged a series of breakfast workshops with
commercial property market agents in different parts of the LEP area. These
workshops were well attended and generated a good debate around the emerging
findings. They have allowed the consultants to test and refine their findings
with those companies who are closest to the market. The presentations from the
workshops are available to download at the right hand side of this page.

We also held a meeting with planning officers from all boroughs and districts
in the Enterprise M3 area. Regeneris gave a presentation on the studies aims,
work carried out and emerging findings. A copy of the presentation is available
to download at the right hand side of this page.

2013 Commercial Property Market Study

This ground breaking study was prepared for the LEP by its Land &
Property Action Group. It is a major analysis of employment land (sites and
premises) across the Enterprise M3 area and is aimed at helping the LEP get a
clearer understanding of the characteristics of the commercial property market
in the M3 corridor.

It has helped improve understanding of the characteristics of the commercial
property market in the wider M3 corridor, against the LEP’s strategic plans for
growth and the Government’s new permitted development rights for change of use
from commercial to residential premises. The study highlights that the
Enterprise M3 area has excellent potential for economic growth, with plenty of
good quality office accommodation available to satisfy the requirements of
companies wishing to expand, and to attract businesses into the area. It also
underlines the challenges faced in different parts of the area: some locations
have a good choice of premises and sites with healthy demand, while in others
there is more of a need to stimulate demand for the property available. This
study provided a unique collaboration between members of the property and
development industries and public sector policy makers, and it has facilitated
the debate about local priorities where market segments and gaps need to be
addressed. In turn, the debate has helped to form the LEP’s strategy, including
how it might allocate Government funding that is earmarked for stimulating
economic growth.

A copy of the 2013 report is available for downloading at the right hand side
of the page.

Resources

Commercial
Property Market Study 2013

Commercial
Property Market Study 2013 - appendices

Enterprise
M3 Housing Study - September 2014

Enterprise
M3 Strategic Economic Plan - March 2014

Enterprise
M3 digital technologies report - Nov 2015

Commercial
Property Market Study 2016 - Basingstoke Workshop Slides

Commercial
Property Market Study 2016 - Chertsey Workshop Slides

Commercial
Property Market Study 2016 - Guildford Workshop Slides

Commercial
Property Market Study 2016 - Winchester Workshop Slides

Commercial
Property Market Study 2016 - Planning Officers Meeting Slides

Commercial
Property Market Study 2016 - Final
Report

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