Invest in Winchester
Why invest in Winchester?
Winchester has a dynamic and robust economy which underpins high living standards for its residents and offers attractive opportunities for the right investors and retailers to benefit from a lucrative market.
Ranked top in the Royal Mail UK Happiness Index of 2019, Winchester has high levels of enterprise supported by high average earnings and a highly skilled workforce. The pool of academic talent is driven by two universities, colleges and a range of good schools including a number of independent options. There is a low crime rate and high levels of life expectancy. Efficient road, rail and air transport links, makes Winchester an easily accessible, attractive proposition to relocate an existing or start a new business.
How are we doing?
Winchester’s businesses are thriving and demand for business space outstrips supply, as underpinned by a recent commercial property market study undertaken by enteriseM3, reporting Winchester having a prestige value for HQ investors. Due to this pent up demand the city has embarked on an ambitious £360m regeneration programme, in addition to 8000 houses being built locally to meet demand, all of which promises an optimistic long term outlook for businesses in Winchester.
Station Approach - Gateway to a brighter future
To continue supporting and enhancing the long-term prosperity of the city, Winchester City Council is exploring ways to revitalise a key gateway to the city surrounding Winchester Railway Station. Enhanced by exceptional improvements planned for the public realm, which will create a vibrant setting, Station Approach will transform the welcome to our city, bringing together our shared heritage with state of the art facilities to support innovation, community and prosperity.
Central Winchester Regeneration
This exciting programme of development will bring positive change to an area of the city centre by delivering a vibrant new retail, cultural and heritage setting within an exceptional public realm. The newly pedestrian-friendly quarter of Winchester will further enrich the distinctive brand for our city by creating a place of cultural and social experience, incorporating a network of streets and spaces for the enjoyment of residents, workers and visitors.
The Times describes Winchester as ‘clever, cultured and convenient’. Once the capital of England, the bustling city centre is steeped in history and heritage, a proud cathedral city with an eye to the future. Unspoilt open spaces, a vibrant cultural, arts and events programme, an enviable independent and high-end food and drink offer and a £35m investment in a new leisure centre makes Winchester an attractive place to work, live and play.
Winchester continues to support a strong visitor economy with over 5 million visitors to Winchester each year, generating over £322m to the local economy. The area’s professional services, retail, knowledge and creative industries, land-based businesses and public sector organisations are well served – both in terms of customer profile and potential employees.
The High Street is flourishing with low vacancy rates and a 72% growth in retail revenue. To find out more about 'who's here' click on the download to the right of this webpage. It is home to a high percentage of successful independent businesses alongside well-known high street brands. Beyond the city and market towns there is a thriving rural economy across a district that spans 250 square miles and is a gateway to the South Downs National Park.
Winchester City Council has prioritised inward investment and there is tailored support available to businesses who are attracted to what the city and the wider district have to offer.
Telephone: 01962 848 347