7 Reasons Why you should Relocate your Business to Eastbourne

Whether your overheads and rent is turning out to be too costly or you want to base your business closer to your target market, these are a number of valid reasons to set up shop and relocate your business elsewhere.

Choosing the right place is a crucial decision to make and if you’re open to moving anywhere then there are a lot of amazing towns and cities out there that could help turn your business around.

Of course, at Plummer Parsons, we think one of the best places any business could choose to relocate would be lovely Eastbourne on the sunny south coast. Here are seven reasons why.

1. Eastbourne residential and commercial properties are spacious and affordable

East Sussex in general has spaces for home and office use that are bigger and cost-efficient compared to most other counties in South East England, with the average property price at £284,253 as of March 2019.

According to Land Registry data Eastbourne’s average property price, in particular, stands at £240,625. In comparison, neighbouring counties such as West Sussex and Kent are at £323,676 and £291,787, respectively. London is at £463,283.

Eastbourne boasts classic Victorian and Edwardian homes for families as well as modern flats for career-oriented individuals.

Brampton Road Industrial Estate, Harvington Business Park, Highfield Industrial Estate, Hammonds Drive, and the Technology Business Park are just some of the prime locations that can accommodate business operations ranging from manufacturing to warehousing to office spaces.

2. Eastbourne is conveniently located

The distance between the entire county of East Sussex and London brings all the cultural and economic benefits of being close to the capital without the baggage of the loud, exhausting big city lifestyle.

Travelling to and from Eastbourne in relation to major locations is simple and speedy. You can take a direct train ride to London from Eastbourne and be in the city in an hour and a half. Brighton is only 37 or so minutes away via railway. Need to get on an international flight? Gatwick Airport is about an hour-long trip on the train. The A22, A2270, and A27 are your motorways to London, Brighton, Hove, and Hastings.

Eastbourne is also in proximity to Newhaven ferry port and the Channel Tunnel, providing prime trade and distribution opportunities.

3. Eastbourne is a great place to live in

Living in East Sussex is a life of leisure and creativity. The county is part of the UK’s Creative Coast, with the Coastal Culture Trail as the centrepiece. Along 18 miles of gorgeous coastline, the Trail connects Jerwood Gallery in Hastings, De La Warr Pavilion in Bexhill, and Towner Art Gallery in Eastbourne.

Eastbourne combines the quiet beauty of a picturesque seaside town with a thriving cultural scene. Relax on the beach or engage in a host of fun water activities. Take a walk on the wild side at South Downs National Park. The Devonshire Park Theatre and the Royal Hippodrome are go-to destinations for theatrical productions, while the Eastbourne Bandstand and Underground Theatre host live music.

4. Eastbourne has a wide network of professionals in a variety of industries

East Sussex prides itself on its healthy business support network, fostering a diverse range of creative industries from traditional media to digital channels, and maintaining the county’s strong reputation as a tourist destination.

Eastbourne is home to facilitators of entrepreneurial and cultural goals. The town has established multimedia production company Cinematik, art hub Devonshire Collective, and high-tech testing ground Zoonou.

Locate East Sussex will help you find the perfect spot in the county to relocate and link you to local business resources. Eastbourne unLtd provides everything from mentoring to funding opportunities. Developing business relationships to streamline operations and further your reach is easy in Eastbourne.

5. Eastbourne has a growing population of educated and creative workers

Given the relaxed and peaceful environment, Eastbourne is known as one of the best places in the UK to spend one’s golden years in.

What is encouraging for businesses looking to relocate here is that Eastbourne also has one of the fastest growing populations for seaside towns in the country. The latest population estimate sets Eastbourne at 103,251 residents, with 16 to 44 year-olds making up about 32% of the population.

Additionally, 34.8% of the population also have an NVQ Level 4 or above. Graduates from East Sussex College Group, the University of Brighton, and the University of Sussex also make the area a deep well of young, highly skilled and driven talent.

6. Eastbourne is a tourist destination

Eastbourne continues to burn brightest in the region as one of the UK’s tourism hotspots. With over 5.1 million visitors a year and visitor spending valued at £465 million in 2017, Eastbourne deserves all the recognition for setting tourism records in spite of a national downturn.

Businesses relocating to Eastbourne that are focused on entertainment, recreation, and culture have great potential to attract tourists. Eastbourne becoming a hub for conferences and events also allows for building professional connections and attracting investors.

7. The government and private entities are investing in Eastbourne’s development

As good as Eastbourne already is for businesses, it’s only going to get even better as investments continue to pour into the town.

Inward investments of over £200 million are currently being funnelled to Eastbourne up until 2020; £85 million is going to Arndale Centre, £44 million to Devonshire Park and Tennis Centre, £33 million to Eastbourne College, £24 million to Sovereign Centre, £15 million to local shopping centres, and £3 million to town centre roads.

The South East Local Enterprise Partnership (SELEP) brought about £54.6 million into East Sussex with its collaboration with the government. The Eastbourne Innovation Mall, meanwhile, serves as a business incubator, providing much-needed support to start-ups.

If you’re looking to move to Eastbourne, contact our professional team of accountants to assist in your relocation and growth.