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It’s the business - Economic boom as Rochdale celebrates business enterprise boost

02 November 2018

Plan of the new employment space.

Rochdale is enjoying a business revival, with government data showing that there are 1570 more businesses in the borough than there were last year.

Recently released ONS (Office of National Statistics) data shows that there are now 8255 enterprises in the borough, up from 6685 last year.

Over 1 million square feet of employment space has been let this year across the borough

Among the new names welcomed into the borough are kitchen supplier Nobilia GB, which has just taken a 55,000 square feet unit in Kingsway on a 20-year lease. The move will create 20 new jobs in Rochdale over the next 2 years, in addition to the 55 staff which have relocated to Kingsway from Yorkshire.

Over 1 million square feet of employment space has also been let this year across the borough, with other businesses, including Vitafoam and Taziker Industrial, also taking new space in across the borough in recent months.

And SMEs have also played their part, with businesses like The Fruit Factory opening in new council-built units in Dodgson Street and high street shops like Simpsons Furniture opening in Heywood.

Councillor John Blundell, Cabinet Member for Regeneration, said: "Welcoming this many new businesses in just one year is no mean feat, particularly as economic conditions continue to be challenging. I'm really proud that businesses continue to flock to Rochdale and create jobs for our residents.

"With fantastic transport links and thriving business parks, we are already an attractive proposition for investors, but we also work really hard to encourage new businesses to come in. We have a range of special incentives, which are unique to Rochdale, and have created a number of new opportunities over the past year, through the development of new industrial units, which are already being snapped up."

We offer a number of incentives to encourage new business which are unique to Rochdale

Incentives offered by us to encourage new business include business rates discounts for specific businesses opening in the town centres and start up grants of up to £5000. We have also created 7 new small industrial units in Dodgson Street and construction is well underway on 11 new self-contained industrial units on Logic at Kingsway, which will range from 3000 to 15,500 square feet and be ready for occupation in March 2019.

Anyone who would like to find out more about opening a business in Rochdale and the support available.