South Tyneside is the ideal place to relocate any department, agency or public body.
It is where efficiency savings can be banked, talented local people recruited, growth in the local economy generated and the ambition to level up achieved.
South Tyneside is blessed with:
stunning natural assets
a rich heritage
great visitor attractions
fantastic commercial and residential property options.
Industry leading companies including Siemens, BT, J Barbour and Sons, Fairstone Group and JML have recognised these benefits, choosing to locate their business here.
Significant cost savings and value for money
Average rent for prime office space in South Tyneside is £13 per square foot offering substantial savings to locating elsewhere in the UK.
Locating a 50,000 square foot office over a ten year period in South Tyneside would save a total of over £28m compared to London, £10.5m compared to Birmingham, and £4.5m compared to Newcastle and Sheffield. Source Knight Frank 2019.
The North East is one of the least expensive locations in Europe to hire professional services staff.
The typical cost saving is 16% compared to Greater London and 2-4% compared to Scotland and Cardiff for a customer services representative.
Annual wages in South Tyneside for workers in the Business and Accounting industry is £26,000, compared to the national average of £40,000.
Bespoke and cost effective development opportunities
The Holborn Riverside development will create over 200,000 square foot of Grade A office space with large flexible floorplans, car parking and excellent public transport links set in the heart of the town centre and South Shields’ Cultural Quarter.
This could offer the perfect business solution - an opportunity to centralise staff at a new location.
With a workforce of 1.2 million, North East England has a large labour market equipped with the skills and experience desired by investors.
The workforce in the North East is famed for its warm, approachable and confident character. Workers here are flexible, adaptable and loyal, which is reflected in low staff turnover.
The North East has some of the lowest staff attrition rates in the UK (12% for customer contact centre personnel, 4% lower than the UK average). This provides companies with the confidence to recruit, train and retain their most valuable asset – their workforce.
This is supported by a first-class skills and training landscape.
A forward-thinking Council that invests in the future
South Tyneside Council continues to invest to make South Tyneside a great place to live, invest and bring up families.
Over recent years, £1billion of investment has gone into new and improved housing, modernised community and leisure facilities, economic growth projects, transport, road and footpath infrastructure.
The first two phases of South Shields 365, a £100 million redevelopment of South Shields town centre have included:
the renovation and remodelling of the market place
An Economic Recovery Plan for South Tyneside has been developed in response to the COVID-19 pandemic, EU Exit and the climate change emergency.
The plan provides a bold and ambitious strategy to boost prosperity by continuing to create an economic environment that attracts, and increases opportunities for, residents, students, businesses, investors and visitors.
Compounded by the pandemic, the economy of South Tyneside is changing quickly. This presents challenges, but also opportunities. One of those major opportunities is to help level up the UK economy.
For a more detailed brochure outlining how the location of key anchor government agencies and departments will support the local economy in South Tyneside please contact email@example.com.
Support for your relocation
Our dedicated local team are here to support your relocation or business expansion. From identifying properties to meet your needs, assessing finance and funding options, or planning for recruitment.
We will also help you to connect with sector organisations and cluster groups to develop local relationships.