Kent, Surrey & Sussex Maidstone - The Business Capital of Kent
loc8
Maidstone is located in the centre of Kent and is the County Town. Whilst being a thriving hub and home to over 8,000 businesses from large
multinationals,
recognisable main chains, niche independents, and voted in the top 10 most entrepreneurial towns in the UK it
is also surrounded by beautiful rural countryside.
Investors, businesses, young professionals and families are attracted to the area by competitive office and industrial office rents, house prices, the areas outstanding schools, cultural and leisure offer. Maidstone is recognised as the most popular town to move to in Kent.
High-speed rail (HS1) connects the town to London St Pancras in less than an hour and has direct railway services to Charing Cross and Victoria. Situated on one motorway with four junctions on the M20, with easy access to London airports,
International rail services from Ebbsfleet and Ashford, Dover and Tilbury Ports and Eurotunnel services, making it a perfect business location for both the domestic and overseas markets.
Maidstone Borough Council’s latest flagship investment is the construction of Maidstone Innovation Centre.
Based at the Kent Medical Campus located off Junction 7 of the M20, the £14.5m joint investment by Maidstone Borough Council and the European Regional Development Fund has created the Maidstone Innovation Centre. The Innovation Centre offers 30,000 sq ft of space dedicated to supporting the growth of the MedTech & life- science sector. The centre is expected to support over 270 jobs and create £120m of GVA over the first 10 years. Opened in December 2021,the centre is receiving strong interest and is at 55% occupancy ahead of projected occupancy levels.
www.kentmedicalcampus.com
www.maidstoneinnovationcentre.co.uk
LOC8
Clear Bell Property Partners £5m acquisition of a 33 – acre greenfield development site off junction 8 of the M20 in 2019 is now near completion and is
receiving strong interest
from the market. The site is designed to be a new business destination for Kent, LOC8 is Maidstone’s premier commercial park, providing industrial spaces from 5,4365 – 36,404 sq ft, logistics space 40,289 – 106,240 sq ft and office spaces 11,840 – 17,179 sq ft.
Signed up occupiers include, Swiss based
Zehnder Group, who have confirmed taking on a 45,275 sq ft unit in their move to the site.
Va Qtec is a dynamic high-tech company that has been pioneering in the development of innovative solutions in the insulation industry since 2001. They have also confirmed they will be relocating to a 40,293 sq ft unit at LOC8.
LOC8 will welcome its first occupiers in 2023
https://loc8maidstone.co.uk/ Net Zero Skills Factory
Appointed as one of eight national skills trail blazers, MidKent and North Kent College secured £5.6m of Government funding in 2021 to develop a new ‘Net Zero Skills Factory’ offering both practical and theoretical skills in green construction and technologies Located at the College’s Maidstone Campus the factory opened in March 2023.
For more information on development/ investment or space opportunities contact: Chris Inwood, Economic Development Manager
T: 01622 602465 or
chrisinwood@maidstone.gov.uk www.businessinmaidstone.co.uk
COMMERCIAL PROPERTY MONTHLY 2023
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