Warehouses in Bristol will prosper as small towns grow

Business analysts have unveiled their predictions for the growth of mini cities throughout the area. Warehouse to let Central park  is intrigued by the results.

According to Bristol-based Bibby Financial Services more and more firms will move out of the city centre over the next decade. The ’2020 Vision – the Future of Business’, report was put together by a panel of commercial experts.

These predictions can be argued to be good news for distribution buildings as new business will spring up that need manufacturing or warehouse space.

The number of small and medium-organisations across the UK is predicted to rise by about 20 per cent by the year 2020. As a result firms are expected to begin operating outside conventional business hours and premises, with people splitting time between their home and ‘hub’ centres.

Around five million workers are expected to flock to the Bristol area and there will be a sharp rise in the number of ‘semi-detached’ firms – organisations which offer their services to a number of firms. These businesses will form small and medium-sized enterprise ‘hubs’, rather than congregate in major towns and cities.

Terry Wolfendale, from Bibby Financial Services in the South West, said: “The nature of business is inevitably going to evolve over the next decade, but it is intriguing to be given an insight into the precise impact on local business communities.”

As Bristol and the surrounding area move towards a new era of business manufacturing buildings can expect to stay in high demand. New business may choose to move to a landscaped industrial park that offers both offices and warehouse and distribution space. Already in demand warehouse in Bristol and Avonmouth seemingly have a busy future if business analyst’s reports are correct.

Source: This is Bristol