Warehouses in Corby benefit from new business survival

Nearly half of new businesses set up in and around Corby  are battling the recession and surviving for at least five years, new figures have revealed.

Office for National Statistics data shows that 47.3 per cent of businesses set up in Northamptonshire in 2005 were still trading in 2010 – around three per cent above the national average.

The 3% advantage that Northamptonshire has is excellent news for all business and manufacturing premises, it will act as a catalyst for future investment in an area already highly sought after for it’s distribution and manufacturing buildings.

In Wellingborough, 48.2 per cent of 330 new businesses survived. In Kettering 47.8 per cent of 365 businesses survived and in East Northamptonshire, 47.2 per cent of 420 businesses survived.

Wellingborough Business Improvement District manager Joanna Chapman said: “In Wellingborough town centre we have had more businesses open up in the last six months than in the six months before. Businesses that survive in these difficult times will be able to go on and reap the benefits of the next boom and businesses were also largely buoyant about the outlook.”

2012 is set to be a prosperous year for all warehouses and distribution properties in Northamptonshire.

Source: Evening Telegraph