Portsmouth, the Great Waterfront City, is a great place to locate a business
Portsmouth is a successful and exciting city located at the heart of South Hampshire. It offers a great quality of life, with its excellent climate, South coast location and proximity to great places to visit such as the South Downs, New Forest and Jurassic Coast.
It is also very accessible, with ferry links to mainland Europe, good rail and road links to the wider South East and further up the country and Southampton International Airport only 30 minutes drive away.
The city is within the Solent region, which is bordered by two national parks and with a natural geography comprising three islands and two peninsulas, it has renowned heritage, countryside and coastline. The region has a population of over 1.2 million, 50,000 businesses, local GVA of £27.8 billion, and is part of wider South East economy valued at £240 billion GVA. It has a range of assets that are globally renowned, a strong SME and skills base, and a thriving research community through its universities and research institutions. The area is strategically positioned in relation to London, mainland Europe, and just 20 nautical miles from the key Shanghai to Rotterdam shipping superhighway. The Solent has three international gateways: the Port of Southampton, the Port of Portsmouth and Southampton International Airport. It is strategically positioned just 120km to the south west of London with excellent transport links by road, rail, air and sea. It also has three universities. It is a leading location and growth hub for advanced manufacturing and engineering (marine, aerospace, renewable energy, environmental technologies and composites), transport and logistics, the low carbon sector and the creative sector. The Solent region has a strong visitor economy and key events and attractions, including the Great South Run and Victorious Festival held in Portsmouth, Goodwood Festival of Speed, Southampton Boat Show, and Cowes Week.
The city of Portsmouth has a proud naval and maritime heritage, towering visitor attractions, shopping destinations, great places to eat and miles of beautiful waterfront. It is certainly a great place to live and work. PwC's Good Growth for Cities report placed Portsmouth 4th in a list of the best cities in the UK in which to live and work. It has a rich cultural offer with magnificent theatres, live music venues, museums and contemporary art galleries, two cathedrals, Southsea Castle, Old Portsmouth historic harbourfront area and an exciting programme of events and festivals throughout the year.The city was ranked by Totallymoney.com as the 8th most cultual city in the UK 2017.
Southsea Castle is one of King Henry VIII's most famous fortifications. It's from the castle's vantage point that Henry is said to have watched the sinking of his flagship vessel, the Mary Rose! The new £35m Mary Rose Museum welcomed its one millionth visitor just 28 months after opening. It sits within Portsmouth Historic Dockyard, which also offers world-class attractions such as HMS Victory, HMS Warrior and the National Museum of the Royal Navy. Old Portsmouth is an area with unique historic houses, the old fortifications for the city and lovely old pubs. In 2014 the Ben Ainslie Racing Racing Team built its new headquarters here, due to the city's strong maritime history, good links to London and the airports and the naturally situated race course along the Portsmouth seafront, which in 2015 and 2016 was the location of the World Series events for the Americas Cup.
Gunwharf Quays, the south coast's leading designer shopping outlet, is a unique and vibrant shopping and leisure destination, set in a cultural harbour front location in the heart of Portsmouth. It is home to more than 95 premium retail outlets, waterside restaurants and bars, leisure and cinema offers, and the Emirates Spinnaker Tower; with its breath-taking views and exciting entertainment programme. A good selection of apartments, many with spectacular views across the Solent to the Isle of Wight, are right in the heart of the bars, restaurants and designer shopping. Gunwharf Quays is complemented by traditional high-street shopping in Commercial Road, as well as the independent boutiques and beachfront cafes of Southsea.
Being surrounding by the sea also affords a number of unique leisure opportunities. There are three marinas, offering award-winning facilities, as well as a number of local sailing, swimming and rowing clubs.
The city has received £48.75m government 'City Deal' funding to unlock key strategic sites for employment and housing, including the Tipner West and Horsea Island sites at the entrance to the city on the M275 - site investigation and survey works are underway and masterplanning will be carried out in 2018 with the aim of submitting a scheme for planning permission in 2019/20. This is expected to attract around £830m additional investment, providing over 2300 new homes and over 3,500 new jobs.