Leeds is directly connected to both London and Edinburgh by road via M1 and A1. By train, Manchester is just an hour away, and London - about two. Leeds is the third-biggest city in the UK with a GVA of £20 billion and a population of 751,500. That's some solid ground to build a business on. According to a UK Powerhouse report, Leeds will grow by 17.1% over the next decade.
The city is a large financial hub in England, making it attractive for new businesses. Leeds Central Square is currently undergoing a massive renovation and development.
The city is home to world-famous shopping centres like Trinity Leeds, Rox, D&D and Cabana. After the recession, big names like Land Securities, Byron, Five Guys, Iberica, and Pieminister arrived here and restored trust in the area.
While many businesses are concentrated in Leeds Inner Ring Road, there are several business developments in the suburbs and on the outskirts of the city that you can take advantage of as well. There are connections to all major European cities from Leeds Bradford International Airport and connections to cities across the UK by rail from Leeds City Station. If you need a lot of parking spaces for clients, the areas farther from the centre are recommended.
Leeds has plenty of options for companies that want to make their business budget stretch a bit further. The cheapest places you'll find to get set up in Leeds are Sheepscar Court, Education Road, Mabgate, Armley Road, and Dewsbury Road. All of these are typically priced around or under £100 per person per month and may include spaces for more than one desk.
The average cost for office space in the centre of Leeds ranges from £250 up to £400 monthly per person. You can find a space to rent for £150 to £200 per month in Bradford and Wakefield. Offices in Beeston range from £150 to £200.