Ashford – Powerhouse Of The South East

19th August 2019
Julia Willis

Ideally positioned just 38 minutes by train into London St Pancras, Ashford is the place to be.

Ashford ‘Commercial Quarter’ is attracting many new and established businesses to the town.

In 2018, Quinn Estates, partnered with George Wilson Developments, completed the build on Connect 38, a town centre office and retail development adjacent to Ashford International Station. This is the largest office

block to be built in Kent for 20 years and is just part of the multi-million Ashford regeneration plan.In May 2019 The Curious Brewery opened state of the art premises in order to produce its premium and craft beers for an ever-growing market. Set in a 1.6 acre site, in addition to the brewery there is an on-site bar, restaurant and gardens in which to enjoy the fine beers they produce.

Another new recruit to the area is Faversham-based Macknade, who is opening an all-day dining experience in Elwick Place. Other new occupants will include a six-screen Picturehouse boutique cinema and a 58-bedroom Travelodge hotel. A £90m extension of the McArthur Glen Outlet, designed by the Richard Rogers Partnership began in 2018. It will provide an additional 100,000 sq ft of space comprising 50 new units and fine dining facilities and is due for completion late in 2019.

These are part of an exciting plan for Ashford, maximising the benefits that HS1, Ashford International station, its close proximity to the Channel ports and main arterial routes have all brought to the area.

Ashford Fast Facts:

  • Ashford prime office rents are 25% above their pre-financial crisis peak and display much higher growth than for the rest of the county
  • Ashford prime industrial rental growth has risen 38% since 2013 (14% over and above Kent in general) and there is speculative construction off the back of these attractive figures
  • Ashford’s prime retail rents have risen 11% in just 12-months and it has attracted a rise in residential values of 26% in the past five years. This bucks the trend not only across the county, but the whole of the UK
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