Why invest in Tamworth and Lichfield?
Quality of life, diversity and strong cultural experiences are top of the list for investors looking to locate their business, according to Government department UK Trade and Investment.
Lichfield and Tamworth’s economic activity and employment is higher than in Birmingham – with a relatively high survival rate of new businesses. Cheaper than average business space and house prices all add to the appeal, while being rich in heritage the two areas offer contemporary living with great places to eat, relax, visit and shop.
Meanwhile, entrepreneurial spirit is high with the number of investors setting up their own businesses higher than the national average – making Tamworth and Lichfield a beacon of enterprise. Manufacturing, engineering and advanced technological firms are among those prospering – helped by the fact that Tamworth and Lichfield are centrally located with a huge potential market and strong transport and logistics infrastructure on their doorstep.
Seven miles apart, but close at heart…
While Tamworth and Lichfield may be quite different from one another, together they are unique and complimentary with a proven record of being highly resistant and resilient to economic shocks – while also showing strong growth.
Just seven miles apart, the two urban centres have strong business, economic, social, cultural and physical links. They are also closely located to the rest of Staffordshire, Birmingham and Warwickshire, Tamworth and Lichfield help from a ‘Golden Triangle’ in terms of logistics across the M1, M6 and M42.
What they say about Tamworth and Lichfield…
“Lichfield is a lovely city, a totally different urban environment to a big urban sprawl. It’s an attractive proposition for individuals on the northern Birmingham fringe.” (Owner manager, Lichfield)
“Lichfield’s a very beautiful city. It has a history and a culture of entertainment and festivals virtually non-stop. It’s the cultural and historic back-drop I like. There’s a good mainline and local rail to Birmingham and very close to the M42 and M6.” (Owner manager, Lichfield)
“The job opportunity came up and we chose to live in Lichfield. The quality of life, the schools, the socio demographic all attracted us – it’s a pleasant town and a good place to have a business.” (Owner manager, Lichfield)