Local Franchise Opportunities in Newcastle

For those looking to start a new business in the North East, this article will explain just why you have made a great location decision for your new business. Franchising is a flourishing industry boasting nearly 1,000 brands in a host of different sectors. The industry consistently shows 90% of franchisees reporting profitability. The advantages of owning your own business are obvious but so too are the risks. The franchisee is taking less of a risk than starting his or her own business and less than 4% of franchises fail for commercial reasons. This is because they are operating under an established and proven business model and supplying or producing a tested brand name.

Why choose Newcastle to run your franchise operation?

Newcastle is accelerating itself into becoming one of the most desirable locations to set up your franchise business within the North East of England. Potential franchisees within the North East should consider Newcastle as a potential franchise territory as it has a bustling active city centre, world famous shopping districts and ample growth opportunities to really push your franchise to the next level.

To add to this, potential franchisees are just over three-hours on a train from London and it has the added benefit of containing its own airport in the shape of the Newcastle International Airport.

Are there suitable areas to run my franchise opportunity?

Newcastle is a fantastic franchise territory as it hosts a number of business parks and shopping districts capable of hosting a vast array of franchise operations from. These include within Newcastle;

  • Grainger Town – Perfect for small boutiques and specialist shops
  • Northumberland Street – Home to some of the most popular range of brands and shops
  • Into Eldon Square – one of the UK’s biggest city centre shopping malls, offering top international brands
  • Metro Centre - With dedicated free parking and regular bus services from the city centre, Metrocentre (the No.1 shopping centre in the UK and the largest in Europe, very much like the football team Newcastle United) is also a must-visit, boasting several big department stores and malls full of key designer brands and high street labels in clothing, accessories, electrical goods and one of the biggest food courts.
  • Newcastle Business Park and Quorum Business Park

Newcastle currently has a population just under 300,00 but fear not as this potential franchise territory attracts high volumes of tourists every year.   

Will I receive any support through franchising in Newcastle?

Apart from the franchise support and training you will naturally receive from your franchisor, there is an added benefit of choosing Newcastle as your franchise territory.

Newcastle boasts several appealing locations for start-ups. The North East Enterprise Zone covers 10 sites within the three key areas of the Low Carbon Vehicle Corridor, the North Bank of River Tyne and Port of Blyth; businesses located in these areas gain access to several incentives including reduced business rates, enhanced capital allowances and a quicker planning process for new builds.

Quick facts about Newcastle:

  • 1.7 million people live within the 30 minutes of Newcastle town centre
  • Flights and connections to over 80 destinations world wide
  • 30+ trains a day to London in less than 3 hours
  • One of the lowest average commute times in the UK
  • Excellent roads, and transport links make Newcastle very easy and quick to get around
  • Newcastle, Gateshead, has Europe’s biggest shopping mall. And with over 350 shops based from the Metrocentre it’s a must for anyone looking at opening a retail or food based franchise opportunity within the North East 

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