In today’s challenging economic climate, businesses must evaluate costs and expenditures more closely than ever. A critical aspect of operations is getting logistics and distribution right, and the location of your warehousing plays a pivotal role in cost management. This is where the North of England offers a compelling advantage.
Many businesses are discovering that the North of England combines affordability with quality. Competitive rates and significant investment in the region have led to the availability of high-quality, secure storage solutions, offering substantial savings compared to other parts of the UK.
Why Northern Warehousing Makes Financial Sense
A recent report reveals the stark contrast in warehousing costs between the North and the South of England. While average warehousing costs in London and the South East reach £16.75 per square foot, in Yorkshire and the North East, they average just £7.50 per square foot. That’s a saving of over 55%, making the North a financially viable choice for businesses.
See also: The Benefits of Using Bid and Proposal Management Software for Small Businesses
Key Cost Benefits of Warehousing in the Humber Region
Lower Land and Property Rates
The cost of land in Yorkshire and the Humber is significantly lower than in other UK regions, leading to reduced property expenses and overall warehousing costs.
Affordable Labour Costs
The North’s lower cost of living translates to reduced average salaries, which directly impacts product handling rates. These savings further enhance the affordability of warehousing in the region.
Exceptional Road Network Access
The Humber region, centrally located within the UK’s road network, provides exceptional logistical advantages. For example, the GWS site in Immingham offers access to 75% of UK locations within two hours. This centrality not only reduces transport costs but also enhances operational efficiency.
Proximity to Major Ports
The Humber region boasts some of the UK’s most efficient and cost-effective ports, including the Port of Immingham—the country’s largest by tonnage. Proximity to these ports reduces shipping costs and ensures faster delivery to storage facilities, further driving down logistics expenses.
Supporting Business Growth with Northern Warehousing
The Humber region’s cost savings, coupled with logistical benefits, create an environment conducive to business growth. A 55% reduction in warehousing costs allows companies to reinvest in other areas, supporting expansion and innovation.
Simon Williams, Operations Director at GWS, emphasises, “Northern companies like GWS are driving business growth during these challenging times for British industry.”
Mitigating Rising Business Costs
Businesses across the UK face mounting operational expenses, from rising energy costs to increased property fees. The demand for warehousing space has surged, driven by the e-commerce boom, making storage space a premium. Warehousing in the North provides a solution to these challenges, offering reduced costs across multiple fronts, including transportation, labour, and rent.
Why GWS is Your Ideal Warehousing Partner
At GWS, we specialise in secure storage solutions tailored to your business needs. Our team brings extensive experience in product handling and logistics. Strategically located near the Port of Immingham and within reach of the Port of Hull, we help our clients achieve significant cost savings while maintaining operational efficiency.
By choosing GWS for your secure warehousing needs, you’re not just selecting a storage provider—you’re partnering with a team committed to supporting your business success. Contact us today to learn how we can help reduce your logistics costs and optimise your supply chain.
