Eastbourne’s economy continues to buck the trend, according to commercial experts who say things are looking up for the town with 140 new jobs on the way.
Recent statistics show the number of empty shops in the town centre is down, unemployment is falling and more jobs are on the way.
Figures released this month show Eastbourne has the lowest retail availability of the top 15 towns in Surrey, Kent and Sussex, with the towns vacancy rate almost half the national average.
In addition people claiming jobseekers allowance is also below five per cent and has fallen since the previous month and is lower than at the same point last year.
The local economy has been given a further boost this week with the news that White Knight Laundry in Hammonds Drive has recently been sold securing jobs on the site.
A planning application is also about to be submitted to council chiefs for 20,000 square feet of new business units which will create around 140 new jobs. It is also the first such development in the town for five years.
MP Stephen Lloyd said, “This is fantastic news and underlines that our town continues to buck the trend.”
Simon Hunt, a partner at Stiles Harold Williams, said 13,000 square feet of office space at Esher House has recently been sold which had been vacant for ten years and added, “We have seen retail and industrial enquiries pick up.”