The socio-economic impact of businesses in the railway arches
Table 2.1 shows the amount of floorspace in The Arch Company portfolio by use class and location. 6 As previously highlighted, the majority of floorspace is concentrated in London, with industrial being the largest category, closely followed by retail and leisure. 7
2.8
Table 2.1 -- Use types include industrial, office, retail and leisure
Floor space by use type and location (gross internal area (GIA) m 2 )
Use type
London
Other UK
Total
Office space
27,600
15,900
43,500
Retail space
65,700
43,600
109,200
Industrial space
398,500
161,200
559,700
Leisure space
77,500
44,600
122,100
Other/unclassified space
44,200
112,000
156,200
Currently vacant space
193,500
123,400
316,900
Total commercial space
807,000
500,6000
1,307,600
Source: The Arch Company portfolio data. NB: floorspace figures are rounded and do not sum.
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As well as having the largest amount of total floorspace, London also contains the largest share of properties in industrial space, which represents 65% of all occupied units across the region. Figure 2.3 shows the proportion of The Arch Company properties that are used for industrial - including logistics – usage across different regions.
Figure 2.3 – London has the highest proportion of industrial use types
Percentage of rented spaces used for industrial uses by region (%)
Source: The Arch Company internal data, 2023.
6 Note: some use types are flexible and use types are not recorded for every rental space. These spaces are recorded as other/unclassified space in the table.
7 Note: Figues may not sum due to rounding.
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