Faringdon is a quintessential market town set on a limestone ridge overlooking the Thames Valley. From afar the town is dominated by Folly Hill and its iconic tower.
Our newly-updated inward investment fact sheet for Faringdon details the economic activity, business and tourism within the town, as well as giving an overview of its attractive location.
The fact sheet can be downloaded here.
Faringdon has a diverse economic base, supporting a range of sectors across approximately 500 businesses including around 60 shops in the town centre. There is a strong sense of entrepreneurial spirit within the town where currently 11% of the town’s resident population work from home based businesses, which is higher than the national average.
Businesses within Faringdon may be interested in joining the local chamber of commerce. The chamber is a voluntary organisation run by its members; a friendly group of local business people who represent business and professional interest within Faringdon and the surrounding area. Their aim is to support the trading interests of our members and promote the economy of our town and district.
In 2014, Faringdon’s Chamber of Commerce and Town Council jointly commissioned an Economic Development Strategy to help identify the economic issues facing the town, identify its strengths given its location, and identify potential uses for the employment land that is available for development. The strategy is also intended to be used as a basis on which to develop a retail masterplan for the town centre and to develop a commercial prospectus with key marketing messages to promote the available employment sites. The final report can be read here – Economic Development Strategy Final Report.
Faringdon benefits from two hours free car parking in Vale Council car parks every day.