New owners for industrial units at Burton–On–Trent will create more local jobs
Craigard Investments and Ryon Properties have formed a partnership, Craigard Ryon, to purchase a 100,000 sq ft industrial site in Wellington Park, Burton–On–Trent. This will create more local jobs and attract increased business to the area.
The site was previously owned by Burton–based Technic Tyres, which employed approximately 100 people at its peak, but has now been forced to close. Craigard Ryon will be refurbishing the warehouse, transforming the site into five main units, four of which will be industrial sites with one as office space. The site will be available for sale or let and it is hoped that in excess of 100 new jobs will be created through the new tenants or owners through the industrial site alone, with the office space providing potential for further employment opportunities.
The site has been re-branded ‘Althea‘, and works will start on site in February for completion in June 2007. The units will range in size from 2,351 sq ft to 51,875 sq ft, with the option to occupy one, or even combine two for increased space. The area is already host to some major national employers such as Coors Brewers, Marmite, Littlewoods and Holland & Barrett.
Paul Foster, Managing Director of one of the purchase partners Craigard Investments, commented, “The site is ideally located to major communication networks, and testament to this is the other national organisations which have selected Burton–On–Trent as an ideal location. The refurbishment will transform this site and by dividing it into office units, so there are various options for companies, from letting one or more of the units to purchasing the whole site. We anticipate that this property will attract a lot of attention.”
Donaldsons acted on behalf of Craigard Ryon, and have been retained as marketing agents along with Gadsby Orridge, who are based in Derby.
For more information regarding Althea, please contact Chris Cocks at Donaldsons on 0121 212 1090.