Andrew Dixon & Company report the letting of Unit D, Halesfield 19 to Worcester based logistics company, Amco International (Services) Limited.  The detached property, extending to 23,402 square feet overall, comprises 19,633 square feet of warehousing/offices with the remaining area being made up of a canopied unloading bay.  The building, which was originally built in 1979, benefits from a car park to the front and an enclosed rear yard on the end elevation.

 

Alex Smith, who handled the letting, commented "The property offers production and warehouse space, together with single storey offices and a substantial loading/unloading canopied area, which will provide the tenant with additional storage facilities.  The unit has been taken on a new 3 year lease off an asking rent of £70,000 per annum."

 

 

Andrew Dixon & Company report the letting of the former Toyota Tsusho (UK) Limited distribution facility at Hortonwood 40 to Wrap Film Systems Limited.  The detached property, extending to a total of 72,000 square feet, comprises 65,000 square feet of warehousing including two dock levellers and a small office, the remaining area being made up of a canopied unloading bay and mezzanine storage.  The building, which was originally built in 1996 and extended in 1999, stands on a 3.2 acre site.

 

Nicholas Dixon, who handled the transaction, commented "This is a significant letting and underlines the continuing strength of Telford's manufacturing economy.  This deal will enable Hortonwood manufacturer Wrap Film Systems to store and distribute increased production.  Already 2010 has seen completion on around 120,000 square feet of industrial space by Andrew Dixon & Company, and a further 165,000 square feet is currently in the hands of solicitors.  We shall shortly be announcing instructions for the freehold disposal of a further 100,000 square feet on Stafford Park alone, and have recently been appointed by Hermes Real Estate to market Haybrook, Halesfield 9 and by Nurton Developments Limited to market Harcourt, Halesfield 14, adding a further 90,000 of leasehold instructions to our growing portfolio."

 

Andrew Dixon & Company reports the letting of the former Churchbridge Motors site on Holyhead Road in Ketley, Telford to Shrewsbury based vehicle retailer, Ellisa Automotive Limited trading as Budgen Motors.  The former Citroen garage extending to some 13,000 square feet of showroom, workshop and servicing accommodation on a site totalling 0.5 acres, has been let on a new long term lease.  The site benefits from 100m of frontage onto the Holyhead Road, offering some 55 car sales pitches.  The asking rent was £65,000 per annum.

 

Andrew Dixon, who handled the letting, commented "Our locally based client was very pleased with the quick turnaround of a property he only recently acquired for investment purposes, with the new occupier benefiting from one of the most prominent roadside positions available in Telford.  We wish them many years of profitable trading.

 

Pooks Commercial Property Consultants of Shrewsbury represented the tenant.

 

For further information contact:

 

Andrew Dixon, Andrew Dixon & Company - 01952 521000

Charles Howell, Pooks - 01743 276633

Peter Watts (Dealer Principal), Budgen Motors - 01743 445611

 

Andrew Dixon & Company reports the sale of the former Vogel & Noot distribution warehouse premises at Hortonwood 1 on behalf of Rettig UK Limited.  Marketing of the high quality, detached warehouse unit with two storey offices constructed in 1998 and extending to some 29,500 square feet on a 3 acre site, drew a lot of attention.  The building, which is in very good condition and benefits from 26ft eaves height clearance, over 20,000 square feet of high quality offices, a large concrete yard and development land to the rear, has been acquired by Stafford Park based Stairplan Limited, manufacturers of bespoke staircasing, for the continued expansion of their operation.  The building was available at an asking price of £1.35 million and Stairplan Limited completed the purchase within six weeks of the first viewing.

 

Nicholas Dixon, who handled the transaction, commented "This is undoubtedly one of the best buildings to come on the market in 2009.  A quick sale was achieved, reflecting the high specification offered by the building and the opportunity that it provided for its new owners, who will benefit from one of the best quality and well located properties in Shropshire."

 

Andrew Dixon & Company has been instructed to sell or let Unit B, Halesfield 14 - a detached industrial production unit extending to approximately 15,880 square feet on a site area of 1.2 acres.  The building comes with its own extensive car park and secure yard and is suitable for a variety of production and distribution purposes with well-appointed offices.  The property occupies a prominent corner roadside position and is in good condition.

 

Nicholas Dixon commented, "This is an unusual sized unit to come onto the market.  Generally properties built by Telford Development Corporation in this style were larger, such as the adjoining 40,000 square foot unit we have recently put under offer.  The client is keen to get a new occupier, and the property will be available from April 2010.  We are anticipating a significant level of interest in the property".

 

Andrew Dixon & Company recently advised Keltruck Limited in the expansion of  the company's flagship site at Junction 1 of the M5.  Announcing the acquisition of the former Co-operative Dairy site on Kenrick Way, Chris Kelly (Founder and Chairman of Keltruck) said: "The addition of a further three acres to our West Bromwich site, taking us up to ten acres, was much needed and has come at the right time for the company.  The existing site is extremely busy with new and used truck sales activity along with a plethora of aftersales activity including repair and maintenance for trucks, buses and coaches, accident repairs, paintshop and, not least, our highly successful Scania truck recycling facility which has seen unprecedented exports over the last twelve months.  We have big plans for the future of the expanded site with major investment in further capacity and facilities, which will lead to the creation of new local jobs.  In a period of recession and a climate of doom and gloom, this is very good news indeed and demonstrates our confidence for the medium to long term once the present difficulties have been overcome."

 

The new plans follow the recent investment of half a million pounds in an extension to the workshop and quarter of a million pounds in opening a brand new 60ft x 18ft, state of the art, Dalby 'cook & bake' paint shop at the West Bromwich depot. 

 

 

Directors Chris D Kelly and Chris J Kelly at Keltruck West Bromwich

Andrew Dixon & Company are pleased to announce the letting of Sunningdale House, a detached modern production warehouse building with integral two-storey offices extending to approximately 4,500 square feet.  The property has been let on a new lease to Fisher Banks Limited, who are relocating from elsewhere in Telford.

 

Andrew Dixon & Company report the letting of Unit 3, Stafford Park 12, a detached production warehouse building extending to approximately 8,000 square feet, to Willenhall based Bolt King Limited.  The property, which incorporates ground and first floor offices, workshop and mezzanine floor space with a car park and open rear yard, has been let on a new lease off an asking rental of £33,000 per annum. 

 

Nicholas Dixon, who handled the letting, commented "The landlord is particularly pleased to accommodate a manufacturing entity.  It is nice to see that Telford can still attract quality businesses from elsewhere in the West Midlands".

 

Andrew Dixon & Company report the sale of the PCT headquarters building on Halesfield 6 to a London based investment company.  The 18,000 square foot, two storey office building let to Telford & Wrekin Primary Care Trust for a term of twenty years at £134,000 per annum, was due to be auctioned jointly with Allsops.  However, Andrew Dixon & company negotiated a sale in excess of the guide price of £1.7 million prior to the auction.

 

Nicholas Dixon, who handled the transaction, commented "There was keen interest in this property with its well secured income, despite a break clause at the end of the tenth year.  Bidding was fierce, which took the eventual sale price comfortably over the guide price, illustrating the strength of the investment market for a well let product".

 

Andrew Dixon & Company report the letting of Unit 6, Halesfield 21.  The 38,000 square foot warehouse production unit on a site of nearly 2 acres has been taken on a new lease by Bond Retail Services Limited, who are relocating their existing facilities from elsewhere in Telford and the Stoke on Trent area to the building.  A new five year lease has been agreed following refurbishment from local landlords, who were very pleased to entice this quality covenant to their property.

 

Following the successful acquisition of a commercial development site for Mullbry Business Park on the fringe of Whitchurch, Andrew Dixon & Company are pleased to announce the letting of the first 15,000 square feet of the scheme on behalf of local landlords.  Whitchurch based engineers, Tension Control Bolts Limited, have taken 15,000 square feet as additional manufacturing and storage space.

 

The developers of Mullbry Business Park, McPhillips (Wellington) Limited of Telford, completed the first phase in early 2009 and there is a further 14,000 square feet available immediately on a freehold or leasehold basis.  Significant interest has drawn parties from Shropshire and beyond to this well located scheme, which will offer in total up to 60,000 square feet to include design and build opportunities in the coming months.