Friday, April 25, 2014

News: EEF take advantage in Rotherham

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The Engineering Employers' Federation (EEF), the UK trade organisation dedicated to the future of manufacturing, has taken nearly 7,000 sq ft of office space in Rotherham.

The EEF offers business services, government representation and industry intelligence and around a quarter of the UK's manufacturing businesses are members and many more use its services to help them work.

The organisation has has leased 6,878 sq ft of office accommodation at Advantage House, Poplar Way, Catcliffe in a deal secured by BNP Paribas Real Estate.

EEF has secured the second floor, which comprises self-contained modern, high quality offices within close proximity of the M1 and on the doorstep of the Advanced Manufacturing Park (AMP).

Stuart Waite, senior surveyor at BNP Paribas Real Estate, said: "Advantage House is located in a prominent position next to the Sheffield Parkway and in close proximity to the M1 motorway, which is one of the reasons why EEF chose this building. The deal itself is positive for the local market, as it is one of the largest deals to complete so far this year."

Newcastle-based JK Property Consultants acted for the EEF in buying its new Rotherham headquarters. JK was able to secure the second-floor offices at a rent of just under £9.50 per square foot before incentives are deducted. The deal allows EEF to move in rent-free for six months and then pay half-rent for the next 12 months during the initial four-year lease.

Andy Tuscher, North East Region director at EEF, said: "This move demonstrates our ongoing commitment to local and regional businesses and ensuring that they have easy access to advice and support.

"As the recovery picks up pace, they will probably need even more help tackling things such as HR issues, legal problems and health and safety concerns. We will now be even better-placed to provide this expertise."

Energy Alloys, the American oil field metals business which has its UK head office at Advantage House, has recently secured planning permission for alterations to the office space within its manufacturing and warehouse facility at Canklow, also in Rotherham. The site processes and holds long products for the energy, stainless and engineering markets and 36 employees are set to move to Canklow from across Rotherham.

EEF website
Energy Alloys website

Images: BNP Paribas Real Estate

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