News: Henry Boot waits on pre-lets at Northfields development
In a financial statement, the company said that the 50,000 sq ft B&Q at Northfields Industrial Park at Parkgate has continued to trade well and that lettings have now been completed on the two 5,000 sq ft, speculatively built industrial units.
Trade retailer, Tile Giant, part of Travis Perkins, and Quay Plastics, a national plastics manufacturer, have both exchanged contracts to occupy the units, with the latter already making the move across town.
They did however add that they saw continuing interest in the remaining industrial land, in addition to working on alternative, higher value uses.
The park has secured planning permission for a wide a range of uses in order to make the development available to a broader spectrum of potential occupiers. The developers have also bid to secure funding from the European Regional Development Fund to bring forward the speculative development aimed at SMEs in growth sectors.
Henry Boot reported that revenue increased to £66.9m from £55.1m in 2010 with profits for the first half of the year increasing from £5.8m to £11m.
Henry Boot website
Images: Henry Boot
0 comments:
Post a Comment