Wednesday, October 10, 2012

News: Jaguar Estates sell final speculative unit


Jaguar Estates has confirmed the sale of the last remaining speculative industrial unit at Magna 34 Business Park in Rotherham to HS Atec, a supplier to bus, truck and trailer repairers.

The company is relocating its Sheffield base by purchasing the 6,100 sq ft unit through their pension scheme. HS Atec join existing occupiers Graysons Fixings, UK Mail and Carillion Home Services at the Templeborough development.

Patrick Herbert of Jaguar Estates said: "We are really pleased to have sold the last unit especially to a business that is growing despite the recession. We are now looking forward to attracting companies who require bespoke facilities building to complete the site."

Neil Fattorini, managing director of HS Atec: "HS Atec was looking to relocate their expanding Sheffield branch into a new modern unit giving fast access to its primary customer base in the Rotherham, Sheffield and Dearne Valley area and this landmark location and quality build fits the bill perfectly."

The company carries over 10,000 part numbers at five branches and has in excess of 50 vehicles delivering parts and consumables to customers from a current stock exceeding £1m in value.

Rob Oliver of GVA, brokered the deal.

Magna 34 is a 19 acre business park offering a mix of high quality office accommodation, industrial units and a 151,716 sq ft distribution facility.

Development plots, which could benefit from business rate relief as part of the Sheffield city region enterprise zone, are available for new units up to around 25,000 sq ft on a design and build basis. Marketing agents are GVA and Knight Frank.

HS Atec website

Magna 34 website

Images: Jaguar Estates


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