Burton-based commercial property agents, Rushton Hickman Ltd, has completed the letting of an 8,810 sq ft (818.45 sq m) industrial unit located in Canal St Burton on Trent to SOCOTEC UK Ltd.
The unit includes 1,290 sq ft (119.8 sq m) of internal office space and benefits from a sizeable and secure loading/yard area.
SOCOTEC is a provider of testing, inspection and compliance services, with comprehensive solutions in the Infrastructure, Labs & Analytical, Building Control and Compliance sectors. SOCOTEC has over 35 sites and laboratories located across the UK and in Ireland.
Phil Walker, Operations Manager Energy and Oils (Labs and Analytical), said: “This site will be used to house the SOCOTEC Energy Sample reception and preparation facility. The facility will support the growing UK EFW (Energy from waste) Market as part of our Laboratory and Analytical Division, by adding greater capacity and streamlining of service to the Utility industry and other customers.
“We needed a single location with room to grow in an industrial setting. This central location will assist in recruiting, with a skilled workforce on our doorstep and location close to key partners in our supply chain. We have already added two new staff to our existing team and no doubt as our business grows, there will be further opportunities.
“SOCOTEC has a long tradition as an employer in the Burton area and this location will ensure we have a presence in the town centre for many years to come.”
Rushton Hickman Commercial Property Agent, Simon Walker, said: “SOCOTEC had agreed lease terms on another unit locally. It became apparent their lease completion deadline was unlikely to be met on that unit due to a number of complications including agreeing/settlement of the dilapidations with the outgoing Tenant.
“Knowing that SOCOTEC were under pressure to secure suitable premises within quite a tight timescale, we brought the Canal St unit to their attention. We subsequently negotiated and agreed lease terms quickly, which also involved an upgrade to the existing 3 phase power supply to the premises. All in all the whole process was completed quickly with all parties benefitting from the swift turnaround.”
Rushton Hickman Director, Mark Richardson, said: “Yet again the speed of this letting demonstrates both the demand and resilience of the market for industrial property. As a sector industrial stock has performed consistently over the years irrespective of both the pandemic and wider economic considerations.”