Thursday, February 29, 2024

Trio of lettings secured at Leicestershire business park

Three Leicestershire businesses have secured new industrial premises at Armston Farm, Cosby after property consultancy, Wells McFarlane negotiated a trio of lettings.

Fox County Ltd, Fuses Electrical and Magna Manufacturing will all now be based at the South Leicestershire business park as they look to facilitate expansion.

“Our business provides servicing and repair for leisure vehicles, specifically motorhomes and caravans but also horse boxes and trailers,” explains Fox County’s Managing Director, Jak Yeates. “Our work is predominantly workshop appointments or home visits so we needed a premises that was well connected and easily accessible.

“Armston Farm is within easy reach of many of the surrounding villages as well as the M1, M69 and A5. The move means we’re able to work indoors, so we can now work all year round and on multiple vehicles at the same time. This has also led us to hire another service technician and offer parts supply via a small shop so it’s been hugely positive.”

Bespoke joinery firm, Magna Manufacturing is hoping for similar growth at Unit A2, a 1,263 sq ft warehouse. Director Paul Leaver says: “We’d previously shared an old factory in Blaby with another company but when they decided not to renew the lease, we started to explore alternative options.

“The unit at Armston Farm offered so much potential. It means we can have an open workshop and increase our team, but also allows us to build a mezzanine floor for a small office from where we can run our accounts and project management. Wells McFarlane were absolutely spot on to work with, we’re grateful for their support.”

Wells McFarlane’s commercial asset manager, Tina Flynn negotiated all three lettings. She concludes: “It’s always pleasing to help tenants find their ideal premises, especially when it’s to support business growth and future success but securing a hat trick of new neighbours like this is definitely unusual!

“Rural business parks like Armston Farm remain popular as business owners aspire to move to more strategic and sustainable locations. We anticipate this level of demand to continue across the Midlands so encourage interested tenants or landlords with similar properties to get in touch.”

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