Humberts - Industrial Letting - Lincoln, Deacon Road Industrial Estate

Date: 27 Sep 2002

Humberts, chartered surveyors and estate agents, have secured two of the largest industrial property lettings carried out in Lincoln this year - deals which open up the prospect of creating up to 100 new jobs.

A major UK sales promotions and contract packing organisation, Box Design & Packaging Limited and its parent company Promotional Packaging, whose blue chip customers include Uniliver, Wella, Johnson Wax and Gillette, has moved into a 49,000 sq ft factory on the city's Deacon Road Industrial Estate. The company which has a factory at Wallingford, Oxfordshire, has chosen the factory formerly occupied by the French owned automotive factor group Valeo as its UK base from which it will supply specialist packaging to the ambient food and consumer retail industries.

"We chose to expand our operations and come to Lincoln because of new improved transport communications systems to the A46 and A1, the city's strategic position in the food industry and its lower costs," said director, Tony McBride. Up to fifty new jobs have been created by the move with up to 100 jobs next year, said Mr McBride.

The Lincoln based office equipment supplier, Danwood Group plc, which has its headquarters on Whisby Road, Lincoln has also taken 34,000 sq ft of warehouse and office accommodation on the Deacon Road Industrial Estate. The premises formerly occupied by Translinc, the bus operator, will be used as a distribution facility.

"These two deals on high quality premises represent two of the largest industrial property transactions undertaken by Lincoln agents so far this year with just under 83,000 sq ft having been let in the past three months," said surveyor, James Cameron, of Humberts Commercial Department based at the firm's Eastgate office at Lincoln.

Both lettings were handled by Humberts on behalf of the Midlands based industrial property company, Industrious Limited, formerly Saville Gordon Estates Plc, which also owns a 165,000 sq ft factory nearby until recently occupied by Mastercare, together with four smaller industrial estates in Lincoln.

"The dualling of the A46, the impact of the university, general new vibrancy and the properties available are attracting more companies to Lincoln," said Nigel Brock of Industrious Limited.

"We have had several enquiries for the premises formerly occupied by Mastercare on the Deacon Road Industrial Estate, which is available for letting and feel in the new climate of growing confidence that in due course that too will be let," said James Cameron.

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