Another sale as final phase of Stretton Business Parkis completed

PHD Print and Mail Bureau has acquired a new unit on Stretton Business Park, Burton-upon-Trent, from St Modwen for the expansion of its business.

The firm plans to occupy the 6,635 sq ft building in October after completion of fitting-out. The new unit will be in addition to its existing premises on Falcon Business Park, Hawkins Lane, which was itself built by St Modwen in the 1990s.

The unit is part of the final 4.2 acre phase of the development of Stretton Business Park, which comprises 64,700 sq ft in seven units ranging from 6,635 sq ft to 11,640 sq ft. A combination of units could provide up to 41,125 sq ft.

Paul Smith of St Modwen, said: ³We are delighted that PHD has decided to come to Stretton. The business park has been a very successful scheme and the latest development provides high quality units with good secured yard area .

The units are of a size not currently available in Burton and which offer opportunities for occupiers to purchase long leaseholds as well as to rent.²

Colin Brooks, managing director of PHD, said: ³We are really pleased with this site. There is a serious shortage of units for sale in the Burton area and the building has met perfectly our needs in terms of location, size and quality. It will serve two purposes: a business continuity facility in the event of losing our prime site, and it will be a fully operational production facility to help to cope with the continual increase in our client base.

³This expansion will undoubtedly lead to us increasing staffing, which currently stands at 50. We have been established for 17 years in Burton and we intend to be around for many more years to come. This site will help us to achieve that aim.²

Since it started work on the derelict Blue Circle site, St Modwen has completely changed the environment of this part of Burton with a new road and canal bridge giving access to Stretton village. Eighty-two acres have been reclaimed, approximately 300 houses built, 14 acres of public open space created ad 30 acres developed for employment, providing or safeguarding hundreds of jobs.

Rushton Hickman is the letting agent.

For further information contact Paul Smith of St Modwen (0121 222 9400).

Issued by Paul Raymer of Howle Chapman Raymer (0121 236 7771).