Property agent helps to create 40 new jobs for cladding manufacturer
Up to 40 jobs will be created by a cladding manufacturer 's expansion into a new industrial unit in Birmingham, helped by top commercial property agent Siddall Jones.
Finish Facades Ltd has continued its future investment strategy in order to secure huge recladding contracts on blocks of flats across the UK, triggered by new building regulations following the Grenfell Tower fire.
Finish Facades, the sister company to the longstanding Finish Architectural Ltd, will now be based in 24,300 sq ft of space at Unit 1 on the BSA Business Park, off Armoury Road in Small Heath, rented on a ten-year lease.
Terry Turner, director at Finish Facades Ltd, described how the strategy included investing a further £1 million into automated panel folders and turret punches to help manufacture higher quality cladding.
Mr Turner said the company 's current workforce of 20 staff was expected to grow to up to 60 over the next four to five years as a result of the move to the larger premises.
He said: “We 'd been looking for the right property for four or five months but without much success until we came across this unit on the BSA Business Park.
“We jumped straight in and were really pleased with the response from Siddall Jones who worked quickly and out of hours to make sure the rental agreement was quickly progressed. ”
Edward Siddall-Jones, director of Siddall Jones, explained that the property was let within two weeks of marketing, with demand being so great that the final deal was in excess of the original asking rental.
Mr Siddall-Jones said: “We are delighted to have secured this letting to Finish and are thrilled to support Birmingham-based manufacturing in an area which has such huge former manufacturing heritage.
“We are seeing the industrial sector between 10 to 30,000 sq ft perform well, with record take up and a number of active requirements from both manufacturing and distribution companies.
“Competition for freehold properties remain strong and the letting market continues to see rentals increase and landlords secure longer term leases with little or no rental incentives on offer.
“We are keen to speak to anyone with industrial property they are considering selling or renting. ”
Unit 1 on the BSA Business Park was a former Orange Data Centre which was built for the company in the 1980s and acquired in 2017 by the current owner and converted into an industrial warehouse.
John Mclean of Nexa Law acted for the landlord on the deal.
Pictured (L-R): Grahame Byrne, Joshua Byrne, Edward Siddall-Jones, Steven Espie Whitburn and Terry Turner