Kingsway Signs Up Second Business
January 16, 2008, Rochdale. Wilson
Bowden Developments has exchanged contracts with the second company to relocate
to the Kingsway Business Park at Junction 21 of the M62 motorway.
Takeuchi
Mfg (UK) Ltd, a leading construction equipment supplier with a popular range
of mini excavators and loaders, will expand its presence and strengthen its
business operations in Rochdale by opening a new facility. The
new facility will be located on Kingsway’s Plot E with a total floorspace
of 5,193 sq m (55,897 sq ft). Unit construction will be completed by
March 2008.
The company’s relocation from its present Rochdale premises will mean
that its 25 employees can continue to work in the Borough. In addition,
this expansion of the business is expected to create a number of new jobs.
Mr.
Ito, the managing director of Takeuchi Mfg (UK) Ltd comments “Takeuchi
has successfully grown its business in the UK over the last ten years. The
move to the Kingsway Business Park is a great opportunity to continue this
growth and to invest in strengthening our customer support by setting up
a training service centre in a large purpose-built facility. The location
is perfect in helping Takeuchi to maintain its commitments in Rochdale, and,
with a dedicated motorway junction, it is ideal for the company’s wide
distribution requirements. We are glad to be able to take this opportunity.”
Robert Grafton, Development Director at Wilson Bowden Developments comments, “To
have two deals following so quickly on from each other is very encouraging.
And the level of interest in the remaining units on Plot E remains strong.”
John Hudson, Chief Executive of Rochdale Development Agency adds, “It’s
always excellent to hear about a local business from Rochdale evolving, expanding
and creating new jobs, so Kingsway is a perfect site for their new premises.
Rochdale is the focus of serious investment and development at the moment,
not just in Kingsway but also plans are progressing with pace to redevelop
the town centre with new retail stores, leisure facilities, restaurants and
homes. Metrolink will soon provide a fast link into the city. The benefits
of living and working here are increasing all the time.”
For further
information please contact Cathy Nixon/Neil Kirwan of FD Tamesis on 0161
834 3834 or email cathy.nixon@fdtamesis.com or neil.kirwan@fdtamesis.com
Notes
to editors
About Kingsway
Kingsway is a £350 million, private sector investment;
proposed business focused mixed use development of 170 hectare (420 acre)
gross area, with a 115 hectare (285 acre) net developable area.
The site is
located within the borough of Rochdale, Greater Manchester and is situated
on the edge of the M62 and the A664 at Junction 21.
Kingsway is one of the
largest developments of its kind in the UK with 3,071,732 sq ft of industrial
and distribution space, 295,867 sq ft of office space and 196, 435 sq ft
of retail and leisure space with a current allocation of 300 units for residential
purposes, Kingsway has a total commercial floor space (B1/B2/B8) 3.6m sq
ft.
As a key economic driver for the regeneration of Rochdale and Greater
Manchester, Kingsway is one of the Northwest Regional Development Agency’s
(NWDA) 25 strategic sites.
Kingsway is a joint venture between the Northwest
Regional Development Agency and Wilson Bowden Developments in association
with Rochdale Development Agency & Rochdale
Borough Council.
About the Deal
This latest deal follows last week’s exchange of contracts
with Vindon Scientific, the leading supplier of controlled environmental
testing chambers in the UK and Ireland. Vindon is opening a new facility
of 2,738 sq m (29,480 sq ft), also on Plot E.
Plot E is the first industrial
plot to be developed at Kingsway. The units to be occupied by Vindon and
Takeuchi will sit alongside three more units of 1,828 sq m (19,679 sq ft),
3,188 sq m (34,307 sq ft) and 3,113 sq m (33,500 sq ft) which will be ready
for occupation between March and June 2008 and are being built on a speculative
basis.
P3 Property Consultants llp and Jones Lang Lasalle are appointed agents
on Kingsway. GVA Grimley acted for Takeuchi.
About Takeuchi MFG (UK) Ltd
Takeuchi Manufacturing has been present in the
UK since 1981, when its first excavator machines were imported as the Priestman
Mini-Mustang. There are still very many of those vintage machines around,
highly prized by their owners.
In 1996 Takeuchi set up its UK subsidiary based
in Rochdale and in 2001 set up its southern depot at Thatcham, Berkshire.
Its Rochdale facility stocks mini-excavators, tracked loaders and breakers.
It also has a dedicated parts division and service team all backed by National
Distribution via its network of dealers.
About Vindon Scientific Ltd
Vindon Scientific Limited is part of the Vindon
Healthcare group and is regarded as the leading supplier of controlled environmental
testing chambers in the UK and Eire.
Operating successfully for almost 40
years, its product range comprises items such as controlled environment rooms
and cabinets, incubators, blood storage equipment, fridges and freezers.
In addition, we manufacture more specialist systems for pharmaceutical, plant
growth and dye testing research.
About Wilson Bowden Developments
Wilson Bowden Developments is a commercial
property development business focused on retail, leisure, office, industrial
and mixed-use schemes. The business operates across England, Scotland and
Wales, working on projects ranging from single sites to industrial developments,
office parks and major town centre regeneration projects.
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