Hall and Roche Logistics, a global provider of transportation services, has taken 90,000 sq ft at Prospect Park, a multi-let industrial and warehouse facility in Swansea which is currently undergoing extensive refurbishment.
Formerly the Signode packaging factory which closed in 2009, Prospect Park spans 225,000 sq ft and has been divided into individual units by new owners Prospect Estates Ltd.
Available to lease or buy, it offers industrial, warehouse and office accommodation with yard areas and parking with units in a variety of sizes from 5,000 sq ft to 100,000 sq ft. Potential occupiers also have the option to tailor space to suit their needs prior to occupation.
“The opportunity to adapt the building was a determining factor in Hall and Roche’s decision to relocate to Prospect Park,” says Jason Thorne of national commercial property consultants, Lambert Smith Hampton (LSH), marketing agents for the scheme.
“Hall and Roche were looking for a larger facility to accommodate their expansion plans within Swansea and needed accommodation that would facilitate speedy and efficient loading onto vehicles from the storage area.
“Prospect Estates suggested opening up two of the bays to create a deep canopy loading area, creating space for a metal ramp installation. Without these changes the buildings wouldn’t have been fit for purpose.”
Located on Queensway in Fforestfach, Hall and Roche have committed to a 15-year lease on the units which also includes half an acre of yard space.
Prospect Estates are carrying out an 18-month renovation programme including re-cladding roofs and walls with modern alloy sheeting. The company specialises in the acquisition and renovation of large industrial stock, bringing derelict and outdated property back onto the market through renovation and the creation of self-contained units in a mix of sizes.
Fforestfach is a successful and long-established retail, trade and industrial location and other key employers based in the area include Unichem, TNT, Welsh Boxes and Hurns Brewery.
Adds Jason: “It’s refreshing to see an obsolete factory brought back to life and to such a high standard helping to give the south west Wales market exactly what it’s been lacking for a very long time.”