Eddisons incorporating Barker Storey Matthews has announced the freehold sale of Burnett House at Ermine Street Business Park in a deal which sees Bright Instruments Ltd return to Huntingdon after four years in Luton.
Working in the highly specialised field of medical and laboratory precision equipment, Bright Instruments’ new headquarters sees the company as the exclusive owner-occupier in 11,646 sq ft (1,081.91 sq m) of production, warehouse and office space at Burnett House which is on Lakeview Court at the business park.
Sold for undisclosed sum, Burnett House was offered to let or for freehold sale through Eddisons who acted as the sole agent.
In seeking to return to Huntingdon in order to recruit skilled staff in line with its future growth plans, Bright Instruments had, initially, been looking to lease new premises to meet its property requirements.
Managing Director, Harry Nugent, explained, “We made the decision to return ‘home’ to Huntingdon – where we established the company over 85 years ago – to capitalise on its pool of skilled staff, many of whom are former employees.
“We had only been looking for business premises for a month before we saw the opportunity to buy the freehold of Burnett House.
“The Huntingdon area is well placed for our business and recruitment plans which are centred on recruiting 15 additional staff members this year and five each year thereafter as our plans for growth play out.”
Welcoming Bright Instruments Ltd back to Huntingdon, Richard Adam, of Eddisons’ local office, said, “Bright’s rationale behind its relocation to Burnett House is typical of that of many businesses in this area – whether indigenous or, previously, outside the area.
“Huntingdon is a business hub at the centre of a large catchment area of potential employees who can meet a range of employers’ contrasting needs when it comes to recruitment.”