Industrial premises in Peterborough’s Fengate business district have been let by joint agents Eddisons incorporating Barker Storey Matthews and Savills to a company who provides a wide range of specialist process and packaging solutions, primarily to the craft beverage industry in Ireland, UK and Europe.
Bevcraft Group – the parent company of Irish Craft Canning, Copack and Packsource – has taken a 10-year lease on 9 Titan Drive, Fengate.
The specialist packaging company identified Peterborough as being an ideal location from which to service a customer base within a two hour radius of the city and had been seeking suitable premises in the city for six months before securing the 10,412 sq ft (967.3 sq m) warehouse at Titan Drive.
The construction quality of the unit and its size were key considerations in looking for the right Peterborough premises in which to install new plant and machinery following Bevcraft Group’s recent substantial investment as part of its latest round of business growth.
Commenting on the deal to let 9 Titan Drive, Richard Jones, Director, Eddisons, said, “This is an occupier operating in a premium sector of modern manufacture and supply.
“That Bevcraft Group has chosen to locate and invest in Peterborough is a testament to the city’s contemporary industrial profile.
“It also confirms such occupiers’ appetite for commercial premises here in seeing a presence in the city as enabling company growth.”