Five new companies have moved into the Dafen area of Llanelli following the owners’ decision to transform a semi-derelict site into the trade counter business park, Dafen Trade Park.
National commercial property consultancy Lambert Smith Hampton (LSH) has negotiated leases with Enterprise Rent A Car, Tile and Bath Co, Toolstation, DD Plumbing and Plumb Hut.
MMR Holdings, the local development company that purchased the park in 2014, has invested £1m in refurbishing the 2.74 acre site which involved renovating a 35,121 sq ft building, once the base for Avon Inflatables.
The trade park now comprises ten units of between 2,368 and 5,005 sq ft, converted to a high standard and in a prominent location which has been instrumental in the number of national trade counter operators the park is attracting.
Enterprise Rent A Car has committed to a 3,280 sq ft unit, Tile and Bath Co have taken two units totalling 5,970 sq ft, Toolstation is occupying 3,875 sq ft of space, DD Plumbing’s unit spans 500 sq ft and Plumb Hut’s 2,368 sq ft.
MMR Holdings’ Managing Director, Rob Rees, is delighted with the finished product and the response from the market, and says: “It’s been extremely worthwhile to see our development plans come to fruition both in terms of the high quality finish of the park and the interest from first rate retailers.
“We were always confident that this multi-let park would fill a gap in the market for more trade counter space particularly as it is located so close to the retail parks of Trostre and Parc Pemberton both of which have contributed to the success of the area as a popular retail and trade destination.”
Jason Thorne of LSH who has been marketing the park throughout its 12 month renovation programme, adds: “Dafen Trade Park is an excellent example of how to take old stock within a strong strategic location and turn it into accommodation that meets the markets needs perfectly.
“There’s a lot of Interest in the four remaining units from a variety of businesses types attracted by the appeal of a good quality facility that, fronting on the A4138, is extremely accessible from J48 of the M4.”
Other companies currently located within the Dafen area include Zodiac Marine & Pool, Dyfed Steel and Owens Transport.