SEGRO, Europe’s leading developer and owner of industrial space, has let a 12,628 sq ft production/warehouse unit at its Kingsland Business Park in Basingstoke to The Ready Made Picture Frame Company.
The company, which manufactures 2,000 high quality wooden picture frames a day, has been based in Basingstoke for the past twenty years, and supplies artists, photographers and gift stores across the UK.
SEGRO has let Unit A at the Lutyens Industrial Centre, Kingsland Business Park, to The Ready Made Picture Frame Company on a fifteen-year lease. The company required new premises within a tight timescale, following a serious fire at its previous unit. SEGRO worked quickly to identify suitable accommodation and agree terms, enabling The Ready Made Picture Frame Company to move in and re-start production with minimum delay.
Managing Director of The Ready Made Picture Frame Company, Martyn Cheetham, comments: “SEGRO’s rapid response and flexibility in agreeing the deal meant we were able to return to full production only two months after the disastrous loss of our previous premises. We wanted to remain in Basingstoke and the unit at Kingsland Business Park provided the space we needed and a convenient location for our twenty-five locally based employees.”
The company’s new premises have office space and meeting/showroom facilities on the first floor, as well as warehouse/production space on the ground floor, and the added benefit of 25 car parking spaces.
SEGRO leasing manager, Chris Davies, adds: “We were pleased to be able to provide the right space and speed of response to support the company’s return to full production as quickly as possible. With its flexible, well specified office accommodation and extensive production/warehouse space, the Lutyens Industrial Centre offered an ideal solution to the company’s needs and a convenient location.”
The Kingsland Business Park is an established industrial/warehouse location with easy access to the M3 motorway and Basingstoke town centre. A range of industrial/warehouse units are available from 4,198 sq ft with additional bespoke design and build opportunities for warehouse, distribution and production uses up to 45,640 sq ft.
Agents for SEGRO at Kingsland Business Park are Hollis Hockley and London Clancy. The Ready Made Picture Frame Company was represented by Build Consultants Ltd.
