A leading pump solutions and plant hire company in the UK is set to continue growth with purpose-built new premises in East Dorset.
Selwood’s Bournemouth plant hire branch has moved just yards from its former site of 16 years on Woolsbridge Industrial Estate at Three Legged Cross.
Thirteen staff are based in the new premises, which will provide plant hire services across the region and includes a large yard.
Commercial property consultancy Vail Williams, operating out of Portsmouth and Southampton, advised Selwood.
Founded in 1946, Selwood has grown to become the UK’s leader in pump rental and is known globally for its pump products.
Selwood, which employs more than 600 people, signed a 15-year lease on the one-acre site, illustrating its commitment to customers across the region.
With a high-quality warehouse, with 8m eaves, and fitted offices, the new branch will enable Selwood to drive the business forward.
Russell Miller, a partner at Vail Williams’ Solent region, oversaw consultancy services for Selwood, which is headquartered at Chandler’s Ford, near Southampton.
They included planning and building consultancy, transactional activity and lease advice.
Ankers & Rawlings, a family-owned and run property developer near Ferndown in East Dorset, owns the site.
Selwood’s previous lease on the same estate was due to expire and the building had become too small due to the company’s expansion plans.
Russell said: “Selwood was keen to remain on the Woolsbridge Industrial Estate because of its strategic location near to a good road network and close to Ringwood, Ferndown, Wimborne and the north of Bournemouth. Given the limited availability of existing suitable buildings, the most viable option was development led and we therefore sought competitive proposals from developers for a new build.
“On behalf of Selwood, we agreed terms with Ankers & Rawlings, including linking the lease exit of the existing premises to the new unit being constructed by Ankers & Rawlings, enabling lease-related savings for Selwood.”
Vail Williams’ building consultancy team project-monitored the construction until practical completion last month (November) and dealt with associated issues such as collateral warrantees, landlord and tenant specifications and rooftop solar panels.
Tim Vincent, Selwood’s commercial property manager, said: “Selwood is grateful to Vail Williams and Ankers & Rawlings for enabling the Bournemouth plant branch to remain on the Woolsbridge Industrial Estate. The location is well known to our customers and suppliers and highly convenient. We are excited to be starting the New Year in these superb purpose-built premises.”