Leading Midlands’s commercial developer, Trebor Developments, in conjunction with funding partner Aviva Investors Pensions Limited, have let the speculative “Apollo” industrial building, on the Advanced Manufacturing Hub, located close to Birmingham City Centre, adjacent the A38 Aston Expressway, to Salts Healthcare Limited.
Salts Healthcare is a well-known local manufacturing company which is believed to be one of the oldest in Birmingham and one of the oldest family businesses in the country, dating back to 1701. As part of future expansion it will be relocating its high tech and innovative manufacturing and assembly operations to supplement other premises it operates in the Birmingham area. The letting comes following strong interest from a range of potential occupiers and has been achieved within 6 months of the building’s completion on site.
Bob Tattrie, Managing Partner, for Trebor Developments, commented: “we are delighted to have concluded contracts with Salts Healthcare Limited for the Apollo building. We always strongly believed in the location of the site and having delivered a quality, industrial, premises, were pleased with the high levels of interest from a range of occupiers. Salts Healthcare met all the criteria we had hoped for in letting this building and we will have seen the site acquired, developed, let and occupied in less than 2 years”.
Ben Lomax, on behalf of Aviva Investors Pensions Limited, commented: “Working with Birmingham City Council on the Advanced Manufacturing Hub has been a great opportunity to jointly promote the unique qualities that the area has to offer and deliver a fantastic product at an exciting time in the cycle. In Salts Healthcare we are delighted to have partnered with a very strong company who are investing heavily in the local economy“
Philip Salt, Chief Executive of Salts Healthcare commented: “moving to this large prestigious site enables Salts to continue its exciting expansion programme. Its modern manufacturing plant fits perfectly into the Advanced Manufacturing Hub. Apollo’s size, position and proximity to Salts head office make it a perfect fit. Salts is pleased that Birmingham, with its central location and powerful infrastructure, remains the ideal place for its manufacturing base."
Peter Salt, Managing Director of Salts Healthcare commented: “the Apollo building will allow Salts Healthcare to continue with its business expansion and provide it with the opportunity to further develop its innovative production techniques and product research. We are proud to have secured this new prestigious site which will allow us to remain in Birmingham and it fits well with our future plans and strategies.”
Cllr Ian Ward, Interim Leader of Birmingham City Council, commented: “I am delighted that Salts Healthcare have decided to expand their operations at the Advanced Manufacturing Hub (AMH) in Aston. The company has a long association with Birmingham and their expansion will generate significant new jobs and investment. They are the latest in a series of high profile occupiers to locate to the AMH which demonstrates the strength of the City’s advanced manufacturing sector.”
Trebor Developments / Aviva were represented by joint agents, Savills Birmingham Office (Charlie Spicer) and Cushman and Wakefield Birmingham office (David Binks).
Salts Healthcare was represented by Aspinall Verdi, Property Regeneration Consultants, Leeds office (Atam Verdi) and Gateley Plc, Birmingham office (James White).