Two recent transactions have brought the industrial element of a mixed-use business park in Neath up to full occupancy.
Acting for a local investor, national commercial property consultants, Lambert Smith Hampton have completed deals at Neath Vale Business Park in Resolven.
Paragon Engineered Timber Ltd has taken a five-year lease on a 11,115 sq ft manufacturing facility at £35,000 per annum. And separately, Recycle Direct has let 13,035 sq ft of space also on five-year terms and at £27,000 per annum.
“Situated next to the A465 Heads of the Valleys road five miles north of Neath, the park has become a popular business location as it provides occupiers with easy access to key transport routes including junction 43 of the M4,” comments Jason Thorne, a Director at LSH.
“It is a modern, attractive site and very strong strategically which is why the park’s light industrial and warehouse units are now all occupied, with only some office accommodation still available,” he adds.
Paragon, a sister company of Castle Carpentry, specialises in manufacturing timber roof trusses for house builders.
Recycle Direct which provides new, used and refurbished recycling machinery, moved to its new base at the Neath Vale business park in October, relocating from smaller premises in Bridgend.
“We are a family-owned, independent business formed over 20 years ago by two former Lindemann service engineers to provide reliable and inexpensive spares and service. Recycle Direct is a full engineering service provider for the recycling industry.” explains its MD, Nigel Davies.
The company has grown considerably to become the largest independent company in the UK to specialise in spares and service for Lindemann machinery as well as providing recycling solutions for the management of paper, plastic and general waste.
“This new base not only provides us with room for growth but superb access routes to our customers all over the UK.”
Other occupiers choosing the park as their base include Magor Designs, Mollart Engineering and Automotive UK.