Pictured above: (l-r) Alan Smart -ATP, Paul Brewer - GVA,
Gary Redfern - Marshalls
GVA Grimley's Birmingham office has advised on the purchase of a
13-acre site (5.35 hectares) at Cannock Wood Industrial Estate for
automotive re-manufacturer ATP Industries Group.
Following the sale of its existing Hednesford site at Cannock
Chase to St. Modwen earlier this year, the manufacturer is
relocating to the nearby site of the former Marshalls Plc concrete
manufacturing plant, where an existing 47,000 sq ft building will
be modernised and new additional facilities of around 50,000 sq ft
will be purpose built over the coming year.
After more than 27 years at Victoria Street, Hednesford, the
relocation will allow ATP Industries Group to extend its operation,
whilst remaining in the Cannock region where the business has grown
over the last 40 years.
Alan Smart, chairman and chief executive at ATP Industries
Group, said: "The purchase provides us with a perfect opportunity
to relocate and improve our operations, whilst retaining our
specialist workforce that live in and around the Cannock
area.
"Since its inception in 1969, we have built ATP Industries Group
out of the region into an incredibly successful global company. The
relocation is set to benefit not only our current and future
clients, but also our highly skilled existing and future workforce
that will grow with the business throughout the remainder of the
21st century within the new premises.
"After officially receiving the keys from former owner Marshalls
Plc this week, we are very excited about getting work started on
site and, as a local company committed to the prosperity of the
region, we will also endeavour to source local contractors to carry
out the work over the next year where possible."
GVA Grimley advised ATP Industries Group throughout, including
negotiating the sale of its existing site in Hednesford to St.
Modwen and the acquisition of the new site at Cannock Wood
Industrial Estate. Midland's based Webb Gray & Partners has
been appointed as the architect.
Paul Brewer, retail director at GVA Grimley, said: "Since
negotiating the sale of the Victoria Street site on behalf of ATP
Industries Group to St. Modwen back in March, we have been working
hard to meet the company's bespoke requirements and find a site
that would allow the build of new modern premises of the required
size.
"It was important to the client to find a location that would
allow the valued labour force to be retained. Acquiring the Cannock
Wood Industrial Estate site for ATP Industries Group provides them
with the ideal base for their new premises."