Flint Bishop

Speculative development bucks tough economic times

Pictured: (left) Swimming Pool Safety Company commercial director Robin McGloughlin and (right) the company's operations director Keith Sanderson are pictured with (centre) Banks Long & Co surveyor Matthew Brooks outside their new premises on the Pioneer  Business Park

Developers confident enough to take a risk in a challenging market can reap good rewards, according to a Lincoln commercial agent. 

Banks Long & Co today revealed that all the units at the speculatively-built Pioneer Business Park, off Doddington Road, have been snapped-up, which is great news for the local economy. 

The development, by The Roe Group, has attracted a diverse mix of expanding and relocating businesses in the food, engineering and service industries.

Tenants who have taken the plunge and moved into Pioneer include The Swimming Pool Safety Company, The Original Cake Company - which has just taken a second unit, Coupling Services Ltd and Lakeside Caterers.

Banks Long & Co agency surveyor Matthew Brooks said: "We have seen an increase in the number and quality of enquiries for business space over recent months.

"We therefore recommended our clients finish the development to secure new tenants.

"As a result, all 13,000 sq ft of the industrial space has now been let, plus the detached 3,000 sq ft office building at the front of the site has been let to the expanding Swimming Pool Safety Company Ltd.

"These deals show that Lincoln continues to buck regional and national trends, with demand remaining for high quality premises offered on competitive terms."

The Swimming Pool Safety Company provides unique, innovative safety systems - designed to help prevent people from drowning and serious injury in swimming pools and water parks.

Managing director Rob White said: "We are an international business, with customers in Europe, The Middle East and America. We currently employ seven full-time staff. Who look after management, administration and operations.  We also rely heavily on freelance operatives and consultants, sourced locally where we can, who regularly work with us."

Fast-growing Swimming Pool Safety Company's move to Pioneer Way is its third in almost five years and is part of a three-year scale up of the business, which will allow it to meet the forecasted demand for its products and expertise.

"The increasing demand is down to the rising pressure on operators to reduce risks and ensure that  they comply with demanding health and safety guidelines. Pioneer Way is an ideal location. It puts us closer to the main trunk roads and within easy distance of East Midlands Airport, which we use regularly," said Mr White. 

With 2,500 public swimming pools in the UK alone - of which only a few are fitted with its products - the company sees plenty of opportunities in the market to make swimming a much-safer pastime for everyone.

Coupling Services Ltd - an engineering firm manufacturing components for the water treatment, power generation,  oil and gas industries - relocated to the Pioneer Business Park from Leeds. 

Managing Director Tony Lamb said: "When we decided to move, we scanned the market and realised that the Pioneer Way unit was ideal for our purposes.  We were able to move in quickly, which was important,  as we wanted to protect our professional, high quality image and service. 

"We have contact partners in more than 300 locations, across 16 countries and there is good future potential for the business. There are currently five people working here, but we are always keen to hear from more skilled CNC machinists, as we look to grow and meet market demand. 

"We hope that our move to the Pioneer Business Park will give us a firm foundation for further expansion," added Mr Lamb. 

 

Bookmark and Share

Article published by Midlands Business News on 16 November, 2011

Submit your company news and photographs to Midlands Business News via email news@midlandsbusinessnews.co.uk or submit news and events online here.

midlandsbusinessnews.co.uk is an online Midlands business news network and we welcome submissions of your company or business related news articles and event notifications.

 

 

Articles submitted by Banks Long and Co:



  • New tanning centre arrives in town - click to read
  • Restaurant confirms new jobs on the menu - click to read
  • Taking another punt on Lincoln's economy - click to read
  • Precious metals and more in Martindale Lane - click to read
  • Prime location attracts expanding brands - click to read
  • New salon is Cream of the crop - click to read
  • Savvy move by homes' expert - click to read
  • Community stores are a runaway success - click to read
  • Charity workers in Lincoln are starting the New Year on a high note - click to read
  • The Maltings gets 100% - click to read
  • New era for prominent city centre property - click to read
  • Entrepreneur bags city centre shop - click to read
  • Demand for student homes remains buoyant - click to read
  • Speculative development bucks tough economic times - click to read
  • Search the site

    News Article
    Search



    Faces behind
    the business

    Nick Beham

    Nick Behan



    PressVine
    The Maynard Hotel
    Incentive & Motivation
    Klick Solutions Media
    Gourmet life

    Need a Service?

    Search our Midlands
    Business Directory