46 property
Al Murad Tiles paves the way to success at Stadium Trade & Business Park
Center, Halfords Autocentres, Benchmark Kitchens, Mr Clutch Autocentre and Howdens on the Park.
James Ansher, asset manager at Salmon Harvester, commented: “These recent lettings confirm that occupiers view Stadium Trade and Business as the prime trade location to be in Reading. The occupiers definitely benefit by being close to complimentary businesses and the latest tenants to the park add to this attraction.”
Stadium Trade and Business Park has welcomed two new tenants. Al-Murad Tiles and Apple Electrics have taken 13,400 sq ft of space at Reading’s premier trade location
Al-Murad Tiles, the UK’s largest importer and distributor of tiles has opened its latest 7,300 sq ft showroom on the estate. With over 70 stores and franchises across the UK Al-Murad specialises in natural stone and ceramic tiles from all across the world.
In addition Apple Electrics, the Berkshire home and electrical appliance specialist have relocated their Reading showroom,
taking a 6,100 sq ft unit on the Trade Park. Apple Electrics have been providing sales, installation and repairs services to Reading area for over 30 years.
Haslams and Jones Lang LaSalle advised the landlord Salmon Harvester Opportunity Fund.
The new tenants join Screwfix, Plumb
Norbar party launches new production at Banbury
Norbar Torque Tools officially opened its new premises at Wildmere Road, Banbury in October with an on-site evening party for employees and special guests, including Sir Tony Baldry, MP for Banbury, the Mayor of Banbury Cllr Tony Ilott and the chairman of Cherwell District Council, Cllr Colin Clarke.
This 170,000 sq ft production site is over three times the size of the company's current Banbury head office and factory at Beaumont Road and will allow it to expand manufacturing output in order to meet increased worldwide demand for its products.
The move is being phased, with the two units running concurrently until project completion in 2015. The expansion will mean more local employment opportunities at Norbar, which has already increased its workforce this year by 25 to 260 and plans further increases in the future.
Norbar is a world-leading specialist in the design, development and production
www.businessmag.co.uk
of torque tightening and measuring equipment, exporting 75% of its output to markets worldwide. The company has always loyally retained its manufacturing base in Banbury and this will be its third move in the town. During this time, it has increased its overseas presence and there are now Norbar companies in Australia, the USA, New Zealand, Singapore, China and India.
Managing director Neill Brodey said that it was fitting that the company should be marking its 70th anniversary year in 2012 with a move to a new site which offers exceptional opportunities for development and growth of the business in the UK and overseas. He explained that the move had taken two years of planning and preparation and praised the energy and hard work of the project team that had made it possible.
Sir Tony Baldry MP said that Norbar was one of the longest established companies in his constituency and an excellent employer. “It is marvellous to see a family business that has grown
From left: Philip Brodey, sales & marketing director, Catherine Rohll, commercial director and Neill Brodey, managing director at the official opening
from strength to strength. They are a credit to Banbury,” he said.
The company has twice won the Queen’s Award for Export Achievement and this year saw Norbar voted the county’s top exporter at the Oxfordshire Business Awards and Business of the Year 2012 at the Cherwell Business Awards. Norbar also boasts an award-winning canteen, which was responsible for the catering on the launch evening.
Details:
01295-270333
enquiry@norbar.com
THE BUSINESS MAGAZINE – THAMES VALLEY – NOVEMBER 2012
Details: Neil Seager 0118-9211516
neilseager@haslams.co.uk www.haslams.co.uk
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