Former airport logistics company set for take off after move to £3m facility
A freight forwarding and logistics company has purchased a site in Ashby-de-la-Zouch with backing from Barclays. MIES International has bought the 35,000 sq ft site on the newly developed Ivanhoe Business Park. It is moving in to a ?3 million, purpose-built facility with bespoke loading bays.
The business was established in 1977 and was initially based at East Midlands Airport, which is just 10 miles to the north-east. Over the years it expanded into Birmingham, Manchester and Heathrow Airports, before building a 20,000 sq ft purpose built facility in Tamworth. Philip Eaton, managing director of MIES International, said: “Due to the expansion of the business, it became necessary to look for new premises.
“This site provides us with the capacity to further grow the business and operate more efficiently.” MIES has a longstanding relationship with Barclays. Read more: Leicestershire Rich List 2016: Full list of top 50 wealthiest people in county
Simon Freeman, the bank’s relationship director, said: “The new premises will provide a great platform for MIES to grow. “The facility has been designed and built with this expansion in mind and offers first class facilities.”Ivanhoe Business Park has proved an attractive location for businesses looking to grow. The 30-acre site off the Ashby Bypass, within two miles of the A42, offers design and build options ranging from 10,000 to 170,000 sq ft.
In May, Digital Office Systems moved to a new 5,000 sq ft building thanks to a ?650,000 loan from Lloyds Bank Commercial Banking. The building is more than double the size of its previous headquarters in the town centre. Other businesses at Ivanhoe Business Park include catering firm Wilson Vale, food testing and advisory company SVA and office products and services company DACS.
Fisher German, which has its registered head office in Market Harborough and has 15 branches across the UK, has also moved to the park.It relocated 130 staff from its four Ashby offices into a new purpose-built building following the firm’s consistent year-on-year growth of 10 per cent over the past few years. The building has room for 30 more staff if the firm continues to steadily increase its growth over the next five years.Ivanhoe Business Park is being developed by Clowes Developments. The developer’s agents are Phil Randle of Salloway and Tim Gilbertson of FHP.
At the time of the handover to Fisher German earlier this year, they said the deal was a “landmark moment” for Ivanhoe Business Park and Ashby as a whole.
FHP’s Tim Gilbertson said: “Fisher German’s relocation to the park confirms it as one of the region’s leading office, warehouse and distribution locations, while seeing additional investment in the town and the retention of one of the area’s best known companies.”
- ^ Comments (0) (www.leicestermercury.co.uk)
- ^ Leicestershire Rich List 2016: Full list of top 50 wealthiest people in county (www.leicestermercury.co.uk)