Packaging company Taylor Davis, which is based in Wiltshire and specialises in producing metal and plastic containers for food and other uses, has opened its first northern logistics centre at Ferrybridge in West Yorkshire.
The new facility has already created 15 new jobs in an area that was hit by the closure, in May this year, of the Ferrybridge C coal-fired power station which employed over 170 people, with further recruitment planned later in the year.
Property consultancy Eddisons, whose head office is in Leeds, acted on behalf of landlord Wharfedale Finance to broker the deal, which sees Taylor Davis sign a 10-year lease on the 40,000 sq ft warehouse at Ferrybridge Business Park.
The facility is the company’s first northern distribution base and will supplement its warehouse and distribution centres at Westbury in Wiltshire and Warwick, enabling more efficient delivery of its plastic and metal containers to clients across the UK.
Steven Jones, associate agency director at Eddisons, said: “Medium sized warehouses of between 20,000 and 50,000 sq ft, such as this one at Ferrybridge, are becoming increasingly scarce and rents, as a result, are rising.”
He added: “This was a real win-win situation as we were able to secure a tenant for our client as well as helping to provide a boost to the economy of the Ferrybridge area with Taylor Davis’s creation of new jobs to staff the firm’s new distribution centre.”
Wayne Weatherhead of Taylor Davis said: “We’re really excited to be expanding into Yorkshire and our new Ferrybridge site is ideally located for the A1 and M62 motorways which will give us excellent access to the whole of the North.
“We have come a long way since our inception in 1978. Despite our phenomenal growth, our core values remain the same, providing customers with an unparalleled level of cost-effective service. This, above all else, has secured our position as one of the largest suppliers of containers throughout the UK.”
Law firm Gordons acted on behalf of landlord Wharfedale Finance and Michael Steel & Co was joint agent with Eddisons on the deal.
Gordons commercial property partner, Paul Young, said: “We are very pleased to have a tenant of this calibre moving to the Ferrybridge Business Park, especially as this will create much-needed jobs for people in the local area. The fact that an established company of Taylor Davies’ size and reputation chose this site is testament to Ferrybridge’s ideal location and the quality of the space on offer.”
Joining Eddisons as an Associate Director in 2013, Steven brings to the table over fifteen years’ experience as a surveyor, particularly active within the Yorkshire commercial property market as a professional consultant in general practice, including ten years' PQE (Post Qualified Experience).
Steven now leads the Leeds agency team providing coverage in investment brokerage, industrial and logistics as well as office agency and development.
As a member of The Royal Institution of Chartered Surveyors (MRICS), The Leeds Office Agents Forum (LOAF), The Industrial Agents Society (IAS), and as Joint Chairman of The Office Agents Society (OAS) for Yorkshire, Steven’s solid industry knowledge, expertise and networks make him a reliable reference point for clients ranging from high net worth individuals, occupiers, PLCs, regional property companies as well as banks and investors.