Investment leads to full occupancy at industrial estate

Continuous investment in a programme of improvements and refurbishment by a leading commercial property company has resulted in booming business at a Wolverhampton industrial estate, with all units now occupied.

London and Cambridge Properties (LCP), which owns and manages The Dunstall Hill Estate, has invested hundreds of thousands of pounds to improve properties at the site, which has 178,000 sq ft of units, in recent years.

Just two years ago, around 50% of the units on the site, which is one mile north of the city centre, lay empty but LCP’s commitment to reinvestment and refurbishment, along with an intensive management approach, has enabled the property company to attract several businesses to relocate there.

It has now welcomed Acerbus Technology, which has agreed a five-year lease on the 2,447 sq ft Unit 20. Acerbus Technology offers a waste management service specifically tailored to the needs of the gas boiler installation, maintenance and servicing industries. The industry-specific bespoke service ensures guaranteed compliance with the requirements of the EU Waste Framework Directive.

Chris Hausvalds, operations director of Acerbus Technology, which already operated a similar business that recycles and refurbishes recycling IT systems before moving to unit 20 to expand into the gas boiler industry, said: “Dunstall Hill Estate provides the ideal facilities for us to carry out this new division of the business.

“We were impressed with the quality of the unit and are now looking forward to expanding the business in Wolverhampton.”

Andrew Preston, industrial property manager at LCP, said: “Even during the downturn, we were committed to continued refurbishment and reinvestment in our estates. This approach has paid off because we now have no voids on the Dunstall Hill Estate, which is an enviable position to be in.

“We are pleased that companies want to bring their businesses to the West Midlands and create jobs here.”

Dunstall Hill offers industrial and trade accommodation within a security fenced forecourt service yard. It is accessed off Gorsebrook Road, close to the entrance of Dunstall Hill Racecourse. The main A449 Wolverhampton to Stafford Road is approximately 250 yards from the site, providing access to Wolverhampton City Centre, and to junction 2 of the M54 and the wider national motorway network. Existing tenants include Gunnebo UK Ltd, Wyko Group and Heinrich Georg (UK) Ltd.

Picture shows Andrew Preston, industrial property manager at LCP.