A Black Country double glazing business is expanding – taking over the factory next door in a move which could potentially create new jobs.
Euro Glazing (UK), of West Bromwich, has agreed a £200,000 deal with the help of commercial property agents Bond Wolfe.
Based at 115 Spon Lane, Euro Glazing (UK) is acquiring Unit 2, Sam’s Lane, a former MOT service station, which lies at the back of its own premises.
A spokesman said: “This nearby property came on to the market and we grabbed it.
“We have needed additional space for some time and this was a fantastic opportunity – absolutely ideal.
“The business is growing. We have put in a lot of hard work and are trading well despite the difficult economic climate.”
James Mattin, Bond Wolfe managing partner, said: “Euro Glazing (UK) snapped up this unit so fast it went under offer in just seven days.
“And so impressed were the landlords of No1 Sam’s Lane we were instructed to sell the freehold which also went on offer within a week, with exchange of contracts currently being finalised.”
Mr Mattin added: “The message is that freehold industrial units are seeing good demand locally.
“Indeed we could do with more as the interest is definitely there.”
Unit 2, Sam’s Lane, is made up of two buildings, one of 4,500 sq ft and the other 2,500 sq ft. There are front and rear yards and separate offices.
It lies on the outskirts of West Bromwich town centre with easy links to Junction 1 of the M5.