Process equipment supplier to the metals industry Danieli has let its former Rotherham business park base to a medical equipment manufacturer which is expanding its global footprint.
Wassenburg Ltd, which is a world leader in manufacturing endoscope reprocessing products and solutions, has taken a five-year lease, at a headline rent of £8.95 per sq ft, of a 10,900 sq ft modern warehouse and office unit at Ignite @ Magna Business Park.
Danieli recently relocated to the Advanced Manufacturing Park in a new purpose-built office, laboratory and distribution centre and joins occupiers including Rolls-Royce and the UK Atomic Energy Authority and McLaren Automotive.
Andrew Betts, Managing Director of Danieli, said: “As part of Danieli’s relocation to the Advanced Manufacturing Park following significant expansion, Knight Frank was appointed to market our former premises which offered a high quality, industrial/business unit, with above average office content.
“Following strong interest, a letting to Wassenburg was agreed and Nick Wales of Knight Frank Sheffield has been retained to sell the investment.”
Rebecca Schofield of Knight Frank, who dealt with the letting, said: “The Ignite at Magna Development continues to prove popular; the premises are of high quality and are well located with easy access to J33 and 34 M1.
“Unit 4 Ignite was well received to the market and the layout and fit out proved attractive to occupiers. Wassenburg was attracted to the quality of the unit and the split between office and warehouse space, and it is great to see them relocate and expand in the area.”
Rakesh Javer, Managing Director at Wassenburg, added: “We are delighted to relocate to Unit 4 Ignite. The high-quality facilities and strategic location provide the perfect base for our operations as we continue to expand and serve our customers more effectively.”
