Monday, November 25, 2024

Trio of deals for former aircraft production base

Humber Enterprise Park in Brough is marking its first decade as a strategic business location, with two major long-term lease extensions and a significant new office tenant.

Three completed property deals are providing owner Westcore Europe with the thrust to take it to the next level, 10 years on from the sale and part leaseback that ended the site’s exclusivity as a BAE Systems facility.

The historic home to the Hawk jet, afforded iconic status by the Red Arrows, was opened up to new occupiers when the defence giant significantly reduced its East Yorkshire footprint in 2014.

Cablescan and Supercraft have now made long-term commitments to the site, with seven-and-a-half and nine-and-a-half year deals respectively. Both work in the defence arena. Also arriving on site is Pure Renewables, with its commercial and industrial division, on a three-year deal.

Cablescan, part of Fortune 500 listed Amphenol Corporation, manufactures high performance electrical cable assemblies and control panels for defence, aerospace, marine, industrial, and commercial applications, with a team of 100 employed on site. Brough is the company’s UK headquarters, with further satellite facilities in the UK and Europe.

Lloyd Cooper, Cablescan’s Business Unit Director, said: “We are delighted to commit to Humber Enterprise Park, a business location steeped in history and ripe with innovation, that really sets itself apart. As a company with global partners, the site’s heritage is a source of real pride.

“The decision has underpinned our plan to invest in the facilities we operate from, with a refurbishment of our office space underway and improving shop floor facilities next on the agenda, further enhancing the great working environment we provide.”

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