Manufacturer makes a move on Derby with 30,000 sq ft base

An Ilkeston-based composites components manufacturer is set to open a new base in Derby.

Atlas Composite Technologies has taken an industrial unit following a deal brokered by Salloway Property Consultants.

The new building, which includes 30,000sq.ft. of workshop and office space, is on Millennium Way, Pride Park, directly opposite Derby County’s Pride stadium.

Hugo Beresford, the surveyor at Salloway who was responsible for the deal, said the transaction was far from straight-forward: “My client was the existing tenant who had sub-let to another company. The sub-lease was coming to an end but the timings did not align with Atlas’s requirements. In the end we had to negotiate a surrender with the landlord, simultaneously with the grant of a new lease to Atlas.

“I am delighted to have been able to put this deal together, not only because it releases my clients from their obligations under the old lease but also because it secures new premises for a successful and growing manufacturing company which enables them to fulfil various exciting new contracts.”

Atlas Composite Technologies is a UK composites manufacturer, which manufactures complex composite components for industry sectors such as aerospace engineering, motorsport, defence, satellite communications and research and development.