Engineering firm leases five times more space at business park
Electrical engineering firm HV Energy Systems has expanded into a recently-built warehouse unit at Armstrong Business Park in Yate to support its growing involvement in a number of large-scale green and renewable energy projects.
Established in 2017, the company provides a suite of engineering services for the management, maintenance and development of new and existing infrastructure in the electrical power industry. Its workload has grown steadily over the past six years.
It has now leased Unit 1 Armstrong Business Park which was being marketed by Alder King. At 4,665 sq ft, the unit is nearly five times larger than its previous facility at the nearby Brunel Court on Dean Road Industrial Estate. The company is also hiring to support its growth.
HV Energy Systems managing director Craig Steven said: “Relocating to this modern, good sized and ideally located unit will set us up very well for the next phase of our growth strategy. The additional floor space, which we’re using as offices and equipment assembly space, will allow us to bring more of our business in-house, rather than sub-contracting, giving us greater control over the services we provide.”
Emma Smith, associate at Alder King, who acted for the private landlord, added: “Demand for quality warehouse space still outweighs availability across the region, but particularly in Bristol. We were therefore able to secure this letting within a matter of weeks of it coming onto the market.
“We also have a second unit on the same park, Unit 4, which went under offer very quickly and, assuming this proceeds to completion, will bring this very successful scheme to 100% occupation.”
