Firm expands on Staffordshire business park and more lettings news

A MIDLANDS company, which supplies plastic sheet piling for flood defences and to stabilise motorway embankments, has expanded onto a Staffordshire industrial estate.

Aldridge Piling Equipment (Manufacturing) has taken on a 989 sq ft unit on Burntwood Business Park.

Managing director David Coley said it needed additional space to carry stock and a unit with its own compound.

The company was formed four years ago as a sister firm company to the long-established Aldridge Piling Equipment (Hire) in Norton Canes.

The park is owned and managed by London and Cambridge Properties.

In other lettings, handmade cosmetics retailer Lush has moved to New Street in Birmingham city centre.

The Dorset firm, which has about 100 shops nationwide, has a taken a 10-year lease on the 1,800 sq ft, 23 New Street at a rent of £150,000 per annum.

The address is part of a number of units owned by HSBC Pension Fund at the location, two of which are occupied by Clarks Shoes and Carphone Warehouse.

Agent on the units is Cushman and Wakefield which also acted on 12-14 Park Street, Walsall, which has been let to Cad Factory on a 10-year lease at £75,000 per annum.

Card Factory has taken 1,700 sq ft across two floors. The freehold interest of the building has also changed hands between two private investors in a deal worth £850,000.

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