£8m investment drives expansion for Tennants
TENNANTS Auctioneers is undertaking an £8m expansion of its centre in North Yorkshire to create new facilities that will support further growth.
The project at the Leyburn site includes an extension to the existing auction house that will be carried out by Esh Build.
Tennants started out as a small family-run business, set up by Edmund Slinger Tennant more than 100 years ago. The family business is now run by Rodney Tennant and his daughters Alison, Jane and Caroline.
The auction business operates internationally from its purpose built premises and offers 24 specialist departments with 35 full-time staff.
The new extension will incorporate two multi-purpose sale and function rooms, display galleries and two new restaurants. The works will be completed in time for the Tour De France on July 5, 2014.
Les Hunter, contracts manager for Esh Build, said: “As a Leyburn resident I know Tennants well and it is a renowned North Yorkshire business. I am sure this major extension will maintain Tennants as a leading auction house in the UK and help boost the local economy.”
Esh Build, part of Leeds-based Esh Construction, has shown significant growth in 2013. The company now employs more than 100 people and had a turnover of £22m in 2012.
The company has already secured contracts in excess of £32m this year and Chris Walker, the regional divisional director, is confident the company will achieve £40m in 2013.
Consultants on the project include architects Langtry Langton, structural engineers WSP and QS Services Yorkshire.
