LEICESTER-BASED KA Tooling Ltd has taken the lease of a unit at Bardon’s Hilltop Industrial Estate following a deal brokered by property consultant Innes England.
The engineering firm has taken the 6,500 sq ft unit on a five year term at £25,000 per annum following a need for bigger premises to accommodate business growth.
The unit, which comprises a workshop and showroom, has enabled KA Tooling Ltd to meet the ever-growing demand for its specialist services - bespoke injection mould tools.
Founded in 2004 by co-directors Alex Hill and Kien Chung, KA Tooling supplies its moulds to a range of industries across the Midlands including the automotive and beauty industries.
Alex Hill said: “We chose to move to Hilltop Industrial Estate as it has a great location with convenient transportation links and the unit is larger than our previous premises in Leicester city centre. We were also attracted by the existing workshop which will provide an onsite workspace for our skilled team of in-house tool makers.
“This move has come as part of our 12 month expansion plan, which we implemented in order to manage the growing demand for our products. We are extremely busy and we needed larger premises that could handle this demand.
“I’m delighted we have found a property that meets all our needs and has allowed us to employee three new members of staff and also invest in new machinery – both of which have been key to our ongoing expansion and success.”
Peter Doleman, director at Innes England’s Leicester office, acted on behalf of the landlord McGrath Properties Ltd. He said: “This modern warehouse unit in which KA Tooling Ltd is now based seems to work perfectly for this successful business and will hopefully enhance the firm’s day-to-day operations making it another successful business at Bardon.
“We continue to see strong levels of activity in industrial take-up across Leicester and Leicestershire and, with its modern units close to the M1, Hilltop Industrial Estate continues to be a popular choice for Leicestershire businesses.”
Hilltop Industrial Estate is part of an established Bardon business area which is located less than two miles from Junction 22 of the M1 and the A511 duel carriageway provides easy access to the M42 and the West Midlands.