ICONIC Brit It Brand, The Cambridge Satchel Company, has taken the lease on a factory in Fosse Way, Syston Leicester following continued business expansion and on-going demand for the highly coveted bags.
Innes England acted on behalf of the factory landlord, Pukka Pies, to secure the deal on the 30,000 sq ft factory.
The firm is moving its workforce from a site in Wigston and plans to employ 40 new staff at the factory over the next six months.
The factory, which is four times larger than the company’s previous site, will allow the company to increase its production threefold.
Peter Hotchin, director at Innes England’s Leicester office, acted on behalf of the landlord, he said: “From its humble beginnings in Cambridge five years ago, The Cambridge Satchel Company is a brand that is taking the world by storm. It is pleasing to see the business being able to grow into its next premises in the city.
“The new premises provide high quality factory and office accommodation along with a strategic location which allows space for continued growth, ease of access and good parking facilities for employees. It is ideally suited to The Cambridge Satchel Company’s current needs and plans for the future.
“Leicester has a rich history in the manufacture of textiles and craft and I’m pleased to see this remains thanks to businesses which continue to work from the area and support that heritage.
Tim Storer, managing director at Pukka Pies said: “We are delighted that Innes England has successfully secured new tenants for this property. The Cambridge Satchel Company is a highly successful, growing business and we are very pleased with the arrangement.”
The factory is situated on the east side of Fosse Way on the outskirts of Syston, close to the A46 Leicester to Newark road and Leicester bypass which links directly to Junction 21a of the M1.
The property comprises two detached buildings, both being of single-storey steel frame construction with the larger building incorporating two-storey offices. There are extensive service yard and car parking facilities.
Established by Julie Deane (pictured), The Cambridge Satchel Company has a global fan base, selling to more than 110 countries, securing major international stockists, collaborating with high-profile designers and building a following among celebrities, fashion bloggers and fashion editors.