Kirklees Business News 31/05/11

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CLARE TOLLICK Recipe for tackling debt

MARK DALTON Asbestos woes persist Full stor y - Page 4

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An EXAMINER publication

KIRKLEES BUSINESS NEWS The business NEWSpaper for Kirklees

Firms charmed by country location

A PROJECT to transform an historic Mirfield mill into high-quality offices has made big strides. Wheatley Park, formerly known as Hopton Mills, has been turned into a rural office park. The latest phase has seen the restoration of the 1812 Building at the four-acre complex. An attractive 18th century watermill alongside the 1812 Building has also been refurbished as part of the scheme spearheaded by Leeds-based developer St James Securities. The developer has already secured four lettings in the three-storey 5,800 sq ft building while half of the 25,000sq ft office space available in total has been let. Oliver Quarmby, of St James Securities, said: “Wheatley Park lies in a beautiful wooded valley and is an oasis of calm only minutes away from the hustle and bustle of the Calder Valley and M62 corridor. It is a unique environment for a modern business park and a hidden gem.” He said: “We are especially pleased by the success of Wheatley Park because we took the unusual step of building speculatively in the middle of

the deepest recession since the Second World War. We have secured five lets already with a great mix of tenants. “We have obtained planning permission for the conversion of a further two buildings to offices and they will be built out on a sequential basis. We are now on course to create a thriving, highly-regarded business environment at Wheatley Park.” Waste recycling business Sunersol has signed a deal to take 1,065 sq ft in the 1812 Building, joining interior architecture company Normal TM, marketing consultancy Purebrand Creative Communications and a science company on the site. Some 2,400 sq ft of quality office space, divided into three suites, is still available to lease in the 1812 Building. Craig Thompson, of Sunersol, said: “We chose the site at Wheatley Park to house our office operations because of the outstanding setting, excellent location and top quality facilities. “The development stood out head and shoulders from anything else in the area.”

The failure rate among firms employing three to five employees fell by 17.04% while the rate for those with 26 to 50 staff was down by 24.59%. H o w e v e r, f a i l u r e s a m o n g medium-sized companies with 101 to 500 employees increased by 4.44% while large company insolvencies –

Talented textiles HUDDERSFIELD University has teamed up with a leading textile firm as part of its Working with Industry initiative. Students are set to benefit from the link-up with James H Heal & Co Ltd, which is recognised as a leading designer and manufacturer of high precision fabric and colour fastness testing equipment.

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■ MILL WORK: Wheatley Park is proving a popular rural office retreat

Meanwhile 12,100 sq ft of office s p a c e i s ava i l abl e at t h e l ovingly-restored Watermill, where textile firm Camira Fabrics has taken 13,000 sq ft. This space can be divided into a maximum seven suites, each with its own front door. The building over-

looks a mill pond and bridge access with panoramic views across the rolling countryside. Agents for Wheatley Park are Hanson Chartered Surveyors, of Huddersfield, and Michael Steel & Co, of Leeds.

Small firms report biggest fall in failure rates BUSINESS failures among small firms fell noticeably during April, according to a report. Figures from business information group Experian showed that 1,808 UK companies went bust last month – 0.55% down on the figure of 1,818 for the same month in 2010.

INSIDE

firms with more than 500 workers – rose by 9.09 %. Regional figures showed there were 143 company failures across Yorkshire – down by 4.03% on April, 2010. The biggest improvement was in the East Midlands, where insolvencies fell by 36.21% year-on-year. Eastern Eng-

land, the South East and the North East saw failures increase by 26.16%, 14.68% and 13.73% respectively year-on-year. The survey showed that the worst-hit sector was property, which saw a massive 70.37% year-on-year increase in failures.

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A FORMER Kirklees planning chief has “switched sides”. Andy Rushby, a former assistant head of planning at Kirklees Council, has set up a new planning consultancy.

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Solicitors for business inYorkshire www.chadwicklawrence.co.uk Huddersfield | Wakefield | Halifax | Leeds


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