An Ilkeston-based composites components manufacturer has chosen Derby as the home for its growth plans.
Atlas Composite Technologies will be taking up occupation of a modern industrial unit following a deal brokered by Salloway Property Consultants.
The new building, which comprises c. 30,000 sq ft of workshop and office space, is located in a high-profile location on Millennium Way, Pride Park, directly opposite DCFC’s Pride Park Stadium.
Hugo Beresford, the surveyor at Salloway who was responsible for the deal, said the transaction was far from straight-forward. “My client was the existing tenant who had sub-let to another company. The sub-lease was coming to an end but the timings did not align with Atlas’ requirements. In the end we had to negotiate a surrender with the Landlord, simultaneously with the grant of a new lease to Atlas.
“I am delighted to have been able to put this deal together, not only because it releases my clients from their obligations under the old lease but also because it secures new premises for a successful and growing manufacturing company which enables them to fulfil various exciting new contracts.”
Atlas Composite Technologies are an established UK composites manufacturer, based in Ilkeston, who manufacture complex composite components for industry sectors such as aerospace engineering, motorsport, defence, satellite communications and research and development.
