Network Space sign up Q-railing for new build at Tunstall Arrow
Network Space is delighted to have exchanged contracts with innovative high grade railing and balustrade systems provider Q-railing for the development of a new 40,655 sq ft warehouse, production and showroom facility on Network Space’s Tunstall Arrow site in Stoke-on-Trent.
The site, acquired by Network Space in 2013, has recently achieved Enterprise Zone Status and this deal with Q-Railing represents one of first new developments to have been secured following the EZ announcement in November last year. Network Space will now commence work on a planning application for the new facility which it expects to submit in the summer with works due to start on site early in 2017. On completion of the building, Q-railing will enter into a 15 year lease.
Q-railing is already a well established and well known business in the Stoke area and are the main stand sponsor for Premiership club Stoke City. This new facility will give the company a huge boost as it continues to expand its UK operations.
Stephen Barnes, Managing Director of Development at Network Space said “We are delighted to have secured Q-Railing to Tunstall Arrow and we look forward to working with the Q-Railing team to bring forward this important facility which will be a significant addition to our existing 3m sq ft industrial and employment property investment portfolio. This first letting also bears testament to our excellent working relationship with Stoke-on-Trent City Council and the EZ Team who we will continue to work with closely to ensure that this development and the rest of the Tunstall Arrow site can come forward as soon as possible.”
Bruce Bradshaw, General Manager of Q-railing went on to say “We are delighted to have made the commitment, with Network Space to lease premises on the Tunstall Arrow site. Q-railing is growing fast and we are rapidly out-growing our existing premises in Wolstanton. Network Space has been very understanding of our requirements and we are confident that the new building will be a credit to us both and to the local community.”
Stoke-on-Trent City Council Deputy Leader Councilor Abi Brown said the Network Space development plans were superb news for the city.
“It is a delight to be working with Network Space, one of the key organisations driving forward the success of the Ceramic Valley Enterprise Zone. The city is attracting top quality companies in the field of manufacturing innovation, and as highly experienced investors, Network Space are delivering the expertise and commercial property acumen which is vital to bring more good quality investment and jobs into the city. They recognise this city’s position as a new growth point for the nation, and they are an asset to Stoke-on-Trent’s growing success story.
“The Government-backed Ceramic Valley Enterprise Zone caused quite a stir amongst investors at the MIPIM international investors fair at Cannes in March. Stoke-on-Trent is a city which has reignited its creative and industrial spark. Everything is pointing forwards for Stoke-on-Trent,” she said.
Richard Mounsey of Mounsey Charted Surveyors added “We are delighted to have secured Q-Railing as the first occupier of the Tunstall Arrow development. The development site is only very recently been put to the market and it is great to make such a swift start! The sites great location and deliverability coupled with Network Space's reputation as a developer was key in Q-Railing's decision making process. We are currently in discussions with several other occupiers on this site and hope to be able to confirm further names shortly”
Tunstall Arrow is a 28 acre employment site situated in the north of Stoke-on-Trent and very well located for access from the A500 and M6 Junction 16. It is accessed directly from James Brindley Way, the recently constructed Tunstall town centre by-pass and can provide industrial units ranging from 12,000 to 100,000 sq ft.