Lincoln-based PAI member Banks Long & Co has revealed that it has sold impressive “design-and-build” headquarters to the growing company, Metro Rod, which is moving its team to the popular Riverside Enterprise Park in Saxilby.
Banks Long & Co acted on behalf of its clients, joint developers Stirlin and Castle Square Securities, in the sale of the hybrid building, which features an equal mix of warehousing and office space.
And there could be more good news to follow, with other opportunities for other high-flyers to follow Metro Rod’s lead.
Metro Rod is a drainage contractor dealing with all types of drainage-related cleaning, repairs and associated services for a wide variety of commercial and domestic customers.
Maindrain Lincs Director Spencer Horsfield - who trades the Metro Rod franchise covering all of Lincolnshire, North Cambridgeshire and the cities of Hull and Beverley - is delighted to be relocating all staff currently work out of the company’s premises in Nettleton, near Caistor.
“We employ 26 people and it is great that they are all moving with us when we switch to Saxilby in February, when I am also looking to take on 10 more people. We currently operate a fleet of 26 vehicles,” said Spencer.
“Our workload includes contracts with a wide range of clients, including local authorities, the majority of Facilities Management Companies and the major of construction firms within our territory.
“Our new premises enjoy an excellent location, giving us easy access to the A57, A1 and further afield, which will make it easier for us to service our network of clients.”
Stirlin Development Manager Matt Padley said: “We have been working with Spencer and the team at Metro Rod on this exciting project for the past year, from design through to construction.
“We are delighted to see the building complete - it means a great deal to us that we’re able to help facilitate Metro Rod’s exciting business growth and expansion plan.
“It has been a pleasure to work with them on this project and support them throughout the process. We are also extremely pleased that their striking building has recently been selected for nomination by West Lindsey Building Control for the LABC Building Excellence Awards.”
Castle Square Securities Director George Lockwood said: “The sale of this quality hybrid unit to Metro Rod demonstrates the strength and attractiveness of this expanding business park, located off the A57 West of Lincoln.
“We are delighted to have assisted Metro Rod with its expansion and relocation.”
Banks Long & Co Associate Lewis Cove added: “Metro Rod’s new bespoke headquarters provide the company with 4,865 sq ft of working space. We wish Spencer and his team much success for the future.
“I am delighted to reveal that we have planning permission to develop three more design-and-build properties on the Enterprise Park, which would be suitable for warehouse, industrial and office use.
“We are confident these opportunities will appeal to companies seeking new premises which could be ready for them to move into within six months of agreeing terms.”