Engineering firm moves into new premises

1 min read

SGS Engineering has moved into a new Derby 17,500 square foot unit after agreeing a deal with landlord Manston with a deal brokered by Salloway that sees SGS take on a five-year lease.

Last month, Salloway brokered the deal to sell the premises to Manston and was retained to find an occupier.

Salloway associate director Chris Keogh said: "Once we were appointed to market the leasehold interest, we quickly set about generating quality enquiries which resulted in strong interest from four potential tenants. SGS obviously have a heavy presence at this location and therefore, represented the most attractive proposition for our client so terms were quickly agreed.

"A special word must also go to the legal counsels; Rachel Briggs and Alison James-Moore of Elvin Moore Solicitors who represented our client and Mark Vinecombe of Underwood Vinecombe on behalf of the tenant both of who acted in a highly professional and skilled manner to expedite the transaction in such a short space of time.”

SGS Engineering was established in 2003 when director Andy spotted a gap in the market for UK manufactured gas struts that could be built to an exacting standard and distributed quickly over the internet.

From humble beginnings the company has grown and grown, now spanning four sites in Derby, with a fifth site due to begin construction this year. SGS design and produce NitroLift gas struts at its UK manufacturing facilities based in Derby.