Jointly acting on behalf of Cartonplast UK Limited, the Building Consultancy and Industrial teams at CBRE Leeds have acquired and negotiated a deal on a new warehouse unit for the company at Watervole Way in Doncaster.
Cartonplast has relocated from its previous premises at Shaw Lane Industrial Estate, Doncaster.
CBRE’s Industrial Agency team was appointed to acquire a new warehouse to meet future business expansion plans by Cartonplast, which specializes in the supply of layer pad pool systems for the container industries (Glass, Can, PET).
Working in close collaboration with the Building Consultancy, the team was able to identify a suitable property in the Doncaster area and ultimately negotiate a deal on a 44,564 sq ft unit at Watervole Way.
In addition, the CBRE Building Consultancy team provided a building survey report and assisted the client and their legal advisors on the deal agreement. They supported Cartonplast in monitoring the Landlord’s agreed work and standard of finish, as well as advising on the vacation of current premises and negotiating the final dilapidations settlement.
Watervole Way comprises a new-build industrial unit which will be sub-divided to allow Cartonplast to take occupation of part of the building. The property is a purpose built, modern business centre located just off of the M18, close to the A1(M) and M1.
Mike Baugh, senior director for the Industrial Agency team at CBRE Leeds, said: “We enjoyed working with Cartonplast and securing new premises for them at Watervole Way. We have worked closely with the Building Consultancy team through every step of the deal to ensure the very best outcome for our client.
“We feel that the excellent location and facilities at Watervole Way offer Cartonplast the perfect environment in which to build on its existing success.”
Jonathan Gobie, senior surveyor for the Building Consultancy team at CBRE Leeds, said: “This instruction is a good example of how multi-service collaboration between CBRE teams, coupled with our commercial and pragmatic advice continue to support our client’s objectives. In this case, the relocation to new premises to support Cartonplast’s business growth strategy.”