Carterdale moves into Riga Wharf
Automotive coatings company Carterdale has let a 14,000 sq ft warehouse and industrial unit at Riga Wharf in Gloucester.
The deal, which was secured by property agency DTZ, was agreed on a ten-year term.
The property comprises a detached unit with a large secure fenced concrete yard and 2,195 sq ft of office space.
DTZ had been marketing the property for three months before the deal was secured.
"The property attracted a diverse range of enquiries due to its prominence and secure yard area. As a result, we managed to secure a tenant within a short marketing period," said Phil Cranstone, senior surveyor at DTZ in Bristol.
"The unit offers a strong base for Carterdale to expand its operations, and keeps their growing business in the Gloucester area."
Alan Matthews of Carterdale, which was previously based at Eastern Avenue, added: "Riga Wharf was always the prime location with the yardage and space to enable the expansion and security that our automotive customer base requires, with the benefit of keeping our skilled employees local to Gloucester."
