Purolite expands twice in 12 months

'Incredible strides in Life Sciences industry'

27 March 2017

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Cooke & Arkwright have acquired, on behalf of Purolite Ltd., (water treatment company) approximately 6,000 sq ft of Unit C1 on the Llantrisant Business Park. The occupation of C1 follows further expansion of Purolite’s activities into Unit D (15,023 sq ft) in 2015, and Purolite now occupies three facilities adjacent to each other, permitting further investment in the area, securing employment and supporting future development of the business.

Jeremy Symons, who acted on behalf of Purolite commented, “The opportunity to acquire an adjacent building only arises on average once every 10 years, and the good fortune to be able to do that twice in the space of 12 months, dovetailing with the client’s expansion requirements, was particularly advantageous. 

Ian Horton of Purolite commented, “Purolite have made incredible strides in the Life Sciences industry since 2012, with intensive product development carried out at our European R&D Centre of Excellence in Llantrisant. Through securing adjacent sites, including a multi-million pound investment in a state-of-the-art manufacturing facility, Purolite can further support the ongoing, large-scale manufacture and global distribution of vital Life Sciences products here in Wales, whilst creating and safeguarding over 100 jobs in the area over the next five years.”

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP