Former Preston Mill Sold to Expanding Local Business
Posted on 21st January 2016
A 24,638 sq ft insustrial premises on the site for a former mill in Preston has been sold to an expanding local business.
The former Bute Mill, Essex Street, Preston has been sold by a private vendor to Hunkydory Carfts Ltd., an award-winning company specialising in the design, manufacture and retail of papercraft products for the international craft market.
Ann and David Newhouse formed Cardcraft Plus in 1990 from a small shop in Preston city cente and with Hunkydory Crafts established in 2008, have now grown to become a market leader in the papercrafting field. The move to larger premises will accommodate the existing 70 workforce and Hunkydory Crafts will anticipate creating 20 new jobs for the area within the next 12 months.
Daniel Newhouse, Managing Director at Hunkydory Crafts said, “The increased space we now benefit from at Essex Street will enable us to further invest in new machinery, training and resources which will help us to achieve our goals over the coming years.
“The unit that Robert Pinkus & Co. sourced for us was in excellent condition and is ideal for our requirements, enabling us to further increase production volumes and satisfy our shopping television, wholesale and retail contracts. We have also taken the opportunity to build a 5,000 sq ft office suite, canteen and break-out area to create a better working environment for our talented team.”
Danny Pinkus, Partner at Robert Pinkus & Co. said, “Hunkydory Crafts and their sister company Cardcraft Plus were rapidly outgrowing their current Preston based on Sedgwick Street and needed new premises to cope with their successful online and mail order businesses. Essex Street ticked all the boxes, being in close proximity to their existing unit, delivering on size and providing additional space for further expansion and on the accessibility to the local motorway network.”