The commercial property team at Bray & Bray has advised valves and actuators supplier, AC Valve Alliance on the acquisition of additional space at its Leicestershire manufacturing base.
Bray & Bray negotiated the GBP 1.9M purchase of the 22,181 sq ft building at AC Valve Alliance’s site at Bardon Hill, Coalville, that will deliver additional space for the company to expand its manufacturing and engineering departments to meet the growing demand for its products.
Established in 1997, privately-owned AC Valve Alliance supplies valves and actuators to Europe’s petrochemical, energy, and general process industries and employs 60 people.
Partner and Head of Commercial Property Law at Bray & Bray, Phillip Heseltine, and Commercial Property Law Solicitor, Beth Lyon advised on the deal.
The purchase was made with funding arranged by Muki Rahman, Relationship Director at Barclays.