Hodgson Elkington, Lincoln, UK - commercial property
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May, 2000
Dutch agricultural company for Sleaford Enterprise Park

Netagco Sales (UK) Limited, part of the Netagco Group potato division based in Holland, is to build its headquarters at the
Sleaford Enterprise Park in Sleaford, moving from current premises in Boston. 

The company, which has signed up to take 21/2 acres of development land on the 79 acre Enterprise Park being developed by The Farming Investment Company, is responsible for the sales and marketing of all the Netagco Group potato division products including Netagco Reekie, Netagco AVR, Netagco Rumpstad and Netagco Structural.

Work is expected to start on site in the Spring 2000 with the scheme extending to approximately 20,000 sq ft of purpose built
accommodation.

The latest acquisition to the Netagco Group is the Lincoln based crop storage specialist, Welvent, which will also relocate to the new premises on completion. Up to 30 staff will relocate from Boston and Lincoln to the new premises. More staff may also be taken on.

"Netagco is precisely the calibre and style of operator the Enterprise Park has been set up for. There are also a number of
high profile projects in the pipeline which can only be good for the local and district economy," said Sam Elkington, partner at
Hodgson Elkington, the chartered surveyors who are sole agents for the scheme.

"The proposed new premises in Sleaford will provide an ideal location for our sales, marketing and distribution centre in supplying potato growers throughout the UK with the full line range of equipment available from Netagco via our extensive UK
dealer network," said David Holmes, Sales and Marketing manager, Netagco Sales (UK) Limited.

The Sleaford Enterprise Park, is a major commercial development and is expected to bring hundreds of new jobs to the town, according to Hodgson Elkington.

Located off the town's East Road at the junction of the A17 and A153, the development is the culmination of three and a half years negotiations by developers working with central government and local authorities. The first £1 million phase of the
development included a new roundabout, relocation of the rugby club and service roads into the main site.

The principal land owner and developer, The Farming Investment Company, is looking to sell fully-serviced commercial development land in plots from half an acre upwards.

"We feel the lack of available land in the past has thwarted employment growth in and around Sleaford, even though the town is strategically and well placed at the junction of the A15 and A17 trunk roads. The Sleaford Enterprise Park will create much needed jobs, lead to the regeneration of the retailing centre of the town and help restore Sleaford to its former importance," said Mr Elkington.

"We believe the development will provide new employment opportunities for young people in the future and that important
employers may now be persuaded to remain in the Sleaford area," said James Brown, chairman of the Farming Investment Company.

Sleaford Enterprise Park has been assisted by S.R.B. (Single Regeneration Budget) funding from central Government and
substantial contributions from both North Kesteven District and Lincolnshire County councils. Promoted by the Lincolnshire
Heartlands initiative, the site is also being marketed nationally by the Farming Investment Company through sole agents, chartered surveyors, Hodgson Elkington & Co. of Lincoln.

Whilst the scheme is the largest public/private sector scheme that North Kesteven District Council has been involved in recent years, it is one of a number that have been carried out recently aimed at boosting employment in the district.

Further information from:-
Paul Croft tel: 01427 788319
or Sam Elkington tel: 01522 512232
David Holmes tel: 01205 364831


Issued on behalf of Hodgson Elkington & Co by Croft Communications Ltd

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