New HQ in Sheffield for electrical specialists

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Specialist electrical enclosures and lighting company Abtech has acquired a new headquarters on Newhall Road, Sheffield.

Industrial property specialists Gent Visick brokered a deal on behalf of Threadneedle Property Investments, which involved the surrender of a lease on an office block by Medical House and the sale of two neighbouring properties on Newhall Road to Abtech.

Gidon Amar of Gent Visick said “This is a classic case of all parties benefitting. Abtech bought the HQ they had been looking for, Threadneedle sold two buildings in a ‘non-core’ location and Medical House were able to surrender an onerous lease.”

Abtech’s Austin Laughton said: “We had been looking for the right property for a number of years to maintain our presence in Sheffield and grow our business.”

Abtech designs and manufactures a range of products for hazardous areas and has more than 35 years experience in the oil and gas sector.