New life has come to the site of a former plant and equipment provider in Bourne after its sale to a leading vehicle parts firm.
Aerodyne Equipment, which makes aerodynamic devices for lorries and other commercial vehicles, has paid £302,000 for a warehouse and yard in Tunnel Bank formerly owned by Trackline International Ltd.
The firm shut in March 2012 after going into administration, with the loss of 30 jobs.
But commercial estate agents acting for administrators Zolfo Cooper believe the deal represents good value for money and a boost for Bourne economically.
Paul Farrow, director at Savills Peterborough, said: “We are delighted to have attracted Aerodyne Equipment to Bourne as they were previously located in London.
“The unit at Tunnel Bank offers good value warehouse accommodation in the established Cherry Holt industrial area and we are very pleased with the price achieved for our client.”
Established in 1979, Aerodyne Equipment supplies its products to firms in the UK and overseas.