Car parts distributor boosts growth with new headquarters purchase
Family run business SDL Minorfern – an independent distributor of car and van replacement parts – has marked further expansion with the purchase of a head office and warehousing centre at Clay Cross, Chesterfield.
Yorkshire Bank funded the private sale of the premises which comprises over 40,000 sq. ft. and includes parking for 60 vehicles and a large dedicated unloading area for articulated lorries and containerised freight.
hlw Keeble Hawson’s commercial property team led by partner, Alaric Birch, acted for SDL Minorfern and Yorkshire Bank – arranging and managing the bank finance and overseeing the sale processes.
Founded in 1978, SDL Minorfern, which employs 260 people, operates nine branches across Derbyshire, Yorkshire, Nottinghamshire and Staffordshire.
Holland House, which also includes a retail branch, is three times bigger than its previous headquarters which were also located at Clay Cross.
Nick Holland, Managing Director at SDL Minofern, said:-
“The purchase of our new headquarters marks a formative milestone in the development of the company – and is instrumental in our growth targets and increasing efficiency.
“hlw Keeble Hawson was recommended to us as the ‘go to practice’ for a commercial conveyance of this size and the service from Alaric and his team was impeccable. Both they and Yorkshire Bank worked effectively to ensure a smooth and timely completion.”
Alaric Birch, added:-
“This major development – which entailed SDL Minorfern bringing two separate warehousing operations and management, accounts and procurement teams under one roof – paves the way for continued success for the business, which has established itself as a leading player in its field.”
Steve Wicks, Relationship Manager at Yorkshire Bank, said:-
“SDL Minorfern is a family business, in a highly competitive market, that recognises the value of first-class customer service. Yorkshire Bank is pleased to support the firm’s latest expansion.”
