A West Midlands village industrial estate has been given a new lease of life as part of a private regeneration and development scheme which aims to create fresh employment opportunities in a popular rural area.
Brook Business Park is a redevelopment scheme in Kineton, near Stratford-upon-Avon.
When the site was purchased from joint receivers at Pioneer Parcels in March, 1999, it was derelict and vandalised.
The new owners, Martin International, set about clearing the site of debris so that the renewal of a service road and building refurbishment work on the first phase of the development could start.
MartynHoward, of property consultants D&P Holt, said: "In all, Martin International committed nearly £500,000 to the scheme, plus months of project management and liaison with planning officers, building control, the fire authority, parish council and neighbours.
"The reward was the retention of two existing tenants, Warwick Edging and Display 2000, the relocation of the owner's business from Warwick into two of the units and the letting of the remaining unit to a computer maintenance company."
The second phase of the development is now underway with the acquisition of two adjacent parcels of land.
Martin Whimpenny, of Martin International, said: "Having seen Kineton as a very pleasant area with a real village community, yet easily accessible to the M40 and other south Midlands towns, as well as having an area already established with industrial/business units, it was quickly seen that the location offered an excellent opportunity to develop some new quality units in an almost traffic-free rural zone."