A former Preston cotton mill has been snapped up by an expanding papercraft business.
Hunkydory Crafts Ltd, an award winning company specialising in the design, manufacture and retail of papercraft products for the international craft market, has bought a 24,638 sq ft industrial premises on the site of the former mill.
The industrial warehouse built 10 years ago on the site of the former Bute Mill, Essex Street, was sold via agent Robert Pinkus and Co.
Ann and David Newhouse formed Cardcraft Plus in 1990 from a small shop in Preston city centre and with Hunkydory Crafts established in 2008, have now grown to become a market leader in the papercrafting field.
The move to larger premises will accommodate the existing 70 workforce and Hunkydory Crafts will anticipate creating 20 new jobs for the area within the next 12 months.
Daniel Newhouse, managing director at Hunkydory Crafts, said: “The increased space we now benefit from at Essex Street will enable us to further invest in new machinery, training and resource which will help us to achieve our goals over the coming years.
“The unit that Robert Pinkus and Co sourced for us was in excellent condition and is ideal for our requirements, enabling us to further increase production volumes and satisfy our shopping television, wholesale and retail contracts.
“We have also taken the opportunity to build a 5,000 sq ft office suite, canteen and break-out area to create a better working environment for our talented team.”
Danny Pinkus, partner at Robert Pinkus and Co said: “Hunkydory Crafts and their sister company Cardcraft Plus were rapidly outgrowing their current Preston base on Sedgwick Street and need new premises to cope with their successful online and mail order businesses.”