18 March 2002
North Hykeham motor factors doubles size

An expanding North Hykeham motor factors business supplying specialist paints to the motor trade- Fisher Motor Factors - has doubled the size of its business premises at the Whisby Way Business Centre, North Hykeham, in response to growing demand for its services.

Proprietor Ian Fisher was one of the first tenants to move to the North Kesteven District Council commissioned Whisby Way Business Centre, four years ago. He started his business 12 years ago operating from a mobile van, progressed and took a 500 sq ft unit at the centre and later expanded to take a 1,000 sq ft unit. Now he has doubled the space again to 2,000 sq ft.

"The workforce has expanded from 2 to 7 and where we used to do £15,000 worth of business a month turnover has now reached £1/2 million and is growing. We supply body shops and auto refinishers from Grantham and Stamford in the south to Scunthorpe in the north and with the extra space for increased stock we are looking at further expansion," said Ian Fisher.

"Ian was one of the first tenants to move into the Whisby Way Business Centre and it is great to see the business is thriving and expanding" said Daniel Race, partner at Hodgson Elkington, chartered surveyors, who let and manage the development for North Kesteven District Council.

"The 17 units at the Whisby Way Business Centre provide an important supply of starter units for those businesses looking for good quality and secure workshop space. They help new businesses develop in a safe working environment and the address lends credence to their professional image," said North Kesteven District Council leader, Councillor Mrs Marion Brighton OBE.

"The units provide ideal facilities ranging from 333 sq ft to 1000 sq ft and were developed in partnership with REP Estates. The Council has a 10 year lease."

"The Whisby Way Business Centre shows North Kesteven District Council's commitment to supporting small businesses start up and grow. The units provide an invaluable tool towards job creation and meet a clearly defined demand.

"We are delighted that one of our first small businesses has gradually expanded and has increased both turnover and job creation to this extend. Ian Fisher's success is to be warmly congratulated," said Councillor Mrs Brighton.

Further information from
Daniel Race
T el: 01522 512232

Paul Croft
Tel: 01427 788319

Issued on behalf of Hodgson Elkington by Croft Communications Ltd.

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