The South Creake site belonging to Kinnerton Confectionery Ltd, which is moving its operations to its Fakenham factory, has gone on the market for £1.15 million.
Kinnerton is expanding its Oxborough Lane site with a 25,000 square foot extension to meet growing demand for its chocolate products and is planning to vacate the South Creake site in early 2015.
Roche Chartered Surveyors and Pearson Commercial have been appointed as joint agents to handle the sale, which they describe as a “rare opportunity”.
James Allen, of Roche Chartered Surveyors, who is dealing with the sale of the property, said: “The availability of Kinnerton’s premises at South Creake provides a relatively rare opportunity to purchase extensive food-grade premises that have been comprehensively refurbished in recent years and which comply with the stringent requirements of a number of the UK’s largest food retailers.”
The property extends to approximately 40,900 sq ft on four acres which includes production and storage space, along with ancillary offices. The overall site includes two houses and there is further land of approximately 22 acres that is available. The land is potential farmland which at present is uncultivated.
Around 90 employees who carry out packaging at South Creake will join the Fakenham team, which numbers just over 600. The factory also takes on several hundreds of temporary staff during its busy season from August through to March.
The factory extension will create more manufacturing space and provide a minimum of five years sales growth with a potential for more. It is also expected that there will be a gradual increase in the number of jobs.
In October this year, Kinnerton opened The Chocolate Factory Shop in Millers Walk, which created more jobs and also placed the town’s largest employer at the heart of the community.