A former Stoke-on-Trent pottery factory site is under new ownership after being acquired by a London-based investor.
Dudson's former headquarters in Tunstall has been snapped up by Vengrove for an undisclosed sum.
The 25,000 sq ft facility - which is set within a 9.4 acre site off Scotia Road - was occupied by Dudson, one of the º£½ÇÊÓƵ's oldest pottery manufacturers, before it collapsed into administration in April 2019 resulting in the loss of 385 jobs.
The Stoke-on-Trent BusinessLive Awards
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The building is currently occupied on a short-term lease by online appliances retailer AO.com.
Now the new owner plans to transform the site into high-quality units to address the shortage of industrial workspace in the area. Work is expected to start next summer.
John Burrows of B8 Real Estate - which advised Vengrove on the puchase of the property from Biz-Parks - said: "The property represents a rare opportunity to acquire a substantial industrial complex and add value by converting it into a high-quality industrial and trade estate.
"The development will address the shortage of good quality industrial space within Stoke-on-Trent and North Staffordshire and help attract new jobs to the area."
