Sony contractors InfoTeam International Services have announced plans to expand their technical repair business in Cornwall, with the purchase of additional premises in the county.
Property consultant Alder King has acquired premises for the company at Guildford Road in Hayle. The property is a 25,257 sq ft detached industrial/warehouse unit located at Imperial Works, a well established industrial location in the area. InfoTeam has purchased the unit as freehold for £575k.
This is an important acquisition for the company, which already employs 200 people across facilities in Bodmin and St Columb Major. It is a well established and respected business and has been the main assembly and repair centre for Sony UK and Sony Entertainment Europe for over a decade.
Tim Smart, head of agency Cornwall at Alder King commented: “This investment by InfoTeam is great news for Hayle and for Cornwall. InfoTeam relocated to Cornwall in 2005 from the South East and since then its business has expanded rapidly.
“This additional premises will accommodate their recent expansion and allow for further growth. Bucking current market trends, the deal completed in less than a month.”
Alder King acted on behalf of the purchaser, InfoTeam and King Sturge acted on behalf of the LPA Receiver, BDO Stoy Hayward LLP.