KBS Corporate has acquired a two-acre business park in Bolton , Greater Manchester, which will become its new home and also provide a base for a business incubator to help high growth companies in the town.
Bolton-based KBS Corporate , which specialises in helping owner-managed businesses sell their companies to UK, international and institutional buyers, has bought Springfield Court on Summerfield Road for a seven-figure sum.
The two-acre business park has five buildings with a total of 51,000 sq ft of office space. Companies based on the park include tax advisers, OneE Group, British Red Cross, ICT supplier IDNS and Child Action Northwest.
Also based on the park is fast-growing comparison and procurement company, Love Energy Savings, a business energy comparison service, which recently secured £4.5m of development capital from NVM Private Equity and is planning to expand its staff numbers from 70 to more than 150.
KBS Corporate, which is relocating from its existing premises on Navigation Park to accommodate its growing workforce, is investing more than £1m in refitting the offices which will include a gym, coffee shop and restaurant.
The firm is also creating a business centre to provide office space for up to 10 young, high growth enterprises. Companies will be offered a range of services including mentoring from corporate finance experts at KBS Corporate and access to potential investors.
The project will be completed in March next year.
Managing Director John Rigby said: “We are delighted to acquire Springfield Court. We are investing heavily in the park to provide first class offices and excellent catering and leisure facilities for everyone on the site.
“I am particularly pleased to be providing a high quality business centre for fledgling companies. At KBS Corporate, we are proud to be based in Bolton and committed to helping create jobs in the town and give ambitious young enterprises a head start in business.”