Business soaring at the Humber Enterprise Park
The Humber Enterprise Park (HEP) is fast becoming a hub for ambitious businesses to learn and grow together.
The 79-acre site offers tenants a saving on business rates of up to 275,000 thanks to its Enterprise Zone status, along with some of the lowest rental rates on modern office and industrial space in East Yorkshire, allowing its tenants to reinvest the money saved back into their businesses.
Thanks in part to these savings, engineering start-up Rexrob has grown from a workforce of three to 19 since joining in 2014, and has reached the point it aimed to be at in year six in just two years.
Fellow tenant and manufacturer Cablescan has even been able to set up its own apprenticeship programme.
The HEP’s transport links are creating new opportunities for international software provider Itim.
Situated just off the A63 motorway network and close to Brough train station with direct trains to London, the company has been able to expand its recruitment radius to include areas such as Leeds, Selby and Goole.
Following a 6m regeneration project, the HEP has a modern, smart appearance which was shortlisted for a 2017 Constructing Excellence in Yorkshire and Humber award.
Dearing Plastics Limited joined in March 2017, and Director Andy Harris has reported how: “Customers are impressed the minute they step on site. The image of our business has been elevated significantly”.
A collaborative environment
The site is managed by Citivale, a developer that actively encourages businesses to collaborate. Managing Director James Appleton Metcalfe noted that “The most successful parks we own or work on are the ones where the tenants interact with each other.”
The HEP’s community is indeed benefitting from collaboration. The site’s largest tenant BAE Systems works closely with several businesses on site. BAE Systems’ Deputy Site Director, Chris Hitchcock, said working in close proximity with its suppliers “Has enabled us to build good relationships and delivered tangible benefits of efficiency.”
The Hull firm Shipham Valves is the latest to move to the site, taking over 60,000sq ft. of industrial space in one of the largest transactions to take place in East Yorkshire this year. Established in 1798, the company’s rich history fits with the HEP’s own important heritage – you can read the story behind the site’s past here.
If you’d like to join Shipham Valves in the Humber Enterprise Park’s growing community, you can take a 360 degree tour of our available office space here.