A SPECULATIVE industrial development in York has attracted its first tenant – and more are in the pipeline.

Fastsigns, the signage industry franchise, has taken a ten-year lease at Hazel Court in the new £1.5 million Yorvale Business Park, off James Street.

The scheme, developed by Yorvale Investments, provides seven units ranging from 1,541 sq ft upwards and totalling 12,935 sq ft.

Jeremy Binnian, of Yorvale, said: “We are delighted to welcome Fastsigns to Hazel Court as our first occupier and are pleased to have assisted in its relocation to this prestigious development.”

Matthew Wilson, who with Carl Smith is owner of Fastsigns (York) Ltd, said: “Moving to our new unit will allow us to continue the growth of our business, with the increased size along with the added benefit of having a location close to the city centre we are looking forward to a successful future.”

Peter Lund and Partners and Lawrence Hannah marketing agents of York acted on behalf of Yorvale Investments.

Richard Flanagan, of Lawrence Hannah, said: “The quality of this development combined with its well established location is proving to be a real winner.

“As well as Fastsigns recognising the benefits of Hazel Court, I am pleased to confirm we also have another under offer, and have received strong expressions of interest in the remaining units.”

The Hazel Court units are available either to buy or lease and further information is available from Lawrence Hannah.