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START UP MOTORSPORT COMPONENT MANUFACTURER CHOOSES ST NEOTS AS FIRST BUSINESS LOCATION

A start up business which manufacturers specialist parts for the motorsport industry has chosen St Neots as the location for its first business premises, announces Barford + Co, the St Neots based firm of Chartered Surveyors and Planning Consultants.

SpeedFab, a brand new business run by Director Andeep Dhanjal, a former emissions tester, will operate out of an industrial unit on the popular Steel Close in Eaton Socon.

Mr Dhanjal, who is from Potters Bar, chose St Neots due to the favourable rent prices and excellent road links via the A1 and A428. He said: “I spent quite a bit of time looking for the ideal premises for SpeedFab but as a new business I had to be careful of my start up costs. St Neots is perfect for me as it’s easily accessible from Potters Bar via the A1 and the unit is of a good size to accommodate my growth plans for the business.”

Howard Westgate is Associate Director at Barford + Co and worked with Mr Dhanjal on the recent letting of Steel Close, he said: “Steel Close is always a popular area for businesses as it’s just a stone’s throw from the A1 for London and the north and the A428 for Cambridge and the A14.

“The unit recently let by SpeedFab is of a good specification with good levels of car parking which will suit the
business well. The industrial market is particularly active at the moment with premises of this nature being snapped up very quickly, so Mr Dhanjal has done very well to secure this property for his new business.”

SpeedFab is a precision motorsport engineering and fabrication business specialising in performance exhaust
systems for the motorsport industry as well as carrying out services on high performance vehicles for private
customers.

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