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Home Business and economy Council buys property to help local businesses and protect future use
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Council buys property to help local businesses and protect future use

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29th March 2021
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The Council has recently acquired sites at two locations in Yate.

The first is a site on Station Road occupied by Whirlpool UK Appliances Ltd and the second is 26 North Road, Yate occupied by Yate Disposables Ltd.

This is a major investment in Yate by the Council. Both purchases have been made on a sale and leaseback agreement with the current occupiers so that they can continue to occupy the sites and trade as normal.

Promoting sustainable inclusive communities, infrastructure and growth is a priority for the Council and we want to ensure that Yate continues to provide a range of employment for residents to live and work locally.

Cabinet Member for Corporate Resources Cllr Ben Burton said: “We are very pleased to have been able to make these recent purchases to ensure local business can continue to thrive in Yate.
“The Council’s long-term aspiration is to be an enabler of regeneration. Owning land at key locations in the area will ensure that we have a degree of control over its future use, should the current occupiers wish to relocate in the future.”

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