Asset Plus One Ltd
14 Northcroft Lane,
Newbury,
Berkshire RG14 1BU
tel: 01635 552210
fax: 01635 551678

Stephen Canning MRICS

Tim is retained by Toolbank to ensure the efficient

operation of the company’s property portfolio and its

contribution to the broader business objectives.

Toolbank is the UK’s largest privately owned wholesale

tool distributor and operates from 12 sites across the

country occupying some 400,000 square feet of

distribution space. Property is a non-core function

and Tim’s role encompasses management tasks such

as lease renewals and rent reviews through to

planning and implementing expansion and

relocation plans. Pictured is the new 30,000 square

foot depot in Glasgow, nearing completion in

summer 2008 - this move was prompted by

Tim’s pro-active negotiations to secure a special

purchaser for the company’s former premises.

 

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