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Scots factory up for sale after manufacturing firm went bust with 50 jobs axed

Scots factory up for sale after manufacturing firm went bust with 50 jobs axed

Scottish Sun2 days ago

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A SCOTS factory has been put up for sale after a firm collapsed with 50 jobs lost.
Angus blinds manufacturer Stevens Scotland Ltd, which operated out of Brechin, ceased production last year.
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Angus blinds manufacturer Stevens Scotland Ltd ceased production last year
Credit: Colliers
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The firm's 70,379 sq ft factory on Denburn Way is now on the market
Credit: Colliers
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It features meeting rooms, a canteen area, a main open plan office and a car park
Credit: Colliers
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Stevens was established in 1968 and was bought over by Hunter Douglas
Credit: Colliers
The facility closed on December 31, 2024.
Former bosses said cost-of-living pressures and reduced consumer spending led to the decision.
The firm's 70,379 sq ft factory on Denburn Way is now on the market for an unspecified price.
It features meeting rooms, a canteen area, a main open plan office and a car park.
Commercial property agents Colliers said: "The premises comprise a standalone steel portal frame warehouse with insulated profile wall and roof cladding.
"Denburn Way is a street located in Brechin, a historic town in Angus, Scotland.
"Brechin is situated approximately 15 miles north of Dundee and 35 miles south of Aberdeen.
"The town is known for its rich history, including the Brechin Cathedral and the nearby Den Burn Works, a former linen mill complex established in 1864.
"The area around Denburn Way features a mix of residential properties, a Lidl supermarket immediately to the west and a range of commercial businesses to the north of Commerce Street and to the east of the unit."
Company documents signed last year read: "In recent years, the company has seen a decline in sales volumes attributed to the downturn in the UK economy with cost of living pressures reducing consumers' spending on their homes.
Scottish firm goes bust after plunging into administration
'During 2024 the company objectives have been focused on stabilising operations, identifying core strengths and creating a road map for future profitable growth.
'This includes continuing to seek operational efficiencies within sourcing, manufacturing and central support services in order to streamline business processes and improve customer service.
'Following a review of the UK group's made-to-measure operations, Hunter Douglas, the company's parent undertaking, announced the intention to transfer the Stevens made to measure sales and manufacturing volume into another of the group's UK businesses.
'This will result in the company ceasing to trade on December 31 2024.'
Stevens was established in 1968 and was bought over by Hunter Douglas, an industry giant, in 2015.
The Rotterdam-based business mogul purchased Stevens after it had a turnover of £18million.

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