An expanding Bradford wool trade survivor has moved into a new head office close to the city centre.

Standard Wool (UK) has taken all 8,750 sq ft of space at a two-storey building on Trevor Foster Way near the M606 motorway.

The deal was concluded on behalf of the landlord, Leo Group, by the Bradford office of chartered surveyors Eddisons.

Standard Wools’ financial director Nicholas Maddams said: “These offices provide the perfect working environment and the convenience of the location, being close to the motorway network and Bradford city centre makes us easily accessible for staff, customers and suppliers.” Standard Wool (UK) is a leading global wool merchant and processor with offices in the UK, Chile, New Zealand and China.

The group supplies customers in more than 30 countries and sources its wool from around the world.

The firm has relocated to Trevor Foster Way from its head office at Carlton Buildings on Clifton Street, near Bradford City’s ground.

In January the firm boosted the working capital of one of its overseas subsidiaries. Standard Wool secured a £2.4 million loan for its Chilean subsidiary Jacomb Hoare & Co, whose origins date back to 1793. The funding followed on from a £13 million three year finance deal a year earlier which secured Standard Wool’s future and provided a basis for expansion.

At the time managing director Paul Hughes, who led a buy-out of the company in 2005, said: “This will enable us to go forward with renewed confidence and continue to provide quality assured wools to our clients world-wide.”

Shazad Mahmood, of Eddisons said: “We are delighted to have concluded this deal on behalf of the landlord and secured a long established and quality tenant, at a time when the commercial office market in Bradford is subdued.”