Archway Sheet Metal Works and Tottenham Hotspur Football Club have reached a private agreement about the purchase of Archway’s property on Paxton Road, Tottenham, which will make way for the club’s new £400m stadium.
The club will not take possession of the land until later this year in order to allow the fabricator’s owners, the Josif Family, to find new premises.
The agreement follows last month’s court case ruling that the compulsory purchase order issued to Archway would stand.
The fabricator made its name manufacturing catering equipment for the ethnic community in London. It built everything from kebab machines and display cabinets to commercial chip fryers.
From there it expanded into the general foodservice market and customers now range from fast food joints to high-end London restaurants.