A shipping and logistics business has taken space at Teesdale Business Park. Buccleuch Property has secured the Christine House letting, with GAC Services (UK) signing up to more than 2,000 sq ft of space. The first-floor office accommodation has been let on a six-year deal after Buccleuch completed an extensive refurbishment of the site. Dodds […]
CPNE have completed the acquisition of a Spar convenience store investment in Shildon on behalf of private clients. The purchase reflected a net initial yield to the purchaser of 6% with reversion to 10% following the letting of a vacant shop in the parade which completed shortly after the purchase. Andrew Wilkinson acted on behalf […]
CPNE are bringing to the market an excellent High Street retail investment in Linthorpe Road Middlesbrough let to Hayes Travel and Darlington Building Society. The property will be producing £98,000 per annum exclusive and available for £1.2m exclusive (Subject to Contract), producing a net initial yield of 7.5% after purchasers cost. Further details are […]
When clients ask how long will it take to let their property… usually its more than a few weeks! Connect Property North East were delighted when they were able to let the former Peapods shop in Norton High Street within two weeks. The shop has undergone a full refurbishment by the tenant and opened at […]
Harrogate-based Marrtree Investments has completed a 24,000 sq ft refurbishment of warehouse and industrial units on a two-acre site on Yarm Road in Darlington, with the first new tenant now in place at the £800,000 scheme. When fully let, the site will bring around 20 new jobs to the area. William Marshall, director of Marrtree […]
Acting on behalf of separate private clients Connect Property North East have secured two new trade counter lettings at Newton Aycliffe Business Park. At Horndale Business Park, Screwfix for have taken a lease of a 5,000 sq ft unit and providing the final letting at the re-vamped former car dealership, that is also now home […]
North Yorkshire based self storage company “mylockup.com” have acquired new premises in Bishop Auckland as part of their continued expansion plans. The company who have branches in Thirsk, Northallerton and Scarborough have further plans to open this year in Catterick, Blyth, Darlington, Hartlepool and Knaresborough. Acting on behalf of a private client, Jonathan Simpson of Connect Property North […]
NHS SERVICES designed to give babies, children and teenagers a healthy start in life have found a North-East base after a children’s health services contract was outsourced south of the region. Durham County Council and Darlington Borough Council agreed to award a contract for children’s health visitors and school nursing services to Harrogate and District […]
Billingham Town Centre, owned and managed by St Modwen, is celebrating the opening of its latest fully-licensed café D’uccellos, which serves traditional Italian trattoria cuisine and also delivers to customers at home. The new trattoria is owned by Billingham locals Clive Bird, Corrine Hughes and Beverley Bird, and has already seen a lot of interest […]
Acting on behalf of a private investor Connect Property North East have completed the sale of a 22,000 sq ft warehouse unit to 4 x 4 Accessories and Tyres at Leeming Bar in North Yorkshire. The modern warehouse facility previously occupied by City Link will provide expansion space for 4 x 4 who already occupy […]
