The arrival of the Treasury campus to Darlington, together with a number of high-profile investments, is generating optimism about the future of the Tees Valley, according to local commercial property experts. Hagen Developments and Connect Property North East said high enquiry levels suggests that there is appetite for businesses to expand or relocate to Darlington. […]
BA Bush & Son Ltd has opened a new Bush Tyres branch in Darlington, County Durham. Bush Tyres Darlington can be found just off Allington Way on the Yarm Road Industrial Estate. The branch opens its doors this month under the management of branch manager, Dave Smith and his team. The new tenant was secured […]
Work has started on construction of 14 new business units for SMEs in one of Darlington’s fastest growing economic districts. Commercial property developer Priority Space is behind the £2.7m speculative development at Yarm Road industrial estate and business park. It will be built by Darlington-based Wharton Construction and completion is expected late August. Leader of […]
Acting on behalf of a private client CPNE are delighted to have secured the sale of a 52,000 square-foot Riverside facility at Haverton Hill, Stockton-on-Tees on behalf of a private client. Jonathan Simpson commented “ The sale took approximately six months from start to finish. A number of interested parties were identified early, and eventually, […]
The Jobcentre Plus has located in The Beehive at Lingfield Point and aims to provide support for people of all ages, including specialist support for self-employed customers. There are 16 work coaches based at the centre who will be helping people to find a job. The Department for Work and Pensions announced it was opening […]
Connect Property North East Ltd have completed the investment sale of Whitestone business Park comprising 87,015 sq ft. The popular multi-let estate of 28 units was extended in 2020 with an addition of 20,000 ft.² of brand-new industrial space. Tim Carter, Director at CPNE said “the demand for small units has been incredible. Units let […]
Acting on behalf of a private client, Connect Property North East have secured two lettings at All Saints Industrial Estate, Shildon. Unit 7, comprising of 5,618 sq ft has been let to Total Resource (UK) who deliver temporary traffic management solutions across the UK. Unit 8, comprising of 9,687 sq ft has been let to The […]
Acting on behalf of Clearbell, CPNE have let 68,000 sq ft to Leader Flooring, one of the UK’s leading online flooring companies in the UK. The transaction was brokered by Jonathan Simpson who commented “we were instructed to market the building on Skippers Lane, and within weeks we were able to put the unit under offer. […]
Middlesbrough property developers, Python Properties has seen a record number of new tenants across their Teesside office buildings. The organisation’s portfolio of commercial properties within Teesside, consisting of Boho Zero, Cargo Fleet Offices and The Co-operative Buildings, have taken over 25,000 square foot of new lettings in this year alone. The new tenants who have […]
CPNE have completed the acquisition of 52,551 ft.² of multi-let light industrial space at Alanbrooke Industrial Park near Thirsk. Acting jointly with Naylors Gavin Black, the asset producing approximately £283,000 pax was acquired for £3.6 million for private clients representing a net initial yield of 7.39%. Andrew Wilkinson, Director at Connect Property commented “this is […]
