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 […]
One of Teesside‘s landmark office buildings Dunedin house has been sold for an undisclosed sum following marketing by Connect Property North East Ltd. Stockton Borough Council have purchased the freehold investment from Kames Capital of the 100,000 sq ft office investment sale. CPNE acting jointly with Savills (Newcastle) brokered the deal on behalf of the […]
CPNE acted for the landlord in agreeing terms for a new for a pub in a town centre is about to start a new chapter. Houndgate Townhouse, in Houndgate, Darlington, is under new management and recruiting for a number of positions. The stunning Grade II listed Georgian Townhouse, which has eight bedrooms, a bar and restaurant, […]
Lidl has announced plans to take over Norton’s former Co-op supermarket site. The German discount chain wants to demolish the old store building, off the high street, and replace it with a new food store. The Co-op closed last month after many years trading in the town, much to the dismay of its loyal customers. The chain said the […]
A national records management company is investing in the expansion of its North East operations at Lingfield Point in Darlington. Capita Records Management, which provides outsourced physical document and data services to public and private sector organisations, has agreed a new lease for additional warehouse space at Lingfield Point. The move will create an additional […]
Acting on behalf of Eden Estates, Connect Property North East have secured two further lettings at Whinbank Park, Newton Aycliffe. A 10,000 sq ft unit has been let to Better Living Outdoors and a 5,000 sq ft unit has been let to Liquid 8 Assets, this follows on from securing occupation of 22, 000 sq […]
