Following our good start to the year we have continued to progress several deals across the region, a few of which we list below.
Acting on behalf of Cable Properties we have secured a fantastic off-market investment purchase in Preston Farm, Stockton on Tees comprising of a fully fitted motor car showroom let to Vertu for a term of ten years. This bi-million purchase shows a yield in excess of 6.5%.
Completion has taken place of our client’s Mandale Properties development at Ochre Yards in Gateshead which provided 59 modern flats all of which have now been sold.
The final unit of Fintry Estates joint venture with Hargreaves Property Ventures in Bridlington was formally handed over to B&M in August thus completing the Triumvirate of Tenants with Cooplands and Lidl.
So as we enter the last Quarter of 2022 we are still as keen as ever to source new opportunities across the whole of the Commercial and Residential sectors so please let us know if you have anything that might suit our extensive list of requirements as can be FOUND HERE.