A new Lidl supermarket is set to create a raft of jobs when it takes over a former DIY store in a Newcastle suburb. It has emerged that the former Wickes store on Benton Park Road, South Gosforth, is being transformed into a new Lidl supermarket as part of...
Billingham town centre has got its permanent Post Office back. A new Post Office and general store has taken over empty premises at Queensway, on a 10-year lease – months after it was announced the town’s nearby Crown Office would shut. A widespread cull of Post Office branches...
Plans have been submitted for the development of three retail buildings in Faverdale, Darlington. The anchor tenant of the scheme is Lidl UK, which has agreed to take 22,873 sq ft of space. A further 20,451 sq ft of retail space has been taken by Home Bargains and 1,797...
Andrew Wilkinson of CPNE talks about the improvements made to Stockton Town Centre and opportunities ahead for retailers and investors. www.youtube.com/watchStocktononTees
National fast food restaurant, Subway, is the latest new business to commit to Billingham Town Centre, after agreeing a 10 year lease with St. Modwen, which owns and manages the town centre. The popular chain will be moving into an 895 sq ft unit on 49 Queensway, with...
A Middlesbrough town centre building – home to two thriving businesses – is on the market for £1.2m. The Linthorpe Road building currently houses Hays Travel and the Darlington Building Society. Agents, Connect Property North East, describes the building as a “prime pitch”, with a total net income of...
The retailer is opening a 14,000 sq.ft store in Sunderland, which will complement its existing portfolio of branches within Tyne & Wear, and existing Sunderland North store. The launch of the new site in Ryhope, Sunderland will take the number of Frank’s locations in the region to 26, with...
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...
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...
A new Boyes department store received a warm welcome from the people of Thornaby last week after opening its doors at the town’s Pavilion shopping centre, Thornaby. Connect Property North East (CPNE) and Green & Partners acted on behalf of LaSalle Investment Management in respect of the letting of...