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CPNE complete flurry of Industrial Lettings across Teesside

Nick Dowson, Sterling Services l Tim Carter, CPNE

CPNE complete flurry of Industrial Lettings across Teesside

 

The smaller end of the Teesside Industrial market continues to flourish according to Chartered Surveyors Connect Property North East (CPNE) who have concluded over 10 lettings of under 5,000 sq ft in the last 4 months. Lettings have been done at Murdock Road in Middlesbrough and at Douglas Close on Preston Farm Business Park in Stockton on Tees where MC & I Ltd and Sterling Services (pictured) have both taken space.

Nick Dowson of Sterling Services who specialise in the diagnostic, servicing and repair of BMW and Mini said “The chance for us to relocate to bigger premises arrived at exactly the right time for us and we were pleased to be working with CPNE who helped the move run with minimal downtime and disruption to our core business. Since the move our workload has increased significantly and we now have the space and capacity to satisfy this demand and grow further.”

Teesside Industrial Estate continues to be the region’s best performer has seen four further lettings concluded on the popular estate. Joinery specialist Blue Aardvark have continued to grow by taking further premises, with Wilson Flooring, JMS Kitchens, H Horseware, CLC Interiors, Geffin Contractors, CW Electrical Contractors, Castlespring Ltd, Project ABM Joinery and Ingleby Kitchens all taking units on the estate.

Tim Carter of Connect Property North East commented “We have built up some excellent momentum through the recent lettings which has significantly reduced the void levels across Teesside, during a period which has seen a real appetite from small businesses looking to grow.

The lettings also come at an exciting time for Teesside Industrial Estate with the recent completion of the new roundabout and infrastructure that has opened up the estate from the A174”

The new estate road has further enhanced development opportunities on the estate bringing forward of plot 5 on Fleck Way capable of accommodating a 400,000 sq ft industrial/ distribution facility. Furthermore Connect property North East have recently commenced the marketing of a new proposed 8,100 sq ft retail scheme fronting the estate and adjacent to the Anson Farm Public House, where strong expressions of interest have already been received for units ranging from 1,000 sq ft upwards.

For further information contact Tim Carter on 01642 602001 or tim@cpne.co.uk