Partner Article
York Developer Sells Catterick Retail Unit
York based S Harrison has sold a newly developed £4.3million retail unit on Richmondshire Walk in Catterick Garrison to a private investor.
The development company pre-let the 25,000 sq ft unit to value retail chain B&M Stores for a fifteen year term. The new store successfully opened its doors last month and created 30 new jobs for the town.
The building is located on Gough Road and sits next to Catterick Leisure Centre and Tesco Extra within the Richmondshire Walk development which S Harrison developed in 2000. Other household names at Richmondshire Walk include Card Factory, McDonalds, Greggs and William Hill.
David Clancy from S Harrison, says: “The level of interest that we had in this investment opportunity demonstrates the confidence that surrounds Richmondshire Walk and Catterick Garrison’s property market as a whole. This building is the final piece of the jigsaw at Richmondshire Walk. There’s no doubt B&M will be a great tenant and is ideally placed to take advantage of the growing town centre that was further boosted by the opening of the Princes Gate shopping centre earlier this year.”
This was posted in Bdaily's Members' News section by Steven Wright .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs