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REFURB COMPLETION AT ICONIC COPPERWORKS SITE C
ommercial lettings specialist and landlord Towngate PLC has completed the refurbishment and rebranding of a historical property in Stourton, Leeds. Previously occupied by the world- renowned metal manufacturer Yorkshire Copper Works until 1980, Towngate acquired the site in 2003. The firm has now concluded an extensive renovation and rebranding operation, readying the 300,000sq.ft space and development land for a new tenant. All buildings have been reroofed and the external elevations have had cladding replaced. The demolition of an entire bay has additionally paved the way for increased loading capacity, while the installation of ground-level loading doors at the rear will further boost circulation efficiency. The internal space features an open- plan working environment with a functional height of over 9 metres. Commenting on the finished renovations, Towngate’s property manager Tom Lamb said: “We’re delighted with the overhaul of this historic property, and are excited to bring it back to the market. Whilst we have taken care of the key structural refurbishment, we have
intentionally left the warehouse as a blank canvas, enabling modifications to suit a new tenant’s requirements. “This site presents a truly unique industrial letting opportunity, and all interested parties now have the opportunity to visit the building for a tour.” Mirfield-based digital marketing agency, The Bigger Boat, tackled the rebranding of the property, which has included the production of illuminated signage, a lettings brochure and a new website. The expansive site is available to let in its entirety to a single occupier, and includes industrial warehouse
EXPANSION COMPLETES T
he region’s leading car retail park has completed an expansion which has allowed the addition of over 250 display
spaces. Expanding motor business, Motor Depot, recently launched its seventh national showroom at Vroom Car Retail Park, and now work has completed on its new and purpose built 10,000 square foot service and car preparation centre. Vroom, which is managed and marketed by North East property firm Bradley Hall, is an eight-acre car retail site located on the Tyne Tunnel Trading Estate which displays 750 vehicles on site across four independent car retailers and associated, service and repair centres.
The retail park was purchased and regenerated in a multi- million pound development project by regional investment company Northumberland Estates. Vroom is based on the Tyne Tunnel Industrial Estate, opposite the Silverlink Retail Park, and at the intersection of the A19 and A1058 Coast Road. Laura Walker, estate management surveyor for the property
firm, said: “Vroom has proven to be very popular to traders as it offers flexible business space in an ideal location. It’s visibility is fantastic for passing trade as well as providing an easily accessible location for those travelling to the site. “We are dedicated to supporting Northumberland Estates in creating an outstanding location for businesses and customers. The site is expanding and there are flexible opportunities available for retailers to join Vroom, including the ability to build bespoke and self-contained dealerships on the adjoining site.” Highways England is continuing a £75m road improvement
project to the A19/A1058, which has now moved off the Vroom site marking a significant milestone for existing and future occupiers. Following this, Northumberland Estates is investing in a series of improvements across the area, including landscaping, new signage and CCTV.
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olliers International has been instructed to market for sale a 370,000 sq.ft manufacturing facility near Newcastle-upon-Tyne on behalf of global beauty manufacturer, Coty Inc. The site, which is occupied by Coty Inc, is located in Seaton Delaval and used to manufacture beauty products and fragrances. The site will close in October 2018 with Colliers International instructed to seek a buyer who can position the site for future employment use. Simon Hill, Associate Director, Industrial & Logistics for Colliers International in the North East, said: “The Coty factory has been a major employer for the Seaton Delaval area for a number of years and as such the closure will have a significant impact on the community as a whole. We have been instructed to seek a buyer for the site which can bring employment opportunities back to the area.” “The sale offers a unique opportunity for a purchaser to acquire a high-quality property that is suitable for a wide variety of uses, in particular manufacturing and distribution. We look forward to speaking to potential purchasers.”
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Colliers’ instruction also includes the sale of similar facilities in Ireland and Germany.
Coty is one of the world’s leading beauty companies, with an iconic portfolio of more than 77 brands across fragrances, colour cosmetics, hair care, body care and skin care. Following Coty’s merger with P&G Speciality Beauty in 2016, Coty underwent a detailed study of its expanded global manufacturing capacities and capabilities in order to enable its future growth plans. As a result, Coty Inc is consolidating its fragrance operations into fewer core centres.
COMMERCIAL PROPERTY MONTHLY 2018
accommodation, two-storey ancillary office buildings and a 287-space car park, along with 11 acres of expansion land. Now that the site is open for occupancy,
onsite CGI filming is set to take place to showcase the potential of the property and site as a whole.
Industrial agents and potential occupants interested in a viewing should contact Property Manager, Tom Lamb or Marketing Manager Julia.
http://www.towngate.plc.uk/copperworks/
SEATON DELAVAL FACTORY COLLIERS TO MARKET
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