The Latest Property Development News from across the North of England

Cattco Spring 2021 News Update

With the year already a quarter of the way through and the prospect of the Pandemic being brought under control we are very excited here at Cattco about the opportunities that lie ahead. The inclusion of Teesside in the new Freeport list as well as The Treasury and other Government Departments moving to our area can only be good news and we fully intend to capitalise on it! Already on behalf of our clients The Mandale Group we have advised on the purchase of the iconic building known as Ochre Yards in Gateshead. Formerly an old barn, this building has stood vacant for many years and Mandale Developments intend to convert it into 58 state of the art apartments.

Ochre Yards acquired on behalf of Mandale Group – existing and proposed

We also continue to advise on a number of schemes both commercial and residential and are always keen to do more so if there is anything that you think may be of interest to us please give either Tim or Robin a call.

Finally a note of our current Investments requirements can be found here and we very much look forward to hearing from you soon.

 

Our Director Tim Catterall’s views on The proposed move of The Treasury to Darlington

 

Breaking News – Bridlington Retail Development starts on site

Cattco January 2021 News Update

Despite the serious and on-going nature of the current pandemic here at Cattco we have not been idle so far this winter!

Our clients Fintry Estates, in conjunction with Hargreaves Property Ventures, have started on site in Bridlington with the construction of their 45,000 sq ft retail development where we have agreed pre-lets to Lidl and B&M and are currently negotiating the letting of the final unit. Completion is expected in August this year; more details here

In Middlesbrough we have completed a 22.000 sq ft letting of former industrial premises in North Ormesby Road on behalf of John Livingstone Estates to MyLockup.

In Darlington, in conjunction with our joint Agents CPNE, we have successfully completed the sale of the last parcel of land at Yarm Road Interchange on behalf of our clients CDP, which marks the end of a 10 year comprehensive development of this former site originally occupied by The Torrington Company

Also In Darlington we are favoured with instructions to dispose of the former B&Q premises at Whessoe Road Retail park – full details can be found here.

We continue to advise a number of developers on commercial and residential opportunities so if you are aware of any potential sites then please do not hesitate to contact us.

Finally we are always on the lookout for investment opportunities for a number of high-wealth individuals through to national Institutions and investors; a link to our specific requirements can be found here.

Catterall & Co Autumn 2020 Update

Notwithstanding the damaging effects of COVID 19 the Cattco team have been busy these past few months completing several diverse property transactions including:-

  • The letting of a prime shop for CDP Ltd in Front Street; Chester le Street
  • Consultancy advice to The Lane End Group for a local retail development in Winnington, Northwich, Cheshire
  • Consultancy advice to private clients for a major land partnership transaction on a residential site in Flatts Lane, Middlesbrough
  • Disposal of the remaining Commercial sites at Yarm Road Interchange, Darlington for CDP Ltd
  • Advising Fintry Estates concerning their successful retail development in Bridlington, East Yorkshire to provide new stores for Lidl and B & M.

A note of our latest requirements can be found here.

Catterall & Co Autumn 2019 Update

Well the Summer has flown by but here at Cattco we have been busy progressing a selection of development deals on behalf of retained clients across the retail, industrial and residential sectors with some important Planning decisions expected shortly!

We also advised Tricogen Laboratories on the acquisition of a prime distribution warehouse in Newton Aycliffe and are close to completing the purchase of a substantial property for a private HMO client.

We are still on the lookout as always for a number of investment client requirements which can be found here as well as sites for Affordable Housing clients and a newly-established neighbourhood C store chain so please get in touch if you have anything suitable.

Catterall & Co Spring 2019 Update

Well Spring has well and truly sprung here at Cattco as we enter our sixth year of dealing! In Redcar we successfully negotiated the surrender of the former Beales Department store following a successful temporary let to a fashion Outlet store and B&M are now set to relocate, thus breathing new life into the town centre.

Our clients’ development plans in Bridlington, Middleton St George and Hart are progressing well and we hope to see “Tonka Toys” on all three sites soon.

However we are still looking to fulfil our industrial requirement for Birmingham, where we are looking for a 30,000 sq ft light industrial building on a secure site of 1.5 – 2 acres that needs to be as close as possible to M5 junctions 1-3. We also have a number of other requirements so have a look here  to see the full list – roll on Summer!

Happy New Year!

A Happy New Year to all our friends and clients as we look forward to the New Year and the exciting possibilities it holds!

We were pleased to see the opening of Heron’s new store in Redcar which we let to them on behalf of Redcar and Cleveland Borough Council as well as the one we acquired for them in Norton, Stockton upon Tees, and we are also pleased to see that Priority Space are in for planning for a new Business Village at Yarm Road Interchange, Darlington where we sold them part of the last remaining land of CDP’s mixed-use Development . Further information can be found here.

Things are moving forward in Bridlington where our clients Fintry Estates are progressing their planning application for a 45.000 sq ft Retail scheme adjoining the Railway Station and we are currently advising on several residential and mixed-use schemes elsewhere in the North.

However, we are still hungry for further opportunities and attach our latest Requirements here so if you have anything that you think maybe of interest please do let us know.

 

STOP PRESS!!

Never mind the World Cup – we have scored our own hat trick of deals at Cattco this week!

In the first half we let the former Library in Redcar to Heron Foods on behalf of Redcar and Cleveland Council.
Just before half time we exchanged contracts to purchase a tidy mixed investment portfolio in Whitby on behalf of Mandale Group.
And then, just before the whistle, we completed on the acquisition of the former Sainsburys unit in The Glebe, Stockton on behalf of Heron Foods

Back of the net!!

We are still hungry for more deals so do give us a call if you would like to discuss your property requirements.

Catterall & Co Summer 2018 Update

Well, as we head into the Summer holiday period; it has been a very busy time here at Cattco.

Firstly; we had a trip to New York to see the wonderful Real Estate on offer with the hopes of learning something about their built environment that we can bring back here in shape, form or ideas to The Great North East.

We were invited by our friends at Latimer Hinks Solicitors to join the panel of property experts to discuss the problems facing Darlington which brought out a number of issues which were put to The Council representatives.

 

Following the announcement of the forthcoming closure of The Binns and Marks and Spencer Premises in Darlington we took to our social network accounts and started the “I’m backing Darlington” campaign which received over 10,000 views and stimulated lots of local interest so much so that Graham Robb of Recognition Marketing organised a meeting of people who had an interest in Darlington Town Centre and this was extremely well attended and we were again represented on the panel

The video link is below and is well worth watching if you have an interest in Darlington Town Centre.

We were also pleased to attend The Tees Valley Business Summit which was well attended and an excellent showpiece for all the positive things that are happening in the area; all very exciting!
On the work front, we have been very busy with a number of sales and acquisitions for retained clients.

In Bridlington, where we are acting for Fintry Estates on a new 40,000 sq ft in-town retail development, we have a Public Consultation on July 12th prior to submitting a planning application later in the Summer . See attached PDF plan here

We still seek more investments and a note of our requirements can be found here

So; we wish all our friends and clients all the best for an enjoyable summer but don’t forget; if you want to have a chat about any property related matter; just call us on 01325 722109

Catterall & Co April 2018 Update

We have been so busy here at Cattco in the first part of this year that we almost forgot to celebrate out fifth birthday – Happy Birthday to us! Two of our recent deals have now been built out – Nickstream Lane Darlington was acquired for Onestop, and a prime site on Yarm Road Interchange, Darlington was sold on behalf of CDP Developments to RMB Motors.

Our retail scheme in Bridlington on behalf of Fintry Estates is taking shape, our clients CDP were successful in gaining Planning Permission for a C store and 11 houses in Middleton St George and, amongst other things, we acquired an attractive retail investment in Northallerton for which our clients, Mandale Properties, have great plans for refurbishment. In addition we still await the outcome of further planning applications throughout the area and are constantly on the look-out for further development and investment opportunities. So take a look at our current requirements here  and we very much look forward to working with our friends and clients, old and new, for the next five years and beyond!

 

Catterall & Co January 2018 Update

Well Christmas 2017 went in a flash and it’s all systems go here at Cattco! In the run up to the Festive period we managed to complete the sales of our 2 investments in Darlington Town Centre, and our clients Fintry Estates gained preferred developer status for an exciting retail scheme in Bridlington.

As we launch into 2018, planning applications, on behalf of a selection of our clients, are due to be heard on three residential sites in the North East and we have several investments under offer on behalf of retained clients. We are always on the look out for more opportunities so if you have something that you feel may be of interest then please click here or get in touch.

 

Catterall & Co November 2017 Update

As Christmas appears on the horizon we are busier than The Man in the Red Suit here at Cattco! Both properties mentioned in our October Newsflash below are under offer, together with the remaining development land at Yarm Road Interchange. We are also advising on a number of residential and commercial development sites across the region with three planning applications due to be heard before Christmas.

As always we are on the lookout for new opportunities across the residential and commercial sectors and our latest investment requirements list can be found here 

Paying our respects in the Toon!

October 2017 Newsflash!

We are pleased to have been instructed to sell two prime retail investments: 2 Tubwell Row: Darlington and 3 – 11 Northgate Darlington. Both are let to excellent covenants and offer unbroken ten-year full repairing and insuring leases reflecting a net initial yield of 9%, An ideal purchase for a Private Investor, SIPP or Property Company. Click on the photos for further information.

 

Catterall & Co September 2017 Update

It may have been an average summer Meteorogically speaking but we have been steaming ahead with business at Cattco HQ! After three years of advising Private Clients in partnership with Theakston Land we have finally secured planning consent for 400 houses at Flatts Lane, Normanby and are similarly advising other clients in partnership with the Home Group for a 30 unit residential scheme in County Durham.

We have also successfully completed the sale of land at Yarm Road Interchange Darlington, in conjunction with our good friends at Connect Property North East, on behalf of CDP Ltd to RMB Motor Group for the construction of two motor dealerships. We are also retained to satisfy two Depot requirements, one in Birmingham – click here and the other in Southampton – click here – for further details on all our current client requirements please click here

So as the scaffolding comes down from our recent Onestop acquisition in Darlington (see below) we look forward to a busy Autumn. If there is anything you think that we can help you with please do not hesitate to contact us.

Tees Valley Business Summit; Teesside University; Middlesbrough Thursday 6th July 2017

Once again Tim & Jenny Catterall were delighted to attend this wonderful exhibition with over 100 stands and 1,000 attendees,

Great to see our old friend Graham Robb Head Honcho of Recognition PR and other contacts, clients and friends

Can you spot yourself in our photo montage?

Particular thanks to Amanda Armstrong from Tees Valley for organising and Teesside University for hosting.

Insider North East Property Awards 4th May 2017

We were very pleased to attend this dinner which was held at The Newcastle Marriott Hotel. Delighted that our clients The Helmsley Group and Caddick Developments were shortlisted in two events.

Congratulations to all winners especially our friends at HTA for winning ‘Industrial Agency of the year’; Naylors for ‘Office Agency of the year’ and Muckles for ‘Legal Practice of the year’.

A most enjoyable night!

Catterall & Co April 2017 Update

As Easter approaches we are very pleased to announce that Catterall & Co have been nominated for Commercial Deal of the Year at the forthcoming Insider Property Awards North East for development advice which finally led after seven years to the sale of Felling Town Centre on behalf of our clients Helmsley Securities and Caddick Developments, who have also been nominated for Commercial Development of the Year! The results will be announced at a Gala Dinner on May 4th so May the 4th be with us!!

In addition we have secured further premises for our clients Onestop Stores in Nickstream Lane Darlington and are keen to hear of any other C store opportunities throughout the North of England. We are also on the lookout for potential residential sites on behalf of a client who specialises in Land Promotion Agreements so if you know of any sites capable of developing 20 residential units or more, with no upward limit, in town or rural,  then please let us know.

So as we head into the Easter break we look forward to satisfying more client requirements, a full list of which can be found here

Catterall & Co March 2017 Update

Spring is here and we are making the most of the longer daylight hours here at Cattco! Our residential expertise is being called upon to assist in a selection of land promotion opportunities.

We are also pleased to be jointly instructed with our good friends at Bradley Hall on the disposal of development sites in Darlington and Northallerton that are suitable for Care Home provision, or alternatively Commercial and other uses subject to necessary consents etc – full details are available here – Morton Park & Yafforth Road . In addition we are still actively searching for a variety of opportunities – please click here  for further details.

Catterall & Co January 2017 Update

Well 2017 is here and we are off to a flying start at Cattco! Our clients Maple Grove, in conjunction with Yorvale , have been granted preferred Developer Status by Northumberland County Council to redevelop the commercial element of their former headquarters at Morpeth. The proposed County Retail Park comprises 60,000 sq ft of retail accommodation together with a Drive Thru’ Restaurant and a Public House. Click here to see the scheme which is currently in for planning and do not hesitate to call us if you require any further information.

 In addition we are pleased to offer To Let the former Beales Department Store in Regent Walk Retail Precinct, Redcar which has now closed and where a split of the unit would be considered – further details available here

 

Looking ahead we are still searching for Convenience Stores in new and refurbished parades on behalf of retained operators, as well as a varied selection of specific investment opportunities – for a comprehensive list of our clients’ requirements please click here

So off we go for the year with a spring in our step – do keep visiting our website for regular updates.

Catterall & Co December 2016 Update

It’s difficult to believe that we are now into December! It’s been a record breaking year for us here at Cattco and we’ve got some good deals in hand which hopefully will mature early in 2017; so watch this space.

Many thanks to all our Friends and Clients who have supported us in 2016; we are most grateful.

We are really looking forward to The New Year and we wish you all a Very Merry Christmas and Good Health and Prosperity for 2017.

Our chosen Charity this Christmas is Asthma UK. More information about this amazing charity can be found here

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Catterall & Co October 2016 Update

A very busy month following return to school and work for some after the Summer holidays.

Delighted to see after several years work that our clients Trade Hair Supplies have opened their new branch in Darlington. A real jewel for the town and we were delighted to advise.

A top night at Jacksons Law celebrations for their 140th Birthday: 60 more to go for the Bicentenary!

We were pleased to have sorted the final sale of The Travelodge in Darlington, as well as the sale of the Heron Foods investment in Stockton on Tees, both of which we created on behalf of our good friends and clients CDP.

Also delighted to attend the opening of M7’s Vision Retail Park in Hartlepool where we won a pair of Ray Banns and £1,000 worth of travel vouchers!!!

So as we head towards Christmas we are busy working on several interesting acquisitions so watch this space.

We are always happy to discuss your property requirements.

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Catterall & Co September 2016 Update

Despite the uncertainty surrounding Brexit we at Cattco have had a really busy summer, transacting in excess of £15 million worth of sales, lettings and acquisitions.

In particular we have concluded lettings at Yarm Road Interchange Business Park Darlington on behalf of Commercial Development Projects Limited to Snapfitness and Howdens Joinery, and then sold the resultant investments, along with the Travelodge Hotel for in excess of the £5.5 million guide.

In addition the letting of the final unit at Felling Town Centre was concluded to Barnardos and the sale of the whole centre completed in excess of the £9.7 million guide price. Some of us even found time to indulge in a spot of horse-spotting at York Races with some fellow agents!

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So into the Autumn we go and we are as keen as ever to hear of anything that fits our requirements, including our search for a 35-40 acres auto logistics site – click here for more details; a full list of our requirements can be found here.

Tally-ho!!

Tees Valley Business Summit 2016

Great day networking today at The Tees Valley Business Summit. Good to see so many of Cattco’s Friends, Clients and Advisers. Congratulations to Tees Valley Unlimited and Teesside University for hosting this wonderful event!

Tees Valley Business Summit Show 2016

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Catterall & Co June 2016 Update

Well first up a huge shout-out to Jane Elphick for completing the London Marathon in support of her late father and our much-loved colleague Hugh – nearly £6,000 raised for Prostate Cancer Research; if you still feel like donating then check out the link below in our April update!

We also wish our old friend Chris Noble much happiness for his retirement; Tight Lines Chris!

Back at Cattco HQ we have also been busy with completions of lettings to Barnardos in Felling and Snapfitness in Darlington. We have also exchanged contracts on the sale of Felling Town Centre above asking terms, as well as new purposes-built premises for Howdens Joinery at Yarm Road Interchange in Darlington. We will shortly be bringing The Yarm Road Trade Park investment to the market and also the adjacent Travelodge/Snap Fitness unit.

May-Photo

So as we enter our third year, having celebrated our anniversary appropriately at our good friend Eugene McCoys in Crathorne, we are hungry for more deals – please check out our investment requirements here  and as always we are also on the look-out for retail premises specifically for Convenience Stores in neighbourhood parades on behalf of retained clients throughout the North.

STOP PRESS!

You may remember our dear friend and colleague Hugh Elphick who sadly succumbed to Prostate cancer last November. Well, his daughter Jane is running the forthcoming London Marathon in his memory and to raise funds for the ongoing research, so we would be most grateful if you could lend your support to such a good cause by following this link here

Catterall & Co April 2016 Update

Spring has sprung at Cattco HQ and we have hit the ground running once more with a selection of new instructions ranging from the investment sale of the now fully let Felling Town Centre, anchored by ASDA – click here for full details –  to a 30,000 sq ft Department Store in Redcar – click here for details – and are also pleased to re-offer a newly let Convenience store investment in Stockton-on-Tees following an abortive sale – click here for details.

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We are still actively looking to fulfill both Private and Corporate investments across the spectrum – please click here for further details.

So as you can see we are off to a busy start following the Easter break and very much look forward to hearing from you should you have any propositions you wish to discuss.

Catterall & Co March 2016 Update

Well winter has officially been and gone and we can look back on a busy quarter with, amongst other things, the successful acquisition of prime retail investments on behalf of private clients, the signing off of a major parcel of strategic residential development land agreement and negotiated the relocation, following CPO, of Ray & Co to their new Lingfield Way premises in Darlington.

February News Update Photo 1 | Catterall & Co

In addition, flushed by the success of acquiring a new Irish Headquarters for retained clients we have now sent our roving surveyor further afield to appraise future possible purchases!!

February News Update Photo 2 | Catterall & Co
We are also pleased to report that ASDA will be opening their anchor store on March 14th in Felling Town Centre where we have successfully let all but one of the adjacent retail units – click here  for details of the last one. Once the lettings have completed we look forward to offering the investment for sale; do contact us if you would like to receive details in due course.

February News Update Photo 3 | Catterall & Co
So off we go into Spring with an updated set of requirements – to see them please click here – do visit us regularly for more exciting updates!

Catterall & Co January 2016 Update

We would like to start the New Year by thanking all those who sent messages of support following the loss of our good friend and colleague Hugh Elphick who died on November 3rd 2015 – he will be sorely missed but very fondly remembered.

Hugh Elphick | Catterall & Co News Update

The run up to Christmas saw a busy time at Cattco with the tying up of two strategic land Promotion agreements for residential development within the Tees Valley. In addition we completed on the purchase of an attractive parade of shops in Norton on behalf of Private clients and were pleased to see the opening of the new Heron Foods store in Stockton for which we are the Developers’ agents.

Heron Food Stockton & Norton Parade of Shop | Catterall & Co January 2016 News Update

 

So into 2016 we go, still keen as ever to hear of new investment and development opportunities throughout the region – click here for our latest requirements and may we wish you all a happy and prosperous New Year!

Catterall & Co Autumn 2015 Update

Autumn has taken it’s time in arriving but this hasn’t slowed us down at Cattco HQ! We have witnessed an upturn in activity, particularly in the Leisure and Industrial sector, and the retail and residential sectors continue to perform well.

Notable successes include the disposal of the Star Bowl Leisure Facility investment in North Shields with our joint agents Rees Denton on behalf of private clients, and the acquisition of several off-market investments for private clients.

Catterall & Co News | Catterall & Co

Other schemes are progressing well with FP Plastics unit at CDP’s Yarm Road Interchange in Darlington has now been handed over and the final unit in Felling Town Centre is now under offer on behalf of our clients Caddick Group and Helmsley Group.

Catterall & Co News | Catterall & Co

 

We are still actively looking for suitable opportunities on behalf of retained clients, particularly in the Investment and Residential development Land sectors – for a full list of our requirements please click here and we hope to hear from you soon!

Catterall & Co  Summer 2015 News Update

With Summer now drawing to a close we are pleased to report that it has been another busy season at Cattco! Substantial progress has been made in the construction of Felling Town Centre by our clients Caddick Developments, in conjunction with The Helmsley Group, with PC of the retail units due within the next month and full completion in February 2016.. Upon completion of the development we have been retained in conjunction with Reeves & Co to market the investment.

At Yarm Road Interchange more space has been snapped up with FPE Seals Ltd taking a unit of 34,000 sq ft with additional expansion room in one of the most modern industrial units to be built in the Tees Valley this year.

On the acquisition front, amongst other deals, we had a notable success in sourcing new freehold Headquarters in Ireland for our clients Cleveland Cable at Finglas in the industrial quarter of Dublin.

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Other notable instructions include

*Negotiating a development partnership for residential development of 40 acres to the east of Middlesbrough

*Negotiating a complex CPO in Darlington on behalf of owner/occupier industrial premises.

*Conducting a major leisure-space audit on behalf of retained freeholders in Newcastle City Centre

*Scope exercise on behalf of a major C Store client to identify new store ops.

We also had time to take up a kind invitation from our friends @retail who entertained us to a fine day out at Newcastle Races which, thanks to a last-race success, meant that we escaped with our finances intact!

Catterall & Co August News Update - A Day At The Races

 

We now look forward to the Autumn when we will be marketing a couple of residential and commercial development sites and will still be actively seeking investment and development opportunities – for a full list of our current requirements please click here 

Catterall & Co Early Summer 2015 News Update

Well summer is here at last and things are pretty sunny at Cattco, although we have yet to get out the shorts and sunscreen!

We started the school term with a trip to Leeds to see our friends at The Co-operative Group who are still taking units despite the invasion of European competition. The C store market appears to be coming to terms with the shift away from one-store, one-shop habit and we still have active requirements for units in a variety of locations; please call us if you may have something suitable.

We were also royally entertained by our good friends at Metcalfe Harland up in the Toon on a gloriously sunny day! This coincided with the Second Anniversary of the formation of Catterall & Co so a good day was had by one and all.

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We are also pleased to see cranes appearing at  various developments with which we are involved, including Taylor Wimpey’s 180 unit housing development at Ushaw Moor, the ASDA-led retail scheme at Felling by our clients Caddick Developments; the Heron Frozen Foods new store at Norton, Stockton-On-Tees and The new Fluid Power Building at Yarm Road Interchange Darlington; both latter developments being undertaken by our clients Commercial Development Projects Limited.

However we still need more sites for Residential (half acre plus), Industrial (0.5 – 10 acres) and retail operators (2,500-5,000 sq. ft. Neighbourhood Parades), as well as a variety of investment requirements so please take time to have a look at our detailed requirements here

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Catterall & Co Spring 2015 News Update

A Happy New Year to all our friends and clients, old and new!!

We’ve certainly hit the ground running as we launch in to another year. Our clients CDP are coming out of the ground on the site of the former Roseworth Library in Stockton with a spanking shiny new unit for Heron Foods; another client The Felling Partnership is steaming ahead with the construction of the new Felling Shopping Centre anchored by a 35000 sq ft ASDA food store. In addition we have issued HOT’s in respect of two strategic farmland sales within the area to major house builders and are still chasing commercial sites on behalf of clients in Dublin and Oxford, as well as major commercial centres throughout the North of England.

We are particularly involved in Asset Management, whether it be for retail, office or industrial clients and can help private individuals as well as corporate clients unlock value in their assets. We also can help in relocations, up sizing, downsizing, expansion and sales so if you would like to have a no-obligation chat with any of our Principals then please click here. And of course we still have requirements for our usual investment clients, details of which can be found here.

Catterall & Co – The commercial alternative – 01325 722109

Want to find out more? Please contact us and we’ll do all we can to provide the information you are looking for.