Letting of Cedar Court Office Park – Junction 39 M1
We have successfully completed the letting of a Unit on Cedar Court Office Park to Henley Group until 2029, Henley Group relocated from Wakefield to be nearer the M1 to facilitate their business growth. The property extends to 6359 sq ft of modern offices over 2 storeys and benefits from 18 car parking spaces. The […]
Demand for prime commercial property investments remains healthy
Brackenridge Hanson Tate have been very active in Quarter 4 2022 and have acquired numerous investments for clients, all secured off market. Despite interest rate rises and the general economic climate we are seeing clients still wanting to acquire prime commercial investments let to strong tenants. An example of some of our acquisitions include a […]
Successful sale of Retail Investment
We have recently completed the off market investment sale of the Barclays Bank Baxtergate Whitby at a current passing rent of £35,000pa. The property benefited having vacant upper floors and a lapsed planning consent to convert the upper floors to residential. It also benefited from a prominent location and access from New Quay Road, overlooking […]
Successful Acquisition of Two Prime Retail Units.
Acting on behalf of a private client, Brackenridge Hanson Tate identified and successfully negotiated the acquisition of two prime retail units that were let to 02 and Pandora. Both units were let off rebased rents and produced a total rent of £100,000 pa. The property was acquired for £1,365,000 equating to a net initial yield […]
Successful Acquisition of Units 1- 7 Dakota Business Park
Brackenridge Hanson Tate have recently acquired this multi let business park for £1,815,000 equating to 9.61% NIY and a capital value of £92.55 psf. The property extending to approximately 19,000 sq. ft. was fully let with tenants including DVSA and OWL Live and included additional ground rent income. Thank you to Gurminder Manak from Real Estate […]
Acquisition of 14/15 Westborough, Scarborough
Brackenridge Hanson Tate have recently advised private clients on the acquisition of the above property let to Mountain Warehouse on a re-based rent at 9% yield. Tom Heptonstall at Fawcett Mead acted for the vendor.
Sale of St Mary’s Retail Park, Nottingham Road, Chaddesden, Derby.
Brackenridge Hanson Tate have recently advised private clients on the off-market sale of the above retail park to Proudreed Real Estate for £1.95 million. The property comprises 7 units totaling 12,256 sq.ft.
Sale of High Quality Office Building at Junction 26 of the M62
Acting jointly with Carter Towler, BHT have recently sold Summit House, Woodland Park, Cleckheaton to Shenward for in excess of £1m on behalf of Summit House Property Ltd. Summit House forms part of the Woodland Park development which provides Grade A office accommodation in a prestigious headquarters-style building and environment, in an attractive heavily landscaped […]
BHT advise on Stockton on Tees Investment Acquisition
We have recently advised on the investment acquisition of 1 Massey Road, Teasdale Park, Stockton on Tees. The property was substantially refurbished and let to accountants Tait Walker LLP on an unbroken 10 year lease with an uncapped RPI rent review at a passing rent of £50,000pa. The property was acquired for private clients at […]
York out of town Office Investment Acquisition
On behalf of a private investor we have successfully acquired Aspen House, Wykeham Road, Northminster Business Park, Upper Poppleton, York, an out of town office investment let to McCarthy and Stone for £1.35m, representing an attractive net initial yield of 11.83%. We have acquired and sold various out of town office investments throughout the region […]
