30 Acre Development Site Instruction at Normanton

Added: 21st October 2011

We are delighted to announce that as part of the new PPG Land and Marshalls Construction joint venture initiative Carter Towler are to actively promote the availability of this site for new design and build projects. The site which is fully prepared and ready for immediate development is capable of accommodating a single building of up to 580,000 sq ft. The site overlooks the M62 at junction 31 and represents one of the best options for companies looking for large single footplate buildings within West Yorkshire. This new joint venture initiative should offer significant advantages to the competitiveness of this site in the regional market.

41 St Paul's Street, Leeds – City Centre Investment Property SOLD

Added: 21st October 2011

Carter Towler, acting on behalf of PPG Land Limited, have recently sold a high quality city centre investment at 41 St Paul's Street, Leeds.

The attractive Georgian building, which has been comprehensively refurbished throughout, comprises ground floor retail space with four floors of offices above.

The property is fully income producing and has a rent roll of £96,935 per annum, which includes long term income from the ground floor letting to Philpotts Limited, as well as short term income from the offices above, which are occupied by a number of tenants.

The property has been sold to a local property company for the price of £930,000 and a net return of 9.85%.

Bosch Rexroth

Added: 21st October 2011

Carter Towler have recently been instructed to monitor the construction of a new Northern facility for Bosch Rexroth at the prestigious LINK 62 development at Normanton, Wakefield. Carter Towler will also be managing the extensive fit out of the building having forged strong links with Bosch Rexroth during the process of sourcing a development suitable for their needs. Commenting upon the instruction, Chris Priestley the Head of the Building Services Department; said 'This represents a massive leap forward for an already up and coming department. This instruction should highlight to existing and future clients the full range of property services the team at Carter Towler can offer'.

The proposed development will offer 44,000 sq ft of floor area, including 12,000 sq ft of high quality office accommodation over two floors. The facility brings together a number of companies within the Bosch Group with completion of the main build scheduled for early Autumn 2012.

Building 1000, Link 62, Normanton

Added: 21st October 2011

Carter Towler have been instructed by national bed retailer, Dreams, to market for them a 63,000 sq ft distribution premises at Normanton near Wakefield. The property is a high quality, almost new distribution facility which is now surplus to Dream's requirements. This instruction continues Carter Towler's long standing association with the marketing of large high quality industrial and warehouse properties in this location and develops further their expanding list of national and blue chip clients.

Former Milk Depot SOLD

Added: 21st October 2011

Carter Towler, acting on behalf of national clients, have sold a former Milk Depot and premises at Haxby Road, York.

The property which comprises a building of 14,733 sq ft on a site of 0.55 acres, has been sold to Niche Homes for a price of £400,000.

The purchaser has obtained planning permission to carry out a residential development on the site consisting of 7 family houses and 6 two bedroomed apartments.

Indigo

Added: 21st October 2011

The Office Agency Department at Carter Towler has recently let a 10,000 sq ft Grade A office building at Thwaite Gaite, off Hunslet Road.

Acting for the landlord, PPG Land Ltd, the INDIGO building has been let to SRCL, the UK’s leading healthcare waste services company.

The transaction is the third largest out of town office letting in the last 12 months, with Carter Towler also being involved in the other two.

Tristram Centre, Brown Lane, Leeds

Added: 21st October 2011

Carter Towler are delighted to have been selected by Rockspring Property Investment Managers to assist them with the letting of vacant space at the above estate. Having been instrumental in the letting programme when the centre was first developed, it is particularly pleasing to renew our association with this high quality modern industrial estate. We are currently working on the letting of one vacant unit and also have instructions to represent the landlords in lease re-structuring work within the estate.

Two Shops Let in Skipton Town Centre

Added: 21st October 2011

Carter Towler acting on behalf of private clients have negotiated lettings of Units 1 and 2, 8 Swadford Street, Skipton.

Unit 1, which comprises a prominent corner retail unit with ground floor sales of 850 sq ft, plus additional retail space on the first floor and storage accommodation on the second floor, has been let to Hilary Lightfoot for use as a cookware shop plus associated cake shop and cake decorating business.

A ten year Lease has been agreed with a rent review after five years and at a commencing rent of £20,000 per annum, and with phased increases to £27,500 per annum in year five. The Lease also incorporates a tenant's break clause at the end of the fifth year.

The tenant is already trading in the centre of Skipton, and has taken the new premises to provide her with extra space as well as a more prominent location.

Unit 2, which comprises a well proportioned ground floor sales area of 1,650 sq ft, plus additional storage and office accommodation on the first floor has been let to multiple toy retailer, Conways Toymaster Limited.

A ten year effectively full repairing and insuring Lease has been agreed at a rent of £32,500 per annum. The Lease incorporates provision for a rent review at the end of the fifth year, as well as a tenant's break clause at the end of year five.

Both the tenants have signed their new Leases in time to fit the premises out ready for Christmas trading.

New Instruction - Unit 20, Norquest Industrial Estate, Birstall

Added: 21st October 2011

We have been instructed jointly with Jones Lang LaSalle to market 47,215 sq ft of industrial accommodation on behalf of Cube Real Estate, a London based property investment company.

The unit provides an excellent opportunity for an occupier, with it being strategically located within 0.5 miles of J27, M62 and in turn providing easy access to the surrounding national and local motorway networks. The unit offers good quality recently refurbished space which benefits from 3 ground level loading doors, ample parking all within a secure self contained site.

Building Consultancy

Added: 9th August 2011

Carter Towler are pleased to announce a new addition to their Building Services Department.

Chris Priestley, joined Carter Towler on 13th June 2011, from PSK Prout Tilbrook.

Chris graduated from Sheffield Hallam University in 2002, with a BSc(Hons) Degree in Building Surveying and was elected a member of the RICS in 2007. Chris is also a Prince2 qualified Project Manager.

Before joining Carter Towler, Chris worked for over 7 years at PSK Prout Tilbrook focusing on management of Planning Maintenance works at a number of Shopping Centres and commercial properties throughout the North. More recently Chris was involved in the Management of a series of Capital Investment Projects at the University of Bradford.

Chris' experience extends throughout the full range of Building Services specialising in Dilapidations Negotiations and Project Management of large scale construction scheme.

Contact details:

Chris D Priestley BSc (Hons) MRICS, Prince2 Practitioner
Chartered Building Surveyor
chrispriestley@cartertowler.co.uk

Management

Added: 9th August 2011

Carter Towler are pleased to announce a new addition to their Management Department. Alex Wilkinson joined Carter Towler on 5 May 2011 as a Graduate Management Surveyor.

Alex graduated from Northumbria University with a Bachelor of Science Honours Degree in Estate Management. Before joining Carter Towler Alex worked for the Co-operative Group in their Estates Department.

Contact details:

Alex Wilkinson BSc (Hons)
alexwilkinson@cartertowler.co.uk

Unit 4 Pentagon

Added: 8th August 2011

Carter Towler have negotiated the sale of Unit 4, Rubicon Square, Thorp Park, Leeds, a modern high quality two storey detached office building of 4,000 sq.ft. with 16 car parking spaces. The building, which attractive strong interest, has been sold to Back Up Technology Limited, a global service provider specialising in disaster recovery and online solutions. A price close to the asking price of £480,000 was achieved.

Create arrive at Atlas House

Added: 8th August 2011

The retail agency team have recently completed the letting of a landmark restaurant building in the Heart of Leeds City Centre. The 5,000 sq.ft fully fitted restaurant and bar at Atlas House on King Street has been let to The Create Foundation an award winning social enterprise. The restaurant development will headed up by national executive chef Richard Allen. Richard said this week, "with a great modern look inside and a menu of modern British classics, we believe that this restaurant will be unique in Leeds"

Full House at Bradford Business Park

Added: 8th August 2011

Acting on behalf of Jack Lunn (Properties) Ltd. of Pudsey, Leeds, we have recently successfully sold the freehold interest in Building D at Bradford Business Park to Bosideng UK, t/a Greenwoods Menswear.

Building D Bradford Business Park was the final remaining office building at this substantial Business Park and comprised 9,700 sq. ft. of high quality office accommodation within a detached three storey building.

This sale follows the previous letting of Building E to Driver Hire in 2009 of Building E which comprised 7,075 sq. ft.

These two transactions mean that Bradford Business Park is now fully developed and occupied with other occupiers including Yorkshire Bank, Raven Computers and Shorts Lifts.

Full Service for 12 South Parade

Added: 8th August 2011

Acting on behalf of South Parade Properties LLP we have recently project managed the refurbishment of 12 South Parade, Leeds 1.

Having advised South Parade Properties LLP on the acquisition of the building during 2010 by way of a competitive informal tender we then provided further advice and recommendations regarding the refurbishment of the building.

Our Building Services team was appointed to oversee the refurbishment of the building by Absolute Contract Interiors Ltd. of Harrogate in conjunction with our office agency team who provided advice on the requirements and demands of the current Leeds office market.

The refurbishment of the building has recently completed and marketing of the available suites is well under way.

12 South Parade provides extremely high quality air conditioned office accommodation in a prime city centre location in suites ranging in size from 590 sq. ft. up to a maximum of the entire building of 8,350 sq. ft.

Double Letting at Millennium Way, Park 2000

Added: 8th August 2011

Park 2000 has recently seen occupiers battling amongst themselves to acquire premises on the well established Distribution/Industrial Park. Working in tandem with the landlords CBRE Investors we have managed to secure two international companies. Audio Technica, a global manufacturer and distributor of audio equipment have taken Unit 5, Millennium Way (18,000 sq ft) on a 10 year lease, after seeing off serious interest from other parties. One of whom, MTS Medications, a global America company that produce packaging systems for the pharmaceutical industrial, have now been accommodated in a neighbouring unit of 15,000 sq ft. The driving force behind the strong demand was the quality of product. The Estate offers high specification warehouse/distribution space with two storey glass fronted offices giving the units a stylish modern appearance.

Land Sold for Hotel Development

Added: 8th August 2011

On behalf of private clients we have recently completed the sale of a former motorcycle showroom on Walmgate in the historic centre of York. The property has been sold to local developer, S Harrison Developments Limited, who have won planning permission to erect a four storey 102 bedroom hotel on the site. The development, which is within easy walking distance of the city's attractions, will appeal to leisure and business visitors alike.

Long Causeway, Dewsbury

Added: 8th August 2011

On behalf of private clients, we have recently sold a retail warehouse investment at Long Causeway, Dewsbury. The building comprises a modern purpose built unit of 15,000 ft2 and is let to Appna Continental Cash & Carry Limited on a 10 year full repairing and insuring lease from June 2008, with a tenant's break at 2013 and produces a rent of £125,000 per annum.

Stadium Gate

Added: 8th August 2011

On behalf of Sterling Investments of Thorpe Arch near Wetherby, Carter Towler have now concluded the letting of Stadium Gate, a modern distribution premises of 63,000 sq ft off Dewsbury Road in South Leeds. The building has been acquired by TNT as a new strategic distribution centre. As part of the deal the yard is being extended to give approximately 1 acre extra of secured trailer parking.

Carter Towler advised the landlord throughout the lengthy negotiations and were delighted to agree competitive terms on their behalf on the basis of a 5 year deal.

The Calls

Added: 8th August 2011

Acting on behalf of Yorkshire Design Group, Carter Towler have recently completed a number of lettings. Fish4 Trading Ltd have relocated from Wellington Street and taken 4,000ft2 on the top floor of 46 The Calls.

At The Old Brewery, a local brand design company called The Spirit Of and recruitment specialists Langley Scott have occupied two small suites of 1,300ft2 each. The Calls area continues to be a destination for creative, forward thinking companies.