Serving the Teesside Business Community | 25
Northshore
development
I
to reconnect Stockton
with the River Tees
n recent months there has been significant
investment in Stockton, with the flagship
56-acre Northshore development
helping to generate a brand new, vibrant
community on the bank of the River Tees.
Muse Developments worked alongside
the Homes and Communities Agency and
Stockton Council to create a high-quality
extension to Stockton town centre.
Northshore is converting the riverside with
the creation of 200 new homes and over
400,000 sq ft of commercial space.
Following the success of the residential
and office developments, Sanderson
Weatherall’s North-East agency team has
been appointed alongside joint agents GVA
on leisure and retail investment opportunities
at Northshore.
Further phases of commercial
development at Northshore are planned,
including the delivery of a new Hampton
by Hilton hotel for Stockton which is due to
complete in early 2019.
Sanderson Weatherall’s local team has
been appointed alongside joint agents, GVA,
on a retail development site at Northshore,
providing units ranging in size from 1,615
sq ft to 4,445 sq ft that can be reconfigured
to suit individual occupier requirements
dependent on levels of demand.
The units occupy an exciting, and highly
visible roadside location,
along a busy route into
Stockton town centre that
generates over 11,000
vehicle movements every
day.
Located directly adjacent
to the retail site is Fusion
Hive Innovation Centre, at
80% currently occupied
it provides flexible space
for start-up businesses in
the creative, scientific and
digital sectors.
Sanderson Weatherall retail agent
Mark Convery said: “There is significant
development in Stockton at the moment and
Northshore units offer a fantastic opportunity
for businesses looking for retail or leisure
space in such an up and coming area.
“We are incredibly excited to follow the
completion of this project and expect to
receive significant interest in the properties
as they boast a prominent roadside location,
high specification finish once complete and a
close proximity to so many major occupiers.”
The Northshore development in Stockton highlights
the increased investment in the Tees area.
Sanderson Weatherall retail agent Mark
Convery says Northshore units offer
a fantastic opportunity for businesses
looking for retail or leisure space in
such an up and coming area.
In addition to new housing being delivered
at Northshore, there are a further 1,122 units
in the pipeline across four sites which is set
to increase the population within a five-mile
radius to circa 320,000 by 2020.
Sanderson Weatherall’s Stockton office
works with property occupiers, owners and
investors throughout the Tees Valley and by
offering multiple services under one roof
is the only one stop property shop working
within Teesside.
For more details go to sw.co.uk/teesside or
give the Teesside team a call on 01642 426900.