Build Briefs: City Taxis; St Modwen, AWS; Dale Eddison Commercial
CITY Taxis, currently celebrating its 30th year in business, has relocated its headquarters.
Unit 1 Waterside Court in Sheffield has been sold by Ryden on behalf of JLL, for £650,000, within two weeks of erecting the for sale board at the 10,500 sq ft office.
Arnie Singh, managing director of City Taxis Sheffield, said: “City Taxis has been looking for new premises for the last 18 months and the building that Ryden has sold us is ideal for our needs. The location, size and specification is exactly what we were looking for and dealing with Ryden proved to be a smooth and painless procedure.”
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ST MODWEN has strengthened its team in Leeds with the appointment of asset and development manager, Rob Richardson.
Richardson has more than 15 years’ experience in the property market having previously worked for Wykeland in Hull and King Sturge in London. He will be responsible for driving asset management across the North, overseeing regeneration specialist St. Modwen’s industrial and office portfolio, as well as progressing development sites in Yorkshire, Lincolnshire and the North East.
He said: “St. Modwen has an excellent reputation as a regeneration expert and for taking challenging sites and turning them into thriving business and residential communities, so I am delighted to be joining the Northern team. With improving economic conditions in the North, I am confident we will see continuing improvement in the occupation and performance of our existing stock and I look forward to working with the team to expand development activity in the region.”
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THE MKM Builders Merchants site in Castleford has been sold.
UK property investment company Custodian REIT has acquired the property, which was sold by Leeds-based AWS.
The property which was developed by David Hopkinson was let on a new 20 year lease to Hull-headquartered MKM Building Supplies.
AWS sold the building in a deal worth more than £1.6m.
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DALE Eddison Commercial has completed three Yorkshire deals.
Acting on behalf of Halliday Clark, the recently refurbished office building at 21 A The Grove in Ilkley has been let to Newtons Solicitors. A mixed use investment on Westgate, Otley has been sold to private clients and the firm has also secured an off market deal on a warehouse on Ilkley’s Drill Hall Industrial Estate.
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AN organisation which provides support and services for people suffering from mental health issues in the Hull and East Yorkshire area has moved to new, state-of-the-art premises.
Hull and East Yorkshire Mind (HEY Mind) bought Wellington House on Beverley Road for £500,000 earlier this year, after receiving financial backing from NatWest.
The move is expected to reduce HEY Mind’s outgoings by more than £47,000 per year.
Greg Aitken, CEO of HEY Mind, says: “The move to Wellington House not only compliments our strategic financial plan for 2014 through to 2017, but also gives us the scope to develop the building and expand our service offering for the residents of Hull and East Yorkshire.”
