Office opening pays off for property firm as it wraps up significant deals
Chartered surveyors and property management company, Carter Towler, says its new York branch has concluded four significant deals within 12 weeks of its launch.
Acting on behalf of White Gable Properties Ltd, York office director, Miles Lawrence and his team, negotiated the £1.6m sale of a warehouse and covered yard at James Street, York.
The 14,500 sq ft property has been purchased by property investor and developer Northminster Properties Ltd.
In the second deal, Carter Towler, concluded the £1.45m sale of York Motor Sports Village at Kathryn Avenue to Birmingham-based Teamwork Karting.
Located next to the LNER Community Stadium and Monks Cross Shopping Park, the 0.7-acre indoor karting centre includes a 21,800 sq ft warehouse, leisure unit and customer parking.
Finally, there have been two lettings at York city centre’s Stonebow House. The prominent, mixed-use property has recently been entirely transformed in a £17m scheme.
Acting on behalf of the landlord Oakgate Group, Lawrence has negotiated new lease deals with expanding entertainment operator Roxy Leisure Holdings and My Dentist, the UKs largest dental provider.
Roxy Leisure has taken a 20-year lease on 17,000 sq ft and My Dentist Group will be occupying 8,350 sq ft on a 15-year lease.
Lawrence said: “I am pleased that we have established Carter Towler’s presence in York so positively – we really have hit the ground running.
“I am particularly pleased with the range of property deals we have been working on. There have been two sales totalling just over £3m, one is an industrial property and the other leisure, and there have been two significant retail lettings.
“Judging by our current pipeline of enquiries it looks like we’re going to continue to be busy for the foreseeable future, which is very encouraging.”
Managing director Ian Greenwood added: “We couldn’t be more happy with the progress Carter Towler’s York office has made within its first three months.
“The volume and calibre of transactions completed underscore Miles’ experience and tenacity. We look forward to continued success in York under his leadership.”
