North East chartered surveyors and property consultant, Sanderson Weatherall, has brokered a deal that will help a national kitchen retailer expand into new premises on a thriving industrial estate.
Work has started on a 12,000 sq ft building on Darlington’s Yarm Road Interchange Business Park for Magnet Ltd, which is due to be completed in September.
The Darlington-headquartered company has pre-let Unit 6 on the site, and will join Screwfix and Yesss Electrical as part of phase one of the development, leaving just two other buildings available at the thriving trade park.
Sanderson Weatherall also brokered the deals for Screwfix and Yesss Electrical, last year.
Yarm Road Interchange Business Park is a 20 acre mixed use development, which is adjacent to Darlington Business Park and is within two miles of the town centre.
Jonathan Simpson, partner at Sanderson Weatherall, said: “Yarm Road Interchange Business Park is proving to be a popular development with such high-profile businesses occupying its space and together with the addition of Magnet from September; the industrial estate will only continue to grow.
“It is a prime location for businesses that offers close links to the regional motorway network from the A67 and A66, as well as having a Travelodge and popular restaurant nearby. We have received a lot of interest in the two remaining units at the site, and phase one of the development has proved to be a great success, so far.”
Andy Cartlidge, Head of Group Property and Store Development for Magnet Ltd commented: “I’m delighted to be relocating the Darlington store into this new purpose built unit, which will operate as a combined kitchen showroom and trade counter warehouse in a prominent and accessible location, close to neighbouring retail and trade parks.”
Sanderson Weatherall is marketing the development with joint agent Catterall and Co.