Yorkshire-based Almscliffe-Dhesi Group (ADG) is toasting a range of retail deals across its developments.
Leeds based ADG has signed up a number of national occupiers at its retail and roadside developments in Sunderland, Scunthorpe, Peterlee and Stanley. Work has started on site at Scunthorpe, where ADG’s new 7,300 sq ft roadside scheme will include a Starbucks Drive Thru’, a Central England Co-op, The Tanning Shop and EV charging points.
The development, at the Queensway and Kinsgway roundabout opposite Central Park, will be completed by spring next year and has been sold to a private investor. The company is also turning the old Farringdon Hall Police Station site and land off Durham Road in Sunderland into a new £10m development.
ADG’s plans to create a brand-new 32,100 sq ft retail park have been approved and occupiers already signed up include B&M, Homestore, Costa Drive Thru’, Westway Vets, Greggs and the Tanning Shop, with eight EV chargers on site. FW Capital is providing financial backing for the Wearside scheme, which starts in January and is scheduled to be completed by the end of the year.
Neil Creeney, who owns and runs ADG with his business partner Bal Singh, said: “This has been a tremendously busy and productive year for us, despite the challenging economic conditions, high interest rates and the fluctuating commercial property market.
“We have made significant progress at all our sites, underlining our growing reputation as one of the most active retail/roadside developers in the north of England.”
Meanwhile plans have been approved by Durham County Council for a retail-led scheme on the outskirts of Peterlee, which is set to create 100 jobs. The development will re-use a former car dealership unit and provide new units , with tenants already signed up for the 13,000 sq ft development including Sainsbury’s, The Tanning Shop, Cooplands and Dominos, together with EV charging points.
(Image: ADG)
Mr Creeney added: “We are also currently working on developments in Stanley and Crook and have already this year successfully completed roadside developments in Stanley, Middlesbrough and Washington. Altogether we have had five successful planning permissions this year which will create nearly 1,000 new and sustainable jobs.”
Business partner Mr Singh added: “Our blueprint involves locating a vacant visible, roadside site, preferably in Yorkshire, the North East or Humberside, and obtaining planning permission to develop it for retail and roadside uses. We have excellent contacts for nationally renowned end-users, including supermarkets, drive-thru’ outlets and retail operators, who are looking for what we can provide.
“Our developments breathe new life into vacant brownfield sites and provide much-needed new facilities and jobs for towns such as Sunderland, Scunthorpe, Peterlee and Stanley. This chimes in with the Government’s levelling up agenda for the north, which aims to invest in northern towns who have previously been left behind.”
Original artice – https://business-live.co.uk/all-about/yorkshire-humber
