Home Business Awards & Achievements Outstanding First Quarter for Carter Towler’s new York Office

Outstanding First Quarter for Carter Towler’s new York Office

Four significant deals successfully concluded within 12 weeks by Carter Towler York

Independent chartered surveyors and property management company Carter Towler is delighted to announce that it’s new York office has had an exceptional first quarter with four significant deals being successfully concluded within 12 weeks of its launch.

Commenting on the transactions, Carter Towler’s York office director Miles Lawrence said: “I am absolutely delighted 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.”

Acting on behalf of White Gable Properties Ltd, Miles and his team have 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 adjacent 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 an imaginative £17m scheme.

Acting on behalf of the landlord Oakgate Group, Miles 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.

Carter Towler’s managing director Ian Greenwood concluded: “We couldn’t be more delighted 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.”

Carter Towler, which was established 75 years ago employs 50 people. It is acknowledged as one of the most commercially active property companies in the North. Over the past 12 months the company has been involved in over 350 commercial, industrial and investment property deals and currently manages 5,000 properties for its clients nationwide.