Caddick Group is delighted that Colchester Borough Council's Cabinet has today approved Heads of Terms for a Development Agreement for the Vineyard Gate development.

This follows an in depth review of the development proposals for Vineyard Gate.

The new scheme comprises some 140,000 sq ft on two levels, with direct access to Eld Lane. Some 25 new shops and restaurants will be included as well as a car park. There will be two anchor store of some 20,000 sq ft and 50,000 sq and units ranging in size from 3,000 sq ft – 8,000 sq ft. These will attract high quality new retailers and restaurants to Colchester that are currently unable to find shops of suitable size and configuration. There is an encouraging level of demand, showing that Colchester is resilient despite difficult trading conditions.


Councillor Lyn Barton Portfolio Holder for Renaissance at Colchester Borough Council said: "We welcome Caddick's new proposals for Vineyard Gate, which will do much to improve Colchester's retail offer, improve trade in the town and boost jobs and economic growth. The Council has approved the Heads of Terms for the project which we are confident can now move forward quickly."

Paul Caddick, Chairman of Caddick Group said 'we have been working with the Council's Officers and advisors for some time to find the right solution for Vineyard Gate. We are confident that the new scheme is realistic and deliverable and are looking to forward to working with Colchester Borough Council to deliver the project'.

For more information contact Communications, Colchester Borough Council, 01206 508782 or communications@colchester.gov.uk

Johnny Caddick, Caddick Group: 01937 548421 johnny.caddick@caddickgroup.co.uk

We are delighted to announce further activity at Penrhyn Court, Knowsley Business Park, Merseyside with the sale of an industrial unit to Beverston Engineering Ltd. The company, specialist manufacturers to the aerospace industry, have purchased Unit B, comprising 15,000 sq.ft. high quality new build light industrial space.

Penrhyn Court is a newly built scheme comprising high quality light industrial units, developed by Caddick in conjunction with Knowsley Metropolitan Borough Council. The few units remaining comprise units ranging from 5,700 sq.ft. up to 24,300 sq.ft. and are available either to let or for sale.

For further information, contact Myles Hartley at Caddick on 01937 548400 or see the attached brochure.

Caddick Developments has commenced work on a high quality new build retail scheme in Northallerton, North Yorkshire. The scheme comprises two units totalling around 8,200 sq.ft. which have been pre-let to Pets at Home Ltd and Majestic Wine Warehouses Ltd. The building works are being undertaken by Caddick Construction Ltd and are due for completion in February 2012 with store openings the following month. The scheme is being developed and funded by Caddick Developments Ltd.

For further information, contact Myles Hartley at Caddick on 01937 548400

Demand for high quality industrial units in the Knowsley area continues, as demonstrated by recent lettings at Penrhyn Court, Knowsley Business Park.

Caddick Developments, who built the scheme, have recently let a further 15,000 sq.ft. to a local manufacturing company on a ten year lease. This follows hot on the heels of a letting of 5,715 sq.ft. to lawn care specialist Green Thumb.

Myles Hartley of Caddick commented "We are delighted to have achieved a further letting at Penrhyn Court which demonstrates the high qualify of units we have on offer, together with this established business park location".

There are a number of other industrial units still available for sale or to let at Penrhyn Court in sizes ranging from 5,715 sq.ft. up to 24,310 sq.ft. The units are ready for immediate occupation and offer 10% office content (with cooling), 6.5 metres to eaves and generous yards and car parking. Furthermore, all units benefit from a 'Very Good' BREEAM rating, the industry benchmark for sustainability.

Ingoing occupiers may also qualify for financial assistance from Knowsley Council which can help towards fit out and Caddick will offer a free space planning and design service for office extensions, etc.

This latest phase of units represents an ongoing successful partnership between Caddick Developments and Knowsley MBC which has delivered over one million square feet of new industrial space over the last ten years.

For further information, contact joint agents, either GVA Grimley – 0151 255 1910 or CB Richard Ellis – 0151 224 7666 or alternatively, Myles Hartley at Caddick Developments – 01937 548400.

Caddick Group has for the second year in a row won the prestigious Property Company of the Year, Yorkshire & North East 2010 as voted for by the Estates Gazette. John Williams of Caddick Construction was on hand at the Awards Dinner at Elland Road Stadium to collect the Award.

Caddick Developments and Land Securities have restructured their joint venture partnership in regard to TrinityLeeds, giving Land Securities 100% ownership of the project with Caddick Developments maintaining a long term interest in the project's success.

Commenting, Paul Caddick said: "The rescheduling of the Trinity project has moved the scheme away from our development profile for projects of this nature. Our restructured arrangements will allow Land Securities full flexibility in how and when they take the scheme forward while leaving ourselves a continued interest in the project and its eventual success."

Bob De Barr, Project Director for TrinityLeeds, added: "We felt it was the right time for Land Securities to own TrinityLeeds outright. Caddick Developments has made a great contribution to progress the scheme and this has been recognised by the way of a carried interest. Our confidence in TrinityLeeds continues to grow as we work towards a 2012 opening."

The North East region's development sector was handed a significant boost on Thursday 18th June with the official launch of Gateway West.

With doors now open and ready for business, the £30million scheme offers a total of 230,000 sq ft of high specification office and industrial accommodation.

It provides a rare chance for firms to secure a base beside the popular A1 corridor on one of region's most prestigious business parks, Newburn Riverside.

Developers, the Caddick Group, funding partners, CBRE Investors and supporters, One North East, believe Gateway West is ideally positioned to serve Tyneside and will provide growing businesses with a unique opportunity to acquire the very latest in purpose-built, state-of-the-art office and industrial accommodation.

Director at the Caddick Group, Myles Hartley, said: "The completion of this project highlights our insightful approach to high-quality, sustainable development and an end result that will be well-received and valued by the commercial property market."

Margaret Fay, who officially launched the completed development, said that businesses had been given an ideal opportunity to take-up residence north of the Tyne.

She said: "Gateway West is an ambitious scheme that gives us hope for a bright future for Newburn Riverside and for the commercial development sector in the North East.

"The Caddick Group has shown great ambition and confidence in these difficult times by pressing on with this impressive development.

"We have been watching the site's progress with great interest and the quality design throughout the two buildings is a credit to all who have been involved."

Gateway West's two contemporary office buildings each offer three floors of inspiring work space. Building No.1 totals 31,389 sq ft and Building No.2 provides 21,552 sq ft within a landscaped environment.

Agents are already reporting interest in the twelve industrial / warehouse units ranging from 5,288sq ft to 49,967 sq ft – with larger units benefiting from generous yard space.

Well-connected to local transport links, companies looking for new industrial space will benefit from good transport links north and south via the A1 and A69, as well as close proximity to Newcastle International Airport and the Port of Tyne.

Gateway West has been awarded a BREEAM Excellent Rating due to the incorporation of a number of sustainable features such as a solar thermal hot water system, energy saving lighting, rainwater harvesting system and on-site cycling, walking and running route.

Available immediately, this significant amount of quality stock has been released onto the open market at a time when firms are looking to get the best possible value from commercial property assets.

Robert Patterson, director of agency and development at Sanderson Weatherall, joint agents with GVA Grimley, responsible for marketing Gateway West, said the scheme offers 'something special' for the region's commercial property sector.

Robert said: "There is a limited choice of BREEAM Excellent space here in the North East, so there is great potential for firms looking for space available for sale or let. A strong environmental focus is a significant deciding factor for many organisations looking for commercial property and Gateway West offers these green credentials and affordable running costs in abundance."

For more information visit www.gatewaywest.co.uk

"A business town - Award for Business Park. The building of Scarborough Business Park has been singled out as a prime example of 'sound business judgement and operational expertise' at the Government Business Awards. The £10 million, 83 acre Business Park by Caddick Developments was awarded the Regeneration Project Award at the ceremony at Arsenal's Emirates Stadium beating competition from projects in Stockport, Fife, Allderdale and North East Derbyshire.

The criteria for the award was 'a local authority regeneration project that has been completed within budget and has improved the living and working conditions of residents and the local business community'. The partnership between business, residents, voluntary sector and the council's regeneration team is one of the keys to the success of Scarborough's Renaissance and was the central theme of Scarborough's Enterprising Britain winning entry."

Leading property developers Caddick Developments have been named as Property Company for the North East and Yorkshire 2009 at the annual Estates Gazette Awards.

Johnny Caddick, Director said "The last 12 months have been a difficult time for everyone involved within the property sector and to receive this award is a great achievement and testament to the company's proudent approach. My thanks go to everyone who voted for us and the team here in Wetherby".

Caddick Developments will receive the award at a glittering award ceremony on Friday the 15th May at Saviles Hall, Royal Armouries in Leeds, where some of the region's most influential figures in the property industry are set to attend as part of the RICS Pro Yorkshire Awards 2009.

Health Secretary Alan Johnson officially opened the £45 million Buckshaw Retirement Village near Chorley in Lancashire on Wednesday 8th April.

Mr Johnson met staff, residents and their families of The Lodge dementia care centre and The Grange assisted living facility. The Grange offers a real alternative for people who need assistance but don't want to move into a traditional care home.

The village's third distinct community is The Court, which is for residents who are active and independent but like the idea of home ownership in a village community.

Mr Johnson said: "People are living longer thanks to advances in healthcare, but we need to ensure that those extra years are quality years. Older people are as diverse as any other group in society and we are committed to tailor health and social care to the needs of the individual. That is why facilities such as the Buckshaw Retirement Village are so important. They offer a range of options, providing support yet enabling people to live as independently as possible for as long as possible."

Developed by Oakbridge Retirement Villages (a joint venture between Caddick Developments Limited and HICA), Buckshaw Retirement Village is the forerunner of what will be a number of villages to be built by Oakbridge throughout the UK.

Oakbridge Chief Executive Andrew Stow said: "We are delighted that Mr Johnson was able to perform the official opening ceremony at Buckshaw. The village is all about providing people with lifestyle choices – they have the option to live independently, to have assistance available when required or, for those with dementia, to live in the most advanced care facility in Europe."

"There is also now the opportunity for people to benefit from the assisted living facilities at the village through accessing the Government's new personal care budgets, which provide them with a choice and a say in how their housing and care needs are met," he added.

"Buckshaw Retirement Village is a major investment for Oakbridge and we are proud of what we have created. We believe we have raised the bar in terms of setting new standards in retirement living."

Staff and residents at the £45 million Buckshaw Retirement Village at Chorley in Lancashire are celebrating the news that it has been judged the best care village in the UK.

Developed by Oakbridge Retirement Villages (a joint development between Caddick Developments Limited and HICA), Buckshaw beat two other retirement villages in the national finals to gain the top award in the prestigious Pinders Healthcare Design Awards.

The news is also cause for celebration for the Alzheimer's Society – as the retirement village's nominated charity, the Society has already received £500 after Buckshaw gained a finalist placing and now receives a further £1500 prize following Buckshaw's success in the national finals.

Representatives of Oakbridge Retirement Villages and its architects, DLA, collected the award at a luncheon and presentation held at Lords cricket ground in London.

Jon Chapman, a Director of Pinders, said: "All three villages which reached the finals were very good but the judges felt that Buckshaw Retirement Village stood out significantly from the others. The concept and layout of the village works extremely well and is very impressive."

We are delighted to announce completion of the latest new development at Knowsley Business Park, Merseyside. The new development known at Penrhyn Court comprises around 87,000 sq.ft. of high quality light industrial units. There are 10 units in total ranging from 5,700 sq.ft. up to 24,300 sq.ft.

The units are available for sale or to let on competitive terms. The units also achieve a very good "BREEAM" rating and are highly sustainable with such features as ground source heat pumps.

This is the latest phase at Knowsley over the last 10 or so years which has seen over 1m sq.ft. of new space delivered by Caddick Developments and Caddick Construction.

The project has been part funded by the European Regional Development Fund.

For further information contact Myles Hartley at Caddick Developments on 01937 548400 or the joint agents, CBRE (John Thorn) 0151 227 4611 or GVA Grimley (Andrew Pexton) 08709 9008900

Caddick Developments have just completed further units at Gateway West, Newburn, Riverside - one of Newcastle's largest current speculative mixed-use development schemes.

With little speculative development taking place elsewhere, completion of the scheme, owned by fund manager CB Richard Ellis Investors, is well timed, with the units designed to provide high-specification, BREEAM excellent rated space. The units have direct access to the A1 from the business park.

The industrial element comprises 12 high quality buildings ranging in size from 6,000 sq.ft. to 50,000 sq.ft. Caddick Developments is building 180,000 sq.ft. of industrial space at Gateway West and 52,000 sq.ft. of offices this year. GVA Grimley and Sanderson Weatherall are marketing the mixed-use scheme.

Myles Hartley, director of Caddick Developments is delighted with the completed units, saying: "The west of Newcastle is an ideal location for industrial units. Easy, direct access to the A1, a well-known address and units which exceed the expectations of the most demanding companies give Gateway West the edge in the region. We will complete the remaining seven industrial units and the office accommodation in May this year".

The newly-completed units all have integral offices, electric loading doors and minimum 7m internal eaves height (10m height for the 50,000 sq. ft. one). They are an ideal solution for distribution/warehouse or light industrial occupiers.

Newburn Riverside is an established, popular business park, with a deli/cafe, crèche and a regular bus service to various destinations, including Newcastle city centre. A £15m four-star hotel is to be constructed at the entrance.

Key occupiers include One North East, Defra, North East Ambulance Trust, Stannah Stairlifts, MacFarlane Packaging and Northumberland and Tyne and Wear Strategic Health Authority.

James Pain of Sanderson Weatherall said: "The excellent BREEAM rating of Gateway West's'industrial units are an important guide to the long-term sustainability of these well-located buildings".

The five units are 50,284sq.ft (4,672sq.m.), 25,142sq.ft. (2,336sq.m.), 16,287sq.ft (1,513sq.m.), 17,127sq.ft (1,591sq.m.) and 10,013sq.ft (930sq.m.).

For further details contact Myles Hartley on 01937 548400.