Buccleuch Property have successfully sold a 40,235 sq ft industrial unit to one of the North East’s most beloved brands, Ringtons, famous for supplying tea and coffee to the nation.
A former Royal Mail depot, the unit underwent an extensive dilapidation process and a £500,000 comprehensive refurbishment. The transformation has resulted in high-quality industrial space which meets Ringtons requirements and addresses the under-supplied commercial property market in the North East. This prime location at Balliol Business Park, North Tyneside, is now in 'as-new' condition and offers an excellent, "qualitea" working environment.
We are delighted to have provided this much-needed industrial space and look forward to seeing Ringtons thrive in their new home!
Naylors Gavin Black and Avison Young represented Buccleuch Property in the sale.
