Search
  • Richard Fisk

Hambleton District Council Forward Fund Northallerton Treadmills Phase One

Central Northallerton Development Company Ltd (CNDCL), a joint venture between Hambleton District Council (HDC) & Wykeland Group, are developing the old prison site in central Northallerton with Phase One comprising three retail units two of which are pre-let to Lidl and Iceland. HDC have subsequently agreed to Forward Fund Phase One and will be investing some £9,350,000 over the construction period. The blended return to HDC will be in the region of 4.6% net of costs. HDC will benefit from long and secure rental income from Lidl and Iceland.


Richard Fisk of Pudney Shuttleworth advised HDC on the Forward Funding transaction.


37 views

Recent Posts

See All

© 2019 Pudney Shuttleworth Ltd, 31 Park Square West, Leeds, LS1 2PF 

Tel: 0113 203 1130 - DISCLAIMER