Property

Middleton Enterprises acquires and manages a range of property investments. These include commercial buildings, residential property trading and chalets in the French Alps.

Review of 2014/15

The property portfolio was consolidated in 2014/15 as some non-core investments were sold. An apartment in Notting Hill was sold as prices in central London reached all-time highs. A portfolio of ground rent investments was disposed of as a good offer was received from an institutional buyer.

The office and industrial buildings remain fully occupied and generate a strong yield. Capital valuations for commercial property in the North East remain low.

We are currently acquiring residential property throughout the UK. We are seeking blocks of apartments and residential portfolios that are for sale for up to £2m.

Bede House

Consists of 24,727 sq ft of high specification office space, situated on Belmont Business Park near to Durham City. Occupants include the NHS, Jordon Valley Semiconductors and Wind Prospect Group.

Quayside House

A modern office building at Wylam Wharf, Sunderland, with panoramic views of the River Wear. The 4 story building accommodates several local businesses.

Cortonwood Drive

Warehouse and office space occupying 54,352 sq ft in a popular retail and business park near Barnsley. The building is a manufacturing centre for Forbo Flooring Systems.

Brunel Street

An extensive industrial unit on Scotswood Road, Newcastle. The building is occupied by Speedy Hire.

New York Way

Detached industrial building in North Tyneside. The 10,011 sq ft property is occupied by CMR Group.

French Alps

The company owns a number of chalets and apartments in the French ski resorts of Courchevel, La Tania and Valmeinier.