Portrack Lane, Stockton on TeesProperty:Greenfield
Claymore Role:Planning & Development, Land Promotion, Transaction (Sale)
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Claymore was appointed by a US Private Equity Debt Investor (and Administrator) in April 2016 to assemble full details on this site, which had been in receivership for c 5 years and then to appraise its potential.
Following extensive analysis and reporting, Claymore was appointed to prepare the site for sale to commercial / industrial developers, which included the collation and commissioning of ground and utility services and clarification of legal title.
A sale was achieved to a national industrial developer in in August 2017 for £1.8m.