Chancerygate let former data centre in Darlington

Leading industrial developer and asset manager, Chancerygate, has let a 23,481 sq ft warehouse on Yarm Road Industrial Estate in Darlington. Thermoplastics business, Thysis Technical Mouldings Limited are set to occupy the entire unit having committed to a 10-year lease. The thermoplastics business has an existing production facility in York and this additional property is ideally located close to one of their key customers. The former data centre was acquired by Chancerygate in early 2018 as part of a deal to purchase a number of EE data centres across the UK and subsequently, the developer undertook the comprehensive refurbishment of the building which benefits from a secure yard with car parking and good access to the A1 (M), A66 and A19.

Terry Goodwin, Managing Director at Thysis commented: “Further to Chancerygate carrying out an excellent refurbishment, the location and layout of the property is ideally suited to fulfill our future plans.’’

David Tyson, Asset Manager at Chancerygate said: “We are pleased to be able to meet the requirements Thysis Technical Mouldings had to take an additional unit in the area and to have attracted a new employer to Darlington. The former data centre was the most recent asset we acquired from EE and with CPNE identifying a suitable tenant early on, the property’s void period has been relatively short.”

Jonathan Simpson of Connect Property North East Ltd acted on behalf of Chancerygate. Thysis were represented by Crombie Wilkinson.

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