The Bridges, Balliol Business Park
Ashall Homes Ltd, Ashall’s investment arm, acquired a 43,000 sq ft warehouse building constructed in 2000 at the Balliol Business Park near Newcastle upon Tyne.
In 2001 Ashall Homes signed an agreement to lease with Client Logic UK to convert the warehouse into a fitted out Call Centre - a £2.5m project. Client Logic UK signed a 7 year lease in 2002 and entered into a further 10 year lease in 2008.
Client Logic surrendered its lease in 2016.
In September 2017 Ashall Homes signed an agreement to lease with Advanced Electronics Ltd to refurbish the unit, restore it to industrial / warehouse use and increase the office component. Work started on site in October 2017 and practical completion was achieved in June 2018.