Property Development

CMR Estates has an ongoing industrial estate development at Redruth, Cornwall. Development is now almost complete at CMR's 7 acre Parc Erissey Industrial Estate at Redruth which comprises some 38,750 sq. ft in 20 industrial/warehouse units ranging in size from 1,000 sq. ft to 7,500 sq. ft with a blue chip covenant, and a modern coal yard (leased to the Cornish Group subsidiary) and there remains some c.2 acres with planning consent for a further 16,000 sq. ft for further development.

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PARC ERISSEY

TYNDALLS COURT

PORTBURY

Typical of our development projects, was CMR Estates acquisition of a fine example of a late 19th Century semi-detached town house with Bath stone façade in Clifton, Bristol for refurbishment. Tyndalls Court, a 4,250 sq. ft office building was successfully let and sold on to an offshore investment company.

In a joint venture with Bristol & England Properties Ltd., CMR successfully completed the development of the 57,500 sq. ft Portbury Distribution Park situated at junction 19 of the M5 motorway, (close to the Royal Portbury Dock).

The Group's stunning new Spa, Hotel & Woodland Home leisure development at Tregorrick in Cornwall opens on 24th February 2010. Please visit www.thecornwall.co.uk for full details.

 

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