A historic building that has been central to the iron and steel industry in Teesside throughout the decades has been reopened after a £1.5m regeneration project.

Cargo Fleet Offices, which was formerly the headquarters of British Steel Teesside, has been transformed back to its original, prestige condition by commercial developer Python Properties.

The building was reopened yesterday (June 8th) by Teesside University Vice-Chancellor, Professor Graham Henderson CBE at the official launch event, which approximately 250 business professionals, political and regeneration figures from the region attended.

Master of ceremonies for the reopening was BBC Tees breakfast show presenter Alastair Brownlee and keynote speakers included professor Henderson and James Ramsbotham, Chief Executive of North East Chamber of Commerce.

Middlesbrough-based Python Properties has worked meticulously to restore the three-storey Edwardian building, which was originally built by Cargo Fleet Iron Company in 1916 and has stood empty and derelict for more than eight years. The renowned building has been transformed into elegant business and office space for local businesses and SMEs.

Peter Broome, Python Properties partner, said: “This is our sixth regeneration project and our most exciting to date. It has been an incredible honour to transform such an iconic and visually stunning building.

“We have been overwhelmed by the amount of support we have received from people in the region, who have a link to the building and want to share their stories. This is a real testament to how central the building has been to Teesside’s industrial heritage.

“The redevelopment has been described as a beacon project, which will not only restore the building to its former glory but will also inspire and help to regenerate the surrounding communities.”

Python Properties, assisted by Tees Valley Unlimited, secured grant funding for the restoration project from the Single Program fund of One North East and commercial funding from Santander Bank.

Martin Johnson, partner at Python Properties, said: “Since work began on site six months ago the building has actually appeared to decrease in age. The external work has included cleaning of brick work, installation of new windows and roof. Whilst the interior has been refurbished in the same Edwardian style and we have retained and restored original features where possible.

“More than 3,000sq ft of office space has already been assigned to tenants and we are continuously receiving enquires from businesses wanting to let space. We believe the building will be a very special and unique place to work.”

Committed to celebrating the building’s industrial heritage, the commercial developer has created a Heritage Gallery which is positioned on the ground floor. The gallery will hold regular exhibitions exploring the history of ironworks, steelworks, ship-building and bridge-building in the Teesside area.

Within the building there is also an on-site bistro catering for the centre and the office tenants of the building, plus 200 secure car parking spaces, a manned reception and conference facilities.

Rents for the brand new office space will start at just £8.50sqft,

For further information about the Cargo Fleet or to share your story about the building please contact Python Properties on 01642 225100 or visit


     One of the points that were of main interest to us was the fact that we could plan the workspace and Martin & Peter really helped us through the process of planning the office. Since moving in we have been very impressed with their responsive and very proactive of working with us, if we have had any problems they have dealt with them straight away. They have monthly meetings where we meet up with all of the other tenants in the building and we talk through the issues we may have

Steve Taggart (North West Regional Manager)
Kinetic plc, Warrington (Current tenants, Bank Quay House)

Testimonial Videos
Python Concepts
Python Tenants