Redcar MP Ian Swales Inspects Progress of Cargo Fleet Regeneration Project

Redcar MP Ian Swales Inspects Progress of Cargo Fleet Regeneration Project

Redcar MP Ian Swales has praised the work of developers having inspected the ongoing £1.5m regeneration project of the iconic Cargo Fleet Building.

Mr Swales was taken on a tour of the Edwardian building, which was formerly the headquarters of British Steel Teesside and then subsequently Redcar and Cleveland Council, by commercial developers Python Properties.

The building is currently being transformed into office and business space by the property firm after standing empty and derelict for more than eight years.

The tour included inspecting the progress on the new reception area, gallery and bistro along with the work already completed such as the exterior brickwork, painting, new windows and roof on the right-side of the building.

Mr Swales, said: “I am really impressed with this development. Python has a real eye for restoration and it's great to meet people who are so enthusiastic about our heritage. The area is about to get some excellent, light airy offices in a beautiful building with loads of parking. I am sure that these offices and the planned landscaping will lead the regeneration of the South Bank, Cargo Fleet area.”

The restoration project will to be complete in April and will include creating 40,000 sq ft of business and office space, ideal for local businesses and SMEs.

Martin Johnson, Python Properties partner, said: “We really appreciate Ian Swales taking the time to come and inspect our progress so far on restoring the building. He clearly understands our enthusiasm and desire to help connect people to Teesside’s heritage in the steel and iron industry.

A Heritage Gallery, celebrating the history of ironworks, steelmaking, ship and bridge building in this area, will be situated in the building as well as an on-site bistro.

Reservations are now being taken and flexible lease terms, including break clauses and rent free periods, are available. Bespoke office suites can be created within the property, ranging in size from 250 sq ft to 12,000 sq ft.

Rents for the Cargo Fleet Building are highly competitive at £8.50 sq ft, with a service charge of £2 sq ft. This includes a manned reception, use of the Heritage Gallery for events, conference room facilities and a secure 200 space car park.

 
 
 

     Good quality accommodation at affordable prices. Python are leading this charge at the centre of town. Martin & Peter really do represent the best ends of the Landlords that are available in the Tees Valley they really have the Tees Valley and its interests at heart. I think they are real future thinkers about the way they think about developing a certain property in the town

Mark Elliott (Director)
DigitalCity, Middlesbrough

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