RETAIL premises created as part of the regeneration of Bedale have been put on the market.

The units, on the site of the Bridge Street redevelopment, are up for sale, fully completed and let to existing tenants.

The site was redeveloped as part of regeneration work by a partnership that included Yorkshire Forward, Hambleton District Council and Harrogatebased Amicon (Europe) Ltd, the current owner of the retail units.

Amicon secured longtermtenancies fromBedale Flooring and Cake Dreams, two local businesses which have flourished on the site.

Bedale Flooring, run by David Robson, was established in June 2014 and has already opened a second outlet in Northallerton, with the business about to take on its fourth member of directly-employed staff.

A further five jobs are sustained by Bedale Flooring, due to fitting contracts for the company’s domestic and commercial client base.

Cake Dreams was started as a cupcake baking business from Jo Williams’ home and now designs and bakes bespoke cakes for all occasions. Branching out into the Bridge Street premises has allowed Jo to expand the business and offer a range of cake decorating workshops as well as host cupcake decorating parties. Jo has recently been approached by leading US firm Wilton to become an accredited Wilton trainer who will offer certification programmes.

Property consultant Connect Property North East (CPNE) has been instructed to manage the sale. The retail property provides 260.3sq.m of floor area across three units, with an asking price in the region of £400,000. The site has a long leasehold of 999 years, which started in 2010.

“The regeneration of this site, including other adjoining retail units and accommodation, has been a huge success for the area,”

said Peter Stanford, Managing Director of Amicon (Europe) Ltd.

“David and Jo have both signed long-term leases for their businesses and have thrived from this location, just off the Market Place, building local client bases that have expanded and allowed them to diversify.

“The opportunity is now there for someone to invest in these sites, knowing that the work of getting them occupied and profitable has been done. Gross yields on the asking price are in the region of 9.6 per cent, so it’s a great investment that will help to support the town and the tenants.

“All of the investment that has gone into this has come from Yorkshire, so it’s a real success story for the region and for Bedale.”

All enquiries regarding the sale should be directed to Andrew Wilkinson at Connect Property North East by emailing andrew@ cpne.co.uk or calling 01642 602001.