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Company to invest £1.5m into Barrow property

Published on: Thursday 7th January 2016
Categorised under: Live , Barrow, Investment, Property

A new company will invest £1.5 million into Barrow properties to meet the demand for short-term housing in the area.

Property development company Blake Henderson has been created by Northamptonshire-based building contractor Andi Cooke in response to high levels of investment in Barrow and the surrounding area by the likes of BAE Systems and GSK.

Mr Cooke will work with estate agent Corrie and Co, a partner of Choose South Cumbria, to transform empty houses and commercial buildings into, initially, single occupancy rooms.

He said: “We’ve budgeted for a £1.5 million investment which will all go into the local supply chain as we use local tradesmen in the refurbishments and architects for the design.

“Corrie and Co will reach out to businesses in the area who have a real need for accommodation.”

Mr Cooke also believes that the properties could be converted into flats in the future for people to move into on long-term basis.

He said: “They’ll be sympathetic developments with a design layout that will help the buildings be easily converted into flats if the demand for individual rooms falls.

“We’ve put together a long-term 10 year plan for the business in the North West.”

The first rooms will be available by mid-February and will feature a number of high tech developments, including smart key technology and intelligent lighting systems.