Almscliffe-Dhesi

Region
North East
Type of finance
Loan
Business need
Developing property
Size
SME
Investment
Over £1 million
Almscliffe-Dhesi
Tony Cullen
Tony Cullen
Fund Manager

“We are delighted to secure national names such as Starbucks, Greggs and Dominos which transform this site into a prosperous commercial development.”

Neil Creeney, Director, Almscliffe-Dhesi Group

Leeds-based Almscliffe-Dhesi Group (ADG), established in 2019 by Neil Creeney and Bal Singh, has secured £1.35million investment funding from the North East Property Fund (NEPF).

The funding is being used for the development of a prominent commercial roadside site in Stanley, County Durham. The derelict brownfield site is being transformed into a prominent commercial roadside development, which will include Starbucks, Greggs and Dominos and is bringing 65 new jobs to the area.