Ward Investments acquires Durham retail parade for £3.55m

Ward Investments has acquired 1–7 North Road in Durham city centre for £3.55m, adding a prominent retail asset to its growing portfolio.

The 23,000 sq ft parade sits opposite the Riverwalk Shopping Centre and includes occupiers such as Sainsbury’s, Greggs, Hays Travel and Bank of Scotland. The property also offers opportunities to explore alternative uses for the upper floors as part of the Group’s active approach to asset management.

The acquisition further diversified Ward Investments’ portfolio across retail, industrial, office, leisure and student accommodation.