Newcastle-based builders merchant closes its original trading centre as part of business plan, which has seen three new flagship outlets open across the region.
JT Dove has handed over the keys to its landmark Orchard Street site in Newcastle to developer Silverlink Holdings Ltd.

The move has allowed the builders merchant, which celebrates its 140th anniversary this year, to open three new multi-million pound outlets in Newburn, Birtley and Stockton - bringing the number of JT Dove outlets across the region to 15.

Silverlink Holdings acquired the freehold of the 10-acre site, which is adjacent to Newcastle Central station, in 2004 and created a detailed plan to regenerate the historical area into a more "vibrant working, living and cultural corner of the city".

The surrender of the lease from JT Dove will enable the developer to carry out important archaeological work in the listed buildings that the builders merchant occupied.

JT Dove's Steve Robinson said: "Whilst this site is part of JT Dove's history and heritage, it was no longer filling the right purpose to enable us to be the competitive and vibrant business we wish to be going forward."

He added: "Through the surrender of our lease, and through a favourable financial deal courtesy of HSBC, we have been able to build three purpose-built retail outlets, catering for builders, plumbers and landscapers in easy-to-access areas."

Silverlink Holdings expect work to commence on site next year. Director the company Michelle Percy said: "JT Dove has continued to play a very valuable role in the city over the last 140 years - not just as a significant employer but also providing a valuable service to the region."