What Oakgate Group does

Oakgate Group is a UK-based real estate investment and development firm founded in 1995 and headquartered in Wetherby, operating as a subsidiary of the Caddick Group. The firm acquires sites, secures planning permissions, develops properties, and either sells to end buyers or retains them as part of an investment portfolio. Its core products are individual development projects spanning residential conversions and new-build homes (Mount Royal, St George's Terrace), mixed-use city centre schemes (Stonebow House), large retail parks (Vangarde Shopping Park at 339,000 sq. ft), business and employment parks (Fulford & Naburn at 61 acres), and commercial lettings (Tenter Street in Rotherham).

Revenue is generated through a combination of one-time property sales (residential units and commercial freeholds) and recurring rental income from commercial tenants. Reported scale includes a £2.7 billion Gross Development Value pipeline, an 8,000+ home residential pipeline, and over 25 years of operating history. Anchor commercial tenants include Marks & Spencer, Next, JD Sports Gyms, Nando's, Prezzo, Costa Coffee, and Specsavers. The firm holds BREEAM Outstanding certification at Vangarde (a global first for a department store) and pursues BREEAM Excellent across the wider development.

The company runs a sales-led go-to-market, distributing properties directly to end buyers and commercial tenants via its website and direct engagement. Operating geographies centre on the Midlands and Northern England, with a concentration in York, North Yorkshire, South Yorkshire, and Rotherham. The team is small (1-10 core staff), with key personnel including Managing Director Richard France (nearly five decades of industry experience), Senior Development Surveyor Hollie Shackleton, and PA Sarah Palfreeman. The underlying technology is not a focus; competitive advantage rests on local market knowledge, planning expertise in heritage-sensitive settings, and the financial backing of the Caddick Group.

Name

Oakgate Group

Legal name

Oakgate Group Ltd

Website

https://oakgategroup.co.uk

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Oakgate Group is a UK-based real estate investment and development firm, subsidiary of Caddick Group, that develops mixed-use, residential, and commercial properties primarily across the Midlands and Northern England, with a £2.7 billion GDV pipeline and 8,000+ homes in planning.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Rental and Leasing Services (532), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Property Management Advisory & Leasing Administration (FSAEAJAN), Office Property Management (BPAJAGAA)

Keywords

• Property development
• Commercial real estate
• Residential development
• Mixed-use developments
• Real estate investment

Headquarters

HQ city

Wetherby

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Property Development Sales: Oakgate Group generates revenue through developing residential and commercial properties and selling them to end buyers. For example, all 17 luxury apartments at Stonebow House have been sold, achieving some of the highest values in the area.
2. Commercial Property Rental: The company generates rental income from commercial tenants in its retail, leisure, and office developments. Properties include shopping parks, business parks, and individual commercial units leased to retailers, restaurants, and fitness operators.
3. Development Management: The company combines finance, development and asset management with local knowledge to deliver mixed-use schemes. Revenue is derived from the gross development value (GDV) of the pipeline.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Oakgate Group acquires, plans, develops, and manages commercial and residential real estate schemes across the Midlands and Northern England. Its portfolio spans mixed-use city centre developments (e.g. Stonebow House), large retail parks (Vangarde), business and employment parks (Fulford & Naburn), residential conversions of historic buildings (Mount Royal), and commercial lettings (Tenter Street). Revenue is generated through property sales, commercial rentals, and ongoing asset management.

Product overview

Oakgate Group operates as a property development company offering a portfolio of residential and commercial development projects across the Midlands and North of England. The company's product portfolio consists of individual development projects, including residential conversions and new-build homes (Mount Royal, St George's Terrace), mixed-use city centre developments (Stonebow House), large-scale retail parks (Vangarde Shopping Park), business and employment parks (Fulford & Naburn), and commercial lettings (Tenter Street). Each project is developed, managed, and either sold, let, or retained as part of the company's investment portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Mount Royal A residential development in York involving the conversion and restoration of the historic Grade II listed Mount Royale Hotel buildings into two grand family homes (Daresbury and Beech Villas), plus two new dwellings in the walled grounds. Targeted at individual residential buyers seeking premium heritage homes.
• St George's Terrace A residential regeneration project in York converting the former Tramways Working Men's Club into 35 new homes, with improvements to the adjacent park containing Dick Turpin's grave. Targeted at individual residential buyers and families.
• Fulford & Naburn A 61-acre business and employment park in Fulford near York, proposed to include 270,000 sq. ft of office space, an innovation centre, restaurants, a children's nursery, a gym, and Park & Ride improvements. Targeted at commercial and office tenants seeking workspace in the York area.
• Stonebow House A completed mixed-use redevelopment in York city centre featuring 17 luxury apartments (including 4 penthouses) and 31,500 sq. ft of retail and leisure space. Combines residential sales with commercial lettings to retailers, restaurants, and operators such as Co-operative Food, Roxy's Ballroom, and myDentist.
• Vangarde Shopping Park A 339,000 sq. ft retail development in York featuring the region's largest Marks & Spencer department store, Next (30,000 sq. ft), eight restaurants, and 1,340 free car parking spaces. Tenants include M&S, Next, Nando's, Prezzo, Costa Coffee, Giraffe, Estabulo, and Specsavers. Targeted BREEAM Excellent across the park; one anchor store achieved BREEAM Outstanding in 2014.
• Tenter Street A 31,000 sq. ft commercial development in Rotherham, South Yorkshire, currently fully let to JD Sports Gyms on a 15-year lease, housing one of the largest state-of-the-art budget gyms in the UK.

Quantifiable outcome

• BREEAM Outstanding certification - first department store in the world to achieve this rating
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Caddick GroupcoreOthersOakgate Group is a subsidiary of Caddick Group, formed in 1995. The relationship provides Oakgate with access to the full resources of the Caddick Group, including finance, development capabilities, and asset management expertise. Richard France founded Oakgate with Paul Caddick and John Grantham.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Peel Group (Peel L&P): Large North-West England-focused real estate, infrastructure, and investment group with mixed-use and regeneration projects. Comparable regional focus on Northern UK large-scale mixed-use developments.
• Hammerson: Major UK-listed owner, operator, and developer of prime retail and leisure destinations. Comparable for shopping-park operations (Vangarde) and retail tenant mix, though operates at much larger national scale.

Regional players

• Helical: London-focused property developer and investor with mixed-use office and residential projects. Comparable mixed-use development model, though primarily serves London/South East markets rather than the Midlands and North where Oakgate operates.

Emerging players

• Ask Real Estate: Manchester-based property development and investment manager focused on mixed-use and commercial schemes in the North. Overlaps with Oakgate in regional mixed-use development, though smaller and earlier-stage.

Others

• Caddick Group: Parent company of Oakgate Group; provides development, construction, and asset management resources. Comparable as the parent group whose capabilities underpin Oakgate's project delivery.

Direct peers

• Henry Boot: Sheffield-based property investment and development group with land promotion and commercial development operations across the North of England. Comparable regional developer with similar mixed residential/commercial focus and Northern UK exposure.
• Town Centre Securities: Leeds-headquartered property investment and development company with a portfolio spanning offices, retail, leisure, and residential across Yorkshire. Comparable as a Northern UK-focused, mixed-use regional developer.
• Muse Developments: Manchester-based mixed-use developer focused on regeneration schemes across the North of England and Midlands. Comparable as a regional mixed-use developer delivering residential, commercial, and community assets.
• Scarborough Group International: Yorkshire-rooted property investment and development firm operating across mixed-use, residential, and commercial assets in the Midlands and North of England. Highly comparable to Oakgate in regional focus, asset mix, and project scale.
• Harworth Group: Northern England-focused land regeneration and property developer, creating mixed-use residential and commercial developments from brownfield sites. Comparable as a regionally anchored developer with substantial residential and commercial pipelines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/oakgate-group

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oakgate Group