Sanderson Weatherall in Newcastle and the North East

Telephone:

0191 261 2681

Address:

22-24 Grey Street, Newcastle upon Tyne, NE1 6AD

With roots in the property sector tracing back to 1858, Sandersons joined with Weatheralls of Leeds in 2003 to become one of the regions biggest players in the commercial property market.

Located on Newcastle's iconic Grey Street in the heart of the new town, our experienced teams of Chartered Surveyors provide first class property services across the region making Sanderson Weatherall a by-word for property excellence both in the North East and throughout the nation.

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Agency team named as the most active in the North East

We are pleased to announce that we have been named the most active commercial property agency in the North East by Estates Gazette, in what is widely regarded as one of the top accolades for real estate agents In the past year, our North East agency teams have let or sold a total of over 1.8 million sq ft of commercial, retail and industrial space across the region. Our Newcastle and Teesside offices have been awarded the title for transactions they completed between January 1 and December 31, 2016.

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A look ahead at the North East leisure industry

2016 was an incredibly busy year for the commercial property market in the North East and the leisure market was no different, with a number of new restaurants, bars and retailers opening across the region. With 2017 promising to be just as exciting, our North East property experts have once again teamed up with Sintons Law to help create the annual leisure supplement published in the Journal. 

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Newcastle Offices Market Update Q4 2016

The Newcastle office market tabled total take-up of 181,210 sq ft in the final quarter of 2016. The Newcastle office market recorded total take-up of 98,733 sq ft across 21 deals in Q4 of 2016. This was compared to only 38,055 sq ft of take-up in the third quarter of 2016. The largest city centre deals of the quarter saw Gateshead Council take 19,543 sq ft at Baltic Business Park and Regus take 12,785 sq ft at Cale Cross House, Newcastle Quayside. Out of town take-up totalled 82,477 sq ft in Q4 of 2016 with True Potential acquiring 10,444 sq ft at Newburn House in one of the largest deals of the quarter.

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Growth in the out of town Newcastle leisure market

Kevin McGorie and Mark Convery from our North East agency team comment on the changing tastes in the North East leisure market and the increase in popularity of the out of town leisure market. The past two to three years has witnessed a steady increase in the out of town leisure market, driven by social and economic factors and the changing tastes and requirements of customers. The active expansion of out of town retail parks has seen has seen units that were formerly restricted to the Metro Centre or city centres taking up retail space beyond the borders, and with it shoppers have flocked to these new stores.

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Grade A office space available in one of Newcastle's premier office buildings

We have been appointed as joint office agents on two floors in One Trinity Gardens. One Trinity Gardens is one of the North East’s most desirable office buildings, offering Grade A offices in an outstanding setting with a full height atrium giving a great sense of arrival. Working on the Quayside provides you with a wide range of amenities including hotels, restaurants and bars, as well as being just a short walk from Newcastle City Centre. The building itself includes a stunning entrance with full height central glazed atrium set behind a distinctive garden feature with a central sculpture. The fully fitted self-contained offices also provide access to a terrace on the 6th floor that boasts panoramic views of the city.

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North East's most active agent

At the end of last week our agency team was named the most active commercial property agent in the North East by Estates Gazette. In the past year, our agency teams have let or sold a total of over 2.5 million sq ft of commercial, retail and industrial space across the region.

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Newcastle team strengthened with three new appointments

To accommodate our increasing number of clients in the North East and beyond, we have strengthened our Newcastle team with three new appointments across our agency, building consultancy and asset management departments.

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The North East Property Sector - G9 sentiment survey 2017

Contact us for a copy of the full survey Challenges Ahead The challenges for the North East are clear says G9, with the debate now daily, the outcome of which can only be guessed at. For the region, in the wings is regional devolution with still no clear path ahead and of course there is Brexit, the negotiations for which have hardly started. There is some uncertainty as a result for a region that has a high level of exports, indeed the only UK region with a positive trade balance as a result.

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March Deals Update

With deals completed across a number of sectors in February, we have continued our good start to the year. Here is a summary of our recent deals and instructions from across our office network. Our Manchester agency team have finalised a number of deals across a variety of sectors in the region. Acting on behalf of corporate finance advisors, Duff and Phelps we sold a freehold residential investment in Liverpool in excess of the asking price. The team were also instrumental in the sale of a residential development site in Tintwistle and a 13,000 sq ft office space in Preston. In the North East our Teesside agency team closed a deal on a 5,210 sq ft unit at Durham Lane Industrial Park within just one week of the property going on the market. Our North East retail agency team have recently been appointed as letting agents on 37 units at Hebburn Shopping Centre, a site which is currently undergoing a £2.4million refurbishment.

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Contact

Location

22-24 Grey Street
Newcastle upon Tyne
NE1 6AD

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