Latest News

Route confirmed for second phase of HS2

Published on: 18th August 2017 Last month the Government confirmed the route for phase 2b of HS2. The Western leg of phase 2b is set to run between Crewe and Manchester and the Eastern leg between the West Midlands and Leeds. You can click here to view the route map from Crewe to Manchester and here to view the route map from the West Midlands to Leeds.

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Rates relief process plagued by delays

Published on: 17th August 2017 The Government has recently intervened in an attempt to speed up business rates relief to thousands of small businesses across the country that have been adversely affected. Despite being promised millions of pounds of support in March’s Budget, many firms who lost small business rates relief as a consequence of the 2017 revaluation are still waiting for their bills to be adjusted and relief to be applied. During the 2017 revaluation the majority of businesses saw little change to their bills but it is estimated that there were nearly 25,000 small companies that lost their entitlement to small business rates relief and faced rates rises of up to 3,000%.

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Buccleuch Property secures sale for final plot on the former Tyne Tees TV site

Published on: 16th August 2017 UK property investor and developer, Buccleuch Property has sold a 0.57 acre site, the last remaining plot on the City Road site in Newcastle city centre for £1.7m. The site was sold to JEDS Investments. Our Newcastle agency team acted on behalf of Buccleuch Property, who purchased the former Tyne Tees TV site in 2007 and over the past ten years has released other plots from the overall 1.7 acre site for development by U Student and The Home Group.

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Successful Appeal in North York Moors National Park

Published on: 15th August 2017 Our planning team recently obtained planning permission at appeal for a log cabin development in the North York Moors National Park on behalf of a private client. Prior to our involvement, the original application had been refused principally because of the sensitive landscape in which the site lies; the closest settlement to the site is Stainondale village. We were initially asked by our client to advise on whether a potential appeal would be successful. Following positive feedback, we were appointed to submit an appeal.

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Former mill complex sold to ATZ Developments

Published on: 14th August 2017 ATZ Developments, a Yorkshire based development company, has purchased a 60,000sq ft multi-let mill complex in Batley, West Yorkshire. Hickwell Mills, which comprises of 16 units and is currently let to a total of eight tenants, was sold to ATZ developments by Leeds-based property consultancy Sanderson Weatherall.

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Why co-working isn't just for the technology, media and telecommunications (TMT) market

Published on: 11th August 2017 Co-working and serviced office working is an ever-growing trend within the UK office market with co-working space providers accounting for the largest share of office space let in London in the first half of this year, over 880,000sq ft of newly leased office space. But what exactly are serviced and co-working offices? In simple terms, the concept revolves around an office environment, where employees, not all working for the same employer, work under one roof in a shared office environment. Despite being successfully implemented within the TMT sector and by start-ups across the country for a number of years, why is it that co-working and serviced office spaces are suddenly growing in popularity among major corporate companies? We analyse the three driving factors behind the popularity growth; technology, talent and teamwork.

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CeX Ltd move into store on one Newcastle’s most popular retail streets

Published on: 10th August 2017 Leading European electronics store, CeX, has taken 1,377 sq ft of space on Northumberland Street, a major shopping street in the city of Newcastle upon Tyne. The national retail chain specialises in the buying and selling of DVDs, video games and digital devices, and have 350 stores around the UK. They have acquired the Northumberland Street unit on a 10-year lease, and following completion of their impressive fit out, are now open for business.

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Request for offers on former police station with development potential in Blyth

Published on: 9th August 2017 A Grade II Listed building, located in Blyth, Northumberland has gone on the market with offers invited no later than 12 noon on Thursday 12th October 2017. Blyth is a bustling port town on the coast in Northumberland, roughly 12 miles Northeast of Newcastle.

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August Deals Update

Published on: 7th August 2017 In Birmingham, our agency team let a 8,800 sq ft unit on Upper Gough Street in Birmingham City Centre to Vanti, an internationally award-winning technology systems integrator. At the start of July we published our summer 2017 commercial property update for Bristol, the report provides an update on Bristol’s office, industrial and retail sectors detailing key market and transaction data as well as summarising major projects. You can view the full report by clicking here. 

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