The period for submitting petitions against the additional provisions to the High Speed Two (HS2) Hybrid Bill closed on 14 August 2015. Current estimates are that the Bill is likely to be formally approved in late Autumn 2016, and therefore the Powers of Compulsory Acquisition are unlikely to be implemented until early 2017.
Expert input from our valuation team is helping to secure finance for developing the site containing the Emirates Durham International Cricket Ground.
Newcastle-based partner David Downing provided a valuation of the Chester-le-Street site housing the North-East’s leading cricket stadium for Durham County Cricket Club Holdings (DCCH). This assumed the organisation’s plans to install additions such as a hotel and conference centre over the next two years would come to fruition.
Specialist waste disposal company, Oates Environmental, has moved to a new site in Leeds after seeing significant company growth in the past 12 months.
The letting was successfully completed by our Leeds agency team.
Well, the UK’s largest independent pharmacy business, has re-appointed us to provide advice on its 165 northern branches.
Manchester-based Well, formerly known as The Co-operative Pharmacy, has renewed the relationship, that began six years ago.
A healthy quarter saw city centre take up at 213,126 sq ft across 40 deals, leaving H1 2015 standing at a promising 300,815 sq ft, compared to 243,987 sq ft at the half way point last year.
We have been appointed to bring a new café-bar/restaurant venture to the award-winning Royal Quays Marina, North Shields.
The unique 1,863 sq ft proposed development has full planning consent and is situated in the Albert Edward Dock, in an area considered by many to be the North East’s finest boating location. The building is attractively designed with the aim of bringing a high-quality café-bar/restaurant operator to the area, and the development also includes an extensive outdoor seating area.