Latest News

Newcastle property management team attend time capsule burial event at Newgate Centre site

Published on: 12th May 2017 Representatives from our Newcastle property management team recently attended an event to commemorate the city reaching the milestone of 800 years with a mayor. The event was held at the Newgate Centre, a landmark £100million regeneration project in Newcastle City Centre, being undertaken by our management clients, McAleer and Rushe. At the event Newcastle Lord Mayor Hazel Stephenson and Councillor Ged Bell buried a time capsule that will not be opened for another 80 years. The capsule contains a number of objects aiming to give an insight into Newcastle city life in 2017 and includes a Royal Mint coin set and a Newcastle United scarf, following their promotion to the premier league.

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Three new shareholders announced

Published on: 11th May 2017 We are delighted to announce the appointment of three new shareholding partners.  Christian Humphreys, Matthew Lawrence and Mark Sheridan have recently become shareholders, bringing our total number of shareholders to 28. Christian Humphreys, head of our asset based lending team, joined us in 2011 to establish our national ABL valuation and advisory department. Christian specialises in providing detailed asset valuations, surveys and portfolio management to asset based lenders, corporate financiers and equity providers.

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Modern workshop to let in All Saints Industrial Estate, County Durham

Published on: 11th May 2017 A 7,181 sq ft modern industrial unit with large outdoor space, located in Shildon’s All Saints Industrial Estate, County Durham, is now available to let. The All Saints Industrial Estate is an established commercial location, primely located with Newton Aycliffe four miles away, the A1 just five miles away and Darlington within ten miles of the industrial park. The unit comprises a large modern workshop, with a number of associated offices, stores, mezzanine storage and kitchen and WC facilities.

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Bristol team bolstered by new appointment

Published on: 9th May 2017 We are pleased to announce the appointment of Chris Howell as an associate partner in our Bristol office in Queen Square. Chris has 17 years’ post qualification experience and joins us following eight years as associate director in JLL’s property and asset management team, and seven years as office agent at King Sturge LLP. Commenting on his appointment, Chris said, “I am delighted to be joining Sanderson Weatherall and look forward to developing both property management and agency services in the South-West. Following the recent appointment of investment agent David Ferris, there’s no doubt that it is an exciting time to be joining the team.”

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Newcastle Offices Market Update Q1 2017

Published on: 8th May 2017   The Newcastle office market tabled total take-up of 210,502 sq ft in the first quarter of 2017. In the city centre there were eight deals with a total take up of 33,461 sq. ft, broadly similar to Quarter 1 2016 with the most significant letting being Frank Recruitment Group acquiring 19,200 sq. ft in the St Nicholas Building. In the out of town market take up was over double the previous quarter at 177,041 sq. ft across 39 transactions. The principle transactions were Durham Police purchasing 33,600 sq. ft at Doxford Business Park and Barratt Homes purchasing 20,000 sq. ft at Metro Riverside. At the two major out of town parks we saw existing occupiers acquire additional space, as evidenced at Quorum Business Park with Insure the Box at 13,000 sq. ft and Macaw Engineering at 7,089 sq. ft. Furthermore at Cobalt Accenture acquired an additional 11,604 sq. ft.

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May Deals Update

Published on: 8th May 2017 At the start of May, we published our annual review, a look through some of our project highlights during from the past year. Click here to view our annual review. In the North East we have a number of new instructions now on the market in a range of property sectors. We have a number of brand new industrial and office units available at Hownsgill Industrial Park, a well-established commercial area in Consett, County Durham. We have a further industrial unit available in Tyne Tunnel Trading Estate, North Shields, the large 22,775 sq ft is now available to let by way of a sub-lease. A unique city centre restaurant/leisure opportunity has come on the market on Nelson Street in Newcastle city centre. The listed building forms part of the historic Grainger Market and comprises a leisure unit and office space.

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Fundraising begins for SW's annual charity cycle

Published on: 5th May 2017 The annual cycle ride has become something of an institution at Sanderson Weatherall, having taken place for numerous years and raising many thousands of pounds for worthy causes. This year, the team of 20 SW property professionals will be riding circa 180miles - from Walney Island (a small island on Cumbria’s Irish Sea coast) to the historic North Yorkshire seaside town of Whitby. The route takes the team across the southern Lake District peninsulas, through the Lune Valley, over the North Pennines and finally up and down the North Yorkshire Moors. Cycling up to 85 miles in a day, the demanding coast-to-coast cycle is challenging in both the distance and the terrain, with exhausting inclines (and scary descents!) scattered throughout. You can read more about the route at - http://cyclingw2w.info/. 

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Leeds office take-up rises in Q1 of 2017

Published on: 26th April 2017 View our Leeds Offices Market Update for Q1 2017. The Leeds office market take-up in Q1 stood at 160,679 sq ft which reflected a 22,055 sq ft increase on the preceding quarter. In Leeds city centre, take-up totalled 104,936 sq ft, across 22 transactions. There were two significant lettings over 20,000 sq ft with the largest city centre transaction being the letting of 25,985 sq ft at 5 Wellington Place to Willis Towers Watson. The other letting of note being BW Legal’s acquisition of 1 Apex View for their sole occupation.

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Prime industrial unit available in North Shields

Published on: 25th April 2017 A 22,775 sq ft industrial unit, located in Tyne Tunnel Trading Estate, North Shields, is now available to let by way of a sublease. Strategically located in the commercial hub of North Tyneside, Tyne Tunnel Trading Estate is an established industrial estate, which is a prime location for businesses thanks to the ease of access to the North East’s major road networks. The property is a modern, high quality detached industrial unit with 20,571 sq ft of warehouse accommodation and 2,204 sq ft of office space.

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