June Deals Update

Published on: 1st June 2018

It was a month of celebration across our offices in May with four new shareholder appointments, three partner appointments and three of our graduates passing their assessment of professional competence to become full members of the Royal Institution of Chartered Surveyors (RICS).

A huge congratulations to Dan Matthews, Josh Peacock and Morigan Wilson who have all recently qualified as Chartered Surveyors. At Sanderson Weatherall, graduates benefit from a comprehensive training programme which includes taking part in mock interviews and advice from external consultants on presentation and interview skills. 

Our planning team has recently advised on the planning application for 25 additional static holiday caravans, which will be able to be sub-let by their owners, at Lido Leisure Park in Knaresbrough, North Yorkshire. They have also helped secure planning permission for 34 static holiday caravans at Home Park Holiday Park, Edithmead, Burnham-on-Sea.

We were delighted to assist with the asset valuation and property work on this project and enable the first new legal whisky distillery to open in the Scottish Borders in almost 200 years.

In the first quarter of the year, office take up in Newcastle city centre totalled 39,194 sq ft, equating to the strongest first quarter in the city centre since 2015. 

With the Summer season almost in full swing the caravan park market is continuing to take full advantage of the strong trading conditions and since the start of the year have already completed on the sale of 10 parks, with a number of others currently under offer. In May the team completed the sale of the charming Wrens of Ryedale caravan park, located near Helmsley, North Yorkshire.

We recently carried out both a building survey and provided the property valuations for the lend on three Yorkshire pubs which have now been returned to family ownership. 

There are also a number of property professionals across our offices gearing up to take part in various charity events. On the 9th June a team from our Bristol office are undertaking the Youth Adventure Trust 10 Peak Challenge that sees them climbing 10 Brecon Beacon peaks in just 10 hours.

Fundraising is also well underway for our annual charity bike ride, which this year sees a team of 20 cycling the demanding 200-mile route from London to Brussels. This year the team are cycling in support of Marie Curie and you can donate by clicking here. 

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New shareholder in our Leeds office

We are pleased to announce the appointment of a new shareholding partner in our Leeds office. Neil Bestwick has recently become a shareholder and is one of four new shareholder appointments that have been made across the firm.

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We are pleased to announce the appointment of a new shareholding partner in our Leeds office.

Neil Bestwick has recently become a shareholder and is one of four new shareholder appointments that have been made across the firm.

[fulltext] =>

Neil, partner in our Asset Advisory and Recovery team, joined us in 1999 as a graduate surveyor and specialises in providing advice to insolvency practitioners on property related matters, with clients including the ‘big four’ accountancy firms, as well as mid-tier and smaller / niche operators. He also provides advice to a variety of lenders in taking security and is an RICS Registered Property Receiver and valuer.

Commenting on the appointment, David Rastrick, head of our Leeds office said, “I’m delighted to welcome Neil on board as a shareholder. We have seen our turnover increase by 5% this year and are going through some exciting changes in the firm with the relocation of our Leeds office to the £100m Central Square development, as well as launching an updated brand and widening our service offering across the wider office network. I am looking forward to seeing Neil taking on an important role in our continued growth over the next period.”

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Three new shareholders in our North East offices

We are delighted to announce the appointment of three new shareholding partners across our North East offices. Kevin McGorie, Liz McLoughlin and Matthew Clarke have become shareholders in our Newcastle and Teesside offices, bringing our total number of shareholders to 29.

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We are delighted to announce the appointment of three new shareholding partners across our North East offices.

Kevin McGorie, Liz McLoughlin and Matthew Clarke have become shareholders in our Newcastle and Teesside offices, bringing our total number of shareholders to 29.

[fulltext] =>

Kevin McGorie, partner in our agency team, joined us in 2006 as a placement student. Kevin specialises in providing advice on the acquisition and disposal of property across the North East.

Liz McLoughlin, partner in our rating and compulsory purchase team, joined us firm in 2008. Liz specialises in advising acquiring authorities, developers and claimants on all aspects of valuation and compulsory purchase associated with regeneration.

Matthew Clarke, partner in our valuation team and head of our Teesside office, joined us in 2000. Matthew has over 18 years’ experience undertaking commercial and residential property valuation work on behalf of major lending institutions and other private clients throughout the North East.

Commenting on the appointments, Richard Farr, head of our Newcastle office said, “We are delighted to welcome Kevin, Liz and Matthew on board as shareholders, particularly during such an exciting time for the firm as we mark our 160th anniversary in the North East property market, as well as launching an updated brand. I am looking forward to seeing our new shareholders make their impact as key influencers the firm’s future growth.”

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APC Success across our offices

A massive congratulations to three of our graduates who have recently qualified as Chartered Surveyors. Dan Matthews, Josh Peacock and Morigan Wilson have all passed the Assessment of Professional Competence (APC) and become full members of the Royal Institution of Chartered Surveyors (RICS). Dan works in our North-East valuation team, whilst Josh and Morigan work in our property management team, in London and Leeds respectively.

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A massive congratulations to three of our graduates who have recently qualified as Chartered Surveyors.

Dan Matthews, Josh Peacock and Morigan Wilson have all passed the Assessment of Professional Competence (APC) and become full members of the Royal Institution of Chartered Surveyors (RICS). Dan works in our North-East valuation team, whilst Josh and Morigan work in our property management team, in London and Leeds respectively.

[fulltext] =>

Praising the successful candidates, David Rastrick, partner and head of training commented, “It is brilliant to see another three of our graduates passing their assessment of professional competence, which is testament to their determination and hard work at Sanderson Weatherall over recent years.

“Their success highlights the importance that we place on both personal and professional development and as a firm we are delighted that Josh, Dan and Morigan have achieved this goal, which is an important step in their continuing successful careers at Sanderson Weatherall.”

To pass the APC, candidates are required to complete both a written submission and a professional interview. These take place after candidates have acquired at least two years’ relevant experience and completed a structured training programme that provides them with a broad range of experience across different disciplines and departments.

Here at Sanderson Weatherall, candidates benefit from a comprehensive graduates training program which also included them taking part in mock interviews and receiving advice from external consultants on presentation and interview skills.

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Reward Finance supports pub deal

We recently carried out a building survey and provided the property valuations for the lend on three Yorkshire pubs which have now returned to family ownership.

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We recently carried out a building survey and provided the property valuations for the lend on three Yorkshire pubs which have now returned to family ownership.

[fulltext] =>

 

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Holiday and caravan park team sell charming caravan park near Helmsley, North Yorkshire

Our holiday and caravan park team has recently sold Wrens of Ryedale, a high-quality static and touring caravan park located in picturesque North Yorkshire countryside. The park occupies a stunning rural setting on the edge of the North Yorkshire Moors National Park just outside the village of Beadlam and only three miles from the ever-popular market town of Helmsley.

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Our holiday and caravan park team has recently sold Wrens of Ryedale, a high-quality static and touring caravan park located in picturesque North Yorkshire countryside.

The park occupies a stunning rural setting on the edge of the North Yorkshire Moors National Park just outside the village of Beadlam and only three miles from the ever-popular market town of Helmsley.

[fulltext] =>

The immaculately presented park is developed over 3.6 acres and is developed with privately owned static caravans and seasonal touring caravans. There is significant scope for further development of the park with existing planning permission for 32 static and 30 touring caravans.

Adam Burkinshaw, holiday and caravan park specialist in our York office commented, “Wrens of Ryedale attracted a great deal of interest, largely due to the high-quality development and immaculate presentation of the park. It is also located in a highly sought after location, close to Helmsley on the edge of the North York Moors National Park.

“The vendors has operated the park for over 12 years during which time they had continually improved, upgraded and maintained the very high standards of the park and facilities. Marketed with a Guide Price of £1.29M, the park was acquired by Joseph Burnside, owner of Thornborough Grange Park at Thirsk, a luxury holiday lodge development.”

The caravan park market is continuing to take advantage of the strong trading conditions and since we the start of the year we have already completed on the sale of 10 parks with a number of others currently under offer.

Contact Us

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Is spring the perfect time to sell your home?

Selling your house or flat can be a complicated business, especially if you’re not sure about the local market but putting it up for sale at the right time of the year can have a positive impact on the interest you receive. Obviously judging the best time to sell is not always an exact science as it’s affected by a number of factors; market conditions, location and the way in which you present your property. That being said, Spring does traditionally tend to be a more popular time to sell with an inflated number of buyers in the market, the added benefits of completing your move in the summer and of course the benefits of the weather (hopefully) making your garden or balcony that little bit more appealing!

Read More....

stdClass Object ( [state] => 1 [modified] => 2018-05-18 14:24:34 [id] => 1512 [asset_id] => 1876 [title] => Is spring the perfect time to sell your home? [alias] => is-spring-the-perfect-time-to-sell-your-home [introtext] =>

Selling your house or flat can be a complicated business, especially if you’re not sure about the local market but putting it up for sale at the right time of the year can have a positive impact on the interest you receive.

Obviously judging the best time to sell is not always an exact science as it’s affected by a number of factors; market conditions, location and the way in which you present your property. That being said, Spring does traditionally tend to be a more popular time to sell with an inflated number of buyers in the market, the added benefits of completing your move in the summer and of course the benefits of the weather (hopefully) making your garden or balcony that little bit more appealing!

[fulltext] =>

With more properties sold than any other season, spring remains a season offering the greatest choice so if you desire a wide selection of properties to choose from then spring may just be the best time to start searching or selling. The increase in longer and warmer days always puts people in a good mood and encourages them to think about the future, making more likely to start their property hunt.

Across the UK we have seen both buyer and seller interest returning to the market as we move further from the Brexit vote and confidence returns. In line with the wider UK property market, the Leeds market has been reasonably quiet over the winter months, not helped by the long winter. However we are now starting to see those seasonal green shots with increased levels of traffic in terms of both buyers and sellers and the recent Halifax price index supported this with a monthly increase of 1.5% which can only be good news for those considering a sale.

If you don’t feel you’re quite ready to start selling, then we would never advise rushing into such a big decision. If you do rush to get your property on to the market, then you probably won’t spend the time required to present it in its best light and you could be setting yourself up to receive a disappointing level of interest.

If you are looking at selling or renting your home this spring, then head along to our Central Square office and speak to the team who will be able to advise you on your best next steps.

Contact Us

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Planning permission granted for 34 static caravans at holiday park in Somerset

Our planning team has recently helped secure planning permission for 34 static holiday caravans at Home Park Holiday Park, Edithmead, Burnham-on-Sea. Owen Pike, head of our planning team, commented “There were several constraints which made this a very interesting and challenging project work on. The park is located within a Flood Zone 3 and there are hedgerows and a tree group on the boundaries which are subject to Tree Preservation Orders (TPO).

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Our planning team has recently helped secure planning permission for 34 static holiday caravans at Home Park Holiday Park, Edithmead, Burnham-on-Sea.

Owen Pike, head of our planning team, commented “There were several constraints which made this a very interesting and challenging project work on. The park is located within a Flood Zone 3 and there are hedgerows and a tree group on the boundaries which are subject to Tree Preservation Orders (TPO).

[fulltext] =>

“To help mitigate the effect of these constraints we commissioned a Flood Risk Assessment (FRA) and Arboricultural Impact Assessment (AIA) in support of the planning application. The assessments recommended a number of measures to overcome the constraints, including minimum finished floor levels for the units above sea level and retention of the majority of trees and hedgerows on the site.

“The ultimate decision from planning officers was in agreement with us that the development complied fully with the development and planning permission was therefore granted.”

Please contact Owen Pike on 0117 338 1813 or at owen.pike@sw.co.uk for further details if you have a site with development potential.

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Newcastle office market update Q1 2018

Total Newcastle office market take up for Q1 stood at 171,943sq ft which reflected a 38% (124, 527 sq ft) increase on the previous quarter, Q4 2017. View the Q1 2018 Newcastle office market update here. Office take up in Newcastle city centre totalled 39,194 sq ft, equating to the strongest first quarter in the city centre since 2015. The largest city centre letting of the quarter saw Turner and Townsend relocate from Grade B accommodation into 5,228 sq ft of prime Grade A office space at Time Central. A further key deal was the freehold sale of 50 Grey Street to a private owner occupier for £4.05 million following a competitive bidding process.

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Total Newcastle office market take up for Q1 stood at 171,943sq ft which reflected a 38% (124, 527 sq ft) increase on the previous quarter, Q4 2017.

View the Q1 2018 Newcastle office market update here.

Office take up in Newcastle city centre totalled 39,194 sq ft, equating to the strongest first quarter in the city centre since 2015. The largest city centre letting of the quarter saw Turner and Townsend relocate from Grade B accommodation into 5,228 sq ft of prime Grade A office space at Time Central. A further key deal was the freehold sale of 50 Grey Street to a private owner occupier for £4.05 million following a competitive bidding process.

[fulltext] =>

Headline rents of £23.00psf remained consistent with the levels experienced during 2017 with many city centre transactions below 5,000 sq ft. 80% of transactions out of town were also sub 5,000 sq ft with a common theme being set for medium sized occupiers acquiring stock for their own occupation.

Out of town take up was also up during the first quarter of 2018, reaching 132,749 sq ft across 45 deals compared to just 86,505 sq ft across 36 deals in Q4 2017. The principal transactions of this quarter were 16,000 sq ft at Durham Gate Spennymoor to Learning Curve and Utility Alliance who took 13,333 sq ft at Quorum business park.

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The Borders Distillery is the first Whisky distillery in the Scottish Borders since 1837

Delighted to assist with the asset valuation and property work on this project and enable the first new legal whisky distillery to open in the Scottish Borders in almost 200 years.

Read More....

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Delighted to assist with the asset valuation and property work on this project and enable the first new legal whisky distillery to open in the Scottish Borders in almost 200 years.

[fulltext] =>

 

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RICS CCS TDS Arla Ombudsman bsi