North East agency team appointed for 37-unit letting contract at Hebburn Shopping Centre

Published on: 8th February 2017

Our North East agency team has been appointed as letting agent to market 37 retail units at Hebburn Shopping Centre.

We sold the site on behalf of previous owner Asda earlier this year. The shopping Centre, based on Station Road, Hebburn, is currently undergoing a £2.4m refurbishment to create a better environment for both retailers and shoppers.

South Tyneside is the freeholders of the 2.01 acre site, which was recently acquired by a consortium from the region through chartered surveyors and estate agents Bradley Hall, with assistance from financial advisers KSM Associates and Gordon Brown Law Firm LLP.

The shopping centre will be rebranded to The Mountbatten Shopping Centre, named after Lord Mountbatten, who commanded the famous Hebburn-built destroyer HMS Kelly during the Second World War.

Situated in the heart of Hebburn on the junction of Station Road and Victoria Road West, the centre benefits from a mixture of national and local retailers. National stores including Herons Frozen Foods, Boots and Subway currently occupy the units, with local businesses including hairdressers, laundrettes and newsagents also trading from the site.

Kevin McGorie, partner in our agency department, said: “Hebburn is an area of significant redevelopment, therefore the investment into the shopping centre will not only create an attractive area for retailers and the general public, but also provide considerable job and business opportunities.

“Having been involved in the successful sale of the centre, we are very much looking forward to being able to bring a variety of new business to help reinvigorate the region.”

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Agency - sales & lettings

Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers. Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location. We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction. We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.   Contact Us

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Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers.

Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location.

We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction.

We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.

 

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February Deals Update

Our strong end to last year has been followed by an equally strong start to 2017 with a number of deals being completed across our network of offices. In London, we have been involved in a number of deals, including the letting of a prominent corner restaurant in the heart of Chelsea to Baretto Lounge, a new Italian restaurant and aperitif bar. We have also sourced a number of showrooms in and around London for Magnet, the British kitchen retailer.

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Our strong end to last year has been followed by an equally strong start to 2017 with a number of deals being completed across our network of offices.

In London, we have been involved in a number of deals, including the letting of a prominent corner restaurant in the heart of Chelsea to Baretto Lounge, a new Italian restaurant and aperitif bar. We have also sourced a number of showrooms in and around London for Magnet, the British kitchen retailer.

[fulltext] =>

We were delighted to announce that City Point office building in Leeds reached full occupancy for the first time, after we let the second floor to Blacks Solicitors, on behalf of Redefine International. In addition we sold freehold office investment Hetton Court, in Leeds for over £2million while acting on behalf of Canada Life Investments.

We have also seen a lot of interest in the Grade I listed Leeming Building, once renovations are complete the iconic Leeds building will offer a unique collection of stylish workspaces.

Following the expansion of our nationwide lease consultancy team last year we were appointed by Co-op to provide lease consultancy services for its Yorkshire and North East region. 

In the North East we have been particularly active with our Teesside-based agency team assisting in the opening of Middlesbrough FC goalkeeper Dimi Konstantopoukous’ new restaurant on Linthorpe Road, Middlesbrough.

In Newcastle our office agency team were appointed as joint office agents on One Trinity Gardens, one of the North East's most desirable offices buildings. In Walkergate, Newcastle Upon Tyne our investment agents sold a property comprising a retail unit, car showroom and residential flats to Cairn Group.

In the North West we have recently completed a number of deals for Cheshire East. With the council looking to consolidate their assets we were on hand to complete a series of property disposals worth over £1.25million. Our Manchester agency team were also involved in the sale of a 4,912 sq ft office space in Altrincham business park.

Our asset based lending team assisted Matchmakers International Limited, by completing valuations and advisory work we were able to secure an innovative funding deal for the market leading equestrian business.

Our planning team have also welcomed in the new year with a number of successful jobs. In particular we obtained planning approval for the variation of a number of inconvenient conditions attached to a major leisure development in Bleadon, North Somerset.

At the start of 2017 we launched our specialist holiday and caravan park division and you can see a number of their recent deals here.

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North East agency team strengthened by new appointment

Our North East agency team has been strengthened by the appointment of industrial agent, Darren Naylor as an associate partner. Darren brings with him 8 years’ experience working in the North East commercial property market and will focus on industrial acquisitions and disposals in Newcastle and Teesside. Speaking about his new position, Darren said: "I'm excited to be working with this award-winning agency team and look forward to supporting the department as it continues to grow, and strengthen its reputation as one of the region's most active commercial agents."

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Our North East agency team has been strengthened by the appointment of industrial agent, Darren Naylor as an associate partner.

Darren brings with him 8 years’ experience working in the North East commercial property market and will focus on industrial acquisitions and disposals in Newcastle and Teesside.

Speaking about his new position, Darren said: "I'm excited to be working with this award-winning agency team and look forward to supporting the department as it continues to grow, and strengthen its reputation as one of the region's most active commercial agents."

[fulltext] =>

Robert Patterson, head of our agency team said: "I am delighted to announce Darren’s appointment to our agency team. Darren is a highly experienced surveyor and has a wealth of knowledge in the North East commercial property market."

Darren joins our established team of commercial property agents, who work across the offices, retail, and development and land markets.

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Middlesbrough FC goalkeeper opens new restaurant

Middlesbrough FC goalkeeper Dimi Konstantopoulos’ opens new restaurant in Middlesbrough, following assistance from our North East agency team. Acting on behalf of Penza Properties, we were involved in the letting and negotiation of unit 1, 248 Linthorpe Road, the new home of Great, Dimi’s Greek restaurant venture.  Dimi said: “I couldn’t be happier with the restaurant now that it’s open. The décor, ambiance and quality of food showcase the best of Greek cuisine and I’m grateful to Sanderson Weatherall for making the process as smooth as possible. “Reactions to the restaurant have been very positive so far and I’m really looking forward to its future successes.”

Read More....

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Middlesbrough FC goalkeeper Dimi Konstantopoulos’ opens new restaurant in Middlesbrough, following assistance from our North East agency team.

Acting on behalf of Penza Properties, we were involved in the letting and negotiation of unit 1, 248 Linthorpe Road, the new home of Great, Dimi’s Greek restaurant venture. 

Dimi said: “I couldn’t be happier with the restaurant now that it’s open. The décor, ambiance and quality of food showcase the best of Greek cuisine and I’m grateful to Sanderson Weatherall for making the process as smooth as possible.

“Reactions to the restaurant have been very positive so far and I’m really looking forward to its future successes.”

[fulltext] =>

The restaurant occupies a 2,056 sq ft unit underneath 248 Linthorpe Road. Sanderson Weatherall has currently let four of five commercial units in the building with the final property offering 9,738 sq ft in the heart of the town.

Richard Hird, Director at Penza Properties, said: “248 Linthorpe Road offers great commercial and retail opportunities and we’re very happy that Dimi’s restaurant has already been a resounding success.

“Sanderson Weatherall’s letting negotiations ensured all parties were happy and I look forward to the fifth and final unit being occupied in the not too distant future.”

Our Teesside-based agency team assisted on the deal, led by agency surveyor George Williams.

George commented: “We are very happy to have been involved in the process which culminated in Dimi opening his new restaurant. Great demonstrates Dimi’s passion for his homeland and it looks fantastic now it’s complete.”

Contact Us

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Retail Agency

Our principal retail agency services include: Shopping Centre, High Street and Out of Town Retail Consultancy Disposals Acquisitions Innovative Marketing Solutions Development Appraisal Monitoring of retail requirements and trends Strategic Asset Management Strategy and Investment Funding   Our client base is spread across a wide spectrum of retailers, developers, investors and retail property owners and occupiers. With an established team of experienced focussed professionals our offices cover the whole of England and Wales and the Scottish Borders. We have an enviable reputation in the market amongst our clients and competitors alike. Each and every one of our clients is very important to us. We strive to work in partnership with our client to achieve the best possible results. To understand our client’s business and objectives is of huge significance and importance to us. Our appreciation of local market conditions and national retail trends helps us to achieve the best possible solutions to our client’s property issues. We are committed to achieving an innovative and multi faceted approach to our marketing of client’s retail property utilising both technology in all its complex forms and personal and direct communication with potential targets. We understand retailers and retail property.

Read More....

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Our principal retail agency services include:

  • Shopping Centre, High Street and Out of Town Retail Consultancy
  • Disposals
  • Acquisitions
  • Innovative Marketing Solutions
  • Development Appraisal
  • Monitoring of retail requirements and trends
  • Strategic Asset Management Strategy and Investment Funding

 

Our client base is spread across a wide spectrum of retailers, developers, investors and retail property owners and occupiers.

With an established team of experienced focussed professionals our offices cover the whole of England and Wales and the Scottish Borders.

We have an enviable reputation in the market amongst our clients and competitors alike.

Each and every one of our clients is very important to us. We strive to work in partnership with our client to achieve the best possible results. To understand our client’s business and objectives is of huge significance and importance to us.

Our appreciation of local market conditions and national retail trends helps us to achieve the best possible solutions to our client’s property issues.

We are committed to achieving an innovative and multi faceted approach to our marketing of client’s retail property utilising both technology in all its complex forms and personal and direct communication with potential targets.

We understand retailers and retail property.

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Leisure Property Services

Our leisure team provide leading industry services to businesses working in leisure. Our in depth knowledge of the industry means we can deliver bespoke property solutions based on what you need to maximise on your business’s potential. Whether you’re a developer, owner or occupier, we work with hotels, leisure clubs, restaurants, bars, pubs and holiday parks to support you in making your business a success. Putting experience first with market leading Leisure property services Our leisure property solutions cover all elements of your property needs, including finding you the right property, designing the perfect property to enhance your customer’s experience, supporting you in negotiating your lease or business rates, and valuing your property or business assets. Contact our leisure team and let us develop your bespoke property solution, with your business right at the heart of it. Contact Us

Read More....

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Our leisure team provide leading industry services to businesses working in leisure. Our in depth knowledge of the industry means we can deliver bespoke property solutions based on what you need to maximise on your business’s potential.

Whether you’re a developer, owner or occupier, we work with hotels, leisure clubs, restaurants, bars, pubs and holiday parks to support you in making your business a success.

Putting experience first with market leading Leisure property services

Our leisure property solutions cover all elements of your property needs, including finding you the right property, designing the perfect property to enhance your customer’s experience, supporting you in negotiating your lease or business rates, and valuing your property or business assets.

Contact our leisure team and let us develop your bespoke property solution, with your business right at the heart of it.

Contact Us

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