Unique city centre leisure opportunity available in Newcastle

Published on: 7th April 2017

A unique city centre restaurant/leisure opportunity has come on the market on Nelson Street in Newcastle. The listed building forms part of the historic Grainger Market and comprises of a leisure unit at basement level, ground floor lobby, and 7,500 sq ft of upper floor space, which is currently used as offices.

Agent on the property, Mark Convery commented, “This is a brilliant opportunity for a new restauranteur/leisure operator to open, in what is fast becoming one of Newcastle’s most prominent areas for dining and drinking.

“Eldon Square Shopping Centre, the prime retail destination within Newcastle lies directly opposite and attracts approximately 38million plus customers each year. The new ‘Grey’s Quarter’ is now open and contains a number of national operators, including Red’s Steakhouse, The Alchemist, Chiquitos, Handmade Burger Co. and Prezzo among others, ensuring that you will be in good company.

For further information on the property please contact Mark Convery or Kevin McGorie, our leisure specialists in the North East.

View the property listing.

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Brand new industrial units and offices available to let in County Durham

Development of 12 brand new industrial and office units is scheduled to begin at Hownsgill Industrial Park, a well-established commercial area in Consett, County Durham. The first phase will see the completion of two high specification industrial units and two self-contained office buildings, with associated parking, available to let on flexible lease terms.

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Development of 12 brand new industrial and office units is scheduled to begin at Hownsgill Industrial Park, a well-established commercial area in Consett, County Durham.

The first phase will see the completion of two high specification industrial units and two self-contained office buildings, with associated parking, available to let on flexible lease terms.

[fulltext] =>

Agent on the scheme, Darren Naylor commented, “The units are ideal for any small or medium businesses looking for new, high quality space in the North East.

“The second phase will involve the development of a further eight units of varying sizes that can be brought forward for either lease or purchase, subject to demand and further interest.

“Due to the industrial parks close proximity to transport links and the individual units high specification we expect to receive significant interest.”

For more information, please contact agents for agents Darren Naylor or Mark Convery.

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April Deals Update

In March we were named as the most active commercial property agency in the North East by Estates Gazette. Our Newcastle and Teesside offices were awarded the title for transactions completed in 2016, totalling over 1.8million sq ft of commercial property let or sold in the region. On March 1st a landmark business rates ruling by the UK Supreme Court stated that properties could be given a nominal £1 rateable value, on the grounds that is undergoing significant refurbishment which restricts it from being a functional space. Our rating team first started work on the S J and J Monk v Newbigin case in 2013, so welcomed the decision from the Supreme Court. Our specialist caravan and holiday parks team completed a number of deals in March, including the sale of a 43-acre holiday park in Northumberland that was marketed off a guide price of £5.5million. They also sold parks in Plas Newydd, North Wales and Kirkby Stephen in Cumbria off guide prices of £1.295million and £800,000 respectively. Our team in the North East has a number of properties currently available, including 4,000 sq ft of office space at Preston Farm Business Park, a prominent car sales unit in Darlington and a number of Newcastle City Centre offices at St James Gate, One Trinity Gardens and on Grey Street, just down the road from our offices. Acting as retail agents we have also helped secure a major new anchor unit at the Royal Quays Outlet in North Shields, the new space, situated on the main car park of the centre, has been innovatively created using a large inflatable dome structure.

Read More....

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In March we were named as the most active commercial property agency in the North East by Estates Gazette. Our Newcastle and Teesside offices were awarded the title for transactions completed in 2016, totalling over 1.8million sq ft of commercial property let or sold in the region.

On March 1st a landmark business rates ruling by the UK Supreme Court stated that properties could be given a nominal £1 rateable value, on the grounds that is undergoing significant refurbishment which restricts it from being a functional space. Our rating team first started work on the S J and J Monk v Newbigin case in 2013, so welcomed the decision from the Supreme Court.

Our specialist caravan and holiday parks team completed a number of deals in March, including the sale of a 43-acre holiday park in Northumberland that was marketed off a guide price of £5.5million. They also sold parks in Plas Newydd, North Wales and Kirkby Stephen in Cumbria off guide prices of £1.295million and £800,000 respectively.

Our team in the North East has a number of properties currently available, including 4,000 sq ft of office space at Preston Farm Business Park, a prominent car sales unit in Darlington and a number of Newcastle City Centre offices at St James Gate, One Trinity Gardens and on Grey Street, just down the road from our offices. Acting as retail agents we have also helped secure a major new anchor unit at the Royal Quays Outlet in North Shields, the new space, situated on the main car park of the centre, has been innovatively created using a large inflatable dome structure.

[fulltext] =>

Our Corporate Real Estate team sold a large mixed-use property, located prominently on the corner of Great Horton Road and Ashgrove, directly opposite the University of Bradford. The property is comprised of residential accommodation, office space and a large basement including a former bar.

Acting on behalf of the Royal Mail, our industrial agency team in Leeds sold a 9,500 sq ft industrial unit at Doncaster Carr Industrial Estate to Hird Rail Services. Our Leeds team also completed a number of letting deals, including a 7,350 sq ft unit on Wakefield Road to Hire Station and a 10,000 sq ft space to Howdens Joinery at Barnsley Trade Park.

Across the Pennines our Manchester agency team sold a ten-acre development site in Tintwistle, High Peak to BXB Bespoke Land Solutions, a strategic land business that are expected to submit a planning application for 165 residential houses to be built on the land. More recently the team also completed the sale of a 7,500 sq ft Oldham office building to the Immigration Advice Service.

At the beginning of March, new guidance was published for the minimum energy efficiency standards that come into effect in April 2018, read more about the regulations here.

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Contact Us

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Here is a summary of our recent deals and instructions from across our office network. 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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.

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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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