Riverside offices let to Newcastle architects following their expansion

Published on: 9th June 2017

Acting on behalf of ACE, our North East agency team has let an office space at Newcastle Business Park to local architects Sadler Brown.

The 1,015 sq ft office building is located at Riverside Studios, on the Northern bank of the River Tyne approximately half a mile to the West of Newcastle City Centre.

The Sadler Brown Group agreed the deal following the recent announcement of their acquisition of Anthony Keith Architects, another Newcastle based architecture firm.

Charlotte Marshall, agent in our Newcastle office commented, “We are pleased to have secured the Sadler Brown Group as a tenant for ACE at Riverside Studio following significant interest in the property.

SBG’s acquisition of Anthony Keith Architects follows a number of recent national contracts won by the design company. Having already occupied 2,200 sq ft of office space on Riverside Studios just 12 months ago, this further office expansion will facilitate the company’s continued development, with such offices being ideally suited for those requiring flexible office space.”

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June Deals Update

During May we were delighted to announce the appointment of three new shareholding partners. Christian Humphreys head of our asset based lending team, Matthew Lawrence head of our property management team and Mark Sheridan head of our Bristol office all became shareholders, bringing our total number to 28. With the holiday season fast approaching our North West asset advisory and recovery team completed the sale of three guest houses in Southport, a large seaside town in Merseyside on the coast of the Irish Sea. Across the Pennines, in Yorkshire we have recently brought a number of properties to market, including a Grade II listed building with development potential in Skipton and request for offers on an income producing office investment in the heart of Leeds city centre. In North Yorkshire our agency team sold a large 26,592 sq ft industrial unit in Castlevale Park, part of the Gatherley Road Industrial Estate in Catterick. In Bristol we have recently expanded our team with the appointment of Chris Howell as associate partner. 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.” Our building consultancy team recently helped provide St John’s the Evangelist Church in East Witton with a new lease of life thanks to repair and maintenance work carried out earlier this year.

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During May we were delighted to announce the appointment of three new shareholding partners. Christian Humphreys head of our asset based lending team, Matthew Lawrence head of our property management team and Mark Sheridan head of our Bristol office all became shareholders, bringing our total number to 28.

With the holiday season fast approaching our North West asset advisory and recovery team completed the sale of three guest houses in Southport, a large seaside town in Merseyside on the coast of the Irish Sea.

Across the Pennines, in Yorkshire we have recently brought a number of properties to market, including a Grade II listed building with development potential in Skipton and request for offers on an income producing office investment in the heart of Leeds city centre. In North Yorkshire our agency team sold a large 26,592 sq ft industrial unit in Castlevale Park, part of the Gatherley Road Industrial Estate in Catterick.

In Bristol we have recently expanded our team with the appointment of Chris Howell as associate partner. 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.”

Our building consultancy team recently helped provide St John’s the Evangelist Church in East Witton with a new lease of life thanks to repair and maintenance work carried out earlier this year.

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We have been particularly active in the North East with a number of deals completed and new instructions. In one of the largest deals last month our Newcastle agency team acted on behalf of Spectrum Business Park, in the letting of 27,000 sq ft across two floors of Spectrum 5 to new tenants Northumbrian Water. 

New instructions in the North East include a 7,181 sq ft modern industrial estate in Shildon’s All Saints Industrial Estate, County Durham, a small retail investment for sale in Darlington and a development site for sale in a prestigious residential area in Sunderland.

In recent weeks our asset based lending team have completed a number of jobs in a variety of sectors, including valuations for asset based lending purposes for a cosmetics company, Scotch Malt whisky distillery and a building &gardening supplies company to name a few. Click here to browse a collection of these recent jobs.

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Northumbrian water confirmed as new Spectrum tenant

Acting on behalf of Spectrum Business Park, our Newcastle agency team has let two of the three floors of Spectrum 5 to Northumbrian Water. Spectrum Business Park is one of the region's fastest growing business parks and following the letting of 27,000 sq ft to Northumbrian Water, the park is now over 75% occupied. John McGovern, Head of Asset Delivery at Northumbrian Water, said: “This move will create one central hub for our infrastructure teams and gives us the opportunity to work closer with our framework partners under one roof. Moving into Spectrum 5 will strengthen the collaborative working relationships we have and ultimately help deliver an unrivalled service to all our customers. “After looking at a number of locations around the North East, we felt Spectrum Business Park ticked all the boxes in terms of location, quality of office space, transport links and parking, which were all major influencing factors given how many people will be based here.”

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Acting on behalf of Spectrum Business Park, our Newcastle agency team has let two of the three floors of Spectrum 5 to Northumbrian Water.

Spectrum Business Park is one of the region's fastest growing business parks and following the letting of 27,000 sq ft to Northumbrian Water, the park is now over 75% occupied.

John McGovern, Head of Asset Delivery at Northumbrian Water, said: “This move will create one central hub for our infrastructure teams and gives us the opportunity to work closer with our framework partners under one roof. Moving into Spectrum 5 will strengthen the collaborative working relationships we have and ultimately help deliver an unrivalled service to all our customers.

“After looking at a number of locations around the North East, we felt Spectrum Business Park ticked all the boxes in terms of location, quality of office space, transport links and parking, which were all major influencing factors given how many people will be based here.”

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Paul Wellstead, the property developer of Spectrum Business Park, said: “Securing Northumbrian Water as our newest tenant is a real coup for Spectrum Business Park and demonstrates just how far the park has come since I started creating my vision over 10 years ago.

“It’s also testament to the improvements which are evident, and the investment made, across Seaham, which is now home to some of the region’s fastest growing public and private sector companies.

“My hope is that having Northumbrian Water occupy the top two floors of Spectrum 5 will generate interest from some of its partners, and the remaining floor will quickly become occupied.”

Robert Patterson, head of our agency team, said, “We are delighted to have assisted Northumbrian Water with their office move. Spectrum Business Park is proving to be one of the most desirable places to work in the North East and following this significant letting it is great to see the park over 75 percent occupied.”

To view the remaining office spaces available at Spectrum Business Park please click here.

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Office Agency

Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country. Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage. Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business. Agency Disposals: Realistic marketing advice and methodology Comprehensive market knowledge and full research facilities Extensive enquiry database Innovative marketing ideas Appraisal of alternative uses with in-house town planning advice Agency Acquisitions: Obtaining a clear understanding of our client’s requirements and commercial objectives Comprehensive property stock search and identification of development opportunities Objective advice on the suitability of identified properties Negotiation of favourable terms Full back up service including structural surveys, planning advice and fitting out etc. Valuation and finance advice Development Consultancy: Thorough market research Advice on selection and appointment of consultants Undertaking of full financial appraisals and timescales Advice on optimum composition of development Assessment of deliverability Advice on specification and scheme layout End user knowledge   Contact Us

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Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country.

Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage.

Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business.

Agency Disposals:

  • Realistic marketing advice and methodology
  • Comprehensive market knowledge and full research facilities
  • Extensive enquiry database
  • Innovative marketing ideas
  • Appraisal of alternative uses with in-house town planning advice

Agency Acquisitions:

  • Obtaining a clear understanding of our client’s requirements and commercial objectives
  • Comprehensive property stock search and identification of development opportunities
  • Objective advice on the suitability of identified properties
  • Negotiation of favourable terms
  • Full back up service including structural surveys, planning advice and fitting out etc.
  • Valuation and finance advice

Development Consultancy:

  • Thorough market research
  • Advice on selection and appointment of consultants
  • Undertaking of full financial appraisals and timescales
  • Advice on optimum composition of development
  • Assessment of deliverability
  • Advice on specification and scheme layout
  • End user knowledge

 

Contact Us

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

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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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.

[fulltext] =>

At the event attended by local community and businesses, the Lord Mayor highlighted the significance of the milestone and investment in the city. Councillor Hazel Stephenson said: “Newcastle and the North East has a rich and cherished history and we wanted to mark this major milestone by linking our past with the future and the planting of the time capsule at this important site is a fitting tribute to life in our city today. It represents the very positive and dynamic opportunity for the city and the wider region in the years ahead.”

Once completed, the Newgate Centre will include 2,000 sq m of commercial space, a 270-bedroom hotel and 575-bedroom student accommodation. We have previously held the position of management agents at the former Newgate Shopping Centre and our building consultancy team were involved in the initial demolition of the site from a party wall perspective.

You can see more pictures of the event on the McAleer and Rushe website here.

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Why use a property professional to advise on your office move?

Moving office can be a challenging and complex process. From pulling together your relocation plan, to finding the right property and negotiating your lease, there are many elements to an office move that you will need to get expert advice on. Appointing the right property advisor will help you save time and money on your office move, and allow you to stay focused on running your business. 

Read More....

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Moving office can be a challenging and complex process. From pulling together your relocation plan, to finding the right property and negotiating your lease, there are many elements to an office move that you will need to get expert advice on.

Appointing the right property advisor will help you save time and money on your office move, and allow you to stay focused on running your business. 

[fulltext] =>

Our local relocation teams are made up of experienced office agents, lease consultants, architects and building surveyors. Operating in the UKs major cities, they apply their local market knowledge to help you find the right space for your business, negotiate preferential terms, and unlock off market opportunities that you may have otherwise missed.

We can add real value to your new acquisition and minimise your costs in future years by certifying floor areas, advising on principal lease terms, such as alienation (creating flexibility should you need to move or sublet), rent review clauses and dilapidations.

Our RIBA certified architects and building consultants can advise on your fit-out and space planning, ensuring you acquire an appropriate sized office that works for your business. We’ll also help you design a space that inspires your employees, and advise on how modern ways of working can help you to reduce your overheads.

Once you’ve settled into your new office, we can then introduce you to our occupier team, who will help you keep your occupational costs to a minimum, including business rates, and provide on-going tenant consultancy whenever you need it.

Click here to read our seven step guide on how to make your office move a success.

Contact Us

 

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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

Read More....

stdClass Object ( [state] => 1 [modified] => 2018-05-11 14:38:02 [id] => 143 [asset_id] => 293 [title] => Agency - sales & lettings [alias] => agency [introtext] =>

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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