Latest News

Crate Park - the latest shopping container village set to take the North East by storm

Published on: 5th February 2019 Plans have been revealed for the creation of a £20m shipping container business park at one of the UK’s largest office parks, Cobalt Park in North Tyneside. Located adjected to the existing Cobalt Business Park, the new Crate Park will use upcycled shipping containers to create unique retail, leisure or small office spaces, offering affordable solutions for both start-up and existing retail businesses.

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February Deals Update

Published on: 4th February 2019 Our strong end to last year has been followed by an equally strong start to 2019 with a number of deals and new instructions across our nationwide network of offices. At the start of the year we published our caravan and holiday park market review, including highlights from their year, a review of the holiday and caravan park market and information on parks sold, and parks currently for sale – view the full report here.

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Video: Caravan Park Market Review 2018

Published on: 31st January 2019 Our holiday and caravan park team have recently created a video showcasing a few highlights from their year and a general review of the holiday and caravan park market as a whole during 2018. Watch it here:

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Meet Colin

Published on: 30th January 2019 What does a typical day look like for you and what are you currently working on? One of the best things about being a Building Surveyor is that there is no such thing as a typical day. I’m currently working with our business recovery team on some half-build, half-baked plans, our lease consultancy team on some angry lease exits and our valuation team trying to bring some sanity to people trying out property development for the first time. My team’s real reason for being is to use a load of technical knowledge to solve real world problems, I’m lucky enough to work in a hugely experienced team with a great record to boast about. What is your favourite building in your region, and why? As a proud Yorkshireman, I’m slightly ashamed to admit it, but my favourite building in the world is actually Durham Cathedral. I fell for it at first sight and have been known to spend hours sitting inside just taking it all in.

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Exciting development / investment opportunity on the market in Newton Abbot

Published on: 29th January 2019 Sherborne House, a 36,000 sq ft office building in the centre of the popular Devon market town of Newton Abbot is being brought to market by Sanderson Weatherall jointly with JLL. The building comprises a former job centre, split across four floors. The second floor is let to Devon Partnership NHS trust, until November 2026, paying a rent of £98,000 per annum whilst the remainder of the property is offered with vacant possession.

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A Quiet Deal ?

Published on: 28th January 2019 In recent months, many of our clients have received an increasing number of direct approaches from operators either in person, by phone or by post and e-mail expressing an interest in acquiring their parks. Indeed, we are aware that in some instances operators are employing call centres to make an initial approach though that may not be particularly obvious.

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Two purpose built nursing homes on the market in the North East

Published on: 23rd January 2019 Our Asset Advisory & Restructuring team has been instructed by the Cleveland Alzheimers Residential Centre Ltd as joint agents along with Christie + Co to disposal of two purpose built nursing homes in Stockton-on-Tees. Kirkdale and Allison House are situated within the Teesdale Business Park, both registered for 38 residents with Kirkdale offered for sale vacant (previously registered for nursing and dementia care) and Allison House offered as a trading home providing nursing and dementia care run under management – guide prices are £700,000 and £1.35 million respectively.

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Leeds Office Market Report Q4 2018

Published on: 22nd January 2019 View the full report by clicking here. In the City centre, Q4 take up totalled 134,579 sq ft over 32 transactions. Total take-up in Leeds city centre reached 663,233 sq ft in 2018, 10% above the 10 year average, whilst the out of town sector reached a total take-up of 399,582 sq ft, a 22% increase on the previous year.

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Cherished number plate sold for £49,000

Published on: 21st January 2019 Our machinery and business assets team recently sold the “W1 NGS” number plate by online auction, realising £49,000 in the process. The highest bid on the plate was made by a purchaser on behalf of his son who earned his pilot’s license at the age of 17. He jointly holds the world record for the most airfields visited in 24 hours by a fixed-wing aircraft (87 total number).

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