Latest News

Mixed portfolio of freehold commercial investments and developments for sale in Bradford

Published on: 17th August 2018 We have been appointed Sole Selling Agents by Howard Smith and David Costley-Wood of KPMG as Administrators of Adam & Baka Ltd, owners of a very substantial freehold property portfolio located in Bradford, West Yorkshire. Click here to view the property listing. The portfolio is offered for sale as a whole or in seven Lots and extends to over 400,000 sq ft (37,160 sq m) of accommodation on 18.6 acres (7.5 ha) with a gross rent roll approaching £350,000 per annum.  Combined quoted asking prices for Lots 1-6 is £4.22m. Offers are invited for Lot 7, a 4.6 acre (1.9ha) cleared site in the BD4 district.

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Merchant Park, the award winning development is expanding

Published on: 17th August 2018 Merchant Park, Newton Aycliffe the award-winning development and home to Hitachi Rail, is expanding in new and exciting ways. Recognising the demand for high spec units that any company would be proud to occupy, but critically of a smaller size, we are thrilled to announce the launch of Station Place. The all new Station Place development will build on the solid elements that made Merchant Park perfect for Hitachi Rail; excellent transport links for rail, road, sea and air and a developer committed to providing fit for purpose flexible space.

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Assets of Poundworld head office up for auction

Published on: 16th August 2018 Following Poundworld Retail Ltd entering administration on the 11 June 2018 Sanderson Weatherall have been instructed by the administrators Daniel Francis Butters & Clare Boardman to stage an Online Auction of the assets located at their head office site in Normanton, West Yorkshire.

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Leeds office market update Q2 2018

Published on: 15th August 2018 In the City centre, take up totalled 145,329 sq ft across 34 transactions. The largest deal of the quarter was the 25,938 sq ft letting at 5 Wellington Place to Ministry of Justice, which has taken the first and second floors. The other letting of significance saw Investec take 20,402 sq ft on a 15-year lease at 3 Wellington Place. The out of town market achieved a 100% increase on the previous quarter with a total take up of 167,962 sq ft across 28 transactions. The major deal of the quarter saw Perform acquire 39,422 sq ft at Optim, White Rose Office Park, on a 15-year lease. The other notable deals include the 16,617 sq ft letting at Leeds Valley Park to Lowell, and the 16,550 sq ft letting at Phoenix House, Hawthorn Business Park, to Trade Skills 4U.

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Newcastle office market update Q2 2018

Published on: 15th August 2018 City centre office take up in the second quarter of 2018 totalled 53,768 sq ft, the strongest quarter in the Newcastle city centre since 2016.

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Sanderson Weatherall sell Sea End Caravan Park in popular yachting location, Crouch End

Published on: 14th August 2018 Sea End Caravan Park in Crouch End, Essex has been sold in an off-market transaction on a guide price of £5.5million. Set in a quiet and secluded setting the 9-acre static holiday caravan park, located adjacent to the River Crouch, has 180 fully serviced pitches for owner occupied caravan holiday homes and was sold by our specialist holiday and caravan park team.

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The 3 'P's of selling your residential property

Published on: 13th August 2018 Diana Warr, residential sales and lettings expert in our Leeds office has put together her top three tips for maximising your property's potential. “In a market where demand is high, it is inevitable that it becomes it a little easier to sell, but that by no means allows you the comfort of sitting back and just waiting for the offers to come in. There is an endless list of tips and options available to help sell your property but we have picked just three key pieces of advice to help you achieve the best possible sales price.”

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Developers remain hesitant when it comes to Permission in Principle applications

Published on: 10th August 2018 In the Housing and Planning Act 2016 a fast-track route through the planning process for residential developments was introduced, termed ‘Permission in Principle’ (PiP). The government believed that by splitting the process in two and allowing some small, housing-led developments to secure PiP first and then technical details consent (TDC) it would speed up the process and help boost housing delivery.

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The high street, but not as we know it

Published on: 9th August 2018 The decline in the UK’s retail property sector has been a widely reported one, with a reduced footfall on high streets across the country, which has largely been attributed to consumers altering their purchasing patterns and shopping more online. Whilst you cannot argue with the ease, convenience and relative unrestricted nature of online shopping, we believe that high street retailers should view this shift in perceptions as an opportunity and not as a threat.

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