Monthly Archives: November 2014



Retail Report reveals first ever fall in Grocery Sales

Posted on 19 November, 2014 by Kirsten Kennedy under Business News

As the pressure on supermarkets continues to mount, it seems that the Big Four are caught in a never-ending downward spiral which is leeching profits, cutting sales and forcing them to halt ambitious store opening programmes. Unfortunately, the latest... Read More

Chinese Company in talks over flight to Airport City

Posted on by Cliff Goodwin under Top Properties

A Far East roadshow highlighting the advantages of a flagship Manchester Airport business park and logistics hub is already paying dividends — with one Chinese company in "advanced negotiations" over moving to the development. Manchester Airports... Read More

Manufacturers push Chancellor for Business Rates Reform

Posted on by Kirsten Kennedy under Business News

For the past few years, retailers have headed the drive for the business rates system in the UK to be reformed, claiming the current method of judging how much tax businesses should pay based on their commercial property is unfair. However,... Read More

Caddick beats Rivals to Leeds City One Site

Posted on 18 November, 2014 by Cliff Goodwin under Commercial Sales and Lets

The City One development site in Leeds — subject to a lengthy legal wrangle over the building of Leeds Arena — has been acquired by Caddick Developments. London and Wetherby-based Caddick reportedly paid £10m to retrieve the 9.5-acre site... Read More

Property Partnership sponsors Major Victorian Art Exhibition

Posted on by Neil Bird under Industry News

A property partnership with a history stretching back to the nineteenth century is the principal sponsor behind a major exhibition of Victorian paintings. Strutt & Parker, founded in 1885, is sponsoring A Victorian Obsession: The Pérez Simón... Read More

Wolverhampton Interchange deals just Weeks Away

Posted on by Cliff Goodwin under Commercial Developments, Top Properties

Wolverhampton Council has reported "significant interest" from businesses and retailers ahead of the 2015 completion of its flagship city centre office scheme. Work started last month on Interchange 10, a much-needed Grade A office block, part of... Read More

British Land’s Broadgate Circle Redevelopment Almost Fully Let

Posted on by Neil Bird under Business News, Commercial Developments, Industry News

British Land, which announced its half year results today, has confirmed that the Broadgate Circle redevelopment is almost fully let ahead of its re-opening in the spring. The City of London destination is undergoing a £20 million revamp to provide... Read More

Waitrose Boss warns of Big Four Supermarket Closures

Posted on by Kirsten Kennedy under Business News

After recently claiming that supermarket estates are 20 years out of date, Waitrose managing director Mark Price has now warned that Britain’s ‘Big Four’ grocery chains may soon be forced to implement a programme of wide scale store... Read More

Gateshead Industrial Scheme attracts Interest as Steelwork Commences

Posted on by Neil Bird under Commercial Developments

A £7 million industrial scheme is attracting increased enquiries after the steelwork appeared on site ahead of schedule. Portobello Trade Park, Gateshead’s first speculative industrial development since 2008, will deliver 15 high quality units... Read More

Business Hub Kick-Starts Shipyard Regeneration

Posted on 17 November, 2014 by Cliff Goodwin under Commercial Developments

A world famous Tyneside shipyard is being transformed into a multi-million pound council-backed incubator and development hub for marine and offshore businesses. Rebranded as Swans — the former Swan Hunter shipyard at Wallsend — is being... Read More