News Page 15



Commercial Property News Posts


Refurbishment Programmes Fronted Amidst Short Bristol Office Supply

Refurbishment Programmes Fronted Amidst Short Bristol Office Supply

Posted on November 10, 2015 3:00 pm by Chris Grigorovsky under Commercial Sales and Lets

Bristol office accommodation is in increasingly short supply, which means landlords are making refurbishment programmes a top priority in order to get their properties to the front of the queue. This has been reported by sector specialists, Colliers International, who were appointed by Terramond, the leading commercial developer.... Read More


Two major brands arrive at The Mall Blackburn

Two major brands arrive at The Mall Blackburn

Posted on November 10, 2015 12:25 pm by Editor in Chief under Business News, Commercial Developments, Economy, Industry News

Today, Capital & Regional has announced that the UK's largest independent toy retailer, The Entertainer and menswear brand Jack&Jones will be opening their stores at The Mall Blackburn. The specialist shopping centre REIT further enhances the centre’s retail variety, as well as boosting the town centre’s offering.... Read More

Non-executive Chairman Appointed by Bruton Knowles

Non-executive Chairman Appointed by Bruton Knowles

Posted on November 9, 2015 3:00 pm by Editor in Chief under Business News, Industry News, Misc

Bruton Knowles, the leading commercial property specialist, has appointed Keith Brown as non-executive chairman. With an established track record in finance and general management, Keith Brown has vast experience of local, national and international business. He has credentials that will help steer growth within Bruton Knowles.... Read More

Derelict Cheltenham Lodge Restoration by Celebrity Chef

Cheltenham Lodge Restoration by Bruton Knowles

Posted on November 9, 2015 11:30 am by Chris Grigorovsky under Business News, Commercial Developments

The historic Montpellier Lodge in Cheltenham is set to be relaunched as a restaurant in December, with the help of a yet un-named local celebrity chef and will ultimately end years of uncertainty regarding its use. Situated in a leafy corner of Montpelier Gardens, this iconic keeper's lodge has been completely refurbished, with final... Read More

Businesses Save Thousands Due to Business Rate Appeals

Businesses Save Thousands Due to Business Rate Appeals

Posted on November 6, 2015 4:00 pm by Chris Grigorovsky under Business News

A number of firms in the South East, including day nurseries and sports centres, are taking a stand and saving themselves thousands of pounds, following successful appeals to the Valuation Office Agency. Masterminded by Bruton Knowles' Guildford office, the list of successful appeals have since inspired more day nurseries to step forward,... Read More


Redevelopment in Whitby may provide investment opportunities

Redevelopment in Whitby May Provide Investment Opportunities

Posted on November 6, 2015 12:10 pm by Editor in Chief under Business News, Industry News, Misc

A redundant site close to Whitby town centre is being sought after by developers for a potential housing site. The brownfield site at Holly Tree Court is being marketed by Bruton Knowles’ Northallerton office on behalf of Scarborough Borough Council. From Bruton Knowles, Ginny Stockill, said that regenerating the site would... Read More


Society of British and International Design Opens Ukraine Representative Office

Society of British and International Design Opens Ukraine Representative Office

Posted on November 5, 2015 12:45 pm by Chris Grigorovsky under Industry News, Misc

The Society of British and International Design (SBID), has announced that its representative office in Ukraine, Kyiv, has now been officially opened, with the launch taking place on October 21 2015 at the British Ambassador's Residence and hosted by Her Britannic Majesty's Ambassador Judith Gough. SBID is the professional accrediting... Read More

Angel Court Construction Hits Half-way Point

Posted on November 4, 2015 3:45 pm by Chris Grigorovsky under Commercial Sales and Lets

Construction work on Mitsui Fudosan UK and development partner Stanhope's 300,000 sq ft prime London City office building at Angel Court has reached the half-way point ahead of its completion in Q4 2016, which is set to supply much needed high quality space to the City. Situated next to the Bank of England, the 24 storey building... Read More

Iconic Kildare House back on market after hospice scheme is abandoned

Posted on November 4, 2015 12:17 pm by Editor in Chief under Business News, Commercial Developments, Industry News

Kildare House, which lies near Winscombe, finds itself back on the market following a decision by Weston Hospicecare not to proceed with a planned transition. Formerly known as Mooseheart, the iconic country house will now have a guide price of £1.75m and will be marketed jointly by Colliers International and Hobbs & Webb of... Read More

Business Rates Appeals Efficiency Proves Costly

Posted on November 3, 2015 4:00 pm by Chris Grigorovsky under Business News

In a bid to deter speculative appeals, The Government has launched proposals to create a more efficient business rates appeals system. However, it comes at a cost says commercial property agent, Prop-Search. A consultation paper from the Government has been published which proposes that a fee in the region of £100 and £300 would be... Read More


Central London Office Market Vacancy Rate at all Time Low

Posted on November 3, 2015 11:20 am by Chris Grigorovsky under Commercial Sales and Lets

In Knight Frank's recently released Central London Quarterly Report, it said that vacancy rates in Central London offices has hit a 14 year all time low, with expectations of an historic low occurring in the next two years. The report shows that the West End was one of the biggest contenders, with vacancy levels at its lowest since... Read More

InfraRed Acquires North West Industrial Estates for £42m

Posted on November 2, 2015 3:00 pm by Editor in Chief under Business News, Commercial Sales and Lets, Industry News

InfraRed Capital Partners Limited (“InfraRed”), on behalf of InfraRed Active Real Estate Fund III, has announced their new portfolio of nine multi-let industrial estates, which was acquired from Stretton Property Group, a regional property company, for £42m. The large portfolio, which comprises industrial properties located... Read More

Will Black Friday Be Deemed “Black My-Day” Once Again?

Posted on November 2, 2015 12:00 pm by Chris Grigorovsky under Business News, Commercial Developments, Economy

After the monumental success that was Black Friday 2014, where, according to Hammerson's Shopper Tribes Report, 66 per cent of consumers used this as an opportunity to treat themselves rather than acquiring Christmas gifts (Black My-Day), retailers are ensuring they're prepared for it all over again with an anticipated surge in footfall and... Read More

Out of Town Park Draws Business to Plymouth Fringes

Out of Town Park Draws Business to Plymouth Fringes

Posted on November 1, 2015 1:00 pm by Chris Grigorovsky under Business News

Commercial space in the centre of Plymouth is under increasing pressure and in return, businesses are being steered towards the Langage estate­ the northern part of the city's premier manufacturing location. Bruton Knowles, the commercial property specialists, have been instructed by Plymouth City Council to market 20,000 sq ft of... Read More

ThreeBude Hotels Up for Grabs for £4.75M

ThreeBude Hotels Up for Grabs for £4.75M

Posted on October 31, 2015 11:00 am by Chris Grigorovsky under Business News, Commercial Sales and Lets

A collection of unique hotels that offer a boutique hotel service with a surf chic twist is currently being marketed by Colliers International with a freehold of £4.75M. The three recently refurbished hotels, Hebasca, An Mor and Tommy Jacks, are situated in Bude on North Cornwall's Atlantic Coast and have a total of 70 bedrooms. It is... Read More

M&S and Next Join Merthyr Tydfil Retail Park

M&S and Next Join Merthyr Tydfil Retail Park

Posted on October 30, 2015 2:00 pm by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets

Hammerson has announced that a brand new 35,000 sq ft Marks & Spencer store has officially opened its doors in Merthyr Tydfil, in the Cyfarthfa Retail Park. The full line store offers consumers the renowned Marks & Spencer ranges, including Limited Edition, Per Una and North coast, plus an 8,000 sq Food hall and a 94-sear M&S Café... Read More


Colliers advises Bruntwood on Aviva’s Commercial Union House

Posted on October 30, 2015 8:30 am by Editor in Chief under Commercial Sales and Lets

Colliers International has advised Bruntwood on the acquisition of Aviva’s Commercial Union House. The 66,249 sq ft property faces the Manchester Town Hall and has a price tag in the region of £20 million. Aviva's Commercial Union House contains a basement and five upper floors, including three self-contained ground floor retail units... Read More


Benson Elliot and Walton Street Capital Joint Venture Acquires €420 million Portfolio

Benson Elliot and Walton Street Capital Joint Venture Acquires €420 million Portfolio

Posted on October 29, 2015 2:50 pm by Chris Grigorovsky under Business News, Commercial Developments, Commercial Sales and Lets

In a joint venture between private equity real estate fund managers, UK-based Benson Elliot and US-based Walton Street Capital, L.L.C., along with a partnership with Algonquin SA, a pan-European hotel portfolio valued at €420 million has been acquired. The portfolio, which comprises eight prime hotels in seven major cities across... Read More

Byron set to debut at union square

Byron Set to Debut at Union Square, Aberdeen

Posted on October 29, 2015 12:30 pm by Chris Grigorovsky under Business News, Commercial Developments, Economy

Hammerson has announced that British restaurant group, Byron, has signed up to open its first ever restaurant in Scotland at Union Square in Aberdeen within a few months. Byron's new 3,751 sq ft unit will be situated on the first floor of the centre next to Handmade Burger Co and join an already reputable list of other restaurants,... Read More

Autumn shopping bonanza set to bring pre-Christmas cheer to retail

Autumn Shopping Bonanza set to bring pre-Christmas Cheer to Retail Sector

Posted on October 28, 2015 3:51 pm by Neil Bird under Economy

Shoppers are not waiting for the festive season to start spending this year, new research from intu reveals. In fact most British adults have a full shopping list to complete before the end of November – but what items top the list varies from region to region. Following evidence of increasing consumer confidence over recent months,... Read More

Urban & Civic submits plans to regenerate key Manchester City Centre site

Urban&Civic submits plans to regenerate key Manchester City Centre site

Posted on October 28, 2015 10:14 am by Neil Bird under Commercial Developments

Urban&Civic has submitted a planning application to Manchester City Council for the reworked scheme to regenerate a key site on the corner of Princess Street and Whitworth Street. The proposal includes plans for a 148-room 4 star hotel, 238 apartments, ground floor commercial units and a new landscaped public square over the... Read More

Only One Unit Remaining at North Tyneside Industrial Scheme

Only One Unit Remaining at North Tyneside Industrial Scheme

Posted on October 27, 2015 2:46 pm by Neil Bird under Commercial Sales and Lets

Following a spate of lettings at a North Tyneside industrial park, local property agents report that only one unit remains unoccupied. Acting on behalf of Hellens Group, joint letting agents Naylors and Billfinger GVA have secured new tenants for 16 of the 17 units at the speculatively built Larch Court, North Shields, which was... Read More