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Commercial Property News Posts

Pep & Co clothing to launch in poundland stores across the UK

Pep & Co Clothing to Launch in Poundland Stores Across the UK

Posted on December 20, 2016 9:01 am by admin under Business News

It has been announced that Poundland will start selling Pep & Co Clothing Range across 10 Poundland stores across the UK. The Poindland shops that will implement the concession are: Wembley, Woolwich, Hanley, Southampton, Kings Heath, Rhyl, Dudley, Slough, Gillingham and Ilkeston. Pep & Co is a UK fashion retailer based in Watford,... Read More

Gourmet burger kitchen to join leicester's highcross shopping centre

Gourmet Burger Kitchen to Join Leicester’s Highcross Shopping Centre

Posted on December 8, 2016 4:00 pm by admin under Commercial Sales and Lets, Economy

Announced by Hammerson Plc, Gourmet Burger Kitchen has become the latest addition to open at Leicester’s Highcross Shopping Centre, located in Highcross St Peter’s Square. The restaurant plans to open in the summer 2017. Gourmet Burger Kitchen, also known as GBK, is a burger restaurant chain established in 2001 in London. The chain... Read More

Nationwide to close its commercial property mortgage lending business

Nationwide to Close Its Commercial Property Mortgage Lending Business

Posted on November 25, 2016 1:45 pm by admin under Business News, Economy

It has been reported that Nationwide will close its commercial property lending business as the UK’s biggest building society sees a fall in profit. Compared to its profits of £802 million in the six-month period to the end of September last year, the same period this year saw a drop of 13 percent to £696 million. The building... Read More

Honey birdette to join leeds Victoria gate

Launch of Victoria Gate in Leeds

Posted on October 27, 2016 2:16 pm by admin under Commercial Developments, Commercial Sales and Lets, Economy

Victoria Gate in Leeds, one of the major regeneration projects by the UK’s property development and investment firm, Hammerson, opened to the public last week. The new retail and leisure complex has already filled 90% of all its units, and some of the major tenants include John Lewis, Nespresso, Le Pain Quotidien, Neom Organics, T2,... Read More

Honey Birdette to Join Leeds’ Victoria Gate, Further Expanding in the UK

Posted on October 10, 2016 11:09 am by admin under Commercial Developments, Commercial Sales and Lets

It has been announced that Australia’s luxury lingerie retailer, Honey Birdette, are set to open a shop at Victoria Gate, a £165 million shopping centre development in Leeds, which will be completed at the end of October 2016. Honey Birdette has signed up to take a 53 m2 retail unit at the new leisure complex. This is the second store... Read More

Affordable Start-Up Hub in Shoreditch

Posted on September 28, 2016 1:35 pm by admin under Commercial Developments

London, a central hub for UK businesses means the price for workspace is significantly higher than the rest of the country. As a result, a start-up business may end up relocating outside of London. ContainerVille, located in Shoreditch is an “affordable start-up hub", which was made available to the public in the summer of 2014. What... Read More

A tower in the desert

A Tower in the Desert

Posted on September 19, 2016 10:00 am by admin under Misc

Standing at 830 metres tall, the Burj Khalifa skyscraper, located in Dubai, is the tallest structure in the world. The construction work started in 2004 and was completed in 2009. The premises opened in 2010 and is now home for apartments and leisure establishments including a hotel and bars. Due to the height of the building, a buttressed... Read More

Viewing the City of Berlin from the Fernsehturm

Posted on September 12, 2016 1:35 pm by admin under Misc

The Fernsehturm is a television tower in central Berlin, Germany. The Fernsehturm was built between 1965 and 1969, with the intension to become a symbol of Berlin. Today it is visible throughout central Berlin and some of the city’s suburban districts. It is officially the tallest structure in the country, measuring at 368 metres, and... Read More

The H&M Group’s COS and Monki to Open Stores at Cabot Circus in Bristol

Posted on September 6, 2016 2:47 pm by admin under Commercial Sales and Lets, Industry News

The UK’s property development and investment company, Hammerson, has announced the arrivals of two new major international retailers at Cabot Circus Shopping Centre in Bristol, COS and Monki. Both retailers are independent fashion brands under the H & M Group. COS, a brand established in 2007 that offers modern wardrobe essentials... Read More

A Guide to Listed Buildings in the UK

Posted on August 30, 2016 9:00 am by admin under Misc

In the UK, if a property is listed, it will be on the Statutory List of Buildings of Special Architectural or Historic Interest. A listed building cannot be demolished, extended or altered without special permission from the local planning authority. It should be noted that anything can be listed, meaning it does not necessary have to... Read More

Decline of shop vacancy rates in Hemel Hempstead

Posted on August 24, 2016 9:18 am by admin under Commercial Developments, Economy

According to Dacorum Borough Council, there has been a significant decline in the number of empty shops in Hemel Hempstead town centre including Riverside, Marlowes pedestrianised area and Shopping Centre. With the town’s ongoing £30 million regeneration plan of the main shopping area, and Capital & Regional Real Estate Investment... Read More

Thaikhun and Franco Manca to Join Southampton’s WestQuay Watermark

Posted on August 16, 2016 10:34 am by admin under Commercial Developments

It has been announced by Hammerson that a Thai cuisine chain, Thaikhun and Italian pizza restaurant, Franco Manca are the latest restaurants to join WestQuay Watermark in Southampton. It will be the first move into the City of Southampton for both restaurant chains. Previously announced restaurants include Five Guys, Byron Burgers,... Read More

Starting a Business on a Limited Budget

Posted on August 11, 2016 2:39 pm by admin under Economy

In 2015, there were 5.4 million small to medium size businesses in the UK, according to Business Statistics report. If you are looking to embrace having your own business, then you are not alone. One of the major factors that makes would-be business owners dubious, is the funding aspect. However, it has been proven possible to start up... Read More

The revival of UK independent record shops

The Revival of UK Independent Record Shops

Posted on August 3, 2016 4:24 pm by admin under Industry News

There has been a boost in vinyl sales despite the digital technology dominating the market. Records shops have seen a surge in vinyl sales, enhancing their popularity and giving them a new audience. In the hay day, there were over 2,000 independent record stores, but this figure has largely been reduced due to online music sales and... Read More

GSK plans a £275m expansion in its UK sites

GSK plans a £275m expansion in its UK sites

Posted on July 27, 2016 11:30 am by Steph Cowie under Business News, Economy, Industry News

The British pharmaceutical company, GlaxoSmithKline plc, still sees the UK as “an attractive location” regardless of Brexit. Chief executive Andrew Witty backed the Remain campaign, said the decision for investment was due to the UK’s skilled workforce, and modest tax system. Most of the products produced at the expanded sites... Read More

Retail industry sees decline in new shop planning applications

Retail industry sees decline in new shop planning applications

Posted on July 25, 2016 1:00 pm by Steph Cowie under Business News

Potential new retail developments have seen a drop in planning applications, according to a recent report by EMW. In 2015, there were 6,700 applications for new shop builds, compared to 7,360 in the previous year. The lack of applications has seen a 9 per cent drop in the past year, resulting in a seventh decline in a row. Before... Read More

London's high house prices sees workers leaving the city

London’s high house prices sees workers leaving the city

Posted on July 20, 2016 10:06 am by Steph Cowie under Business News, Economy

A recent survey released by The Federation of Small Businesses, has revealed that the housing crisis is pushing employees out of the city. This has seen a quarter of small businesses considering relocating their companies. The report also saw that 57% of owners are worrying about the well-being of their employees, due to the staggering... Read More

Would you open a micropub?

Would you open a Micropub?

Posted on July 15, 2016 4:00 pm by Steph Cowie under Industry News, Misc

Micropubs have recently become trendy and in recent years they seem to be popping up in towns all across the UK. The philosophy is simple, keep it small, keep it simple. They are normally small no-frills pubs that specialize in a specific drink, such as ales, cider and beers. In 2005, the first British micropub opened in a former... Read More


Leeds shopping centre extension creates 350 jobs

Posted on July 15, 2016 12:00 pm by Steph Cowie under Business News, Commercial Developments

The White Rose Shopping Centre’s new leisure extension is estimated to create 350 jobs for the city. Morgan Sindall has been awarded the £13.7m design and build contract by Land Securities which includes a 15-month maintenance period. The latest plans for the development consist of an 11 screen cinema, operated by Cineworld IMAX,... Read More

Exporting is favoured among small businesses

Exporting is favoured among small businesses

Posted on July 14, 2016 2:00 pm by Steph Cowie under Economy

The annual report by UK Export Finance has seen that 77 per cent of the exporters that had benefited from UKEF finance and insurance, were medium size firms and small businesses. It is estimated that there are 7,000 firms in exporter supply chains that also indirectly benefited. Overall, UKEF and their support saw more than £800... Read More

Siemens Keeps UK Investment despite Brexit Caution

Siemens Keeps UK Investment despite Brexit Caution

Posted on July 13, 2016 1:00 pm by Steph Cowie under Business News, Economy

Industrial giant, Siemens, has stated that the UK is still a “good place to do business” despite its previous Brexit warning. Chief Executive at Siemens, Joe Kaeser, told a selection of media groups that the German company will remain fully dedicated to manufacturing across the UK. Siemens currently has 13 plants in the UK and... Read More

Convenience chain enters into administration

Convenience Chain Enters into Administration

Posted on June 30, 2016 2:57 pm by Chris Grigorovsky under Business News, Economy

The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores left. Administrators, KPMG, will now find buyers for the remaining stores and 458... Read More