Monthly Archives: October 2014

Cheshire Munitions Factory Sale attracts ‘Considerable’ Interest’

Posted on 16 October, 2014 by Cliff Goodwin under Business News, Commercial Sales and Lets, Uncategorised

Less than four months after the completion of a five-year £83m transformation BAE Systems is selling its Cheshire munitions factory. Commercial property consultants GVA says it has already received “considerable” interest from British and overseas... Read More

Pub Chain beats Rivals with £1.2m bid for Belfast Church

Posted on by Cliff Goodwin under Commercial Sales and Lets, Uncategorised

A bidding frenzy has pushed the sale price of a former Northern Ireland Methodist church to £1.2m — three times its guide price. The Grade II listed church on Belfast’s University Street was previously owned by the Ballygowan-based Soll... Read More

UK hailed as ‘Job Creation Capital’ following fall in Unemployment

Posted on 15 October, 2014 by Kirsten Kennedy under Economy, Uncategorised

One major benefit of the economic recovery has been the consistent drop in unemployment figures, which today reached their lowest level since late 2008. According to the Office for National Statistics (ONS), this is largely due to the past year yielding the... Read More

Overseas Investors own almost 25% of UK Commercial Property

Posted on by Kirsten Kennedy under Industry News

As one of Europe’s most stable economies, Britain has attracted a great deal of investment attention in the past few years. This has seen the number of commercial properties owned by overseas investors rise sharply, with this group now holding around 25 per... Read More

Huddersfield Shopping Centre expansion plans welcomed by local Business Leaders

Posted on by Kirsten Kennedy under Top Properties

The Kingsgate Centre is currently one of Yorkshire’s most successful retail destinations, with the Huddersfield town centre development attracting consistently strong levels of footfall all year round. However, owner WD Huddersfield Ltd has now... Read More

Croydon prepares Business Rates Autonomy bid and Permitted Development Crackdown

Posted on by Neil Bird under Industry News

Croydon has called for greater business rates autonomy to support its plans to transform the London borough into a premier office location. The council hopes to create close to 3 million sq ft of Grade A office space in a bid to attract tech and... Read More

Sharp fall in Retail Sales blamed on Indian Summer

Posted on by Kirsten Kennedy under Business News, Economy

The beginning of the year saw retail sales pick up strongly following several years of decline. This upturn contributed to increasing demand for retail property in key locations and the first rise in rental values in the sector since the recovery.... Read More

Investment Managers toast acquisition of prime Birmingham Nightspots

Posted on 14 October, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Specialist investment management firm Kames Capital is toasting the acquisition of two of Birmingham’s most popular nightspots. Kames has purchased the Mechu and Après nightclubs on Summer Row from Town & Country Inns as a means of boosting... Read More

Minister gives backing to Belfast Quays project

Posted on by Cliff Goodwin under Commercial Developments

A Northern Ireland Government minister has claimed the benefits from a multi-million pound scheme to regenerate Belfast's historic docks far outweigh the effect it will have on nearby landmark buildings. Announcing outline planning permission for the... Read More

Rising Farmland Values bring Fields of Gold

Posted on by Neil Bird under Commercial Sales and Lets

The value of English farmland increased by 2 per cent in Q3, taking the rise in the year to date to 12 per cent. Year on year, values have risen by an average of 15 per cent, outperforming the housing market (+10 per cent), the FTSE 100 (+5 per cent) and gold... Read More