| the north east
SPACE AVAILABLE AT NEWCASTLE’S LEADING OFFICE DEVELOPMENT O
ne Trinity Gardens is one of Newcastle’s premier office buildings,
offering Grade A accommodation in a superb setting. The development is ideally situated on Newcastle’s world-famous Quayside which has been transformed over recent years to provide an area bustling with life. Many top businesses now base offices here, taking advantage of the wonderful location with its iconic views of the Tyne and Millennium Bridge, together with the Sage Music Centre and the Baltic Centre for Contemporary Art. Robert Patterson, partner at Sanderson
Weatherall, which is marketing the space, commented, “This is a fantastic opportunity for a business to acquire some of the best available office space in Newcastle. “The spaces available include whole or
part of the 21,695 sq ft 4th floor, and 6,671 sq ft on the 6th floor. The 6th floor is within the mansard of the building and provides creative quirky space at a very competitive rent for a Quayside office address.” The magnificent entrance at One Trinity
Gardens includes a stunning full height central glazed atrium set behind a distinctive circular garden feature with a
central sculpture. The Quayside multi- storey car park immediately opposite provides up to 500 car park spaces with provision for cycle parking. Tenants can take advantage of the Tesco store on site whilst Quaylink is a hybrid bus link from the Quayside to Newcastle’s main shopping
IN MY VIEW...
like-minded surveyors looking to create a one stop shop for commercial property requirements and, after 9 years, they are still going strong in what has been a turbulent regional market. The Company is now headed up by Directors, Richard Finney, together with Mark Robertson who provides support via his team of valuers and building specialists. With the
N Richard Finney
dust now settling on the recession, although nobody can predict the future, particularly with the fallout from the election and ongoing Brexit negotiations yet to make their mark, the North East market is showing signs of recovery and
58
orth East Commercial Property (NEC) were established in 2008 by three
area. Other occupiers at One Trinity Gardens
include Allied Irish Bank, Bond Dickinson, Deloitte, RBS, St James Place Wealth Management, Aecom, Nomad Digital, Silk Law and BNP Paribas Real Estate. Joint Agents are BNP.
by Richard Finney, Director, North East Commercial
some positive inward investment. NEC operate predominantly within
the local market and offer a range of opportunities from prime sites in the City centres to smaller opportunities in rural locations. There appears to be strong demand for all types of opportunities throughout the region and outside investors are also starting to come into the local market which is very encouraging. NEC are listing prime office space on Grey Street, Newcastle on one section of their website through to land sites in Beamish, Co. Durham at the other end of the spectrum. In addition to the traditional agency
work, NEC have a team of valuers who carry out work for High Street banks, private investors and pension funds. They also offer rent review and landlord and tenant advice and overall can service and solve most commercial property issues - NEC even sold a residential property this year on behalf of a longstanding acquaintance! The majority of their transactional
business is done with local business operators and entrepreneurs who are generally knowledgeable and know what they want. Director, Richard Finney,
explained “as our reputation for dealing specifically in the North East market grows, we are beginning to get instructions from clients outside the region looking for an agent with strong local contacts. We have recently sold investment properties for clients based in Gloucester and Merseyside and, as we suggested to the client, both properties were acquired by active local investors”. In addition to the traditional
commercial property transactions, NEC also has a vibrant business transfer department. Again this offers a specific service to North East operators, and is particularly strong in food lead business sales. Richard continued “Newcastle City
centre is a particular hot spot at the moment, particularly Grey Street and the immediate area, and we recently put a café opportunity under offer within 4 days following a flurry of viewings with interested parties who were pre- registered”. With a settled and knowledgeable
sales team, NEC can quickly match opportunities to potential buyers and take the stress out of trying to sell or lease out a property or business.
COMMERCIAL PROPERTY MONTHLY 2017
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