| the north east
BRADLEY HALL CONTINUING TO DEVELOP ITS PRESENCE IN NORTHUMBERLAND L
eading North East property firm Bradley Hall is continuing to develop
its presence in Northumberland with a range of impressive deals and branch expansions. With offices in Morpeth and Alnwick,
as well as its head office staff marketing and managing commercial property across Northumberland, Bradley Hall is fast becoming the key property firm in the area. Neil Hart, group managing director at
Bradley Hall and BH Group said, “Northumberland is a great place to live, work and play. The area is rapidly becoming a key area for investment and development within the North East. “The Bradley Hall team works closely
with Northumberland businesses and organisations to continue and encourage this development and investment within the county and surrounding areas. “We have welcomed a range of new and
exciting opportunities to the market, including industrial, retail, hospitality and office properties. “The local area is currently benefitting
from multi-million-pound regeneration projects which have already provided the outstanding improvement of many
buildings and areas across the county. Our team has played a part in securing critical investment for the county and its communities, and we look forward to seeing the people and businesses based in the area benefitting from the improvements.” The property firm has managed a range
of sales and lettings in the area, including the development, construction and sale of
IN MY VIEW... D
uring the first half of this year, we saw an impressive amount of commercial
properties sold and let throughout the North East. Deals more than doubled in comparison to the same period last year, giving us confidence that the market is on the up. The increasing number of properties
which Bradley Hall has been instructed to market, enquiries from local, national and international business people as well as the deals made by our team all indicate that the region’s commercial property market is healthy and thriving. Supply and demand is remaining level thanks to the growing number of
a number of commercial properties including; the local Co-Op stores in Pegswood and Ashington, hospitality buildings, offices and the sale of unused land. Its current portfolio includes a number of exciting opportunities for those looking to utilise the booming tourism industry in the area, including pubs, guest houses and an arcade, as well as a number of industrial opportunities.
Neil Hart, managing director of BH Group
businesses and organisations taking up vacant or newly built space, especially the industrial sector. As a result, commercial property prices remain fair, which is then encouraging even more business people to acquire office, industrial, leisure and retail space.
of firms looking to relocate away from the UK. We recently experienced the increasing
The North East
commercial property market has remained resilient, and continues to strengthen.
Political and economic uncertainty has
failed to derail activity. The North East commercial property market has remained resilient, and continues to strengthen. Despite the decision for the UK to leave
Neil Hart, MD 62
the EU, RICS revealed that almost 90% of respondents in its commercial property survey reported they had seen no evidence
interest in the North East property market from overseas investors during our work at the leading international property conference, MIPIM, in Cannes, earlier this year. Myself and other members of the Bradley Hall team attended as part of the Invest Newcastle group, joining representatives to promote investment opportunities in the Northumberland and surrounding areas. Thanks to a flying first half of the year,
we see 2017 as a period of substantial growth for all at Bradley Hall. We continue to secure greater market share and present a strong property services brand to the region. We have expanded our services, adding building surveying and a planning and design arm and our expansion strategy is set to see us grow our team from 35 to around 50 people, which means we can look forward to taking on even more projects. For more information on Bradley Hall’s
commercial and residential services, please visit
www.bradleyhall.co.uk or call the Hood Street office on 0191 232 8080.
COMMERCIAL PROPERTY MONTHLY 2017
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