www.lofthouseandpartners.co.uk

Monkton Business Park Appointment for L&P

Wed, 28 Mar 2012 09:55:19 +0100

Lofthouse and Partners have been appointed as joint Letting Agents on Monkton Business Parkon behalf of Robertson Group and City and Northern. Blue Sky Way forms part of Monkton Business Park and is located just off the A184 providing immediate road links to the A19 and the A1. The Business Park is centrally positioned to the conurbations of Sunderland, Washington, Newcastle upon Tyne and South Shields. The buildings are fitted to a high standard and have parking facilities. Generous incentives are being offered and buildings from 1820 ft2 (169 m2) to 2235 ft2 (208 m2) are available.

Travelodge sign up for Sunderland Hotel Scheme

Wed, 14 Mar 2012 11:37:50 +0000

Plans for a city centre hotel scheme have now been approved by Sunderland City Council. Travelodge will build a new 82 bedroomed hotel in the Sunniside area of the city. Demolition and site clearance will start late 2011/early 2012. The hotel will incorporate retail, office, and leisure space at street level with the hotel accommodation over the remaining floors. The hotel will be located on the site of the former Keith Oxman car showroom but will also incorporate the adjacent buildings which had been occupied by Darke Cycles, World Furnishings and an office building tenanted by Sunderland City Council. Lofthouse and partners have represented a number of land owners in the sale of various property interests over the past 18-24 months.

Prime Retail Acquisition concluded in Darlington

Wed, 29 Feb 2012 10:51:59 +0000

We have recently acquired retail premises within The Cornmill Centre Darlington for retained client D & H Jewellers who are a successful regional Jewellery retailer. We undertook all negotiations on behalf of our client securing very favourable terms taking their total number of units in the region to 6 with more planned in the next year.

2 Major City Centre Office Lettings Completed

Wed, 15 Feb 2012 16:36:55 +0000

We are pleased to announce the letting of 2 large city centre office buildings on behalf of separate clients both deals being concluded in the third quarter of 2011. Lynas House comprised offices totalling 7227ft2 (671m2) arranged over 2 floors.   The space was fully refurbished by GMB who were advised by Lofthouse and Partners. The building was fully DDA compliant with comfort cooling and lift access to the first and second floors. The property was let to Ingeous, a national training provider and achieved a record rent per square foot for the city centre. We have also concluded a Letting of Havelock Buildings which is situated at the junction of High Street West and Fawcett Street. The premises are arranged over 2 floors totalling 7769ft2 (722m2) having previously been occupied by North East Chamber of Commerce. The property has been let to national training organisation Action for Employment (A4E). These Lettings are believed to be the largest office deals in terms of floor space in the City Centre for a number of years.

Havelock Buildings                                                                                       Lynas House

Cash Converters take additional space in Newcastle

Wed, 01 Feb 2012 09:57:06 +0000

Acting on behalf of the Landlord we have negotiated a Lease of 163 Shields Road, Byker to Cash Converters. The property was arranged over 2 floors and was taken by Cash Converters to provide expansion space for their adjacent store.

Doxford International Business Park Letting

Wed, 18 Jan 2012 15:25:04 +0000

The Letting of a Ground Floor office suite at Teleport House on Doxford International Business Park has now been completed. The Suite extends to 2650ft2 (246m2) and includes 12 car parking spaces. The premises were let to IT Company Celerity who relocated from premises nearby. Lofthouse and Partners represented the Landlord.

Rent Arbitration success at Hartlepool Marina

Thu, 15 Dec 2011 12:31:15 +0000

Over the last couple of years we have seen an increase in the number of rent review disputes between Landlords and Tenants with many simply not being able to reach agreement and having subsequently to be referred to 3^rd party. We recently had such a case at Hartlepool Marina were we were acting on behalf of Hartlepool’s premier restaurateur Krimo. After making our representations to the Independent expert we able to agree a minimal uplift for the tenant. Please contact Marc Weaver for specialist lease advice.

Children’s Society take space in South Shields

Fri, 25 Nov 2011 10:15:20 +0000

The Children’s Society have agreed a lease of 371 Prince Edward Roadand have now taken up occupation following shop fitting. Lofthouse and Partners represented the Landlord on behalf of whom the property is managed and as part of the deal the Landlord carried out enabling and initial building works to the premises. The Children’s Society have now taken up occupation and have commenced trading.

Travelodge sign up for Sunderland Hotel Scheme

Mon, 24 Oct 2011 15:06:58 +0100

Plans for a new city centre hotel scheme have now been submitted to Sunderland City Council. Travelodge have made a planning application for a new build 82 bedroomed hotel in the Sunniside area of the city. Approval of the plans are expected this year prior to demolition and site clearance in late 2011/early 2012. Lofthouse and Partners represented a number of land owners in the sale of various property interests over the past 18-24 months. The hotel will incorporate retail/office/leisure space at street level with the hotel accommodation over the remaining floors.

New Durham Office Open for Business

Tue, 06 Sep 2011 12:23:34 +0100

We are pleased to announce the opening of our new Durham office on 5th September which is located at Belmont Business Park. The Durham office will service growth into the County Durham area and beyond to cater for increased demand for our services in Durham, Darlington, Bishop Auckland, Teesside, North Yorkshire and the North West. The Directors are expecting the move to spur further growth for the firm which boasts some of the region’s most successful companies, including Hays Travel, Norchem Pharmacies, Sunderland City Council and Sir John Fitzgerald, as clients. Lofthouse and Partners are one of the longest established independent Commercial Property Practices in the North East, having been formed in 1985. Directors Mario Jaconelli and Marc Weaver joined in 1988 and 1996 respectively, before taking over the company from the original founder in 2006. Marc Weaver said: “Our client base outside of the Wearside area has grown considerably over the past 25 years with services being provided solely from our Sunderland office up until now. What people perhaps don’t realise is that we have very a strong presence in North and South Tyneside,Durham, Teesside and beyond. Our new Durham office will link tgether our coverage of the North East, servicing our clients in the south of the region complimented by our head office which will remain in Sunderland. The time is right and the expansion is a natural progression for our company.”

We will offer our full range of services, which includes property marketing, acquisitions, rent reviews, lease renewals, rating appeals, property management and valuations, to expand upon a growing portfolio in the Durham area, which has recently included sale of the Former United Reform Church on Claypath.

Mario Jaconelli said: “Here we had an amazing property located in the cultural heart of Durham. However, the efforts of many agents to target bar and restaurant operators had failed. As the building has retained many of its original features, we decided upon a wider marketing strategy when we came on board, and in the end the property was successfully sold to a religious organisation who will continue to use the property as a place of worship following extensive renovation works.”

New Branding

Thu, 11 Aug 2011 12:17:17 +0100

As we enter out 26^th year in business we have just completed a re-branding exercise. Whilst we have retained our bold colours of red and white which have been with us since 1985, our designers came up with a clean new logo which has now been applied right across our corporate branding and marketing material including letterheads, brochures, website and marketing boards. The new website went live in March and now incorporates a full PDF download facility in keeping with demands for 24 hour instant access to details for each of the properties we are marketing. We would like to thank DMS Design and Prontaprint for their design and print input and City of Sunderland Economic Development Team for their support and financial assistance in securing a marketing grant.

Love your Feet

Thu, 04 Aug 2011 09:15:52 +0100

Footlove isNewcastle's first exciting Garra Rufa Fish Spa which opened in 2010 in Forth Street Arches,Newcastle. The Garra Rufa fish are renowned for their ability to find and feed off dead surface skin leaving feet feeling softer and smoother originating fromTurkeyand theMiddle East. Lofthouse and Partners are retained by Footlove Garra Rufa Spas to acquire retail premises in Durham City following the acquisition of premises inNewcastlelast year.

Norchem Pharmacy Appointment

Thu, 21 Jul 2011 09:30:04 +0100

We are pleased to announce Lofthouse and Partners have been appointed to act on behalf of Norchem Pharmacies Limited. Norchem are a wholesaler and retailer of pharmaceutical items with circa 20 retail units across the North of England. Lofthouse and Partners will advise on their current portfolio with the aim of seeking improved locations for their existing shops and accordingly dispose of premises which have become surplus to requirement where relocations have taken place. We are also appointed to advise on Landlord and Tenant matters including Rent Reviews and Lease Renewals and also Rating Appeals.

Hays Travel Relocate in Hartlepool

Thu, 14 Jul 2011 15:38:17 +0100

On behalf of Hays Travel Limited we have concluded negotiations to acquire premises inYork Road,Hartlepool. The property will replace their existing store in Middleton Grange Shopping Centre where Hays have been Tenants for a number of years. The re-site decision was taken as a result of Hays wanting a more stand alone position outside of the shopping centre.

Hartlepool Club Site Sold

Thu, 07 Jul 2011 11:05:53 +0100

Negotiations have been concluded in the sale of the Former Iona Social Club in Hartlepool on behalf of the owners. The property comprises a purpose built Social Club on a large prominent corner site on one of the main arterial routes leading into Hartlepool Town Centre. The property has been sold to West Hartlepool Rovers Amateur Quoits Club who are relocating from premises nearby.

Former County Durham Laboratory Premises Sold

Mon, 06 Jun 2011 16:47:33 +0100

On behalf of Bodycoat PLC we are pleased to announce we have disposed of their former food testing laboratory premises on Seaham Grange Industrial Estate, CountyDurham. The property was purpose built in the last 10 years and comprises a 6,058 ft2 (563 m2) single storey production facility with offices and parking on a 0.8 Acre site located on Seaham Grange Industrial Estate immediately adjacent to the A19. The property has been sold for a similar use to an owner occupier who was previously leasing premises nearby.

L & P win Doxford & Belmont Office Instructions

Thu, 12 May 2011 09:00:21 +0100

Lofthouse and Partners have successfully won instructions to market offices space on 2 further major business parks within the region at both Doxford International and Belmont Business Parks which are located in Sunderland and Durham respectively. This follows our successful appointment on Hylton Riverside on both Tower House and Avalon House. The building at Belmont totals 1985 ft2 (184 m2) and provides Grade A office accommodation with 7 allocated parking spaces. The Doxford building is on the Ground Floor of Teleport House and comprises 2650 ft2 (246 m2) of offices and includes 12 parking spaces. The suite has now been let to a National IT Company.

Collinson’s Jewellers take additional space

Tue, 03 May 2011 14:24:54 +0100

Collinson’s family jewelers have recently expanded their existing Sunderland store. Collinson’s originally traded from a single unit but have subsequently acquired 2 adjacent units giving them a new look store with extensive frontage to Crowtree Road. The store which is immediately opposite Debenhams, has now undergone a complete refit and is fully open for trading. Lofthouse and Partners acted in negotiations on behalf of Collinson’s with the Landlord in respect of the Lease. This follows our acquisition of a separate store for Collinson’s within the Bridges Shopping Centre, Sunderland last year when they opened a new Pandora concept store.

Durham City Church Sale Completes

Wed, 13 Apr 2011 12:50:11 +0100

Following instructions to market the Former United Reformed Church in Claypath Durham City we are able to report that a sale of the freehold interest has now been completed on behalf of the Vendor. The Landmark stone built Grade II listed building was constructed in1885 and masks a Presbyterian chapel behind which dates back even further to circa1751. The property which totals 6223 ft2 (578 m2) had the benefit of planning consent for use as a Restaurant although ironically it was sold to another religious organisation and it will therefore remain in use as a place of worship for the foreseeable future.

TAPS open New Teesside Branch

Thu, 31 Mar 2011 09:25:11 +0100

We are pleased to announce our appointment to act on behalf of TAPS to assist with their expansion plans. TAPS are the plumbing and heating supply arm of regional builder’s merchants A Thompson & Sons Limited on behalf of whom we have recently negotiated terms to secure premises on their behalf at Teesway Park, Portrack Lane, Stockton. The premises benefit from high visibility from the A19 flyover and extend to circa 4500 ft2 (418 m2) being part of a larger development of brand new trade counter units. Fit out works have now been completed and the branch is now open for trading with additional branches planned for the future.

Tesco Open For Business

Fri, 11 Mar 2011 15:25:24 +0000

The new Tesco Express Store is now open for business at Durham Road, Blackhill, near Consett in County Durham. Yorkshire based Oakapple Commercial appointed Lofthouse and Partners to advise on the scheme which resulted in a pre-letting of 4365 ft2 to Tesco. In addition the scheme provides 11 two bedroomed apartments over 2 floors plus 2 further retail units which benefit from open A1, A2, A3 and A5 planning consent. The remaining retail units are each circa 1045 ft2 and are now available.

Salvation Army March Into Chester Le Street

Thu, 10 Feb 2011 15:46:51 +0000

Acting on behalf of retained clients we have secured a letting of a prime retail unit in Front Street, Chester-le-Street. The Salvation Army Trading Company, who now have in the region of 100 units nationally, have taken 1412 ft2 of retail space on a new Lease. The unit occupies a prime position within the Town Centre adjacent to Hallmark Cards and Halifax.

New Logo And Website Coming Soon

Mon, 31 Jan 2011 14:24:06 +0000

Lofthouse and Partners celebrated its 25^th Anniversary in 2010 and we are pleased to start 2011 with the launch of our exciting new logo which will be incorporated right across our branding including marketing boards, company literature and head office signage. We are also in the process of building a new website which will be more “client friendly” and laid out in an easier to use format with a full PDF download facility for each of the properties we are marketing. The new websiste should be up and running by the end of February.
Your feedback is welcomed so please tell us what you think enquiries@lofthouseandpartners.co.uk.

Prime City Centre Investment Sale Completes

Thu, 13 Jan 2011 12:38:09 +0000

The sale of a prime City Centre retail investment has now been completed. Acting on behalf of an offshore property company Lofthouse and Partners have negotiated the sale of the substantial building in High Street West which is close to M&S, McDonalds, Mothercare and Argos. The ground and lower ground floors are let to national retailer Brighthouse at a rental of £73,000 pax and the upper two floors comprised a former nightclub sold with vacant possession. The selling price was undisclosed.

Ultimate Moto Open New Motorbike Showroom

Thu, 09 Dec 2010 11:19:27 +0000

Motorbike retailer Ultimate Moto have opened their new showroom in South Tyneside. Ultimate Moto Director Mark Turnbull said “being a new start business, location was absolutely critical for us. We needed somewhere high profile, secure and relatively new in keeping with our brand image. After looking around at various locations I found it hard work and very time consuming given that I was working full time whilst setting the business up. I met with Mario Jaconelli from Lofthouse and Partners and immediately felt comfortable in leaving him with a brief which had to be fulfilled to my own high standards. Within the same week he came back to me with a number of options and after careful consideration we decided on a recently built unit in Boldon close to Asda and Boldon Business Park. We knew immediately this would be perfect to house our motorcycle shop as it had excellent links with major road networks, off street parking and a secure compound. Ultimate Moto would like to thank Mario and his team at Lofthouse and Partners for all their hard work and guidance through the commercial property minefield and I would certainly have no hesitation in recommending them”

L&P ADVISE ON HAYS EXPANSION INTO NORTH WEST & NORTH YORKSHIRE

Fri, 05 Nov 2010 09:57:10 +0000

We are pleased to announce having concluded negotiations to acquire 10 new retail stores on behalf of Hays Travel Limited. The acquisitions took place across the North of England including stores in Bolton in the North West and major towns in North Yorkshire including Thirsk, Malton, Ripon, Pickering, Pocklington and Knaresborough. Hays now trade from in excess 40 units throughout Northern England and the Midlands from Ashington in the north to Beeston in the Midlands. Further store openings are in the pipeline with announcements to be made shortly. Lofthouse and Partners are fully retained by Hays Travel to advise on all UK commercial property matters.

AGE CONCERN – SOUTH TYNESIDE RELOCATION

Tue, 14 Sep 2010 09:57:08 +0100

We were instructed by Age Concern to advise on property matters in respect of their South Shields office. Age Concern had been leasing an existing office building and after initially handling a rent review on their behalf we were able to trigger a lease break option and advise upon their extraction from that liability. We also sourced a Freehold opportunity nearby and we were retained to acquire a new South Tyneside headquarters building. Lofthouse and Partners handled all negotiations in respect of the acquisition of the new premises upon which the purchase has now been concluded. The move resulted in a doubling in size on their existing accommodation and the new building is located within the towns prime office area of Beach Road. Our extensive knowledge of the local market enabled us to handle all negotiations on the clients behalf and secure a large reduction over the initial asking price.

GREGGS JOSTLE FOR BETTER POSITION ON THE HIGH STREET

Mon, 16 Aug 2010 12:11:14 +0100

Acting on behalf of a Property company we have secured a letting of the former Stead & Simpson unit in Newbottle Street, Houghton-le-Spring. The property occupies a prime position within the Town Centre close to a number of national multiple retailers. We are pleased to report having secured a letting to Greggs The Bakers PLC on behalf of the Landlord. Greggs were already represented within Newbottle Street however required a larger store in a more prime position. Working closely with the Landlord, the Tenant and the Main Contractor throughout, Lofthouse and Partners negotiated terms for a new lease and also agreed a schedule of Landlords alterations which involved increasing the size of the sales area and creating a more open plan layout to meet Greggs high street trading requirements.

COUNTRYWIDE TAKES SPACE IN STOCKTON ON TEES

Fri, 16 Jul 2010 09:30:10 +0100

Acting on behalf of National Estate Agency Chain Whitegates we have now secured an assignment of the Lease of their former Stockton branch. The modern property formed part of a larger retail/office development which is regarded as the main estate agency pitch within the Town Centre Countrywide Estate Agents were the successful applicant after being one of 3 potential tenants in competition to secure the unit.

NEW SUNDERLAND STORE FOR PANDORA

Thu, 17 Jun 2010 12:41:15 +0100

Acting on behalf of Collinson’s Jewellers we have acquired a prime retail unit within the Bridges Shopping Centre, Sunderland. Collinson’s are well respected and long established family retail jewellers who have secured the rights for the first and only Pandora concept store within Sunderland City Centre. The unit occupies a prime position within Phase 2 adjacent to Starbucks and Claire’s Accessories and immediately opposite 02 and Beaverbrooks.

Rachael Mather from Collinson’s Jewellers said “whilst we know Pandora inside out having been retailing their products in our existing store for about 4 years, commercial property is something of a minefield. We had been looking for a suitable location for our Pandora concept store for approximately 2 years. As soon as we found the right location we contacted Lofthouse & Partners to act on our behalf. We have had previous dealings with L&P and their reputation speaks for itself. They advised us from start to finish and negotiated excellent lease terms with the schemes owners Land Securities. The Pandora store opened in March and is trading very successfully. The general feedback from customers and retailers is that this is the kind of store Sunderland has needed for a while now and trade is going from strength-to-strength. The Bridges are thrilled to have secured a fantastic brand in Pandora which is a welcomed addition to the City’s current retail offer. Thanks again to Mario Jaconelli and the team at Lofthouse and Partners for all their help and advice”

Lofthouse and Partners 25th Anniversary

Fri, 07 May 2010 12:09:38 +0100

This year we celebrate our 25th anniversary and are very proud to have reached this important landmark in the company’s history. Established in Sunderland in 1985 Lofthouse & Partners have evolved into a multi disciplinary general surveying practice with a majority market share in Wearside. We specialise in all aspects of Commercial Property including Agency, Acquisition, Landlord and Tenant matters, Valuations, Rating Appeals and Property Management. Whilst we will continue to represent local individuals who have supported us over the past 25 years, our client base now extends to multiple retailers, UK and overseas property companies and high street banks. Our property management portfolio reaches not only across the North East of England but over to the North West and down as far as South West UK.

HLA Success leads to relocation to Boldon Business Park

Fri, 09 Apr 2010 10:30:46 +0100

HLA Services Ltd have appointed us to deal with acquisition of new Head Office premises and have completed on a property at Boldon Business Park, South Tyneside. HLA Services Ltd are a heating ventilation and air conditioning company established in 2003 having grown from 2 to over 60 employees. They have a large number of contracts throughout the UK for both maintenance and new installations for a wide range of customers including many blue chip and leading high street chains. The company also specialise in industrial and commercial pipe work, plumbing and electrical services.

Service and Maintenance Director Neil Henry said “we appointed L&P because of their reputation in the North East and the exceptional service from our initial enquiry. My fellow directors realised that we didn’t have the time or expertise to source and negotiate terms on our new HQ so we decided to leave L&P with a requirement criteria and they did the rest. We managed to secure a lease with an option to purchase which allowed us the flexibility required to grow”

The company hopes to complete their relocation to Boldon Court by January 2010 which will allow them to further expand to meet the markets growing requirements.

RDA relocate Monkton

Mon, 15 Mar 2010 15:29:36 +0000

In our previous edition we advised on our appointment to act behalf of Restaurant Design Associates to seek and acquire premises to replace their existing office on Boldon Business Park. We are pleased to report negotiations have now been concluded to acquire a brand new 4,500 ft² unit at Apollo Court on Monkton Business Park.

RDA director Judith Addyman said “my husband and I formed Restaurant Design Associates (RDA), almost 3 years ago and we initially worked from a small office on Boldon Business Park. We specialise in the provision of design consultancy and turnkey installation services to the Hospitality Industry throughout the UK. Due to on-going success and rapid expansion we realised we had outgrown our premises earlier this year. On the advice of our solicitor, Christopher Potts of Patterson Glenton and Stracey, we appointed L&P to source new offices for us in the South Tyneside area to service our regional and national client base. It was apparent from our first meeting that L&P had extensive knowledge, experience and contacts within the commercial property sector. This was invaluable to us as we had no experience ourselves within this field and we could leave L &P to get on with all the negotiations on our behalf until they were able to secure what we thought was an excellent deal for us at Apollo Court on Monkton Business Park. We have now completed the lease and are due to move into our new premises within the next few week".

Crazy Clearance expand into Seaham

Mon, 15 Feb 2010 11:08:59 +0000

We have been appointed as Retained Agents to act on behalf of Crazy Clearance, the discount retailer, to assist with their expansion drive. We identified premises in Seaham Town Centre as being suitable and have now concluded negotiations to acquire the former Your More Store in Church Street. The premises had been vacant for a number of years and we were therefore able to negotiate very favourable terms for our client. The 3,500ft² Seaham store is due to open in November 2009 and will see Crazy Clearance increase their number of outlets to 3 adding to their existing stores in Blaydon and Wallsend. Further acquisitions are proposed for 2010.

Armour secure more space

Fri, 15 Jan 2010 11:57:16 +0000

On behalf of retained clients Armour Plastics we have acquired an additional 32,500 ft² of industrial space on Pattinson Industrial Estate, Washington. Armour are manufacturers of acrylic sanitary-ware and also design and manufacture machinery for thermoforming plastics. Armour also has a production facility in Sunderland and this additional space allows them to expand into new markets.

Pandora box clever in Washington

Wed, 16 Dec 2009 16:49:55 +0000

On behalf of Kings Jewellers we have acquired a second unit in Washington Town Centre. Kings currently trade from units in Sunderland, Darlington and Durham City. Representing the tenant, and using our extensive knowledge of the Retail sector, we were able to assist this retained client to negotiate excellent terms and limited repairing liability within The Galleries Shopping Centre.

Tesco Coming Soon

Wed, 28 Oct 2009 16:48:40 +0000

Work has now started on Oakapple Commercials mixed use retail and residential scheme at Blackhill, Consett in County Durham. The suburban retail parade on Durham Road comprises 3 shop units with 11 residential apartments above and is on the site of the former Pimpernel Print works. We have concluded negotiations with Tesco who will anchor the scheme and 2 further retail units are now available each benefiting from A1, A2, A3 and A5 planning consent. Completion of the development is scheduled for March 2010.

Newcastle Office Acquisition Completes

Wed, 06 May 2009 14:17:33 +0100

We are pleased to report that we have now concluded negotiations on behalf of ContourGlobal to acquire offices within Rotterdam House in the heart of Newcastle’s bustling Quayside. After short listing a number of suitable offices, Rotterdam House was selected because of its prestigious address and close proximity to quality hotels, restaurants and bars and transfer time to Newcastle Airport. The premises extend to 7267 ft²and directly overlook the Baltic Art Gallery and iconic Millennium Bridge. Our clients have now taken up occupation of the premises following a refit and relocated staff from their office in Durham.

Durham City Restaurant Occupier Sought

Fri, 17 Apr 2009 14:13:54 +0100

A proven Restaurant operator is being sought for the iconic former United Reform Church in Durham City. The unique listed building and extends to 6223 ft2 and has planning permission for use as a Restaurant. The premises are located in the heart of Historic City of Durham which enjoys a thriving student population complimented by high levels of tourism. This area is now accepted as the emerging cultural quarter and has seen extensive redevelopment of Walkergate including the Gala Theatre and Cinema and a 500 space secure car park. Proven occupiers attracted include The Slug and Lettuce, Fat Buddha. Lloyds No1 Bar, Epernay Champaign Bar, Ask, Chiquito, Love Shack and Nandos. Radisson SAS and Premier Inn Hotels have also gained representation within the city and going forward the Claypath area is earmarked for further large-scale redevelopment, information upon which is detailed at http://www.durhamvision.org.uk/.

Full details are available upon request.

Global Client prefers Local Knowledge

Thu, 22 Jan 2009 16:21:57 +0000

We have successfully won instructions to represent worldwide energy company ContourGlobal in acquiring a new head office in the North East of England. The company currently have offices in the USA, South America, Ukraine, Europe, London and Durham and are looking to establish a high profile HQ in the North East to replace their Durham offices which the company have now outgrown. The brief also includes the disposal of their Durham offices. Mario Jaconelli of L&P said “We are pleased to be working with a worldwide organisation on this project having pitched against some national firms. A number of potential locations are currently being considered with Newcastle City Centre topping the shortlist at this stage. Part of our clients brief was for the new offices to be Grade A specification and to be within walking distance of good quality hotels, restaurants and bars whilst being close to the Airport. Newcastle ticks all those boxes"

ContourGlobal develops, acquires and operates electric power around the globe focusing upon high-growth, under-served markets working closely with governments, banks and multinational clients delivering power project development.

First commercial tenant Signs up for Echo24

Mon, 15 Dec 2008 12:38:25 +0000

Echo 24, the landmark 11 storey mixed use development which dominates the city skyline overlooking the Wearmouth Bridge, is set to welcome its first commercial Tenant. Asiana, an oriental fusion restaurant, has taken 5126 sq ft (476 sq m) within the Ground Floor by signing up to a Lease of Unit 2. Asiana have commenced extensive fit out works and are expected to open March/April 2009. Asiana will bring together foods from across the Asian Continent including Chinese, Malay, Thai and Japanese. Lofthouse and Partners (L&P) acted on behalf of Glenrose Developments in concluding negotiations and are now marketing the last remaining unit which extends to 6259 sq ft (581 sq m).

Mario Jaconelli, director of Agency at L&P said "we have worked hard with the developer and occupier over the past 18 months to conclude this high profile letting which will add to the existing leisure facilities currently on offer within the the city centre following the recent opening of Tenpin the national bowling operator"

Tesco first to sign up to new retail scheme

Wed, 04 Jun 2008 13:46:29 +0100

We are pleased to confirm we have secured a pre-let of a large retail unit at Durham Road Blackhill near Consett in County Durham. The neighbourhood retail scheme is due for completion late 2009 and Tesco Stores have signed a pre-let on unit 1 which extends to 4365 ft2. The adjoining units 2 and 3 which are approximately 1000 ft2 each are now available and have the benefit of open A1, A2, A3 and A5 planning consent and would therefore suit uses including Hot Food, Bookmakers etc. The scheme is being undertaken by our clients Oakapple Commercial and fronts Durham Road being part of a larger scheme which includes a new residential development to the rear.

Full details of the scheme are available by contacting Kelly Bell or Mario Jaconelli at Lofthouse and Partners on 0191 5658844.

Hays Travel to Killingworth

Thu, 14 Feb 2008 15:07:11 +0000

Sunderland based travel company Hays have expanded their retail chain even further with the acquisition of their latest retail unit in Killingworth, North Tyneside. The new unit (pictured) will be open for business in March this year and is located within the Killingworth Centre. The acquisition of this latest unit takes Hays to 31 high street stores across the region and they now operate from most major towns and cities across the north including Ashington, Whitley Bay, Newcastle, Sunderland, Durham, Middlesbrough and Sheffield amongst others.

Mario Jaconelli, Director of Agency and Acquisition at Lofthouse and Partners said "We are fully retained by Hays Travel in all property matters including Acquisitions, Rent Reviews, Lease Renewals and Rating Appeal and continue to be active on their behalf throughout the region. We have acted for Hays for many years and it is particularly pleasing to be involved in their expansion plans on an ongoing basis. We acquired premises in Consett last year and we are working closely with Hays to increase store numbers in 2008"

Game On - in record time!

Tue, 11 Dec 2007 11:35:08 +0000

Computer games retailer Grainger Games, who were established in 1997, have signed up for their latest retail unit in South Shields in double quick time. The unit in King Street, South Shields is Grainger's 13th store in Scotland and England with more stores planned for 2008.

Grainger Games director Scott Sibley said "We had been looking to gain representation in South Shields Town Centre for some time but as you can imagine Christmas is the busiest trading period in the computer gaming industry and therefore it was a case of the right unit coming up at the wrong time! Due to its prime location on King Street we could not afford to miss this opportunity and we decided to pull out all the stops and go for it"

Scott added "we have been able to meet this deadline by having a dedicated team of professionals and shop fitters etc around us although this store opening was not a record for us - we actually opened our Metro Centre store within 24 hours of collecting the keys so you could say we like a challenge!"

Mario Jaconelli director of agency at Lofthouse and Partners said "it was genuinely a pleasure dealing with Grainger Games and the speed at which they turned things around was impressive to say the least. We are delighted we have been able to assist this fast growing company with their expansion plans and look forward to working with them in the future"