December 2016


Boutique hotel in Cornwall with significant development opportunities comes to market

Boutique hotel in Cornwall with significant development opportunities comes to market

16 December 2016

Savills, on behalf of a private client, has brought to the market The Cormorant Hotel in Cornwall at a guide price of £1.5 million.

 
 
Decathlon scores new store at Chelmsford's Riverside Retail Park

Decathlon scores new store at Chelmsford's Riverside Retail Park

16 December 2016

British Airways Pension Fund, represented jointly by Savills and Morgan Williams, has let a unit at Riverside Retail Park in Chelmsford to Decathlon.

 
 
Law firm Bird & Bird secures leisure line up for new City of London headquarters

Law firm Bird & Bird secures leisure line up for new City of London headquarters

16 December 2016

Bird & Bird, represented by international real estate advisor Savills, has let three ground floor leisure units at 12 New Fetter Lane in the City of London to Bel-Air, Black Sheep Coffee and Nusa Kitchen.  The 14 floors of newly developed office space above will be occupied by the law firm as its UK headquarters. 

 
 
South East offices achieve record rents across core markets

South East offices achieve record rents across core markets

16 December 2016

According to Savills, the South East office market has seen record rents achieved across many of its core markets, with average prime Grade A rents rising by 7% from £35 to £37.50 per sq ft (£376 per sq m to  £403.64 per sq m). This has been driven by a combination of strong demand, fuelled by the cost advantage in comparison to central London, and a lack of good quality space in towns across the region which has placed upward pressure on rents.

 
 
Xalient takes first office outside London at 1 East Parade, Leeds

Xalient takes first office outside London at 1 East Parade, Leeds

15 December 2016

BMO Real Estate, represented by international real estate advisor Savills, has let space at 1 East Parade in Leeds city centre to Xalient for the firm’s first UK office outside of London.

 
 
Cowgate beefs up its leisure offer with new restaurant in Peterborough

Cowgate beefs up its leisure offer with new restaurant in Peterborough

14 December 2016

Savills, on behalf of Webb Properties Ltd, has let 17 King Street, off of Cowgate, in Peterborough to a private individual proposing to open a new steak restaurant. 

 
 
Manufacturer expansion takes Middleton's Stakehill industrial estate to fully let

Manufacturer expansion takes Middleton's Stakehill industrial estate to fully let

14 December 2016

CEG, represented jointly by Savills and WHR, has let the last remaining warehouse at Stakehill Industrial Estate in Middleton to TS (UK) Limited.  The deal takes the park, which was 45% void when acquired by clients of CEG in 2012, to fully let.

 
 
Education institutes expand into former offices as Leeds seeks to retain graduates in the city

Education institutes expand into former offices as Leeds seeks to retain graduates in the city

14 December 2016

A new education district is emerging in the south of Leeds city centre, as education institutions take office space previously used by corporate occupiers, according to new research from Savills.

 
 
Merseyside law firm expands into Manchester with office acquisition at St James's Tower

Merseyside law firm expands into Manchester with office acquisition at St James's Tower

14 December 2016

BA Pension Fund, represented jointly by Savills and OBI, has let further office space at St James’s Tower in Manchester city centre to clinical negligence specialists Fletchers Solicitors.

 
 
New woodland creation grant open for applications

New woodland creation grant open for applications

12 December 2016

A new grant scheme launched by Forestry Commission England to fund the creation of new woodlands across the country is now open for applications.

 
 

Key Contacts

Liz Williams-Bew

Liz Williams-Bew

Director
Commercial Marketing & Press

Savills Margaret Street

+44 (0) 20 7409 8140

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Savills Margaret Street

+44 (0) 20 7016 3880