Investor Brochure 2017
Welcome to the 2017 edition of the Boutique Finance Investor Brochure. In this years’ edition you’ll find updates on projects undertaken by The High Street Group of Companies, highlighting how your investment is being utilised and how the Group as a whole is performing. Notable additions to the Group’s portfolio include the expansion into Private Rental Schemes, the first of which being Hadrian’s Tower in Newcastle upon Tyne. At 82 metres high and 26 storeys, the building will be the tallest in the city and a landmark project for The High Street Group and sister development company All Saints Living. We have also steered the Group into the hospitality sector, with the renovation and refurbishment of 3 units in Whitley Bay, encompassing Hotel 52, Pazzo Italian Restaurant and Loca Latin American Bar & Restaurant; all very exciting and lucrative new ventures. In order to keep you up to date with projects please ensure the marketing department have your correct email address on file, contact marketing@thehighstreetgroup.com. You may have noticed a section on the new High Street Boutique Finance website called MEMBERS. This section gives access to a unique portal specifically for High Net Worth investors known as Boutique Partners. If you’re a High Net Worth individual and interested in further investment opportunities, call us or email info@hsbf.co.uk to discuss your requirements. You can call the Boutique Team on 0191 211 4120 option 3 to discuss your investment or for any further information about our property developments. We look forward to bringing you the next instalment of the Investor Brochure.
THE WALLED GARDENS, GOSFORTH £11 million project to create 14 four and five bedroomed contemporary, executive homes in a unique setting.
OVERVIEW The Walled Gardens Gosforth development is situated across two walled gardens; the northern walled garden contains eight, four bedroom semi-detached properties that have been designed to a contemporary finish, incorporating large south facing windows maximising capture of natural light. The southern walled garden contains a further six, five bedroom semi-detached properties. These properties will be finished in a more traditional style in order to complement the surrounding dwellings. Each of the properties has a unique lifestyle offering, with smart technology provided as standard. The walled garden originally served the 18th Century Brandling Hall and was, more recently, home to a garden centre and aquatics retailer. Its sale for redevelopment has supported the much vaunted improvement programme at Newcastle Racecourse.
Director for All Saints Living, Keith McDougall, said: “In an area renowned for its landscaping and wildlife, we will be building homes which are sympathetic to their surroundings with plenty of natural light and open, green spaces. “To retain the natural look of the site when viewed from a distance, these homes will also have sedum (grass) roofs, while the six, five bedroomed properties in the southern garden will have zinc roofs – resembling those of greenhouses.” To date All Saints Living has taken 4 reservations in the South Garden. The North Garden sales will launch in April 2018 and there has already been a vast amount of interest. Visit www.walledgardensgosforth.co.uk to view the properties in full and download the brochure.
KEY FACTS • 14 four and five bedroom contemporary homes set across 2 walled gardens (North & South) • Ideally located for access to the A1 and Newcastle City Centre • Situated in the grounds of historic Newcastle Racecourse • Sympathetic build, taking into account the natural environment • Grass (sedum) and zinc roofs complementing local surroundings • State of the art smart technology included as standard • Prices start from £695,000
SUNDERLAND BRIDGE, COUNTY DURHAM 2 renovations and 1 new build in an idyllic village with excellent commuter links.
OVERVIEW Starting on site Summer 2017, All Saints Living in conjunction with All Saints Construction, is redeveloping the site at Sunderland Bridge, County Durham. The village is easily commutable to Durham City Centre, being just a mile from the A1. The homes at Sunderland Bridge incorporate a village lifestyle only a stone’s throw from the city. The site came with 2 existing properties which have now been fully refurbished to high standard with contemporary design. Each has been given new kitchens and bathrooms and have the added benefit of private driveways and enclosed gardens to the rear. In addition to the existing renovations All Saints Construction has built a 3 bed detached property, known as Lindus House, adjacent to the current plots. The new build benefits from 3 generous sized bedrooms, the master having fitted wardrobes and a useful en-suite.
KEY FACTS • 2 existing properties fully renovated • 1 new build detached property • Ideal for access to A1 and surrounding Durham countryside • Excellent commuter links with village lifestyle • Prices start from £199,950
STAMFORD LEA, RENNINGTON 4 new build bungalows within an established Northumberland hamlet.
OVERVIEW In 2017 construction began on 4 new bungalows within the grounds of a previous project known as Stamford Lea. Stamford Lea was the creation of a small hamlet within the sprawling countryside of Rennington, not far from Alnwick. The hamlet already contains 5 properties, a mixture of renovation and new build homes. Once the hamlet was finished, the intention was always to utilise the land adjacent to the existing properties. The detached bungalows each contain 3 bedrooms, along with a potential garage/workshop depending on buyer’s requirements. They enjoy countryside views along with well-proportioned landscaped gardens to the front and rear and private parking. All Saints Living has taken 2 reservations so far and there has been a lot of interest in the remaining 2 bungalows. All Saints Construction expect to be finished on site spring 2018.
KEY FACTS • Large exclusive bungalows within the grounds of an established hamlet • Slate roofs and traditional stone build • Unique layout with master bedroom and en-suite covering the entire first floor • Close proximity to Alnwick town centre amenities and world-renowned Northumberland countryside • Prices from £325,000
AIDAN GARDENS, BELMONT, COUNTY DURHAM Development of a former care home into 26 new build houses, minutes from Durham City Centre.
OVERVIEW Site of a former Durham County Council Care Home, Aidan Gardens is the development of 26 two, three and four bedroom apartments and houses in Belmont, County Durham. There are 5 two bedroom apartments and 21 three and four bedroom houses. All Saints Living has demolished the existing building to make way for desirable family homes in this popular residential area of Durham.
KEY FACTS
There has been lots of interest in these new build properties, partly due to their close proximity to historic Durham City Centre and the amenities it has to offer.
• Access to nearby Ramside Golf Club and
There have been 13 reservations so far, 50% of the development, and we expect all units to be sold by Spring 2018.
• 26 residential properties in an extremely desirable location • Close proximity to Durham City Centre • Fantastic links to the A1 motorway, will appeal to commuters facilities • Local primary school and shops within walking distance • Situated in an area of high rental demand • Prices start from £125,000
MORAR HOUSE, HELENSBURGH An A listed Arts and Crafts house with extraordinary views over the Clyde Estuary.
OVERVIEW Morar House is located in the upmarket area of Helensburgh on the north shore of the Firth of Clyde. It is magnificently placed to benefit from the extraordinary outward views over the Clyde Estuary.
KEY FACTS
The house is a unique and impressive A listed William Leiper designed mansion adjacent to the ‘Hill House’. The house has been vacant for a number of years but there are still numerous original features present. All Saints Living have received planning permission to create 6 spacious apartments in the original house and to develop a new build extension within the 1.59acres of land, also housing 6 apartments.
• Existing building designed by renowned
Planning permission is being obtained for 3 larger detached properties in the grounds of the main house. All Saints Construction have begun on site and expect to be finished the main house by Autumn 2018. Sales will launch Spring 2018.
• Magnificent period property on 1.59acres of elevated land • Breathtaking views over the Clyde Estuary architect William Leiper (1839 – 1916) • Renovation of 6 apartments in the existing house • Creation of new build extension, also housing 6 apartments and 3 large detached properties on adjacent land
LARBERT HOUSE & COUNTRY ESTATE, STIRLINGSHIRE All Saints Living’s landmark project, now entering Phase 3 of development.
OVERVIEW The Larbert House & Country Estate development is set in the woodland grounds of Larbert House, Stirlingshire. This landmark development is a £19million restoration and sensitive conversion of the derelict Larbert House and stable block into luxury apartments. It will also include: four new build sections comprising of a mews block to mirror the existing stable, eight luxurious detached homes nestled within the walled garden, seven detached properties to the west of the walled garden and a group of three large distinctive detached properties settled within mature trees on the east site. In 2016 Larbert House was nominated for and won a number of Property Awards. In March, Larbert House won ‘Best Renovation Project – Scotland’ at the Build Property Awards, with All Saints Living also scooping ‘Best Medium-Sized Builder – UK’. In October 2017 Larbert House & Country Estate won ‘Best Residential Development, Central Scotland’ at the UK Property Awards.
All Saints Living has already sold 38 of the 56 units available, with Phase 3 of the development being launched Spring 2018. More information on this exciting development, including plot sizes, specifications and availability, can be found at www.larberthouseestate.com.
KEY FACTS • Sensitive conversion of a Grade II listed mansion, stables, outbuildings and walled garden • 56 aspirational, individual homes within a vast country estate • Nominated and won prestigious property awards • Close to amenities of Larbert Village and Stenhousemuir. Well connected to Falkirk, Glasgow and Edinburgh • 38 units sold to date • Phase 3 now underway, large extension to the rear of the B Listed Mansion House
PRIVATE RENTAL SECTOR (PRS) SCHEMES A new and exciting opportunity to deliver large scale accommodation.
OVERVIEW The Private Rental Sector in the UK has grown substantially in recent years and accounts for approximately 16.5% of all UK households. In ever increasing numbers both large institutional and individual investors are buying up properties for the purposes of ‘buy to let’ - benefiting from both value rises in their acquired assets (UK house price rises) and from rising rents. It is clear that PRS is here to stay and will grow significantly over the next few years.
Solid commercial foundations with strong investment partnerships. PRIVATE RENTAL SECTOR SCHEMES The High Street Group has identified PRS schemes to be a significant opportunity in coming years and, as such, has entered into the sector with the development of 139 units in Milton Keynes. The previous developers had failed in their attempt to obtain planning for the project. The High Street Group planning team re-designed the scheme and successfully obtained planning on 3rd March 2017; this project has been sold to Grainger Trust PLC for £30,150,000. Having purchased and started the development of the project in Milton Keynes, we have gone on to secure projects in the Midlands, the North East and North West of England which will provide over 1,000 residential units. We have acquired an exclusive site in Newcastle upon Tyne for a 26 storey building known as Hadrian’s Tower, and exchanged contracts on a further project in Warrington City Centre. We have also secured options on development sites for PRS schemes in Salford, Birmingham and Trafford, further details of which you can find in this brochure.
HADRIAN’S TOWER, RUTHERFORD STREET, NEWCASTLE UPON TYNE At 82 metres this will be the tallest building in Newcastle upon Tyne.
OVERVIEW All Saints Living has been appointed to construct and market what will be Newcastle upon Tyne’s tallest building. The 82-metre high structure, located on Rutherford Street off St James’ Boulevard, will be made up of 26 storeys and comprise 162 Private Rented Sector (PRS) apartments, providing enough space for 456 residents. Situated within a highly accessible location in close proximity to Newcastle Regeneration Zone and a world-class Medical University, Hadrian’s Tower will be a landmark for a world-class city. Comprising stylish apartments and exceptional facilities Hadrian’s Tower will be a beacon on Newcastle’s skyline. Opportunities to invest in such a high profile scheme in the centre of Newcastle rarely arise; Hadrian’s Tower represents
a market-leading product for luxury living in the city centre. Newcastle is identified by overseas investors as a source of opportunity, with major strategic developments backed by investors from around the globe. Our Boutique Partners division has offered this investment to its members and there has been a vast amount of interest which has resulted in almost 50% of the development being reserved offplan by domestic and overseas investors. Demolition has started and Tolent has been appointed as build contractor. Visit www.hadrianstower.com for further information on this scheme.
KEY FACTS • 26 storey building; 162 apartments • 50 one bedroom and 112 two bedroom units • 82 metre tall structure, the tallest building in Newcastle upon Tyne • Opposite newly regenerated Science Central Business School zone • Facilities include 24/7 concierge/security, onsite management, cycle store, café and laundry • Sky lounge - residents lounge on the 26th floor
CHESHIRE JUNCTION, JOHN STREET, WARRINGTON
OVERVIEW A land deal has been completed, paving the way for the development of 362 apartments for private rent in Warrington’s regenerated town centre. All Saints Living has acquired the site next to the central station – a former industrial site – and expects to start construction in Spring 2018, creating an 8 storey complex with a total development value of £51million. The scheme has two adjoining phases of residential apartments wrapped around an internal courtyard. Both phases are accessed via the pedestrianised square in front of Warrington Central Station. The plans include around 6,400sq ft of retail and leisure space and 796 parking spaces.
The apartments will be open plan and contemporary in style with a mixture of single and two bedroom units. There are also 3 bed duplex penthouses and a rooftop lounge. The foyer will focus on a new station square and provide a sense of placemaking, with a better balance of public and private open space. The square is being developed as part of the wider Warrington regeneration. The site is located between Liverpool and Manchester, with trains every 8 minutes to the North and South of the UK. We have appointed Tolent to build this scheme. Visit www.allsaintsliving.com for regular updates on this project.
KEY FACTS • 362 unit apartment development with multi storey car park, (part PRS and part BTL) • Major redevelopment area • Ideally located for commuting to Liverpool and Manchester • On main train lines and road network • Incorporates a 796 unit multi storey car park • Total Sales £48m, Purchase £3.5m, Build Cost £33m, Gross Profit £11.5m
SILBURY BOULEVARD, MILTON KEYNES
OVERVIEW All Saints Living acquired and then sold a large residential development site on Silbury Boulevard in Milton Keynes in August 2017. This prestigious PRS scheme was our first of this kind, and has been sold to Grainger PLC in a multi-million pound forward funding and development deal for £30.15 million in September 2017. The development involves the demolition and replacement of the 2 existing office buildings with a 7 storey block of 139 exclusive apartments. Planning permission was achieved on the basis of a Private Rental Apartment scheme. The Design and Build team was appointed and commenced on site in October 2017. Milton Keynes is one of the country’s most rapidly expanding cities, with a population in excess of 200,000.
KEY FACTS • Secured planning for a 7 storey 139 unit apartment scheme • Prime commuter location for London • Client is Grainger PLC – contract signed • Build will be by United Living – contract signed • Total Sales £30.4m, Purchase £4.9m, Total Cost £22.5m, Gross Profit £3m Junctions 13 and 14 of the M1 motorway are easily accessible via the dual carriageway network to the east, and there is a fast intercity rail service to London (Euston), Birmingham and the north. The property is situated in a prime central business district location with main boulevard frontage. Nearby occupiers include Santander, Deloitte, Home Retail Group, Transport Catapult Systems and BP Mobil.
MIDDLEWOOD PLAZA, LIVERPOOL STREET, SALFORD
OVERVIEW The site at Liverpool Street can be developed into a split height of 6 and 9 storeys. Accommodating 87 units in total, the development will include a mixture of one-bedroom apartments, two-bedroom apartments, two-bedroom townhouses and threebedroom townhouses. We are currently exploring the prospect of acquiring the site next door on the same ‘subject to planning’ basis. There is a large amout of interest already from institutional and individual investors due to the opportunity this project presents. The project is on the edge of the Middlewood Locks regeneration project which is currently under construction to deliver 1,000 homes and a large leisure and amenity complex.
KEY FACTS • 87 unit BTL and PRS apartment development • In conjunction with United Living • 6-9 storeys • Reviewing the possibility of adding adjacent site to increase size • Total Sales £16.5m, Purchase £1.5m, Build Cost £11m, Gross Profit £4m It runs along the Manchester side of the ring road and is comprised mainly of high rise blocks with a mixture of PRS and BTL exits. The scheme is due to complete in 2019.
WESTMINSTER WORKS, BIRMINGHAM
OVERVIEW Located close to the proposed high-speed rail network linking Birmingham and London, HS2, Westminster Works is an ideal base for commuters to the north and south. On the edge of the Southern Gateway £1bn regeneration zone Westminster Works offers city living within a vibrant new neighbourhood. The area is a major development opportunity to create a new destination delivering development with the highest sustainability credentials centred around a newly created public space – Moat Square. Birmingham is identified by overseas investors as a source of opportunity, with major strategic developments backed by investors from around the globe. Birmingham is rich in heritage with an established economy and excellent transport links.
KEY FACTS • 8 storeys, accommodating 254 units • Excellent commuter location • Unique lifestyle offering • New build premium • Quality apartments • Premium rental location • Rental yield guarantee • Development cost circa £30m (including build cost) • Expected profit £9m The site at Westminster Works will be developed into 8 storeys and can accommodate 254 units within the boundary of the site. We have agreed and signed Head of Terms and paid a £400,000 deposit to secure this project.
TALBOT ROAD, TRAFFORD
KEY FACTS • 142 unit apartment development over 8 storeys OVERVIEW We have recently finalised Heads of Terms on a large residential scheme on Talbot Road in Trafford. The development comprises 142 units over 8 storeys. The site is located to the South West of Manchester City Centre in the town of Stretford. Surrounding the wider site are a number of amenities including large retail parks, Salford Quays with its abundance of retail and food establishments, superstores and light/traditional rail links. The site is also in close proximity to the popular Old Trafford football and cricket grounds as well as numerous large business headquarters including British Gas and Kelloggs. The site is within 1 minute walk of Trafford Bar tram station (on the Altrincham train line).
• Close to local amenities, bars and restaurants • Within major regeneration zone • On main train lines, will appeal to commuters
We have exchanged Heads of Terms on the £3.174 million acquisition of the site on a ‘subject to planning’ basis. The total build cost is expected to be in the region of £14.4 million. After usual costs of planning, sales and similar there is an expected profit of £4 million upon completion.
ROOFTOP EXTENSIONS The creation of new homes through development of rooftop space.
OVERVIEW We are embracing a new and exciting opportunity with E & J Capital to deliver rooftop apartment living in cities across the UK. We believe there is a huge opportunity for the creation of new homes through development of underused rooftop space in existing residential locations. We have researched potential locations for the delivery of rooftop development suitable for consideration by The High Street Group as well as the associated considerations of planning, design, sustainability and construction.
We shape our buildings; thereafter they shape us. Winston Churchill CONSULTATION ON UPWARD EXTENSION IN LONDON Three options were presented in the recent consultation paper in order to enable greater housing delivery through rooftop extensions in London, not necessarily mutually exclusive: • Permitted Development (PD) rights for additional storeys in London; • Local Development Orders (LDOs) for additional storeys in specific areas; and • The support for upward extension through policy in the London Plan. All three options present significant opportunities for increasing housing supply.
GOVERNMENT RESPONSE - FEBRUARY 2017 “We welcome the support for the principle of upward extensions to existing premises to provide more homes in London. The responses have confirmed that there is potential to deliver more homes by increasing densities on brownfield land. It is clear that building up has a role to play in meeting the need for new homes across the country, not just in London, and the Housing White Paper proposes a package of measures to support building at higher densities and using land more efficiently for development. Our intention is therefore to take forward the policy option through the National Planning Policy Framework to support the delivery of additional homes by building up.”
ROOFTOP EXTENSIONS The creation of new homes through development of rooftop space.
BACKGROUND The issue of an undersupply of new homes, twinned with an increasing challenge of affordability provides a real challenge for all involved in determining the how and what of new supply. Recent evidence has shown that a high level of unused roof space could be translated into new homes, particularly in London and larger cities, with some of this space being owned by local authorities. Around 49,000 new homes are required every year in London over the next two decades although some sources refer to the need for up to 60,000 homes per annum. The Government’s focus is very much on brownfield land to deliver housing, but there is wide recognition that more varied and innovative methods of delivering housing need to be considered, as the ever mounting pressure increases. More creative and lateral thinking needs to be applied to how we can increase the supply of housing. Rooftop development is recognised as one of many innovative housing solutions that can contribute to the delivery of more homes. It is not the solution but one of many allowing new entrants into the market to deliver housing. Currently, only 2% of new homes per year in London come about as a result of an element of ‘upward extension’. Following the recent planning policy consultations on rooftop development, now is the time to seriously consider both the potential of this type of development in further detail, alongside the technical constraints that will need to be overcome, to realise more of this type of development on a far greater scale. An additional 630,000 residential homes could be supported across London, by adding additional homes above municipal buildings.
TYPICAL PLANNING CONSIDERATIONS A range of material planning considerations are likely to apply and we consider these to be the following: • • • • • • • • • • •
Conservation Areas & Listed Buildings Design Standards Public Transport Accessibility Car Parking Supportive Spatial Planning Policy Designations Other Restrictive Spatial Planning Policy Designations Existing Uses Space Standards Private Open Space Requirements Sustainability Section 106 & Community Infrastructure Levy
THE DEVELOPMENT PROCESS The development process is not dissimilar to a typical development process. The process begins with identification of a potential rooftop site, the design and planning submission. The initial design process terminates in gaining a planning consent. Following this a prefabricated module can be transported and installed on site within a matter of a week. Our specialist planning team will enable The High Street Group to maximise the opportunity within this market place.
STRATEGIC & FINANCIAL BENEFITS
OUR APPROACH
STRATEGIC
We have agreed a partnership with E & J Capital who have 1,800 assets across the UK in the form of the freehold of accessed, unused roof space.
• • • •
Delivery of much needed new homes supply to meet housing needs Enhancing asset value and use of existing properties Innovative – use of offsite homes manufacture to speed delivery and reduce disruption to occupants Green – potential opportunity for use of renewable energies to reduce energy consumption
The initial strategy and focus will be as follows: • • •
FINANCIAL
•
•
• • •
• •
Creation of a significant windfall payment for freeholder, linked to market value of the new apartments Reduction in maintenance burden for freeholders/ leaseholders Improvement in the kerb appeal of properties through associated improvements to façade and elevations
London and Manchester High value sales areas Carefully selected schemes based on construction, planning and end sales values Dedicated local teams to be recruited with a Project Manager to oversee delivery Initial pilot schemes will be 8 – 4 based in London and 4 based in Manchester Average scheme will see the delivery of 8 properties
HOXTON WHARF, ISLINGTON, LONDON SAMPLE SCHEME • • •
30 apartments over 3 additional floors High value, high demand area Total sales: £14.4m, Nil Purchase Cost, Build Cost: £5.4m, Gross Profit: £9m
HOTEL 52 Our hotel business strategy will deliver 15-20 hotels under the Hotel 52 brand over the next 5 years.
HOTELS During 2017 the company has developed a hotel business strategy to identify and build a chain of budget boutique hotels in the North of England that will compete in price with budget/ mid-range hotel groups. Over the next 5 years the company will deliver 15-20 hotels under the Hotel 52 brand. OUR PROCESS • Acquire the hotel • Refurbish to a high standard • Integrate our Management • Deliver increased occupancy rates, efficiencies and turnover.
HOTEL 52, WHITLEY BAY
HOTEL 52, STANLEY
Hotel 52, Whitley Bay is an exclusive 32-bedroom hotel located in an excellent position, with just a short walk to the town centre and award-winning beaches at the end of the road. Each room in the hotel has been refurbished to a higher than average standard, offering en-suite facilities and extremely comfortable beds. With options of single, double/twin, triple and family rooms, the hotel can accommodate any party size.
In 2017 we opened a brand new hotel and restaurant in Stanley, County Durham. A former care home, we have transformed the current building into a 23 bedroom hotel with onsite Italian restaurant and café, reflecting the Hotel 52 and Pazzo themes developed in Whitley Bay. The area receives thousands of visitors each year with its close proximity to Beamish Museum, the world famous open air museum, and hotel accommodation options in the area are limited.
Included with every booking, the hotel offers breakfast in all of its room packages. The hotel has two restaurants on site which allows guests to be spoilt for choice when it comes to dining. On one side you have Loca, a brand new bar and restaurant that offers Latin American cuisine. On the other side you have Pazzo a Pizzeria and Prosecco bar. The hotel combines Dinner, Bed and Breakfast packages. A multi-million pound regeneration is under way in Whitley Bay to help revitalise the coast. The council of North Tyneside has developed a £36m seafront masterplan, which covers a stretch from St Mary’s Lighthouse to Cullercoats Bay and includes a string of projects. Our hotel is at the centre of this regeneration.
With double/twin, double apartments, triple and family apartment suites, the hotel will bring much needed affordable accommodation to the surrounding area. The hotel will also offer onsite conference and meeting facilities and the restaurant will open as a café during the day to maximise use of the facilities. Visit www.hotel52.co.uk for more information on the Group’s expanding hotel chain.
LOCA, WHITLEY BAY The North East’s newest Latin America Restaurant.
OVERVIEW The hottest Latin American restaurant in Whitley Bay and just next door to Hotel 52, this restaurant offers some of the tastiest Mexican, Brazilian and South American food in the North East. Current offers include Tapas Tuesday and a brand new ÂŁ20 Sugar Skull Offer. Loca also now offers a twist on the traditional British Sunday lunch by offering a Sunday Dinner Burrito. At weekends, they hold Salsa nights, cocktail masterclasses and live music. Launched in June 2017, the restaurant has quickly and firmly established itself as one of the most popular in the North East region. Visit www.locawhitleybay.com for more information on the restaurant.
PAZZO, STANLEY Opened December 2017, offering delicious Italian cuisine.
OVERVIEW In December 2017 we opened Pazzo Italian Restaurant, a brandnew Pizzeria and Bar adjacent to Hotel 52 in Stanley. Pazzo uses the freshest and highest quality ingredients which are bought both locally and imported; Italian favourites such as San Marzano Tomatoes and Fior Di Latte Mozzarella. Handcrafted pizzas, cooked in wood fired pizza ovens, promise that Pazzo pizzas are made with passion in the Neapolitan Artisan way by professional pizzaiolis. Within weeks of opening Pazzo has had excellent reviews and repeat business. The restaurant has proved a welcome addition to the area. Visit www.pazzoitalian.co.uk for more information on the restaurant.
BARDYWELL HEIGHTS, WHITEHAVEN
2 luxury serviced apartments overlooking Whitehaven Marina.
OVERVIEW Bardywell Heights is our serviced apartment block located on the historic Whitehaven Marina. The apartments offer sweeping views over the Cumbrian coastline, and are ideally situated for access to local bars and restaurants. The apartments are adjacent to The Beacon, an interactive local history museum which also houses an award winning exhibition space. The apartments have been rented consistently throughout the year, with many occupants being contractors and business associates of nearby Sellafield nuclear site. Holiday makers also take full advantage of the apartments being only thirty minutes from the Lake District National Park and minutes from nearby beaches. Visit www.whitehavenservicedapartments.com to view the apartments in detail.
KEY FACTS • Development of 14 one and two bedroom luxury apartments • Situated on the picturesque Whitehaven Harbour • Less than an hour from Cumbria’s Lake District National Park • Majority of occupants from visitors to nearby Sellafield nuclear site • Year-round high occupancy rates • www.whitehavenservicedapartments.com
ST GEORGE’S ROAD, HARROGATE
4 unique serviced apartments within a restored Georgian townhouse.
OVERVIEW 45 St. George’s Road is a magnificent Georgian townhouse, minutes’ walk to the historic town of Harrogate, North Yorkshire. 4 of the units in the property are serviced apartments and enjoy a high rate of occupancy all year round. Close proximity to Harrogate town centre and the added bonus of parking for each apartment ensure the apartments in 45 St. George’s Road are very popular amongst business and leisure travellers alike. Since opening in 2016 the apartments have enjoyed excellent occupancy rates, regularly in excess of 70%, with higher numbers over the summer months. Visit www.45stgeorgesroad.com for more information.
KEY FACTS • 4 apartments within grade II listed townhouse • Allocated parking for each apartment • Minutes from the popular spa town of Harrogate • Majority of occupants from holiday makers • Year-round high occupancy rates • www.45stgeorgesroad.com
SOCIAL MEDIA & PRESS
Congratulations to everyone at @ AllSaintsLiving on their fantastic achievement of securing Best Residential Development Central Scotland!
ICYMI: £26m Profit for Property Specialists. Well done to everyone involved, with more projects in the pipeline!
Four new build detached bungalows situated in the sprawling countryside of Rennington, #Northumberland #NorthEast #northeasthour #nefollowers
Former care home converted into hotel and restaurant to help support local tourism! #CoDurhamHour #nefollowers #northeasthour
Office space available to rent at one of @Hotel_52’s upcoming hotels in Stanley, County Durham. For more info email info@ hotel52.co.uk
Growing Geordie PRS firm plans Brum scheme #northeasthour
There are a range of properties still remaining at Aidan Gardens, #Belmont. All homes Work coming a long nicely with are available for the Help-to-Buy scheme and we are now offering the roofs going on the South Garden at The Walled Gardens, furniture packages for first-time Gosforth! Find out more: http:// buyers on selected properties. allsaintsliving.com/walled-gar- #CoDurhamHour dens-gosforth/ …
New build 3 bed detached property, in a popular village setting that is Sunderland Bridge - with spacious living quarters and ensuite facilities. #CoDurhamHour #northeasthour Fancy winning a boutique night at our Whitley Bay hotel? Come and drop your business card at B2!! #NEExpo
Foundations down and brick work started on The Bungalows at #Rennington
It’s not just a house, it’s a piece of history...
Our brand new hotel in Stanley is perfect for travellers to @Beamish_Museum. Book from January 2018! #stanley #beamish #countydurham
Wow! Such a wonderful turn out for our Salsa taster session! We will be running lessons from Sunday 7th January (5pm - 7pm). Message us or ring 0191 252 4040 for more information! #nefollowers
Still considering what to do for NYE? Why not head over to loca! More details: https:// goo.gl/Y2hyHh #nefollowers #northeasthour #whitleybay #ourwhitleybay
#northeasthour #whitleybay #ourwhitleybay
It’s finally Tuesday! Tapas dishes for only £3! #nefollowers #northeasthour #whitleybay #ourwhitleybay
If you haven’t tried our Sunday Dinner Burrito yet! It’s well worth a treat! Only £10! #whitleybay #nefollowers #northeasthour #ourwhitleybay
Stay in one of our double rooms Just to show you some of our in Stanley with breakfast & rooms at @Hotel_52 #Stanley dinner for only £80! More information at: https://goo. gl/8Rj7S4 #nefollowers #beamish #breaksaway #staycation #holiday #weekendaway
Pazzo is now offering Sunday Dinners! 2 course for £8.95 & three courses for only £10.95! https://goo.gl/Yb6mVJ #nefollowers #northeasthour #countydurham #Stanley
We’re not just all about meat! We offer a wide range of vegetarian options on our menu: https:// goo.gl/dK4LkW #countydurham #northeasthour #nefollowers #Stanley
Our first guests at Hotel 52 Stanley #stanley #countydurham #northeasthour #NEFollowers
Keep the Christmas spirit alive by taking your kids along to our Afternoon Tea with Santa event. Message us for more information. #nefollowers #northeasthour #countydurham #Stanley
Pazzo Italian Restaurant #Stanley opened it’s doors last Friday and they have an action packed entertainment line-up across the festive period! #CoDurhamHour @ VCDBusiness #NorthEastHour #NEFollowers
Tonight we are hosting our VIP launch night at our brand new hotel in Stanley! For more information: https://www.hotel52. co.uk/stanley/ #nefollowers #northeasthour #stanley #beamish
POTENTIAL PROJECTS Visit www.allsaintsliving.com for our most up to date projects.
LINKS QUARRY, NEWBIGGIN BY THE SEA • Outline planning received for 63 residential new build properties and 16 holiday lodges • Located on the sea front at Newbiggin by the Sea • Offer accepted on subject to planning basis, legal process commenced
Projected Start: May 2018 Expected Finish: May 2020 Expected Profit: £4 million
LENZIE, EAST DUNBARTONSHIRE • Concluded missives on a subject to planning basis • 18 units in total: 9 in a new build extension, 9 refurbishments within an existing school building • Delightful village location
Projected Start: August 2018 Expected Finish: September 2019 Expected Profit: £1.45 million
HEBBURN, TYNE & WEAR • Currently in legal process to purchase 2 sites on the banks of the River Tyne, subject to planning • 1st site – a crescent of 8 new build houses with balconies • 2nd site – submitted for planning, a terrace of 9 new build houses
Projected Start: March 2018 Expected Finish: February 2019 Expected Profit: £870,000
S & K BUILDING, BIRMINGHAM • 536 residential apartments • Prime regeneration location • Close to Westminster Works, our other PRS project in Birmingham
Projected Start: December 2018 Expected Finish: December 2021 Expected Profit: £21 million
2nd Floor Cuthbert House, All Saints Business Centre, Newcastle upon Tyne, Tyne and Wear, NE1 2ET www.hsbf.co.uk • Tel: 0191 211 4120 • Email: info@hsbf.co.uk The High Street Group @highstreetgroup thehighstreetgroup The High Street Group TV