S TA N L E y
O f f e r i n g a S M AR T i n v e stm e n t f o r t h e IN T E L L IGEN T i n v e sto r
Co ntents About Us
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Our chairman
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Assets & liabilities
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Hotel 52 - STANLEy
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WHAT OUR CUSTOMERS SAY
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PAZZO restaurant
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Floor plans
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location & tourism
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SOCIAL MEDIA
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The investment process
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About All Saints Living
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about us
d i r ecto r s & ad v i s o r s
The High Street Group is a leading financial and property group, being one of the North East’s most recognised and respected brands.
Company Name: High Street GRP Limited
We operate multiple companies in property development and construction, hospitality and leisure, offering expertise and opportunities across multiple sectors. Since its inception 10 years ago by Chairman Gary Forrest, The High Street Group has expanded rapidly with unparalleled growth, now employing more than 100 people in the Head Office in Newcastle upon Tyne and across development sites in the UK. The High Street Group currently has developments under management in excess of £300,000,000. In March 2017 we completed the sale of Silbury Boulevard, Milton Keynes to Grainger Trust plc for £31,000,000.
Company Number:
07831810
Registered Address:
2nd Floor Cuthbert House, All Saints Business Centre, Newcastle upon Tyne, Tyne and Wear, NE1 2ET, UK
Director: Gary Forrest Security Trustee: Castle Trust Group, 932 Europort, Gibraltar Auditors: Stokoe Rodger Chartered Accountants, 15 Bankside, The Watermark, Gateshead, Tyne & Wear, NE11 9SY Lawyers: Mincoffs Solicitors LLP, 5 Osborne Terrace, Newcastle upon Tyne, NE2 1SQ
BUS IN E S S S TR ATE GY In 2017 we have 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 hotel groups. Over the next 5 years the company will deliver 15-20 hotels under the Hotel 52 brand. The hotel sites are strategically placed to capture both the commerce and leisure market, ensuring high occupancy levels. OUR PROCESS Identify and acquire the hotel Refurbish to a high standard Integrate our Management team to operate the hotel Deliver increased occupancy rates, efficiencies, turnover and profit
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One of the North East’s most recognised and respected brands
Ga r y f o r r est c h a i r m an Gary Forrest has over 30 years’ experience in financial services and instruments, initially in the mortgage sector and subsequently in investments. Gary successfully grew his lending business from a £100 million lender to a £1 billion lender in 5 years, and sold his company High Street Home Loans in 2003 to GMAC-RFC. The High Street Group of Companies was conceived in 2006 initially focussing on alternative investment strategies and development finance, entering into the construction and development sector in 2013. In this short space of time, Gary has successfully steered the company to become one of the largest in the North East, with projects under management valuing in excess of £300 million and winning various awards such as Best Medium Sized Builder (UK) and Best Renovation Project (Scotland). In 2016 the company reported profits of £26 million.
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assets & l i a b i l i t i es company name
ownership
asset
value
loan
Burr Living One Ltd 09245685
100%
45 St Georges Road, Harrogate x 4 apartments utilised as Execulets Hotel, x 32 rooms 3 leased to South American style restaurant, Verdina and Parade Pub/ Nightclub
£1,035,000
£581,000
£2,000,000
£730,000
Hubertus Developments Ltd 09073795
100%
Land with planning to build 14 houses, Gosforth
£5,000,000
£2,509,104
Engelbert Developments Ltd 08920673
100%
x 4 new-build units rental
£520,000
£344,791
All Saints Property Investments Ltd 09759805
100%
x 2 units at Bardywell Heights, Whitehaven x 2 units at Seaham x 11 units rented out
£679,900 £260,000 £817,000
£390,000 £168,937 £490,200
Drogo Developments Ltd 08920717
90%
x 56 homes, Larbert House & Country Estate, Stirlingshire
£7,000,000
£330,000
Lindus Developments Limited 10265183
100%
x 2 refurbished terraced cottages x 1 new build detached 3 bed property, Sunderland Bridge
£600,000
£309,000
Frideswide Developments Ltd 09073799
100%
x 26 properties (x 5 apartments, x 21 houses), Belmont
£3,266,000
£1,149,104
Brighstone Developments Ltd 09912548
100%
x 12 apartments, Morar House Helensburgh
£1,200,000
£737,759
High Street Corporate Finance 09396359
100%
Land to build x 10 bungalows, Rennington
£650,000
£194,000
PPI Company
Profit forecast 2017 £1,000,000
Total Reclaim Ltd 07075294 All Saints Construction Ltd 09659115
100%
Construction company
Profit forecast 2017 £241,621
High Street Commercial Plc 09571862
100%
Property group holding company
N/A
N/A
All Saints Asset Management Plc 09571877
100%
Property group holding company
N/A
N/A
All Saints Developments (NE) Limited
100%
Property group holding company
N/A
N/A
High Street Commercial Finance Ltd 07841268
65%
Specialist lender
Profit forecast 2017 £250,000
Nilus Developments Ltd 10265273
100%
Milton Keynes
Profit forecast 2017 £1,000,000
Olympius Developments Limited 10594675
100%
Rutherford Street, Newcastle upon Tyne
£7,100,000
Palmus Developments Limited 10694418
100%
Warrington
£400,000
Rodus Developments Limited 10811082
100%
Salford
£70,000
Theon Developments Limited 10882221
100%
Birmingham
£430,000
total
£34,219,521
£1,250,000
£9,417,646
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23 r o o m s ava i la b le
S TA N leY to wn cent r e P r i ces sta r t from
ÂŁ70,000
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S TA N L E y
Recently renovated, Hotel 52 is an exclusive 23-bedroom hotel in the heart of Stanley, County Durham. Our brand offers guests a budget-boutique package, rivalling that of standard budget hotel groups such as Travelodge or Premier Inn. Our guests will find rooms with en-suite facilities and extremely comfortable beds. With options of double/twin, double apartments, triple and family apartment suites, there are possibilities for every party size. Each of the apartments includes a fully equipped fitted kitchen. The hotel is just a short drive to the award-winning Beamish Museum and minutes from the North Pennines Area of Outstanding Natural Beauty. The hotel is a popular choice for families visiting the local attractions to contractors needing a longer term stay. From the free Wi-Fi in the bedrooms, to our speedy check-in, we aim to be flexible for every guest and offer a comfortable, homely environment. We pride ourselves on a personal level of service that ensures each guest has a warm welcome and a wonderful stay. This ensures repeat business with rooms being booked as soon as the guest leaves. Our renowned breakfast is served in our adjacent Italian restaurant and at night Pazzo is the perfect choice for a guest’s evening meal. In the comfortable lounge area there are 2 large flat screen televisions and free Wi-Fi is available to all guests. The hotel has on-site conference facilities and can cater up to 16 delegates, with use of an LCD screen and projector included in all packages.
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W H AT OUR C U S TOM E R S S AY...
Clean room, comfortable bed, good shower room, nice towels, plenty of hot water. Room refreshed after first night. George
The room was great, bed was more than comfortable I was glad to see how each and every staff member (including the night porter) was always smiling which is very rare to see in hotels alongside that i would definitely return back to stay again. Jason
Really modern property. Had everything you needed. Breakfast was lovely. Price great!! Lauren
Lovely little hotel, clean and comfy and nothing was too much for the staff, reception was very friendly and welcoming, we had plenty of space in our rooms with complementary tea/ coffee & biscuits which was a bonus! Victoria
All very clean and new still so it is hard to find fault. The cooking facilities were welcome, the restaurant and location were also great for us. The staff were also friendly and the beds were comfortable. Ben 8
PA Z ZO R E S TAUR A N T
Opened in December 2017, Pazzo Italian Restaurant & Bar is located next to Hotel 52. Pazzo offers a menu full of fantastic home-style rustic dishes using traditional Italian recipes, fused with some British favourites. The restaurant offers a warm and inviting atmosphere, with modern and elegant dĂŠcor. Within weeks of opening Pazzo has had excellent reviews and repeat business. The restaurant has proved a welcome addition to the area. The restaurant offers various deals for lunchtime, evening meals and a range of cocktails which prove very popular with hotel guests. Visit www.pazzoitalian.co.uk for more information.
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F lo o r P lans En suite
Bedroom 2 with Kitchen
En suite
En suite Bedroom 3 Bedroom 1 En suite
LIFT
Restaurant
Bedroom 11
Lobby
Coffee Lounge En suite
En suite
Bar / Servery
En suite
En suite
Bedroom 6
En suite Bedroom 7
Toilet (male)
Bedroom 10 En suite
Bedroom 8
GROU N D F lo o r
Room 1:
Family
£75,000
Room 2:
Family with kitchen
£75,000
Room 3:
Double/Twin
£70,000
Room 4:
Family
£75,000
Family
£75,000
Double/Twin
£70,000
Room 5:
En suite Bedroom 23
Bedroom 22
En suite
En suite
Bedroom 21
Room 6: Room 7:
Bedroom 24 with kitchen En suite
LIFT
Bedroom 20 with kitchen
£75,000
Double (small)
£70,000
Double (small)
£70,000
Room 10:
Double/Twin
£70,000
Room 11:
Double (small)
£70,000
Room 9:
Bedroom 25
En suite
Family
Room 8:
En suite
Kitchen
Bedroom 9
Bedroom 19
En suite
En suite
En suite
Bedroom 17
Bedroom 18
K E Y I N F ORM AT IO N
En suite
Bedroom 12
Bedroom 16
o n - s i te r estau r ant and co ffee lo u n g e
Bedroom 13
En suite
En suite
Bedroom 15
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Co nfe r ence fac i l i t i es
En suite
En suite
Bedroom 14
R o o m r ates f r o m £45 to £ 135
En suite En suite Bedroom 23
Bedroom 22
En suite
Bedroom 21
En suite Bedroom 20 with kitchen
En suite Bedroom 25
Bedroom 24 with kitchen
Bedroom 19
En suite
En suite LIFT
En suite
En suite
Bedroom 17
Bedroom 18
En suite
Bedroom 12
Bedroom 16 Bedroom 13
En suite
En suite
En suite
Bedroom 15
F IR S T F lo o r
Maj o r i t y o f b o o k i n g s a r e r epeat f r o m E x ped i a and b o o k i n g . co m
En suite
Bedroom 14
Room 12:
Double/Twin
£70,000
Room 13:
Double/Twin
£70,000
Room 14:
Triple
£80,000
Room 15:
Family with kitchen
£75,000
Room 16:
Double (small)
£70,000
Room 17:
Double (small)
£70,000
Room 18:
Double/Twin with kitchen £70,000
Room 19:
Double (small)
£70,000
Room 20:
Double (small)
£70,000
Room 21:
Triple
£80,000
Room 22:
Double/Twin with kitchen £70,000
Room 23:
Double/Twin
£70,000
84.28%
o cc u panc y in DECember 11
There are over 19.25m people a year visiting County Durham
Lo cat i o n & To u r i s m A short drive from Hotel 52 Stanley is the historic city of Durham, home to one of the most recognisable landmarks in the UK, majestic Durham Cathedral. Together with adjacent Durham Castle, this UNESCO World Heritage Site forms one of the most stunning city panoramas in Europe. There are also fascinating heritage attractions including Beamish, the Living Museum of the North. Enjoy the English countryside with hidden gems in the Durham Dales. Only a thirty-minute drive from Stanley, you have the cities of Newcastle and Gateshead, which face each other across the River Tyne. These twin cities are linked by a series of iconic bridges crossing the Tyne.
Newcastle, once at the forefront of 19th century industrial innovation, is now the forefront of technical innovation, leisure and culture. So, whatever your age or interests Newcastle has it all - from museums to cathedrals, bars and restaurants to art galleries, shopping centres to theatre and much more! Just wander around the city and the famous bridges and architecture will leave you spellbound. A veritable shopper’s paradise, it offers a pleasing choice of shopping environments with covered malls such as Eldon Square, where you can find everything you need under one roof. The Georgian architecture and wide streets make shopping in the centre a real pleasure.
The rejuvenated quayside is home to internationally regarded music arenas and art museums. It is lined with stylish hotels, designer bars and restaurants. The Gateshead Millennium Bridge, which opens and closes like the blinking of an eye, a work of art in itself, arches across the Tyne to link the City to Gateshead Quays and the Baltic Centre for Contemporary Art.
D i stance • Hotel 52 is only 15 minutes from Durham by car, with Newcastle Airport only 30 minutes’ drive by car. • The International Cruise Terminal at Royal Quays is just 40 minutes’ drive away. • 12
Newcastle upon Tyne is only 25 minutes away from Hotel 52 with stunning places in Northumberland such as Alnwick being only 40 minutes away.
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SO CI A L M E DI A @hotel_52 Hotel 52 @Hotel_52 Nov 22 2017 Not long until we open our doors at Stanley, County Durham! You can book now from December 1st: http://www.hotel52.co.uk #weekendaway #stanley #countydurham #staycation Hotel 52 RETWEETED
Visit County Durham @VCDBusiness Nov 30 2017 @CllrCMarshall opening speech for the fab @ Hotel_52 and @Pazzo_Italian in Stanley, doors open tomorrow, the rooms are great and the pizza is delicious #LoveDurham Hotel 52 @Hotel_52 Nov 30 2017 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 Hotel 52 @Hotel_52 Dec 1 2017 Our first guests at Hotel 52 - Stanley #stanley #countydurham #northeasthour #NEFollowers Hotel 52 RETWEETED
Keystone Property @keystone_pd Dec 6 2017 Former care home converted into £1.4m hotel and restaurant @Hotel_52 @AllSaintsLiving #investment #propertynews http://www. thenorthernecho.co.uk/news/15691179…
hotelfiftytwo Hotel 52 10 December 2017 at 02:47 Stay in one of our double rooms in Stanley with breakfast & dinner for only £80! More information at: https://goo.gl/8Rj7S4 Hotel 52 13 December 2017 at 01:00 Another great article about our brand new hotel in Stanley!
Hotel to support tourism in Durham | The Mussel Club Aimed particularly at visitors to Beamish Museum, Hotel 52 and Pazzo restaurant in Stanley has also created 20 jobs - the vast majority filled by local people. THEMUSSELCLUB.COM Taylor Ali, Sandy Middleton, Jason Hall and 12 others like this.
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A history of successful projects, our investment process is clear and transparent t h e i n v est m ent p r o cess
Our dedicated team of advisors are experts in planning the best strategy for you to achieve your investment goals.
From the inital enquiry through to completion, our consultants will work closely with you to make the buying process as easy as possible. We are known for developing a number of extremely successful schemes over the years and therefore expect this project to be in high demand. We advise any interested parties to get in touch with our advisors as soon as possible to avoid disappointment. Backed by an experienced team and a history of successful projects, our purchase process is clear and transparent. Our advisors are on-call to take you through each step of the way. We’re anticipating high demand for these investment units. There is an option for the developer to buyback the units at 110% of the purchase price during years 5 -10 of the investment.
1 Choose an investment unit to buy
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3
Pay a £5,000 reservation fee and instruct solicitors
Transfer full investment amount minus £5,000 reservation fee within 28 days to exchange and complete
4 Investment process complete
5 First year investment yield paid within 30 days of legal completion
ava i la b le u n i ts f o r i n v est m ent number of hotel room units: 23 | ROI for years 1-5: 8% ROI in years 6-10: 9% | ROI to be paid quarterly in arrears
For more information: Gary Powell - Managing Director T: +44 (0)7983 981 222 E: gary.powell@admiredproperties.co.uk 15
about US
We started on Larbert House & Country Estate in Stirlingshire. A conversion of a Grade II Listed mansion into 56 aspirational homes. We also commenced work on: The High Street Group was founded to provide wealth management, developer finance and claims advice, offering expertise and opportunities across multiple sectors.
• Peacock Mews, Raskelf • Peacock House, Raskelf • St.George’s Road, Harrogate • Frenchgate House, Richmond • Bardywell Heights, Whitehaven
2013 2006
2015 2014
All Saints Living was created. We also started our first project: Stamford Lea, Rennington.
Work began on projects such as Burn Brae House in Hexham
and Ashcroft Mews in Seaham.
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Hadrian’s Tower, Newcastle upon Tyne All Saints Living acquired a site to construct and market what will be Newcastle’s tallest building. 165 apartments over 26 floors in the heart of the city The Walled Gardens, Gosforth All Saints Living expanded with work on Aidan Gardens in Belmont, County Durham. A development of 26 new build apartments and houses.
2017 2016
Development of 14 new executive properties Morar House, Helensburgh Work started on development 12 properties Silbury Boulevard, Milton Keynes
Launch of Hotel 52 Brand
8-storey block of 139 apartments - sold to Grainger PLC Westminster Works, Birmingham Development of 282 units
Cheshire Junction, Warrington Development of 362 apartments over 8 floors Middlewood Plaza, Salford Development of 125 apartments over 9 storeys
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AL S O AVA ILA BLE N OW
WHITLEY BAy
f r o m £ 6 0 , 0 0 0 w i t h 8 % y i eld f o r 5 y ea r s there is an option for the developer to buyback the units at 110% of thE purchase price during years 5-10 of the development number of hotel room units: 32 | ROI for years 1-5: 8% ROI in years 6-10: 9% | ROI to be paid quarterly in arrears
STANLEy Stanfield House, Joicey Square, Stanley, County Durham, DH9 0PG
2nd Floor Cuthbert House, All Saints Business Centre, Newcastle upon Tyne, Tyne & Wear, NE1 2ET info@thehighstreetgroup.com 0191 211 4120 www.thehighstreetgroup.com TheHighStreetGroup
@highstreetgroup
stanley@hotel52.co.uk 01207 263 790 www.hotel52.co.uk hotelfiftytwo
@hotel_52