Naylors has recently announced the launch of a new dedicated Retail Department following a series of new instructions.
The newly assembled Retail Agency team specialises in the sale, letting and acquisition of retail accommodation throughout the North East, acting on behalf of landlords, investors, developers and occupiers.
Naylors were recently instructed to market a retail property on Front Street at Newbiggin by the sea. The property, which was formerly a Post Office, comprises a ground floor retail unit with storage and a 4 bedroom flat on the first and second floors. Naylors inspected and measured the premises and launched a marketing campaign.
The property proved very popular – we received numerous calls within a short space of time. Within two weeks we had strong interest from Jillys’ Homebake and we successfully negotiated a deal between the landlord and Jillys, who have signed up to a 7 year lease.
The letting forms part of the bakery’s expansion and will be their third retail site in addition to their existing premises in North Shields and Seaton Deleval. We were pleased to be able to achieve such a quick and smooth letting.
For further information about our Retail Agency services please contact James Fletcher on 0191 211 1560.