Commercial

CORNWALL HOTEL ACQUIRED BY INDEPENDENT GROUP

The Fowey Valley Hotel in Cornwall has been acquired for an undisclosed sum. The hotel in the town of Lostwithiel, located around six miles from visitor attraction The Eden Project, has been bought by an unnamed independent hotel group. The 38-bedroom accommodation hotel trades under the Best Western franchise and has been operated by independent

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COMMERCIAL PROPERTY AUCTION FEATURES 17 LOTS ACROSS SCOTLAND

Shepherd Chartered Surveyors’ latest commercial property auction, featuring lots throughout the length and breadth of Scotland, is scheduled for broadcast live online with remote bidding on Tuesday 28 th February at 2.30pm. Its catalogue features a wide range of commercial property and development land opportunities across Scotland with guide prices starting at only £7,500. The

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INDUSTRIAL TAKE UP IN ABERDEEN REACHES NEW LEVELS

Take-up of industrial property in Aberdeen surged to its highest level in almost a decade last year, as a high oil price and greater interest in renewables boosted activity in the energy sector and its supply chain, according to Knight Frank. The independent commercial property consultancy’s analysis found that the Granite City saw 926,140 sq.

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ORGANISATIONS BACK PROPOSED AYRSHIRE ECO THERAPY WELLNESS PARK

Proposals for a world-leading wellbeing destination have been backed by a hat-trick of local organisations in advance of determination by the Planning Committee of East Ayrshire Council, to be held on today. In joint letter to councillors (highlighted below), Auchinleck Community Council, a statutory consultee in the planning process, Auchinleck Community Development Initiative and Ayrshire

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SHOPPING CENTRE HIRES NEW MANAGER TO OVERSEE DEVELOPMENT

Five Valleys shopping centre in Gloucestershire has appointed a new manager to oversee its final phases of redevelopment. Jack Simpson (pictured above) will head up the operations team at the complex in Stroud town centre, which developer Dransfield Properties has invested £30 million in regenerating. Cheltenham-based Mr Simpson, who has eight years experience of managing

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SCOTTISH HOSPITALITY SECTOR RESPONDS TO NEW GOVERNMENT RULES

The Scottish Government has announced that hospitality businesses will be able to place tables and chairs outside their premises without a planning application. They have also backed the relaxation of planning rules for conversions of certain premises into some hospitality venues. Business leaders have welcomed the relaxation of the rules, which is likely to be

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CONSTRUCTION FIRM FACING MAJOR FINANCIAL ISSUES

One of the North East’s largest construction firms is in severe financial difficulties that have put a question mark over its future. Gateshead firm Tolent is a £200m business which employs around 450 people. The company has been involved in some of the region’s largest recent building projects, including Hadrian’s Tower in Newcastle, the Milburngate

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SURVEYORS BRING FIRST TENANT INTO REFURBISHED UNITS

Leading independent firm of chartered surveyors, DM Hall, together with property agents, Ryden LLP, have secured the first tenant for one of the seven recently refurbished industrial units at 1-7 Crombie Road, Aberdeen. In-site Property Solutions Ltd, an award-winning family-owned business with over 40 years of industrial property ownership and management experience throughout the north

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WHOLESALER’S REGIONAL DISTRIBUTION CENTRE CREATES NEW JOBS

A major UK drinks wholesaler has opened up in a purpose-built distribution depot in Doncaster, creating more than 50 new jobs. LWC Drinks has completed the £7 million project to take on a 58,164 sq ft site on Herons Way, and will serve customers in South and East Yorkshire, Lincolnshire, Nottinghamshire and Derbyshire. It follows

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