Bradley Hall’s Sunderland team recently completed three commercial property transactions in a single afternoon, highlighting the heightened confidence in local retail and office markets across Sunderland and South Tyneside and the team’s hands-on approach to supporting landlords and occupiers through the letting process.
The three completions, handled by Bradley Hall Agency Surveyor Daniel Moralee, involved commercial properties at 57 Fawcett Street and 12–14 Park Lane in Sunderland, and 33 Frederick Street in South Shields.
The deals form part of a busy period for Bradley Hall Sunderland’s Commercial Agency team, which works with landlords, investors and occupiers across Wearside and the wider region.
Three completions in one afternoon
The transactions covered a variety of commercial requirements across the region.
At 57 Fawcett Street in Sunderland city centre, Bradley Hall secured tenants for both ground-floor units, helping the landlord bring the previously vacant space back into occupation. The property is positioned within Sunderland’s established retail core, with the available accommodation offering open-plan commercial space suitable for a range of occupiers.
The team also completed a letting at 12–14 Park Lane, a prominent commercial property close to Sunderland’s transport interchange and city centre amenities. The property comprises a ground-floor retail unit with an open-plan layout, WC facilities and a substantial basement providing additional storage.
The third completion took place at 33 Frederick Street in South Shields, a two-storey commercial premises providing ground-floor retail or showroom accommodation alongside additional first-floor space.
For Daniel, seeing each transaction progress from initial discussions through to completion is one of the most rewarding aspects of working in Commercial Agency.
“Regardless of the property, it always gives me great satisfaction to see the process go from an empty unit, to agreeing Heads of Terms, to a signed lease and ultimately handing the keys over to a new tenant.”
Supporting clients beyond the transaction
The recent completions also demonstrate the wider support provided by Bradley Hall’s Sunderland team throughout the commercial property process.
At 57 Fawcett Street, Daniel was able to assist the landlord with an issue relating to their electricity bill, helping them save more than £600 after advising them to challenge the bill they had received.
The team also worked to tight deadlines linked to financing, ensuring both ground-floor units at 56–57 Fawcett Street were occupied and the transactions completed within the required timeframe.
Daniel said the deals also highlighted the importance of working closely with trusted professional partners, adding that the team had received excellent feedback from clients and had been able to add two Yorkshire-based solicitor firms to its list of recommendations following their efficient work on the transactions.
Commercial property activity across Sunderland
The latest completions come as Bradley Hall continues to build its Commercial Agency offering across Sunderland and the surrounding areas.
The Sunderland office, based on Frederick Street in the city centre, provides a range of property services including Commercial Agency, Valuation & Lease Advisory, Property Management, Building Surveying, Land & Development and Residential Agency.
The team advises clients across Sunderland, South Tyneside and County Durham, with current commercial instructions spanning retail, office and industrial property.
Recent instructions include retail premises on Fawcett Street, office accommodation on Colima Avenue and larger industrial units at East Boldon, demonstrating the breadth of commercial property requirements being handled by the team.
For landlords, securing the right occupier is only one part of the process. Understanding the local market, identifying suitable businesses, negotiating terms and managing the transaction through to completion can all have an important impact on the success of a letting.
The latest trio of completions demonstrates the value of that approach, with Bradley Hall Sunderland supporting clients through each stage to deliver successful outcomes.
Daniel Moralee is an Agency Surveyor at Bradley Hall Sunderland. To discuss the letting or sale of a commercial property across Sunderland, South Tyneside or County Durham, contact the Sunderland team on 0191 563 4242 or email sunderland@bradleyhall.co.uk
