Member Article

Naylors appointed to Sunderland Vaux development

Siglion, the joint venture between Carillion and Sunderland City Council, has appointed Newcastle-based Naylors Chartered Surveyors to act as a joint agent on a new Grade A office development in Sunderland.

The 5.5 hectareVaux site is being developed to provide office, retail, residential and leisure space in 19 separate buildings to create a flagship development.

Earlier this year Sunderland Council granted planning permission for Siglion’s masterplan, which is set to include a number of high specification Grade A office buildings.

John Seager, Siglion Chief Executive, said: “We are now in a position where we can begin works to breathe new life into the Vaux site, which has been empty for almost 17 years since the brewery closed.

“We have brought Naylors on board as joint agent alongside Knight Frank to work closely with us on the marketing of the scheme and to secure occupiers for the office buildings.

“There are already a number of companies on our radar and we anticipate this exciting development will attract many new companies to the city centre.”

Simon Taylor, director and head of office agency at Naylors said: “This is a fantastic appointment and one we are delighted to have won. There is very little new Grade A office development in the region and especially in city centre locations.

“Siglion plan to create something that Sunderland has never seen before which makes this a very exciting project for the city and everyone involved.”