Naylors celebrates brand new office lettings at Fenham Hall Studios in Newcastle

Commercial property specialist, Naylors has announced the letting of two newly created office suites at Newcastle’s Fenham Hall Studios.

The popular office complex, located in the private grounds of Fenham Hall, has recently undergone a £240k refurbishment to provide 2,000 sq ft of additional office space.

Since completion of the project, a new ground floor suite has been let to existing tenant The Roundhouse Design Consultants, taking its total occupancy at Fenham Hall Studios to 4,200 sq ft.

The refurbished accommodation provides Roundhouse with additional studio space, a new director’s office and a staff area with WC facilities.

A newly created first floor 1,250 sq ft suite has also been let to HB Innovations on a 10-year lease negotiated by Naylors’ office agency department.

James Fletcher, surveyor at Naylors, said: “This refurbishment project has created some quality office space and we are very pleased to have helped secure the new occupiers.

“We find that businesses are attracted to Fenham Hall Studios thanks to the combination of ease of access to the city centre and a very attractive landscaped setting.

“There is currently a very limited level of new office space being created in Newcastle, so occupiers are actively interested in good quality opportunities when they arise.”

Following the latest lettings at Fenham Hall Studios, two ground floor office suites, both of which are eligible for 100 per cent business rates relief have become available.

Peter Lambert, of Fenham Hall Studios, added: “Following completion of our refurbishment project, 2018 is proving to be a fantastic year at Fenham Hall.

“We are confident that the self-contained suites available on the ground floor will attract a healthy level of interest thanks in part to their eligibility for rates relief, which can provide a major saving for small businesses.”

Fenham Hall was originally developed in 1745 by the Mayor of Newcastle, John Ord.