The High Street Group Story

Our Story

03

Contents The High Street Group • Welcome 03 • About us 04 • Key Timeline 06 • The High Street Group Structure 12 • Meet our People 14 • Charity News 16 High Street Residential • An Introduction • Managing Director • The future of the Private Rental Sector (PRS) • Key considerations for the Build to Rent sector • Smart Technology • Our Projects • Rooftop Extensions

22 23 24 26 27 28 46

High Street Developments • An Introduction • All Saints Living • Managing Director • Our Projects • Upcoming Projects

50 52 53 54 64

High Street Hospitality • An Introduction • Managing Director • Hospitality Locations • Our Projects

66 67 69 70

03 | The High Street Group

Welcome The High Street Group has undergone significant and planned growth since the company’s inception in 2006, strategically driving the value of the business to £1.2 billion in 2018. We are now striving to increase this value to £3 billion in the next three years. This will be delivered by structuring our business streams into three key areas and delivering on financial goals: • H igh Street Residential is targeting an annual turnover of £400 million through delivering high quality Build to Rent accommodation across the UK. 80% of this turnover will be to financial institutions. We have already secured a pipeline of £1 billion to be able to achieve this. In addition to this, HSR are preparing to launch into Rooftop Extensions, and we have identified 25 projects with a Total Gross Development Value £88 million.

•

High Street Hospitality is investing in affordable boutique hotels, and is focused on adding to our existing portfolio to establish the Hotel 52 brand across 15 to 20 UK establishments, as well as strategic acquisitions in the luxury and wedding sector.

• High Street Developments is on track to become an established mid-sized regional housebuilder, growing annual turnover to be in the region of £60 million, with a burgeoning pipeline for 2019.

To maintain our efficient and growing operations we now employ over 350 people nationwide and believe our employees are key to the success of our business. We have expanded from our Head Office in Newcastle City Centre, recently opening an office in Dubai and relocating our Developments division to office premises in County Durham.

We believe our values of an entrepreneurial spirit, integrity and flexibility shine bright across all verticals of the company.

We plan further unparalleled growth in the coming years, with many projects in the pipeline and the fruition of a hugely exciting opportunity to create Rooftop Extensions in London and Manchester.

We trust you will enjoy reading all about The High Street Group and our exciting plans.

Gary Forrest

‘ It’s not about ideas, it’s about making ideas happen’

About us Founded in 2006, The High Street Group is an award winning family of companies successfully growing in three key sector; Private Rental Schemes, Property Development & Construction, and Hospitality.

Since its inception, the Group has undergone significant planned growth, driving the value of the business to £1.2 billion in 2018. With over 100 years industry experience in the executive team and 350 UK employees, we fully expect to increase this to £3 billion in 2021.

Initially, success for the Group was primarily found within the property sector, where we quickly became one of the fastest growing construction and development companies in the North East. Our secret? Building future proofed developments where people love to live.

However, our Chairman’s keen eye for opportunity and desire to diversify soon led us to establish a successful chain of restaurants,

hotels, & bars, as well as the acquisition of First Penthouse - a multi-award winning penthouse employing cutting edge construction technology.

Fast forward to today and The High Street Group operates within three key development sectors; Private Rental Sector (PRS) schemes, Residential Development, and Hospitality; resulting in a strong, sector-diversified portfolio of landmark projects that minimises risk for our partners.

While our roots will always lie in the North East of England (see our flagship development, Newcastle’s tallest skyscraper), our exceptional financial strength and innovative approach to growth has allowed us to quickly expand into London, Dubai, Malaysia, and Singapore.

05 | The High Street Group

Looking forward We are currently focused on growing our large scale building and property portfolios to fully explore the potential of the PRS sector through our Build to Rent property company, High Street Residential.

High Street Residential Our PRS pipeline is currently estimated at £1 billion, with our first forward-funded scheme on site in Milton Keynes already under institutional sale with Grainger PLC (one of only two Grainger UK purchases in 2017). We have also established a wide network of relationships with institutional investors to give the comfort of a robust exit strategy for these investors.

The construction of our flagship project, Hadrian’s Tower is also well underway.

The project is set to be the tallest building in Newcastle at 27 stories high with 162 apartments, half of which have already been sold.

High Street Developments Our development company, High Street Developments, continues to grow from strength to strength - procuring land and building new homes under our All Saints Living brand in key locations throughout the UK. We are also proud to have won several major awards in 2018 for Morar House and The Walled Gardens.

High Street Hospitality High Street Hospitality has a strategy to purchase, renovate or construct, and manage 15-20 hotels in the next five years, with a large proportion of this already purchased and profitable.

The division is moving rapidly ahead with this plan with the Hotel 52 brand which has two operational hotels at present and a further two in development. We have many more projects in development, from taking over Antler and The Fat Buddha in Newcastle, to the expansion of our locally recognised Pazzo brand into Thinford.

Each of our establishments has on-site dining in the form of our restaurant chains (see Loca and Pazzo) and - as of 2019 - many have a sports bar facility launched under the name Bar 52.

In short...

A combination of our passion, financial strength, and far-reaching relationships has allowed us to expand from Newcastle upon Tyne to Dubai, Malaysia, and Singapore – with over 350 employees now operating in the UK alone.

With flagship projects like Newcastle’s tallest skyscraper, a portfolio of exclusive residential developments, and instantly recognisable hospitality brands, our significant growth and business expertise will secure our vision to become a £3 billion business within three years.

06 | 07

Key Timeline - High Street Residential

Middlewood Plaza Salford - 2018 Hadrian’s Tower, Newcastle - 2017

Cheshire Junction, Warrington - 2018

2017

2018

Silbury Boulevard, Milton Keynes - 2017 Talbot Road, Trafford - 2018

Westminster Works, Birmingham - 2018

The High Street Group

Kent Street Baths (Plot 1), Birmingham - 2018

Holloway Head Birmingham - 2018

Brett Wharf, Gateshead - 2018

2019

The Stoneyard, Birmingham - 2019

Kent Street Residence, Birmingham - 2018

Pottery Lane, Newcastle - 2018

08 | 09

Key Timeline - High Street Developments

Sunderland Bridge, County Durham - 2016

Larbert House & Country Estate - 2014

Ashcroft Mews, Seaham - 2015

2013

2014

2015

2016

Burn Brae House, Hexham - 2015

Stamford Lea, Rennington - 2013

Aidan Gardens, Belmont -2016

Morar House, Helensburgh - 2017

Arrathorne View, Hunton - 2019

Student 52, Newcastle - 2018

2017

2018

2019

Roseate View, Amble - 2019

Moncrieff View, Lenzie - 2019 The Walled Gardens, Gosforth - 2017

10 | 11

Key Timeline - High Street Hospitality

Hotel 52

Bar 52

Whitley Bay - 2016

Whitley Bay - 2018 Pazzo Stanley - 2017

2016

2017

2018

Loca Whitley Bay - 2017

Hotel 52 Stanley - 2017 Sea Hotel South Shields - 2018

Rustica

The Purple Peacock

Washington - 2018

Yarm - 2019

Loca South Shields - 2018

2019

Bar 52 South Shields - 2019

Hotel 52 Parkmore Yarm - 2018

Thinford - 2019

12 | 13 The High Street Group

The High Street Group Structure

Nicola Buzzeo PA

Gary Forrest Chairman

Steve Brown Group Legal Director

Joanne Bell Group Finance Director

Sonali Craddock Group Marketing Director

Gavin Fraser Managing Director High Street Residential

Kirk Thompson Managing Director High Street Developments

Phill Brumwell Managing Director High Street Hospitality

The High Street Group

14 | 15

Meet the Board With over 100 years experience across financial services, hospitality, construction, and residential sectors, the Group’s planned and significant growth can be traced back to our industry-leading Board of Directors and expert in-house teams.

Though the Group is relatively young, our network of industry relationships has allowed us to build a team of over 300 highly competent sector specialists; meaning that from Marketing to Senior Management, the £3 billion by 2021 vision is as shared as it is achievable.

Gary Forrest, Chairman Raised in the North East, Gary has over 30 years of experience in financial services and investments.

Initially working in the mortgage sector, Gary successfully grew his lending business from £100 million to £1 billion within five years, before selling High Street Home Loans to focus on a new venture, The High Street Group.

Quickly realising the need for an end-to-end solution from land acquisition to project completion, Gary entered the construction and development sector.

The result? High Street Construction.

In an extraordinarily short space of time, High Street Construction has become one of the fastest growing medium sized builders, winning both Best Renovation Project (Scotland) and Best Medium Sized Builder (UK), and delivering a pipeline of projects valued at £120 million.

Most recently, Gary has homed in on the growing demand within the Private Rental and Build to Rent sectors, with the Group quickly shifting to capitalise on this. Today, the Group already has several large-scale projects under construction, including Newcastle’s tallest building, with a further £1 billion of projects in the pipeline.

Joanne Bell, Group Financial Director A fellow of the Institute of Chartered Accountants of England and Wales, qualified as a Chartered Accountant with PricewaterhouseCoopers, before moving to Gentoo Group - a large housing association in the North East of England, in 2002.

Joanne joined The High Street Group in January 2018, bringing more than 18 years’ accounting experience across a range of industries - including house building, construction, and financial services.

Joanne’s role requires her to oversee both transactional day to day finances of the group and advise on strategic finance. Her work ensures that the business has robust financial information on which sound decisions can be made.

The High Street Group

Steve Brown, Group Legal Director Steve qualified as a barrister and was called to the bar in 2005, where he practised in areas, including litigation and contract disputes until 2010, when he was cross qualified and admitted to the roll of solicitors of England and Wales.

From there, he worked in a private practice, specialising in civil and commercial matters, before moving to The High Street Group in 2014 to head up the Group’s legal structure.

Steve oversees the many facets of the The High Street Group business, from hospitality to large scale development, alongside our in-house legal team. His time is mainly devoted to the Group’s £1 billion private rental developments; where he is integral to the negotiation of multi-million pound institutional development agreements with the likes of Grainger Trust PLC and Cording Real Estate.

Sonali Craddock, Group Marketing Director The Marketing Director for the Group and all companies within it, Sonali studied with the Chartered Institute of Bankers and attained membership in 1998, before gaining Financial Planning Certificates 1, 2, & 3, and Diplomas in Digital Marketing & Social Media.

Sonali spent ten years with Bank of Scotland in a variety in marketing and communications roles before moving to DLF for 6 years to market luxury projects in Delhi, Goa, and Kasauli.

With over 20 years experience, she joined The High Street Group in 2014 to develop marketing strategies that have been crucial to our successful growth.

Sonali also manages all aspects of the Group’s external communication, public relations, and internal marketing activities.

Charity News The High Street Foundation At The High Street Group, we believe the best businesses support their communities to thrive alongside them. Which is why we’re always looking to host fundraisers to support local charities; these can include anything from climbing mountains to trekking canyons!

North Eastener’s at heart, we also believe in giving back to the communities in which we build our projects, often integrating our construction team into the businesses and local communities in which they operate.

We are exceptionally proud to have been one of Just Giving’s largest fundraisers in 2016, raising a total of £41,000 for Macmillan Cancer Support, which was mostly realised by a team of 14 Group employees climbing Kilimanjaro.

Charities Supported

To further our aims of supporting our local community, The High Street Group is proud to have established The High Street Foundation, led by our chairman Gary Forrest.

The High Street Foundation, funded by profits from The High Street Group, aims to back projects that deliver ‘real and lasting benefits, or enable inspirational individuals to achieve their ambitions’.

To learn more about The High Street Foundation visit our website, or read on to learn about the Group’s charity efforts so far.

17 | The High Street Group

High Street Peaks - June 2019 This June, a contigent of The High Street Group took to the mountains to conquer the UK’s biggest three peaks in 24 hours - and they did it!

The challenge, taking on the three largest mountains in one single day included: • Ben Nevis - Scotland’s biggest mountain at ....1,344m • Scafell Pike - England’s biggest mountain at ....978m • Snowdon - Wales’ biggest mountain at 1,085m The team undertook the mission to raise much needed funds for Hadrian School, Newcastle upon Tyne; the school itself caters for the needs of 160 primary aged pupils with a range of disabilities, including complex and severe learning difficulties.

The aim was to raise £3,000 over the course of the trek, and so far the team has raised

June 2019

a cheerworthy £2,790 with donations up to £500 coming in from Mincoffs Solicitors, FJP Investment, and DP Crowd. Plus an influx of donations have come from friends, family, and the High Street Group team itself - meaning hopes are high to hit the final number in the coming days.

Gary Forrest, our resident chairman and charity fan, stated that: “We’re all so incredibly proud of the 10 who made it up Ben Nevis, Scafell Pike, and Snowdon, all in one day. It’s an incredible achievement really, with the proceeds going towards a hugely worthy cause.

I’d like to personally thank all who made the climb, everyone that donated, and the staff at Hadrian for running such a fantastic school.”

18 | 19

Boxing Clever for Macmillan - December 2018 After trekking from river deep, to mountain high this year, we’re now boxing clever to reach the final stretch of our £50,000 target charity raise this year.

Fighters include Chad Ellis, Darren Reay, Jay Hughes, and Kyle Redfearn, who all train at the MTK gym in Gateshead, owned by our Chairman Gary Forrest.

While we’ve already raised over £40,000 for cancer charities Macmillan Cancer Support and St. Oswald’s Hospice (mostly coming from a 50 mile walk in the Grand Canyon and a small ramble up Mount Kilimanjaro) we have a little way left to go.

As Gary says: “Most of us have been affected by cancer, either personally or through a family member or friend, so we’ve been supporting cancer charities for the past three years. We hope this event will push us beyond the £50,000 mark and all the money raised will go to a new service which is doing such fantastic work in our region.”

As such, we’re staging a charity boxing event, this time for the Macmillan Supportive, Palliative, and End of Life Service within the North East Ambulance Service NHS Foundation Trust.

The event will take place at the Hilton Hotel Gateshead during the evening of Thursday 13th December. There will be four professional bouts and, after the final bell, a charity auction, entertainment, and dancing till late.

December 2018

Proudly, Macmillan Nurse Facilitator Sarah Turnbull (who has worked as a Macmillan nurse within the community for nearly 10 years) said about our charity work: “We are very grateful for this support from The High Street Group, which will make a real difference to our patients and their families.”

The High Street Group

CEO Sleepover - March 2017 On March 9th 2017, our Chairman Gary Forrest took part in the CEO Sleepout at St. James’ Park, Newcastle upon Tyne.

The event was a massive success, with CEOs and Executives from all over the country joining in to raise awareness of homelessness and poverty in the UK. The total raised so far stands at £76,300.

Grand Canyon Challenge - July 2017 This July, we completed what can only be called a gruelling trek through the Grand Canyon where we raised £3,407.62 for St. Oswald’s Hospice.

St. Oswald’s Hospice, based in Gosforth, provides essential care for people living with an incurable condition and provides support for their families.

Our eleven strong team travelled travelled to Arizona in the USA and tackled tough terrain, wildly changing weather, and the odd blister on the 50 mile excursion. We couldn’t be more proud!

Lucy Smith, Senior Fundraiser at the hospice said: “We want to say a huge thank you to the team from The High Street Group for choosing to fundraise for us. Their Grand Canyon adventure sounds like it was a real challenge and we are delighted that they were able to complete it and raise vital funds for the hospice. We simply couldn’t continue with our work without the support of local businesses like The High Street Group.”

In Sonali Craddock, our Marketing Director’s words: “The challenge really tested all of our physical and mental limits, but knowing that we were raising money for such an excellent cause drove us on. It was a spectacular experience and we are delighted to have handed over the cheque to help the hospice continue the fantastic work it does in the region.”

Climb Against Cancer - January 2016 In January 2016 our North East based team was shocked to find out we were one of the UK’s top charity donors in 2015, among the top 1% of the 532,124 contributors that used JustGiving in 2015.

A large portion of this came from having raised £41,652.77 for Macmillan Cancer Support, with the money raised being targeted at projects in the region to provide better practical, medical, emotional, and financial support for those fighting the disease.

Our exceptionally proud Chairman, Gary Forrest, had this to say: “[Raising the money has] been great fun and a real challenge - especially the African experience - but most importantly it has been fantastic to have raised so much (and to be recognised for the effort!)”

Erin Fairley, Fundraising Manager with Macmillan Cancer Support in the North East also said: “The support from The High Street Group has been invaluable to Macmillan locally. This is such a huge challenge and they should all be so proud of what they have achieved and the incredible amount of money they have raised. This will enable us to reach the 45 people in the North East who are diagnosed with cancer every day, helping to ensure that no one faces cancer alone. We cannot thank them enough.”

For this achievement, we received a message and badge of achievement from JustGiving, with Isabel Sanchez, Head of Corporate Sponsorships, saying: “The High Street Group is a great example of an organisation which has highly motivated people that raise money for causes they care about. We congratulate them on this wonderful achievement.”

20 |

An Introduction High Street Residential is a property development company focused on Build to Rent schemes in the Private Rental Sector in the UK Our profile We are a team of experienced and motivated professionals with years of construction knowledge in large scale complex developments.

We deliver high quality developments through a combination of innovative design, in depth analysis of locations and rigorous research of our target market to ensure maximum sustainability of each of our projects.

We are committed to delivering homes and creating communities with added value where people want to live and work.

Vision Our vision is to provide an end-to-end solution to Institutional and Individual investors in the Private Rental Sector, whilst becoming the most reputable and recognised Build to Rent developer in the sector.

Mission Our mission is to locate developments in areas of high opportunity and great demand and we will provide 15,000 new homes in the next 5 years.

This is executed with the initial identification and analysis of potential sites. This process will be managed from initial funding through to the eventual exit strategy and management of the developments. This should result in a stable business with turnover in the region of ÂŁ400m per annum. Our exit strategy consists of 80% sales to our institutional partnerships and their requirements for a long term and steady income stream, and 20% of individual sales to overseas purchasers seeking a high growth, high income sustainable property investment.

23 | High Street Residential

Our vision is underpinned by our mission to provide an end-to-end solution to Institutional and Buy to Let investors in the Private Rental Sector.

What we do Our focus is on the Private Rental Sector by creating quality residential developments in places where people want to live. Location is essential to our developments where demand is escalating, and our designs are tailored to the Build to Rent market where local communities are sustainable and there is a growing institutional investment appetite.

Over the next 5 years we will develop rental homes for over 15,000 people located in the UK’s most in-demand cities. We have secured a large pipeline of developments that evidences our commitment to the Private Rental Sector.

Our projects are in various phases of the development cycle from conception, to planning and to on-site construction.

We have established long term partnerships with Institutions in the Private Rental Sector by understanding their criteria for investment and steady income stream, and we are able to create opportunities tailored to suit their requirements.

Our development team have extensive expertise in both delivering and managing projects and identifying a supply chain capable of constructing high-quality properties.

In a relatively short period of time, High Street Residential has assembled a portfolio of landmark projects and quality investment assets in strategic areas in the UK which can ensure we will enjoy substantial growth in the forthcoming years.

Gavin Fraser, Managing Director Gavin has worked in the Construction and Development field for over 25 years, holding senior leadership and director positions at Ballast Nedam, Rok Plc and Balfour Beatty. Gavin was National Housing Director for Rok Plc, helping grow the business from £250m to £1bn turnover in 10 years, including £300m per annum of residential projects for the Private Rental and Affordable Housing sectors.

Gavin has performed various roles as a non-executive adviser to Directors at Kier, Macquarie, United Living and Forrest, helping to grow their businesses through the creation of investment grade products in residential and energy.

Gavin’s skill is understanding specific investment appetite from both institutional investors and overseas buyers, identifying potential projects in the Build to Rent sector. Gavin’s extensive expertise and knowledge of both the private rental and construction sectors ensure that the projects identified are both sustainable and deliverable in a cost-effective manner.

The evolution and the future of the Private Rental Sector (PRS) 1. Definition of the Private Rental Sector (PRS) & Build to Rent (BTR) The Private Rental Sector in the UK comprises any property that is privately owned and being rented out as housing, usually by an individual landlord, but also by housing organisations and institutional investors. As other tenures decline across the country, it is the fastest growing sector in the country, predicted to surpass social rented housing imminently. In the UK, Build to Rent is an emerging sub sector within the PRS in the UK and is designed specifically for renting rather than for sale, and is typically managed by specialist operators and owned by institutional investors.

2. The history of the Private Rental Sector in the UK Overall, PRS has doubled in the last 10 years or so, and it is expected to continue to grow to 5.79 million households.

Private rented housing now comprises almost 16.5% of all households, or nearly 3.8 million homes in England. The increase is due to the fact that the Private Rental Sector offers a flexible form of tenure and meets a wide range of housing needs. It contributes to greater labour market mobility and is increasingly the tenure of choice for young people.

Many factors support these claims: •

Households have increasing difficulty in accessing owner-occupation

•

There is a shortage of social housing provision, where waiting lists are increasing rapidly

•

Migration has grown and the labour market increasingly requires a flexible workforce

Much of the growth in PRS is spearheaded by investment for new property developments from single companies rather than multiple spectators or individual investors, in a manner similar to the American private rental sector.

The first big UK Private Rental Scheme to get off the ground was East Village in Stratford, the former Olympic athletes’ quarters which were turned into 3,000 homes, with almost half on three year tenancies.

The proportion of households in the Private Rental Sector in the UK is set to grow by 24% by 2021 which means that one in four will be renting rather than owner occupiers, an increase from 19.4% in 2018

25 | High Street Residential

The UK Built to Rent market is forecast to continually grow a further 180% over the next six years 3. The future of BTR in the UK housing market

It is estimated that the Build to Rent Sector could drive property investment to £70bn by 2022, with the potential to each at least 240,000 homes built for rent by 2030 The ‘millennial generation’ has until now played the biggest role in changing the housing market to being a lifestyle choice to rent, however retirement living, co-living and family homes are increasingly being considered. Natural transition from living in managed student accommodation to living in a rental building with shared amenities. Older people are turning to renting and ignoring the services and facilities offered, catering to diverse age groups also future proofs a building as people who are renting now may still be renting in 10 years’ time.

Private Rental Sector housing creates a sense of belonging, a community, shared values and identity – meet in lounge areas, work in the business centres, relax in the gym, compare notes at wine tasting.

4. The opportunity for developers

£30bn of institutional investment is earmarked for the building of new homes to rent It is clear from the quickly emerging UK market and trends in living that BTR developments are becoming more established in the housing market, presenting a tremendous opportunity for developers.

The test is to ascertain whether BTR is a viable option which will see an attractive return versus typical sales values. However, when calculating actual net sales after deducting sales and marketing costs, the end value is usually not too far from the open market sales option. In addition, there is also the opportunity to either initiate or grow regeneration with these large scale developments, which can lead to an increased return on capital.

BTR also removes the sales risk to developers as whole developments are pre-sold or forward funded by institutional investors.

The way properties are managed is also an important factor in the success of PRS housing and the renewal of tenancies, and how included the tenant feels as part of the community. Apps and social media are used to communicate and report any issues with the apartment, schedule repairs and receive notification of the arrival of packages, as well as interact with other tenants.

Developers need to be able to achieve multiple efficiencies in the design, management and scale of the schemes such as size of rooms, heating and waste, all of which are harder to achieve in London.

Developers are therefore looking at regional developments outside of London, and the reality is that some regional locations have strong employment rates and thriving local economies, alongside lower land values.

The expectations and appetite for facilities and amenities are key to designing the right product, including a significant store or locker for packages so as not to put a strain on a concierge, as well as refrigerated space for food delivery, cleaning services and communal spaces.

By looking at the US and understanding their amenities and level of service, combined with a well-considered design, developers in the UK will be placed in a strong position to create successful and sustainable developments.

BBC report – one third of millennials will rent for the rest of their lives

26 | 27

Key considerations for the Build to Rent sector The key factors in order for companies to capitalise on the opportunity and growth in the Build to Rent Sector 1. Target the right demographic Currently, the largest target market for many PRS schemes are the 24-34 age group, typically key workers, or young urban professionals, who are looking for a comfortable and affordable place to stay for a secure length of tenure. Whilst this demographic provides the highest demand for Built to Rent properties, as proven by the numerous successfully emerging schemes, there is also a requirement from downsizers, multi family groups, domestic and overseas students and graduates, particularly in popular university cities across the UK. 2. Build in the right location The most successful developments are in urban locations, or on the fringe of cities with substantial regeneration and easy commuter links. Local facilities and amenities should be present to service the growing population.

Thorough research is undertaken by our experienced team to confirm the demand is significant and sustainable, and rents are in proportion to local salaries.

3.

Create a sense of place Tenants who feel they are part of a community tend to rent properties for longer, which then reduces the risk of rent voids which can affect investor returns. To attract and retain target group tenants, added amenities such as resident support, on site management and concierge services are part of the PRS lifestyle formula, as well as communal work spaces, amenity space, cafÊs and gyms. To further enhance the residents’ experience, each building will organise social events such as wine tasting, regular networking events and social gatherings tailored to the desires of the tenants. This will encourage the tenants to form relationships with people in the building and the on site management.

4. Allow for building management Effective building management enhances and protects the long-term value of a development. PRS or Build to Rent investors are looking for income over long term periods, therefore maintaining the quality of a site is important. Creation and communication via social media allows tenants to communicate with building management as well as other residents. Provision for on-site retail units and communal spaces will help in the development of a lifestyle brand unique to the building. This can enhance the rental potential both in terms of tenure and income.

5. Careful consideration of unit design Unit sizes need to be carefully considered and should relate to rental income, which is thoroughly investigated by our design team during the process. Maximising the number of units per floor as well as flexibility in the design layout of the units is important to cater for different modes of tenure including young professionals, students and families.

6. Selection of high quality materials As Build to Rent developments are designed for long term investment purposes, the life cycle of the build materials used plays a much greater role than traditional developments. It is important that the finished product is both durable and of the highest quality.

High Street Residential

Smart Technology High Street Residential will embrace the latest in smart technology to ensure longevity of rental values and convenience to the building’s residents.

Smart technology will be stitched into the fabric of the building at construction stage. One initiative is a mobile phone application for tenants which includes various functions to provide control of utilities, communication and information, at the touch of a button. This essential tool also allows communication with other tenants in the building, and operates as a booking facility for communal areas, therefore integrating the resident into the building community.

The mobile phone application will have the following functions: • Apartment lighting control • Event diary with details of regular residents’ meetings and social events • Messenger service to contact other residents • Book communal areas or meeting rooms for personal use • Ability to log maintenance issues and arrange maintenance access • Receive notifications of parcel deliveries either to the main reception or secure locker areas • Messenger service to contact the on-site management team • Receive notifications of planned property maintenance • Information on available additional storage

28 | 29

Project Pipeline BRETT WHARF, GATESHEAD 1 • The site of a former oil refinery • 220 PRS Apartments • Total Gross Development Value £34.8 million

HADRIAN’S TOWER, NEWCASTLE UPON TYNE 1 • Tallest building in the city • 27 storey, 162 units & sky lounge • Total Gross Development Value £47 million

POTTERY LANE, NEWCASTLE UPON TYNE 1 • Regeneration zone between quayside and city centre • 220 PRS apartments • Total Gross Development Value £35 million

DURHAM CRICKET CLUB, COUNTY DURHAM 2 • Adjacent to the Emirates Riverside Cricket Stadium • 200 apartments and a 130-bed hotel • Total Gross Development Value £75.3 million

MIDDLEWOOD PLAZA, SALFORD 3 • Within Middlewood Locks • Split between 6 & 9 storeys, 127 units • Total Gross Development Value £25 million

TALBOT ROAD, TRAFFORD 3 • Excellent commuter location close to Old Trafford Football Club • 156 units • Total Gross Development Value £26.4 million

CHESHIRE JUNCTION, WARRINGTON 4 • Former industrial site adjacent to Warrington Central Station • 326 PRS apartments • Total Gross Development Value £52 million

High Street Residential

WESTMINSTER WORKS, BIRMINGHAM 5 • Close to proposed high speed rail network ‘HS2’ • 220 PRS apartments • Total Gross Development Value £50 million CHARTER 1, BIRMINGHAM (Phase 1 & 2) 5 • Part of Smithfield Masterplan, extending the city centre by 25% • 1136 units • Total Gross Development Value £238.5 million HOLLOWAY HEAD, BIRMINGHAM 5 • Within the Birmingham Big City Plan regeneration programme • 486 units • Total Gross Development Value £98.5 million KENT STREET RESIDENCE, BIRMINGHAM 5 • Located in the Southern Gateway £1 billion regeneration zone • 98 units • Total Gross Development Value £19 million KENT STREET BATHS PLOT 1, BIRMINGHAM 5 • Located in the Southern Gateway £1 billion regeneration zone • 482 units • Total Gross Development Value £114 million

SILBURY BOULEVARD, MILTON KEYNES 6 • Our first forward-funded scheme, sold to Grainger Plc • 139 exclusive apartments • Total Gross Development Value £31 million

1 2

3 4

5 6

30 | 31

High Street Residential acquired a site in Milton Keynes which was purchased by Grainger in August 2017 for £30.4 million.

This large residential site on Silbury Boulevard was our first Private Rental Scheme, and paved the way for many more projects and relationships in the sector.

This prestigious PRS scheme was sold to Grainger PLC in a multi-million pound forward funding and development deal. Grainger Trust is the UKs’ largest listed residential landlord and manager.

The development involves the demolition and replacement of the 2 existing office buildings with a 7 storey block of 139 exclusive apartments.

Planning permission was achieved on the basis of a Private Rental Apartment scheme.

Construction commenced in October 2017 by the appointed contractor, United Living.

Milton Keynes is one of the country’s most rapidly expanding cities, with a population in excess of 200,000. Junctions 13 and 14 of the M1 motorway are easily accessible via the dual carriageway network to the east, and there is a fast inter-city rail service to London, Birmingham and the north.

The property is situated in a prime central business district location with main boulevard frontage. Nearby occupiers include Santander, Deloitte, Home Retail Group, Transport Catapult Systems and BP Mobil.

The construction of this prime site is well under way, with an expected completion date of December 2019. Cladding started May 2019.

Key Facts •

Secured planning for a 7 storey 139 unit apartment scheme

•

Large residential site

•

Prime commuter location for London, Birmingham and the north via fast inter-city train lines

• Prime rental properties for key workers employed by large companies located in the vicinity •

Client is Grainger PLC

•

Build is by United Living

•

Total Gross Development Value £30.4 million

32 | 33

High Street Residential acquired a site in 2017 to construct the tallest building in Newcastle upon Tyne, a truly landmark development for the Company.

The 82 metre high structure, located on Rutherford Street off St James Boulevard, is made up of 27 storeys and comprise 162 rental apartments, representing a £40 million investment in Newcastle upon Tyne.

From the top of Hadrian’s Tower, residents, as well as members of the public, have the opportunity to access the viewing deck and take in the 360° views across the city. This floor also features a Sky Lounge with Champagne bar designed by Laurent Perrier.

The off-plan sales of the 54 one bedroom, 102 two bedroom and 6 three bedroom apartments began in September 2017, and these have mainly been purchased by overseas investors.

40% of the units have been sold off-plan.

Construction began on this prestigious development in December 2017 with the demolition of existing buildings, and will be completed by 2020.

The building will appeal to the overseas student and postgraduate market in the City due to the proximity to the University and newly regenerated Science Central Business School.

Facilities will include on-site management, café, laundry, cycle store and smart technology as standard.

Visit www.hadrianstower.com for further information and availability

Key Facts •

162 apartment development which will be the tallest building in Newcastle

• Viewing platform to be opened to the public 18 times per year •

Provides unrivalled views across the city

• We targeted foreign investors for off plan sales •

Strong appeal for rental to the postgraduate market

•

Build is by Tolent Construction Limited

•

Total Gross Development Value £45 million

34 | 35

We acquired a former industrial site next to Warrington Central Station, to create 8 storey complex, with a total development value of £52 million.

The mixed-use scheme has two adjoining phases of residential apartments wrapped around an internal courtyard. The site also allows for a multi-story car park.

Both phases are accessed via the pedestrianised square in front of Warrington Central Station.

The plans include around 6,400sq ft of retail and leisure space and 796 parking spaces. The apartments will be open plan and contemporary in style with a mixture of single and two bedroom units.

There are also 3 bed duplex penthouses and a rooftop lounge. The foyer will focus on a new station square and provide a sense of placemaking, with a better balance of public and private open space.

The square is being developed as part of the wider Warrington regeneration. Planning for the project was granted in May 2018, and the development has been sold to Cording Real Estate Group in a forward-funding deal, opening the doors to future acquisitions by this prestigious institution.

Key Facts •

362 unit apartment development

• Major development area •

Ideally located for commuting to Liverpool and Manchester

•

Incorporates a 796 unit multi-storey car park

•

Client is Cording Real Estate Group

•

Total Gross Development Value £52 million

High Street Residential

The Charter comprises approximately 736 homes within Phase 1 and 400 in Phase 2. These are supported by commercial, retail and leisure facilities.

Birmingham City Council is extending the city centre by 25% with the regeneration of the Smithfield market area into a new retail, leisure and commercial zone.

The larger of the two towers will be pre-sold to individual buyers. The remainder of the asset, the smaller tower and the medium rise massing will be pre-sold to an institutional PRS partner.

A high-rise boulevard is being created along the existing Digbeth high street, supported by the metro line connecting the city centre with the new high-speed railway (HS2).

Half of the units will be PRS and half sold to individual buyers. Parking will be provided for 110 cars plus 700 cycles. Commercial space in the development will attract good quality brands such as Starbucks, Tesco Express and various restaurants and retail units.

The Charter is the central part of the three developments within the boulevard. The project has two main phases. Phase 1 has two towers and interconnecting mid-rise blocks forming a courtyard.

Key Facts • • • • •

736 units comprising 1 and 2 bedroomed apartments 400 unit being built in Phase 2, with a development value of £84 million Excellent commuter location Within Birmingham’s new Southern Gateway, which is an area of large scale holistic regeneration Total Gross Development Value £154.5 million

36 | 37

Middlewood Plaza is an exciting new development in the heart of the Middlewood Locks regeneration zone, just 10 minutes’ walk from Manchester City Centre.

Consisting of stylish apartments, townhouses and duplexes and located in the popular Salford area, Middlewood Plaza features split-height blocks of six and nine storeys, with a total of 127 homes across the site, in the largest of Manchester’s three main regeneration corridors.

The project comprises one and two bedroom apartments and two and three bedroom townhouses.

As well as residential accommodation, the £1 billion Middlewood Locks regeneration zone is set to offer extensive leisure facilities and amenities, including a gym, hotel, bars, restaurants, nursery and medical centre.

Middlewood Plaza is located in the heart of Middlewood Locks, which provides pedestrian access between Salford and Manchester City Centre.

Cycle access is in the process of being added, furthering the area’s excellent connectivity.

Road and rail access to Middlewood Plaza is excellent, with Liverpool Street Bus Station 100 metres and Salford Central Train Station 750 metres away from the development. The M62 motorway can be reached within two minutes.

This prime location will provide residents with easy access to all that Salford and Manchester have to offer, from their employment opportunities to their leisure facilities.

Demolition of the existing buildings began in September 2018 and construction of the properties commenced in February 2019.

Key Facts •

127 unit apartment and townhouse development

•

Joint venture with United Living

•

Split height of 6 and 9 storeys

• 10 minute walk to Manchester City Centre •

Premium rental location

•

Total Gross Development Value £25 million

38 | 39

Westminster Works, Birmingham is located within the Southern Gateway £1 billion regeneration zone brought forward as part of the high-speed rail network ‘HS2’ masterplan, linking Birmingham and London.

Westminster Works offers city living within a vibrant new neighbourhood. Located within a major development area with the highest sustainability credentials centred around a newly created public space known as Moat Square.

Westminster Works will be developed into 8 storeys and will accommodate 220 units within the boundary of the site. Our scheme comprises a modern appearance both internally and externally. The units will be open plan, modern PRS style units and configured around more attractive central entrances and access cores, and there will be a communal garden on the roof. The 220 units currently incorporated into the design have a balanced mix of 1 and 2 bed apartments. The scheme will be delivered in 2 phases, with separate access onto Cheapside and Alcester Street.

The Big City Plan (BCP), launched in September 2010, is a 20 year vision for Birmingham’s City Centre. Supporting transformational change which will help create a world class city delivering sustainable growth, improved connectivity and authentic character.

The project will cover an area of 800 hectares at the centre of the UK’s second city. The BCP provides the vision, strategy and principles to guide the future development and regeneration of Birmingham.

United Living commenced demolition of the original building in January 2019 and construction began in April.

Key Facts • 8 storey building, accommodating 220 units • •

One and two bedroom apartments Excellent commuter and premium rental location

•

Unique lifestyle offering

•

Car parking and cycle storage

• Planning granted in May 2018 •

Total Gross Development Value £50 million

40 | 41

Kent Street Residence, Plot 2 This site has 98 units comprising 1 and 2 bedroomed apartments in an ideal City Centre location. The Birmingham site extends to approximately 2.47 acres (1 hectare) and is bounded by Kent Street, Bromsgrove Street, Gooch Street North, Wrentham Street and Henstead Street. The site is split into two plots (1 & 2) by a new pedestrian street which connects Kent Street to part-way along Henstead Street.

Our building is located within the Southern Gateway £1 billion regeneration zone, which has been brought forward as part of the high speed rail network ‘HS2’ masterplan.

Kent Street Residence will provide the residents with a private courtyard garden, roof terrace and series of ‘sky gardens’ which can be enjoyed from every floor. These contribute to the visual aesthetic of the façade design, whilst improving the natural light within the courtyard space.

The plot will contain flexible retail/leisure/ commercial space to provide active street frontage and promote a healthy, diverse and sociable space for the residents and local community. This development has been sold off-plan worldwide by IP Global.

Kent Street Baths, Plot 1 Kent Street Baths Plot 1 consists of 482 apartments in four blocks and includes a private courtyard.

The scheme is a large residential development in central Birmingham, within the regeneration area of the future Smithfield Masterplan. The site consists of four blocks around a private courtyard, within which a central circular hub building is proposed.

Our development comprises 482 units following NMA, and is part of a wider mixed use development which will see the construction of flexible retail, restaurant, leisure or office space.

There will be provisions for car and cycle parking.

Previously the site of swimming baths, the area has been underutilised in the past 30 years. The overall development will create a new residential community and gateway to the future Smithfield Masterplan from Bristol Street.

The value of this development is £114 million and will be sold to institutional investors.

Key Facts • • • • • •

The development comprises 98 homes in Plot 2 and 482 in Plot 1 Provision of car and cycle parking A new residential community within the future Smithfield Masterplan Buildings in the overall development range from 7 to 19 storeys Amenities include a private courtyard, roof terrace and series of sky gardens Total Gross Development Value £19 million for Plot 2, £114 million for Plot 1

42 | 43

A development of 156 homes is to be built in proximity to Old Trafford football ground, and with easy access to all commuter links.

The site is located to the south west of Manchester City Centre in the town of Stretford.

Surrounding the wider site are a number of amenities including large retail parks, Salford Quays with its abundance of retail and food establishments, superstores and light/traditional rail links.

We acquired the site in 2018 on a ‘subject to planning’ basis.

The site is also in close proximity to the Old Trafford football and cricket grounds, as well as numerous large business headquarters including British Gas and Kelloggs. The site is within walking distance of Trafford Bar tram station.

Amenities will include roof and garden space, a spacious internal courtyard and cycle storage.

This attractive building is being designed with an animated façade and some apartments will benefit from a balcony.

The development comprises 73 one bedroom, 69 two bedroom, and 12 two and three bedroom duplex apartments, along with 65 parking spaces.

Key Facts •

156 homes to be constructed over 10 storeys

• Project in a major regeneration zone •

100% cycle parking provision in a 2 tier storage system

•

Easy access to major train lines which will appeal to commuters

•

Total Gross Development Value £26.4 million

High Street Residential

Holloway Head will create a vibrant and a sustainable community in the heart of Birmingham City Centre.

The £98.5 million venture will create 486 one, two and three bedroomed apartments, ancillary commercial space and underground parking set over 17 storeys. It is situated in the city centre, between the Holloway Circus Tower and the Mailbox, two of the highest value properties in the area.

The Birmingham City Centre site, close to the Mailbox retail complex and the planned HS2 rail link, is part of an area undergoing significant regeneration.

The site, which is ten minutes walk from New Street Station, has previously remained vacant for more than 25 years. Its redevelopment will continue the wider regeneration of Birmingham City Centre through the Big City Plan.

The High Street Group exchanged contracts on this landmark project in May 2018, with construction commencing in 2019.

The property will be sold to an institutional investor, with a number of interested parties, and we expect to conclude a deal in early 2019.

Key Facts •

486 units comprising 1, 2 and 3 bedroomed apartments

• Close to the Mailbox, in an ideal City Centre location •

Contracts exchanged in May 2018

•

Smart technology included in the building amenities

•

Total Gross Development Value £98.5 million

44 | 45

Brett Wharf is a new development on the Southbank of the River Tyne, directly opposite Newcastle’s quayside and a short walk to Gateshead’s world-famous cultural quarter.

Offering stunning views across the river and the city’s landmark bridges, Brett Wharf will offer residents a unique and tranquil riverside address, only minutes from the convenience and vibrancy of Newcastle’s centre.

The mixed-use development comprises 220 apartments over two buildings with commercial and communal space. From work and transport, to retail and leisure the location is perfect for those seeking the convenience of city centre living.

The site is located in perhaps the last prime development area in the heart of the Newcastle Gateshead quayside with direct river frontage.

Situated immediately to the west of the Grade l Listed High Level Bridge on the southern banks of the River Tyne, the site extends to approximately 0.52 hectares (1.28 acres) with an extensive river frontage of around 190m (620 ft).

The site is close to the Hilton Hotel, opposite the Copthorne Hotel with Sage Gateshead, Baltic Art Gallery, and Premier Inn nearby.

The highly successful Ochre Yards residential development is just to the south, as is the recently developed Trinity Square Shopping Centre that includes Tesco and a Vue Cinema.

Key Facts • • •

•

The development has planning for 220 apartments The site will have two buildings, containing apartments, commercial and communal space This proposed site layout will consist of 33 studios, 96 one bedroom apartments and 78 two bedroom apartments Total Gross Development Value £34.8 million

High Street Residential

Excellent city centre location within easy walking distance of major transport, retail and leisure hubs.

The development is situated adjacent to Forth Banks, the primary vehicular route linking the city’s iconic quayside to the city centre. The area has seen significant change over the past 30 years. In the 1990s the quayside was developed as office occupiers sought larger, more modern floor plans, with office buildings occupying the area east of The Millenium Bridge.

More recently, the Stephenson Quarter has built on this regeneration with the addition of the 4 star Crowne Plaza Hotel within a stone’s throw of the site at Pottery Lane. Furthermore, The Boiler Shop at the Stephenson Quarter provides a multi-purpose events space hosting everything from concerts to local independent craft beer and food festivals.

Subsequently, the western side of the quayside became the city’s leading leisure destination capitalising on the iconic bridgescape. It is the home of Newcastle’s mature, mid to upper market with a host of high quality restaurants and bars. This includes the Michelin starred House of Tides run by Kenny Atkinson and Café Vivo, 21 and The Broad Chare all run by local food hero Terry Laybourne.

With over 50 of Newcastle’s bars and restaurants within a 20 minute walking distance, Pottery Lane is ideally placed for Newcastle’s renters to remain a part of the city’s culinary and nightlife scene without being subjected to the congestion of urban living.

Key Facts • • • •

Outline planning permission for around 220 apartments, 110 of which are one bedroom units.

Adjacent to the Forge, a 270 unit BTR scheme by Panacea and Moorfield.

Gateway to The Forth Yards area, an modern urban village Total Gross Development Value £35.7 million

Rooftop Extensions: A new and exciting opportunity to deliver housing We are embracing a new and exciting opportunity to deliver rooftop apartment living in cities across the UK. We believe there is a huge opportunity for the creation of new homes through development of underused rooftop space in existing residential locations. We have researched potential locations for the delivery of rooftop development suitable for consideration by High Street Residential as well as the associated considerations of planning, design, sustainability and construction.

Consultation on upward extension in London Three options were presented in the recent consultation paper in order to enable greater housing delivery through rooftop extensions in London, not necessarily mutually exclusive: • Permitted Development (PD) rights for additional storeys in London; • Local Development Orders (LDOs) for additional storeys in specific areas; and • The support for upward extension through policy in the London Plan.

All three options present significant opportunities for increasing housing supply subject to local considerations. However, the permitted development for rooftop extensions will only apply if such buildings are already situated next to taller structures.

Government response “We welcome the support for the principle of upward extensions to existing premises to provide more homes in London. The responses have confirmed that there is potential to deliver more homes by increasing densities on brownfield land. It is clear that building up has a role to play in meeting the need for new homes across the country, not just in London, and the Housing White Paper proposes a package of measures to support building at higher densities and using land more efficiently for development. Our intention is therefore to take forward the policy option through the National Planning Policy Framework to support the delivery of additional homes by building up.”

Background The issue of an under-supply of new homes, twinned with an increasing challenge of affordability provides a real challenge for all involved in determining the how and what of new supply. Recent evidence has shown that a high level of unused roof space could be translated into new homes, particularly in London and larger cities, with some of this space being owned by local authorities.

Around 49,000 new homes are required every year in London over the next two decades although some sources refer to the need for up to 60,000 homes per annum. The Government’s focus is very much on brownfield land to deliver housing, but there is wide recognition that more varied and innovative methods of delivering housing need to be considered, as the ever mounting pressure increases.

47 | High Street Residential

Welcome to the High Street Group, First Penthouse We are pleased to announce that we have recently acquired First Penthouse, an award winning rooftop development company.

With a combination of the financial strength of the Group and technical expertise of First Penthouse, we aim to scale up operations to unlock the rooftop potential of buildings far beyond central London and secure a track record in beyond the city.

Our chairman, Gary Forrest, is proud to say that: “We are incredibly pleased with this acquisition; rooftop extensions and air-space development are something we have long felt to be a new, exciting, greener, opportunity for construction stakeholders.

In bringing First Penthouse into the Group, we have secured the technical expertise of a best-in-class rooftop developer that will deliver our shared vision to increase the supply of new homes via brownfields sites, in a cost effective, greener way.”

Ultimately, through this acquisition we will be better equipped to deliver expert, award-winning penthouse constructions with minimal disruption to local residents or the environment.

How the process works The development process is not dissimilar to a typical development process. The process begins with identification of a potential rooftop site, and negotiations with the relevant site owner(s).

The initial design process terminates in gaining a planning consent. Following this, a prefabricated module can be transported and installed on site within a matter of a week.

Strategic benefits • Delivery of much needed new homes supply to meet housing needs • E nhancing asset value and use of existing properties • I nnovative – manufactured off-site to increase speed of delivery whilst reducing the level of disruption to occupants • Green – potential opportunity for use of renewable energies to reduce energy consumption Financial benefits • C reation of a significant windfall payment for freeholder, linked to market value of the new apartments • Reduction in maintenance burden for freeholders/leaseholders • I mprovement in the kerb appeal of properties through associated improvements to façade and elevations

48 | 49

An Introduction High Street Developments has a vision to become the North East’s most reputable provider of quality new build homes and commercial buildings.

Mission To create homes of the highest standard in medium sized developments in the North East of England and Scotland. Also, to provide a professional end-to-end construction service to external clients in the building sector.

Vision Our vision is to become the most reputable house builder in the North East, known for delivering high quality homes under our brand, All Saints Living, and undertaking external works for clients.

We plan to increase our turnover from £20 million in 2018, to £56 million in 2025, through working with key partners, building our land bank and developing a standardised product, whilst maintaining a net profit margin.

“Strength in the housebuilding sector is likely to please government ministers trying to fix the country’s housing crisis, after the Conservatives pledged to build 300,000 new homes a year in the budget. Philip Hammond, the chancellor, also ploughed an additional £10bn into the help-to-buy loan scheme and cut stamp duty for most first-time buyers.”

The Guardian, January 2018

51 | High Street Developments

We aim to become the most reputable medium sized builder in the North East, delivering aspirational homes and commercial spaces About Us High Street Developments, formerly All Saints Construction, was established in 2013 by Chairman Gary Forrest who saw the vision and potential of having his own construction company to develop the Group’s projects, as well as the opportunity to work with external construction companies.

North East of England and Scotland, with a total value of £20m, and projects valued at over £28.5m in the pipeline for 2019.

High Street Developments quickly became a major player in the medium sized building sector with over 100 units under construction by 2015.

This included our landmark restoration and new build project at Larbert House & Country Estate in Stirlingshire, which has gone on to win a number of awards, including Best Renovation Project at the Build Real Estate & Property Awards 2015 and Best Residential Development Central Scotland at the International Property Awards 2017.

High Street Developments’ management team has a wealth of experience in delivering new build, refurbishment and modular projects across a number of sectors, including: residential, commercial/ industrial, healthcare, historical/ listed buildings, education, retail and leisure.

High Street Developments has also been recognised with awards such as Best Medium Sized Builder and Most Outstanding Medium Sized Builder at the Corporate LiveWire Real Estate & Property Awards 2016.

In 2018 High Street Developments received awards for two of its projects at the UK Property Awards: Morar House won ‘Best Apartment, Scottish Highlands & Islands’ whilst The Walled Gardens, Gosforth, won ‘Best Residential Development Tyne & Wear’.

High Street Developments has gone from strength to strength, with projects across the

Our Awards

We have a dedicated Business Development Team who look for potential opportunities for our own development division, as well as engaging external clients and securing tenders.

The principles we follow on our own projects are equally applicable to our work for clients.

External Contracts High Street Developments is a strong contender within the main contracting environment, working across all construction sectors. We have achieved vast success both in new build and refurbishment projects, general building contracts and restoration projects in both the public and private sectors.

Our fully inclusive approach results in a team that is dedicated to ensuring that all our projects run efficiently and are delivered to an exceptionally high standard. We have our own dedicated supply chain partners who are also part of our culture of honesty, openness and commitment to exceed our clients’ expectations.

All Saints Living, the residential homes brand of High Street Developments, build aspirational homes where people love to live.

Our aim is to provide homes of the highest standard; aspirational properties that we are proud to call All Saints Living homes. We apply the same high standards to everything we do, from acquisition and construction through to issues such as community and environmental impact. Starting from the initial design concept through to construction of the finished product, we aim to maximise value of the properties whilst introducing innovative architecture and high quality interior design.

We take time to select the finest quality products and materials, where possible using expert local tradesmen and businesses, to produce a final product that is both exclusive and contemporary.

We currently have over 100 homes under construction in key locations across the UK, ranging from the restoration of a B Listed Mansion House in Stirlingshire to the construction of 14 luxury homes in the historic grounds of Newcastle Racecourse.

The end client, the resident, remains the focus of our approach to design and delivery, resulting in the provision of bespoke solutions based on our clients’ lifestyles and future proofing our properties for the residents of tomorrow.

We place the highest priority on customer service as we understand that buying an All Saints Living home is one of the most important decisions our customers will ever make. Our customer care team are dedicated to ensuring the process from reservation to handover is a pleasant journey, and we provide a full Handover Pack to clients on completion to ensure they fully understand and enjoy their new home.

53 | High Street Developments

Social Value High Street Developments takes social responsibility very seriously, and we allocate a budget to each of our developments branded as All Saints Living to work with the community and local charities to make a positive impact on the areas in which we build our homes.

We focus on forward investments through the engagement of suppliers and subcontractors who are local to the area in which we work.

We have an All Saints Partner program and hold regular events in areas where a development is planned.

We do this through partnerships with schools, training establishments, community groups and social enterprises in order to add value and leave a legacy of the project.

We work with local businesses and Chambers of Trade to reach local suppliers and invite them to attend meetings to find out more about the potential project.

Kirk Thompson, Managing Director Kirk has worked in the North East for all his career in both the construction and residential sectors. He has completed numerous multi-million pound developments for blue chip companies Procter and Gamble, GlaxoSmithKline and the MoD. Over the past 8 years Kirk has been a director of two local house building companies overseeing the delivery of new homes across the region. Kirk has actively been involved in the whole life cycle of the development from land acquisition through to dealing with customers upon handover.

Kirk joined the business to head up High Street Developments as Managing Director. He is looking forward to growing the brand to become one of the biggest developers in the region.

He is passionate about modern methods of construction and has a willingness to embrace change along with a vison to make the new build residential housing sector a more desirable career choice.

54 | 55

All Saints Living’s landmark project, now entering Phase 3 of development.

Overview The Larbert House & Country Estate development is set in the woodland grounds of Larbert House, Stirlingshire. This landmark development is a £19 million restoration and sensitive conversion of the derelict Larbert House and stable block into twenty luxury homes. It includes four new build sections comprising of a mews block with eight homes, eight luxurious detached homes nestled within the walled garden, seven detached properties to the west of the walled garden and a group of three large distinctive detached properties settled within mature trees on the east site. An extension to the main mansion house includes ten apartments with wood and loch views.

In 2016 Larbert House was nominated for and won a number of Property Awards. In March, it won ‘Best Renovation Project – Scotland’ at the Build Property Awards, with All Saints Living also scooped ‘Best Medium-Sized Builder – UK’. In October 2017 Larbert House & Country Estate won ‘Best Residential Development, Central Scotland’ at the UK Property Awards.

All Saints Living has already sold 40 of the 56 units available, and Phase 3 of the development was launched late 2018. More information on this exciting development, including plot sizes, specifications and availability, can be found at www.larberthouseestate.com.

Key Facts • Sensitive conversion of a Grade II listed mansion, stables, outbuildings and walled garden • 5 6 aspirational, individual homes within a vast country estate • Nominated and won prestigious property awards • C lose to amenities of Larbert Village and Stenhousemuir. Well connected to Falkirk, Glasgow and Edinburgh • P hase 3 now underway, including an extension to the rear of the Mansion House

56 | 57

ÂŁ11 million project to create 14 four and five bedroomed contemporary, executive homes in a unique setting.

The Walled Gardens, Gosforth development is situated across two walled gardens; the northern walled garden contains eight, four bedroom semi-detached properties that have been designed to a contemporary finish, incorporating large south facing windows maximising the natural light.

The southern Walled Garden contains a further six, five bedroom semi-detached properties.

These properties are finished in a more traditional style in order to complement the surrounding dwellings. Each of the properties has a unique lifestyle offering, with smart technology provided as standard.

The Walled Garden originally served the 18th Century Brandling Hall and was, more recently, home to a garden centre and aquatics retailer.

The sale of the site has supported the much vaunted improvement programme at Newcastle Racecourse. In an area renowned for its landscaping and wildlife, we are building homes which are sympathetic to the environment with plenty of natural light and open, green spaces.

The first resident of The Walled Gardens moved into their new home in May 2018 and the site will be fully complete in 2019.

The Walled Gardens, Gosforth won ‘Best Residential Development Tyne & Wear’ at the UK Property Awards 2018.

Visit www.walledgardensgosforth.co.uk to view the properties in full.

Key Facts • 14 four and five bedroom contemporary homes set across 2 Walled Gardens • Ideally located for access to the A1 and Newcastle City Centre • Situated in the grounds of historic Newcastle Racecourse • Grass (sedum) and zinc roofs complement local surroundings • The Walled Gardens, Gosforth won ‘Best Residential Development Tyne & Wear’ at the UK Property Awards 2018.

• Total Gross Development Value £11 million

58 | 59

An A listed Arts and Crafts house with extraordinary views over the Clyde Estuary.

Morar House, originally known as ‘Drumadoon’ was built for the McAlpine family who were the well known proprietors of a shipping firm in Glasgow. Like neighbouring Hill House, it was carefully placed on the site to take full advantage of the view over the Clyde Estuary. An impressive red tiled house, it is an extremely important building in the career of William Leiper (1839 – 1916) whose houses in Helensburgh in the later 19th and early 20th century have left a unique stamp on the character of the town.

The house has been vacant for a number of years but there are still numerous original features present. All Saints Living received planning permission to create 7 spacious apartments in the original house and to develop

a new build extension within the 1.59 acres of land, also housing 5 apartments. Planning permission for 3 large detached was also consented.

The original property has been carefully restored and converted into seven impressive apartments, many with period features.

Sales launched in May 2018 and the development has proved popular with downsizers and young professionals.

Morar House, Helensburgh won ‘Best Apartment, Scottish Highlands & Islands’ at the UK Property Awards 2018.

Key Facts • Magnificent period property on 1.59 acres of elevated land • Breathtaking views over the Clyde Estuary • Renovation of 7 apartments in the existing house • Creation of new build extension, also housing 5 apartments and 3 large detached properties • Morar House, Helensburgh won ‘Best Apartment, Scottish Highlands & Islands’ at the UK Property Awards 2018 • Total Gross Development Value £3.62 million

60 | 61

Roseate View in Amble, Northumberland consists of 13 detached homes on the idyllic coastline.

Made up of seven townhouses and six bungalows, the properties on this development benefit from contemporary living in an historic port.

Six of the townhouses have four bedrooms, one has three bedrooms. Each property has its own driveway and private back garden.

The seven townhouses sit in a prominent position within the development, each enjoying panoramic sea views.

The former bungalows have three bedrooms, the entire top floor accommodating the master bedroom, and an en-suite bathroom.

Each property type has west-facing gardens and a private driveway.

The development name was chosen by school children from the Amble Links First School, adjacent to the site, who named it after the Roseate Tern – a marine bird native the area.

This was part of a safety awareness day that our internal Health & Safety Manager arranged with the school.

This development launched early 2019 with strong interest from locals.

Key Facts • Development of 13 detached homes • 7 houses with sea views and 6 bungalows • Located on the historic port of Amble, surrounded by idyllic scenery • Site of former primary school • Named by the children of Amble Links First School, after the native marine bird the ‘roseate tern’ • Total Gross Development Value £4 million

High Street Developments

20 apartments within a former primary school and a new build extension.

The former Lenzie Primary School has planning for 11 apartments in the existing school building and a further 9 apartments in the adjacent 3 storey new build extension.

The site is located in Lenzie which is a town 15 minutes’ drive north east of Glasgow. It is also only five minutes’ walk from Lenzie train station and there is a strong downsizer market in the area.

Tha apartments in the old school house benefit from refurbished original windows, as well as the original staircase and a glazed roof atrium in the communal area. Each apartment in the extension has a balcony from which to enjoy views over the grounds.

Work began on site in June 2019.

Key Facts • 11 apartments and a further 9 apartments to be created in a new build extension • Delightful village location situated 6 miles north east of Glasgow City Centre • Launched February 2019 • Total Gross Development Value £1.45 million

62 | 63

48 student apartments that offer a mix for both single and double occupants.

Former site of Northumbria University’s estates team, this building sits within the campus of the university. Work started in July 2018 with the apartments being available for the 2019 student intake.

Being located in the centre of Newcastle and only a few minutes’ walk from metro and bus stations, this is the ideal location for students.

The building has a modern, attractive industrial design and offers a range of amenities, including laundry facilities, cycle storage and above average living accommodation.

Over half of the units were reserved within the first month of launch. Visit www.student52.co.uk for more information.

Key Facts • 48 student apartments • Available for both single and double occupants • Prime city centre location • Proximity to both Northumbria and Newcastle universities • Laundry facilities and cycle store

High Street Developments

Upcoming projects

Hunton, North Yorkshire •

Development of 14 houses on the edge of the North Yorkshire village of Hunton

•

The £4 million scheme consists of 11 detached homes and a terrace of three, 2 bed starter homes

•

Hunton is a picturesque village situated 3 miles south of Catterick Garrison, within beautiful countryside

•

Project started August 2018

•

Expected Profit £925k

•

Total Gross Development Value: £4.25 million

Town End Farm, Whitton Village, Stillington •

Nine detached, 5 bedroom executive houses

•

2502 sq ft per house

•

Located in sought after Whitton Village, with stunning views overlooking neighbouring countryside

•

Launching April 2019

•

Total Gross Development Value: £4.5 million

Sadberge, Darlington •

Development of 25 houses with a mixture of 3 and 4 bedrooms

•

Situated in the picturesque village of Sadberge, located between Darlington and Stockton on Tees

•

Launching in April 2019

•

Total Gross Development Value: £5.5 million

64 |

An Introduction High Street Hospitality identifies potential opportunities in the hospitality sector in the form of hotels, restaurants and bars, which are subsequently purchased and renovated, and operated profitably under our brands.

About Us High Street Hospitality was formed in 2016 as part of the Group’s long term vision to own and operate 15-20 hotels in the next 7 years. These hotels, mainly based in the North of England, provide budget boutique accommodation under the Hotel 52 brand.

The addition of on-site restaurant and bar facilities to each hotel site, which cater for both residents and the local market, maximises the income stream for the establishments.

Mission Our mission is to purchase and renovate mid-sized hotels in areas of opportunity and demand, to provide a budget boutique hotel stay with exceptional customer service and unique dining and recreational options on site.

Pazzo means crazy in Italian, Loca translates as crazy in Spanish

67 | High Street Hospitality

Background An opportunity late in 2016 to purchase an under-performing and neglected hotel in the coastal town of Whitley Bay saw the birth of the Hotel 52 brand. The acquisition and transformation of The Newquay Lodge Hotel, including the implementation of cost efficiencies and effective management systems led to an increase in demand of the hotel, and therefore increased occupancy and reduced costs.

The subsequent renovation of an old care home led to the launch of Hotel 52, Stanley in late 2017 in an area of little quality accommodation however well placed for the popular tourist attractions such as Durham City and Beamish Museum. This hotel has proved extremely popular and exceeded all expectations in regards to occupancy levels in early months.

Phill Brumwell, Managing Director: In 2003 Phill began his management career with a directorship appointment in the care industry. In this role he was responsible for the management of multi-million pound commercial contracts and a 25 strong team. Phill was appointed Operations Director for The High Street Group in 2012. He was charged with overseeing the growth and development of the Group’s many facets; ranging from commercial lending to pension fund investment, property development and the inception of the hospitality division of the business. His knowledge of local investment, hospitality opportunities and operational logistics will be of great value to the success of the company.

Phill is currently Managing Director of High Street Hospitality Ltd, a division of the Group which specialises in hotel acquisition and refurbishment. On a daily basis Phill oversees the management of the hotels, restaurants and bars.

In June 2015 Phill was part of The High Street Group team which climbed Mount Kilimanjaro in aid of Macmillan Cancer Support and in 2017 trekked the Grand Canyon to raise money for local North East charity St. Oswald’s Hospice.

69 | High Street Hospitality

High Street Hospitality Locations 1. HOTEL 52, WHITLEY BAY Exclusive 32 bedroom hotel located in an excellent location in Whitley Bay, just a short walk to the town centre and award winning beaches.

2. SEA HOTEL, SOUTH SHIELDS The 37 bedroom hotel is going through a full exterior and interior renovation in line with our brand. We have also refurbished the dining and leisure offering, including the wedding venue and conference space.

1 3

2 4 5 6

3. HOTEL 52, STANLEY Hotel 52 Stanley is a 23 bedroom hotel opened late 2017, and strategically placed in County Durham close to many popular visitor attractions such as Durham City and Beamish Museum.

4. RUSTICA TRATTORIA & INN, WASHINGTON In 2018, High Street Hospitality identified an opportunity to purchase a former Tavistock Hospitality restaurant with planning permission for accommodation on site.

5. HOTEL 52, THINFORD This 60 bedroom hotel will be part of the Durham Gate retail project at Thinford, County Durham. Work is expected to start August 2019 with facilities open for business for Summer 2020.

6. PARKMORE HOTEL, YARM The Parkmore Hotel was originally built in 1896 as the home of a wealthy ship building family. Formerly owned by Best Western, it is now a family run, 3 star Hotel and Leisure Club with 55 bedrooms, a brasserie style restaurant, bar and function rooms.

Our Pipeline The company’s business plan was developed in 2016 to deliver up to 20 affordable boutique hotels and is well under way, with a number of hotels in the advanced stages of purchase and several in the pipeline, including the following: urham County Cricket Club, Chester-le-Street D Adjacent to the Emirates Durham International Cricket Ground, this riverside site will be developed to provide new homes and one of the North East’s largest hotels and conference facilities. Attracting attendees to the regular cricket games, along with business and leisure travellers to County Durham, the hotel is sure to prove popular with ideal links and easy access to the A1. The state of the art conference facilities will attract both residential courses as well as local private and public sector businesses from the area. The hotel will comprise of 130 bedrooms, a restaurant and bar, which will be a welcome addition to the local public as well as hotel guests.

Millennium Place, Claypath Durham City sees an influx of leisure visitors to the area due to the World UNESCO Site housing the Castle and Cathedral, however there is a severe shortage of luxury yet affordable hotel accommodation. In addition, the Durham University status in the country ensures a large inflow of students and family visitors who seek accommodation in the city centre. This site is an ideal location, and will provide a 94 bedroom hotel a mere stone’s throw away from all that the city has to offer, as well as an on site bar, Loca restaurant and retail unit in the main night-time economy area in Durham.

70 | 71

Hotel 52 in Whitley Bay is an exclusive 32 bedroom hotel located in an excellent location in Whitley Bay, just a short walk to the town centre and award-winning beaches.

Hotel 52 opened March 2017 after the purchase and renovation of Newquay Lodge, on Whitley Bay’s South Parade.

Visitors will find rooms furnished to an excellent standard, en-suite facilities and comfortable beds to ensure a good night’s sleep.

With a £80 million investment in Whitley Bay, High Street Hospitality earmarked a outdated hotel in a prime location. With a £1.25 million makeover, the hotel refurbished the rooms, reception, communal area and unused space.

With options of single, double, twin and family rooms, the hotel can accommodate a range of guests, including families visiting the area on holiday or contractors requiring a long term stay. We include a fully cooked breakfast with all packages.

Since opening the hotel has seen 70% repeat bookings and the hotel regularly full over the summer months.

The hotel has a restaurant on site, Loca Bar & Kitchen, as well as Bar 52, offering snacks and showing live sport from lunchtime onwards.

Our unique brand offers guests an affordable boutique package rivalling that of standard budget hotel offerings such as Travelodge or Premier Inn.

Complimenting this vibrant seaside town, Whitley Bay boasts a Blue Flag award winning beach which stretches from the iconic St Mary’s Lighthouse all the way towards Cullercoats Bay. It is a popular place for recreation and visitors from the North of England and particularly Scotland. A metro journey from Whitley Bay to Newcastle takes 25 minutes.

Key Facts • 70% of bookings are repeat stays from satisfied guests • The hotel is regularly full during the summer months, and off peak can reach up to 86% occupancy levels • In 2018, we launched the Whitley Bay Business Breakfast for networking in the area, operated from the hotel

72 | 73

Hotel 52 Stanley is a 23 bedroom hotel opened late 2017, and strategically placed in County Durham close to many popular visitor attractions such as Durham City and Beamish Museum.

On 1st February 2017, High Street Hospitality held a public consultation to the public and government officials regarding turning a old care home into a brand new hotel. The company saw a opportunity that has seen a ÂŁ33 million regeneration funding since 2014.

The feedback from the public consultation was extremely positive with residents happy with this kind of investment into the area.

In late 2017, the completion of the ÂŁ1.4 million transformation of the hotel was completed.

Hotel 52 Stanley brings something fresh to the area. The hotel offers an affordable boutique experience that delivers stylish rooms at great prices. The 23 rooms include doubles, twins, triples and family suites.

The superbly renovated facilities are complemented by a carefully thought out service, from speedy check-in to free WiFi and extremely comfortable beds. A plush lounge area is available for all guests to use, while business travellers can take advantage of the two on-site conference rooms, which can accommodate up to 16 delegates.

The impressive breakfast and delicious lunchtime and evening meals are served in the renowned Pazzo Italian Restaurant & Bar, along with a selection of exquisite cocktails.

Key Facts • Hotel 52 opened in November 2017, and occupancy in December was 84.28% • The hotel regularly reaches 80% occupancy, with 100% occupancy for many weekends in the summer months • 40% of bookings are visitors to Beamish Museum • 56% of bookings are via booking.com • The hotel is decorated with popular Steve Brown Art throughout

74 | 75

In 2018 we purchased the Best Western Sea Hotel. The hotel occupies a prime spot at the heart of the South Shields seafront.

Late 2018, High Street Hospitality saw a opportunity to take over a under-performing hotel in a prime location. Overlooking the picturesque South Marine Park and Littlehaven Beach it’s at the heart of the seaside and a great choice for a leisure or business trip.

After being purchase September 2018, High Street Hospitality have invested a further ÂŁ1 million in improvements. The work has included the refurbishments of the rooms, reception areas, restaurants and wedding and function areas.

The hotel also has excellent conference and premier wedding facilities, which have proven popular with local residents.

The improved facilities will bring many more guests back to an already vibrant and attractive seaside town.

In 2013, South Tyneside announced South Shields 365, a ÂŁ100 million redevelopment of South Shields town centre, with the sustainable economic vision to breathe new life into the community.

The new facilities will complement the work that has been done on the seafront, contributing to and fulfilling our ambition of making South Shields the premier coastal resort of the North East, year round In 2019, High Street Hospitality opened their second Latin & American restaurant, Loca at The Sea Hotel as well as their second sports bar, Bar 52. The refurbishment also included a brand new hotel restaurant called The Maritime which offers delicious British cuisine.

Key Facts • 37 en-suite bedrooms with tea and coffee making facilities • Free Wi-Fi throughout the hotel • Accessible bedrooms available • 2 stylish bars including Bar 52 • Function suites for suitable for business meetings, weddings or private gatherings • Latin American restaurant Loca on-site

76 | 77

Purchased in November 2018 with plans to make it one of the leading wedding and leisure destinations on Teesside.

The Parkmore Hotel was originally built in 1896 as the home of a wealthy ship building family.

Formerly owned by Best Western, it is now a family run, 3 star Hotel and Leisure Club with 55 bedrooms, a brasserie style restaurant, bar and function rooms.

Renovation work started in early 2019 and includes improvements to the function and spa facilities, the upgrade of all bedrooms to a very high, boutique standard and the establishment of a new bar and restaurant.

Additionally, The Parkmore Hotel boasts an extensive Leisure Club, which hotel residents can use during their stay and non-residents can become members of. The club also boasts over 550 members.

Facilities include deck level swimming pool, spa pool, hydrotherapy pool, sauna, steam room and a gym.

The hotel includes fine dining at their restaurant J’s @ 636 which includes delicious high standard British favourites.

Many original features of this stunning property are still evident. Pride of place at the bottom of the main staircase is a newel, taken from one of the original owner’s ships in the early 1900s. At the top of the main stairs, and above the main doors are fine examples of hand painted stained glass windows.

In April 2019, work started on the Purple Peacock restaurant with the view of opening, Summer 2019.

Key Facts • 55 en-suite bedrooms that include tea and coffee making facilities • Traditional setting with modern decor • Free secure parking • Brasserie style restaurant • Leisure club that includes pool, sauna, steam room and gym

78 | 79

The brand started in June 2017 and has quickly established itself in the North East for Latin American food, inventive cocktails and live entertainment.

Whitley Bay Loca Bar & Kitchen first opened in June 2017 as part of the renovation of Hotel 52. The renovation saw conversion of Newquay Lodge, on Whitley Bay’s South Parade , into Hotel 52, a contemporary 32 bedroom hotel and restaurant With no other places similar in the area, the restaurant has succeeded to establish itself in an location going through a £80 million investment.

Thanks to it’s unique offering, Loca Bar & Kitchen has become an popular location for Latin American food, inventive cocktails and live entertainment.

Loca can host up to 100 people and has private dining facilities for up to 16 people, which has proved popular for birthdays, hen nights and family celebrations.

South Shields Loca Bar & Kitchen in South Shields opened in December 2018 as part of the purchase and refurbishment of the Sea Hotel.

Situated on the popular sea front, Loca is just 100 yards from the beach and right opposite the popular South Marine Park.

In-line with South Tyneside’s £100 million development to South Shields town centre, the Loca brand will help bring new life into the community. With the Loca brand now synonymous with great food, excellent service and live entertainment. The venue has become extremely popular for parties, nights out and corporate events.

We plan a number of Loca Bar & Kitchens across the North East in the coming years.

Key Facts • The first Loca opened 1st July 2017 • Turnover for the first 6 months £188,958 • Average spend is £23 per person, and £8,500 per week income • Our salsa classes on a Sunday attract between 30-40 people regularly • Income is expected to rise by 2-5% per annum • Second Loca opened in 2018, adjacent to the Sea Hotel 52, South Shields.

80 | 81

Pazzo Italian & American restaurant is situated adjacent to Hotel 52 in Stanley and since launch in 2017, has become a firm favourite with hotel guests and local residents alike.

The Restaurant was created as part of the renovation of a old care home in County Durham into a hotel. The idea of Hotel 52 and Pazzo was proposed to local residents, councillors and representatives from local trade associations in February 2017.

Locals and officials gave extremely positive feedback on the provision of a quality licensed restaurant which locals can use as well as hotel guests. There’s nothing else like it in Stanley.

The restaurant opened in December 2017 and offers some of the tastiest traditional Italian cuisine in the region, in comfortable surroundings.

Open from 7am serving breakfast to both guests

and the public, Pazzo offers a full menu as well as daily lunch specials and promotional offers.

In addition to the restaurant there is a cosy coffee lounge which serves both a traditional and an innovative Italian afternoon tea. Pazzo regularly hosts community events and themed parties to cater for the many families in the area.

Local business and networks frequently use the venue for breakfast, seminars and social gatherings. The beer garden is extremely popular during the summer months.

With the success of Pazzo Stanley, the Group is now launching a second restaurant under the chain, set to open later next year - Pazzo Thinford.

Key Facts • Opened November 2017, the restaurant averages 350-400 customers per week • Average spend is £18 in the restaurant, and £15 on takeaway • The delivery service was launched May 2018 and generates £1,000 per week • The contemporary yet cosily designed restaurant seats 68 people • We expect 2-5% growth per annum on income

High Street Hospitality

Rustica offers delicious Italian cuisine set in a cosy and inviting tavern.

In 2018, High Street Hospitality identified an opportunity to purchase a former Tavistock Hospitality restaurant with planning permission for accommodation on site.

Located on Washington Road, Sunderland, the newly re-branded Rustica Trattoria & Inn offers traditional Italian cuisine in a modern pub setting. The restaurant and bar can seat up to 82 covers and offers locally sourced produce.

Key Facts • Aquired November 2018 • Authentic Italian Restaurant • 82 seat restaurant and bar • Cosy tavern setting • Plans for a 60 bedroom hotel adjacent to Rustica

Planning permission has been agreed for a 60 bedroom hotel adjacent to the restaurant. The site’s close proximity to the Nissan Factory will ensure a steady occupancy rate of corporate visitors to the area.

We expect to commence construction of the hotel in Summer 2019.

82 | 83

Bar 52 is a sports themed bar offering good food, live sport and drinks promotions.

Whitley Bay After taking over a under-performing Italian Restaurant in Whitley Bay. High Street Hospitality decided on creating a Sports Bar after extensive research.

South Shields The second Bar 52 will open March 2019, on the site of the Sea Hotel 52, South Shields and has already seen a steady influx of new and returning customers.

Opened in time for the football World Cup in 2018, Bar 52 has become a popular location for sports lover and a fantastic place to enjoy craft ales. Taking inspiration from American vintage sports bars, the Bar 52 décor and design is industrial and rustic with exposed brick, neon signs and old sports memorabilia adorning the walls.

High Street Hospitality has taken a un-used space within it’s Sea Hotel and has maximised it’s potential with the creation of the bar.

Bar 52 venue has a number of screens showing the best that Sky Sports & BT Sports have to offer, along with drinks promotions during these viewings.

Bar 52 serves craft ales, along with the normal bar offerings and changes these on a regular basis, with guest ales from innovative and local breweries. The bar also has pool tables and dart boards for local teams and tournaments, weekly quiz nights and open mic nights.

Following the success in Whitley Bay, extensive research was carried out and found a lack of places that offered live sport.

The venue has numerous screens that show everything from the latest local football matches to Pay-Per-View boxing.

The venue also offers craft ales and includes a pool table and darts boards.

Situated on the popular sea front, Bar 52 is just 100 yards from the beach and right opposite the pleasure park.

Key Facts •

Opened in May 2018 to cater for hotel and local residents

•

Bar 52 hosts pool and darts tournaments regularly

•

Bar snacks are available throughout the day

• Guest craft ales are changed monthly • Vintage sports theme and decor •

Second Bar 52 opened in 2019, adjacent to Sea Hotel 52, South Shields

6th Floor Stockbridge House Trinity Gardens Newcastle upon Tyne Tyne and Wear NE1 2HJ Tel: 0191 211 4120 Email: info@thehighstreetgroup.com Website: www.thehighstreetgroup.com