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Our Story


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Contents The High Street Group • Welcome 03 • About us 05 • Key Timeline 06 • The High Street Group Structure 10 • Meet our People 12 • Charity News 14 High Street Residential • An Introduction • Meet our People • The future of the Private Rental Sector (PRS) • Key considerations for the Build to Rent sector • Smart Technology • Our Projects

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All Saints Construction • An Introduction • All Saints Living • Managing Director • Our Projects • Upcoming Projects

56 58 59 60 73

High Street Hospitality • An Introduction • Managing Director • 5 year Business Plan • Our Projects • Upcoming Projects

76 77 78 80 73

• Rooftop Extensions • In the News

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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.

• All Saints Construction 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 230 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 Construction 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’


The High Street Group

Building for the future

About us Since its inception in 2006, The High Street Group of Companies has successfully developed and operated businesses covering Investment and Development Finance. The Group’s management team has decades of experience in the property and financial industries. In recent years, the Group entered the property investment and development sector, and quickly became one of the fastest growing construction and development companies in the North East. There are over 100 homes under construction, all built to an exceptionally high standard. Our landmark restoration project, Larbert House & Country Estate has already won a handful of awards and our development company, All Saints Construction, was accredited with the Best Medium Sized Builder at the Real Estate and Property Awards. We now specialise in three key development sectors: Private Rental Sector (PRS) schemes, traditional residential development and hospitality, in the form of hotels, bars and restaurants, with a fourth opportunity, Rooftop Extensions, already being planned. We fully believe that our diversification across these sectors minimises risk. We are focused on growing our large scale building and property portfolio and the long term opportunities and potential of the PRS sector through our Build to Rent property company, High Street Residential. Our PRS pipeline is currently estimated at £1 billion, with our first forward-funded scheme on site in Milton Keynes, with an institutional sale agreed with Grainger PLC. This was one of only two Grainger purchases in the UK in 2017. We have also established relationships with institutional investors to give the comfort of a robust exit strategy for these developments.

The construction of Hadrian’s Tower has also commenced. This will be the tallest building in Newcastle at 27 storeys high with 162 apartments. We have many more upcoming projects in or in proximity to major city centres, including Birmingham and Manchester, where there is a demand for quality apartment living. Our development company, All Saints Construction continues growing from strength to strength, procuring land and building new homes under our All Saints Living brand in key locations in the UK. High Street Hospitality has a strategy to purchase, renovate or construct, and manage 15-20 hotels in the next 5 years. The division is moving rapidly ahead with this plan and building the Hotel 52 brand with our first two operational hotels in 2017 and a further two acquisitions in 2018. We have many more projects in the pipeline, all in areas of proven demand and opportunity. Each of our establishments has on-site dining in the form of our restaurant chains Loca and Pazzo, and 2018 saw the launch of our sports bar Bar 52, the first being in Whitley Bay. The High Street Group employs more than 100 people in the Head Office in Newcastle upon Tyne and across development and hospitality sites in the UK. A combination of the Group’s financial strength, – reported profits in 2017 were £40 million – sector expertise and established relationships create a strong position from which we can explore opportunities and achieve our aspirational long-term goals and objectives.


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Hadrianâ&#x20AC;&#x2122;s Tower, Newcastle - 2017

Key Timeline

Silbury Boulevard, Milton Keynes - 2017

Larbert House & Country Estate - 2014

Stamford Lea, Rennington - 2013

Whitley Bay - 2016 Stanley - 2017 Thinford 2019

Whitley Bay - 2017 South Shields - 2018


Middlewood Plaza Salford - 2018

Cheshire Junction, Warrington - 2018

Westminster Works, Birmingham - 2018

Ashcroft Mews, Seaham - 2015

Burn Brae House, Hexham - 2015

Stanley - 2017

Holloway Head Birmingham - 2018

Brett Wharf, Gateshead - 2018

Talbot Road, Kent Street Residence, The Charter, Trafford - 2018 Birmingham - 2018 Birmingham - 2018

Sunderland Bridge, County Durham - 2016

Aidan Gardens, Belmont -2016

Whitley Bay - 2018 South Shields - 2019

Morar House, Helensburgh - 2017

The Walled Gardens, Gosforth - 2017

South Shields - 2018

Kent Street Baths (Plot 1), Birmingham - 2019

Pottery Lane, Newcastle - 2019

Roseate View, Amble - 2019

Student 52, Newcastle - 2018

Washington - 2018

Adelphi Way, Hunton - 2019

Moncrieff View, Scotland - 2019

Yarm - 2018


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The High Street Group

About us (continued) Vision Statement Our vision is to become a £3 billion business within 3 years, and a globally recognised brand. We will achieve this by growing operations in the four main development sectors of large scale PRS, rooftop extensions, traditional construction and hospitality. Mission Statement Our mission is to develop high quality properties, where people love to live or stay, whether through purchase of a new home, the rental of an apartment, or a short stay in one of our hotels. We will provide expertise, financial strength and business support to meet the overall business plan and objectives of the Group and its divisions.

This will create wealth and value to our investors, and opportunities for career progression to employees. Our Values The High Street Group values are an important fabric of the company. They are embedded across the business and we expect and encourage all employees to demonstrate these values. We strive to: Be honest, open and professional

Show entrepreneurial spirit

Operate in complex environments with integrity and trust

Diversify through innovation

Future proof our business

Be approachable and flexible in our thinking

Keep things simple


10 | 11 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 All Saints Construction

Phill Brumwell Managing Director High Street Hospitality


The High Street Group


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Meet our People Gary Forrest, Chairman Gary has over 30 years of experience in financial services and investments, initially in the mortgage sector where he successfully grew his lending business from a £100 million lender to a £1 billion lender within 5 years. Gary sold High Street Home Loans to GMAC-RFC in 2003, remaining a Director and operating at board level for several years. The High Street Group was conceived in 2006, initially in the areas of financial management and investment, and in 2011 he turned the focus towards alternative investment strategies and development finance, taking advantage of the potential gap in the market. In 2013 he entered the construction and development sector, realising the opportunity of providing an end-to-end solution from land acquisition to project completion, and in a short space of time had become one of the fastest growing medium sized builders winning accolades such as Best Medium Sized Builder (UK) and Best Renovation Project (Scotland), with a pipeline of projects valued at £120 million. More recently, Gary identified the revolution and demand for Private Rental and Build to Rent Sector, and the Company already has two large projects under construction in Milton Keynes and Newcastle, with over £1 billion of projects in the pipeline.

Joanne Bell, Group Financial Director Joanne is a fellow of the Institute of Chartered Accountants of England and Wales, with an honours degree in Accounting and Financial Analysis from the University of Newcastle upon Tyne. Joanne qualified as a Chartered Accountant with PricewaterhouseCoopers, before moving to Gentoo Group (then Sunderland Housing Group) in 2002. Joanne held a number of senior roles at Gentoo, a large housing association in the North East of England, including Assistant Finance Director. Joanne was fundamental in attracting both short term and long term funding, along with institutional investment to a subsidiary of the business Gentoo Genie. Joanne joined The High Street Group in January 2018 as Group Finance Director, bringing with her more than 18 years’ experience of accounting across a number of different industries, including house building, construction and financial services.


The High Street Group

Steve Brown, Group Legal Director Steve graduated from the Medical School of the University of Newcastle upon Tyne with an honours degree in Pharmacology in 2002. Working as an analyst for Scottish and Newcastle Breweries for a short period of time he returned to education, undertaking a law conversion degree at the University of Northumbria before qualifying as a barrister and being called to the Bar in 2005. He practised in a variety of areas focusing on litigation and contract disputes until 2010 when he cross qualified and was admitted to the roll of solicitors of England and Wales. Steve worked in private practice specialising in civil and commercial matters before moving in-house with The High Street Group at the end of 2014 to take on the role of Group Legal Director. Steve currently heads the Group’s legal structure, overseeing the many facets of the business, from hospitality to large scale development, via the in-house legal team and external specialists. The majority of Steve’s time is focussed on the Group’s £1 billion private rental developments; he is integral in the security of the development sites and the negotiation and execution of the multi-million pound institutional development agreements with the likes of Grainger Trust PLC and Cording Real Estate.

Sonali Craddock, Group Marketing Director Sonali is the Marketing Director for The High Street Group, and all companies within the Group structure, namely High Street Hospitality, High Street Residential and All Saints Construction. Sonali develops marketing strategies and manages all aspects of marketing, communication and public relation related activities. Sonali joined The High Street Group in 2014, and brings with her over 20 years of experience, 10 years of which was with Bank of Scotland in various customer service and management roles, and the remainder in Marketing and Communications in the finance and property sector, both in the UK and South East Asia. Sonali worked for India’s largest developer, DLF, for over 6 years marketing luxury projects in Delhi, Goa & Kasauli. Sonali studied with the Chartered Institute of Bankers and attained membership in 1998, and she furthered her qualifications in subsequent years with Financial Planning Certificates 1, 2 & 3 and Diplomas in Digital Marketing & Social Media.


Charity News At The High Street Group, we believe charity begins at home and we carry out a range of fund raising events to support local charities from climbing mountains to trekking canyons. We also believe in contributing to the communities in which we build our projects, and endeavour to integrate our construction team into the businesses and local communities in which they operate. We are exceptionally proud to be one of Just Giving’s largest fund raisers in 2016, raising a total of £41,000 for Macmillan Cancer Support, which was realised by a team of 14 Group employees climbing Kilimanjaro. We continually strive to ensure we give something back to those who need it most in our local area.

CEO Sleepover On 9th March 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 stands at £76,300. Despite the discomfort and lack of sleep for the night Gary thoroughly enjoyed the experience.


The High Street Group

Grand Canyon challenge raises funds for St. Oswald’s Hospice A group of work colleagues from Newcastle completed a gruelling trek through the Grand Canyon to raise £3,407.62 for St. Oswald’s Hospice. The eleven strong team, from The High Street Group, travelled to Arizona in the USA and tackled tough terrain, wildly changing weather and the odd blister on the 50 mile excursion. Sonali Craddock, Marketing Director with The High Street Group said “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.” St. Oswald’s Hospice, based in Gosforth, provides essential care for people living with an incurable condition and provides support for their families.

July 2017

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 fundraiser 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 need to raise over £7 million each year to continue providing hospice care to local adults, young people and children. We simply couldn’t continue with our work without the support of local businesses like The High Street Group.”


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North East firm’s giving is just amazing Generous staff at a North East firm have amazed themselves by becoming one of UK’s top charity donors. The 50 strong team at The High Street Group – a property and financial operation – was among the top 1% of the 532,124 contributors that used JustGiving in 2015. They raised £41,653.77 for MacMillan Cancer Support and all of the money will be targeted at projects in the region to provide better practical, medical, emotional and financial support for those fighting the disease. Most of the cash was raised through a trek by 14 of the team to the summit of Mount Kilimanjaro in Tanzania, although a series of other, generally office based events, topped up the coffers. Gary Forrest, the Group Chairman at the office in Cuthbert House, Newcastle, said: “It’s been great fun and a real challenge – especially the African experience – but it’s been fantastic to have raised so much and to be recognised for the effort.”

January 2016

Erin Fairley, Fundraising Manager with Macmillan Cancer Support in the North East, added: “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.” The company received a message and badge of achievement from JustGiving and Isabel Sanchez, Head of Corporate Sponsorships, said: “The High Street Group are 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.”


The High Street Group

Boxing clever to back Macmillan A business which has backed its employees to trek from river deep to mountain high to raise money for charity, is boxing clever in a bid to reach its own £50,000 target. Staff from The High Street Group of Companies, based in Newcastle, have already raised over £40,000 for cancer charities – such as Macmillan Cancer Support and St. Oswald’s Hospice. The majority of this came from a sponsored 50 mile walk in the Grand Canyon and climb up Mount Kilimanjaro but coffers have been boosted through a series of office based events. The company is now supporting Macmillan Cancer Support once again and is to stage a charity boxing evening in the hope of raising a further £10,000 – this time for a new initiative, 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. Fighters include Chad Ellis, Darren Reay, Jay Hughes and Kyle Redfearn who all train at the MTK gym in Gateshead, owned by High Street Group Chairman, Gary Forrest. He 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.”

December 2018 Local charities we are proud to support

The Macmillan Supportive, Palliative and End of Life Service is a collaboration between Macmillan and the North East Ambulance Service, which expands the work already undertaken to improve end of life services for North East patients. Although initially funded by Macmillan, the service is available for any palliative and end of life patient, not just those affected by cancer. The innovate partnership provides paramedics and ambulance clinicians with training and education to deliver appropriate treatment within the home, aiming to reduce unnecessary admissions to hospital and enabling people the comfort of dying at home – if that is their wish. Macmillan Nurse Facilitator Sarah Turnbull, who has worked as a Macmillan nurse within the community for nearly 10 years, is leading the new team at North East Ambulance Service. She said: “A good death doesn’t just affect the person who is at the end of their life; it has a lasting impact on their loved ones. We only have one chance to get it right. So we are very grateful for this support from The High Street Group, which will make a real difference to our patients and their families.”


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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.


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 UKâ&#x20AC;&#x2122;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. 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.

Our Locations The process of identifying and securing a successful project commences with identifying beneficial locations and ensuring strong and sustainable demand, with the following being of critical importance: 1. Strong local demand using specialist data analysis and research 2. Mature local regeneration 3. Within 15 minutes walk of city centre amenities and public transport links


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Meet our People 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.

Keith McDougall, Operations Director Keith is a Fellow of the Royal Institute of Chartered Surveyors with an honours degree in Quantity Surveying and Diploma in Management Studies. Keith began his career as a Quantity Surveyor working on the client side within both private practice and local authority. Keith moved into a Senior Quantity Surveyor role within the Keepmoat Group (Frank Haslam Milan) in 1998 and subsequently fulfilled several roles during his 15 year tenure, including Contracts Manager and Operations Manager, before his promotion to Construction Director. Keith is now the Operations Director within High Street Residential, tasked with planning and delivering a pipeline which currently sits in excess of £1bn. With over 25 years of experience within construction and development, Keith’s knowledge of a huge spectrum of project types and the associated commercial viability will be vital to the Company’s success and growth.


High Street Residential

Mark Kidd, Commercial Manager Mark has an excellent track record in commercial control and the management of construction projects. He has previously worked for Rok Plc, Wates, Thermabuild and All Saints Construction. Mark has held numerous senior roles and has had responsibility for the financial control and contract management of many large schemes across the UK. Mark also led the operations of All Saints Construction for a number of years, including the conception and delivery of many key projects for the company. Markâ&#x20AC;&#x2122;s extensive expertise in commercial management is key to the cost-effective construction and completion of High Street Residential schemes.

Rodger Till, Head of Acquisition Rodger studied for a General Practice Surveying degree in Newcastle in the mid-80s. He started his career working for English Estates (now Homes England), followed by Greggs and The Vaux Group where he was involved in property management, acquisitions and sales across the whole of the North covering all types of commercial property. Rodger then joined the senior management team of a leading Housing Association where, over a period of eleven years he managed the ÂŁ60 million a year new build development acquisitions and sales activity of the group as well as the commercial property portfolio. During this period Rodger was instrumental in the delivery of around 3,000 new homes and negotiated over ÂŁ100 million of government subsidy for the schemes.

Jon Rukin, Development Manager (North West) Jon has broad experience of construction and maintenance in a variety of sectors including industrial and commercial, education and residential. He has held a broad cross section of roles including; profit and loss accountability, operational management, business development and tendering strategy. Having held senior leadership and Operational Director roles at Kier Living, Wates, Rok Plc, Ballast Nedam, Ring Stones LLP and Forrest Construction, Jon has a long track-record in creating, improving and growing businesses.


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 Rented Sector (PRS) 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 the 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 private rented 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 work-force

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. In 2017, the total investment in the Build to Rent Sector was estimated to be £6.27 billion, up 25% the amount invested in 2016

The proportion of households in the private rented 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


High Street Residential

In 2017, the Built to Rent market attracted £2.4 bn in investment and is forecast to grow by 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, a nice life – shared values and identity – meet in lounge areas, work in the business centres, relax in the gym, compare notes at wine tasting The way properties are managed is also an important factor in the success of PRS housing and the renewal of tenancies, and the how included the tenants 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. 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 any concierge, as well as refrigerated space for food delivery, cleaning services and communal spaces.

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 Build to Rent developments are becoming more established in the housing market, presenting a tremendous opportunity for developers. The test is to ascertain whether Build to Rent 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. 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 the Capital and therefore developers are increasing looking at regional developments outside of London, and the reality is that some regional locations have strong employment rates and the local economies are thriving alongside having lower land values. 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


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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, cafĂŠs 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 even 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.


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


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

HADRIAN’S TOWER, NEWCASTLE UPON TYNE • Tallest building in the city • 27 storeys, 162 units and Sky Lounge • Total Gross Development Value £47 million

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

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

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

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

CHESHIRE JUNCTION, WARRINGTON • Former industrial site adjacent to Warrington Central Station • 362 PRS apartments • Total Gross Development Value £52 million


WESTMINSTER WORKS, BIRMINGHAM • Close to proposed high speed rail network ‘HS2’ • 220 PRS apartments • Total Gross Development Value £50 million

CHARTER 1, BIRMINGHAM (Phase 1 & 2) • Part of Smithfield Masterplan, extending the city centre by 25% • 1136 units • Total Gross Development Value £238.5 million

HOLLOWAY HEAD, BIRMINGHAM • Within the Big City Plan regeneration scheme • 486 units • Total Gross Development Value £98.5 million

KENT STREET RESIDENCE, BIRMINGHAM • Located in the Southern Gateway £1 billion regeneration zone • 98 units • Total Gross Development Value £19 million

KENT STREET BATHS PLOT 1, BIRMINGHAM • Located in the Southern Gateway £1 billion regeneration zone • 482 units • Total Gross Development Value £114 million

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


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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.


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


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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, will be 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, will have the opportunity to access the Sky Lounge, and take in the 360° views across the city. 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.


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 post graduate market

Build is by Tolent Construction Limited

Total Gross Development Value £45 million


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We acquired a former industrial site next to Warrington Central Station, to create 8 storey complex, with a total development value of ÂŁ52 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


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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. Construction commenced in September 2018 with demolition of the existing buildings, the properties began 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


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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. 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. Demolition commended in January 2019 by United Living.


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


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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 1 minute walk 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


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Holloway Head will create a vibrant and a sustainable community in the heart of Birmingham City Centre. The ÂŁ98.5 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 High Street Group exchanged contracts on this landmark project in May 2018, with construction commencing in 2019.

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 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


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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


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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


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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


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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


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An Introduction All Saints Construction 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


All Saints Construction

We aim to become the most reputable medium sized builder in the North East, delivering aspirational homes and commercial spaces About Us 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. All Saints Construction 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. All Saints Construction 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 All Saints Construction 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’. All Saints Construction has gone from strength to strength, with projects across the North East of England and Scotland, with a total value of

Our Awards

£20m, and projects valued at over £28.5m in the pipeline for 2019. 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. All Saints Construction’s 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. The principles we follow on our own projects are equally applicable to our work for clients. External Contracts All Saints Construction 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 the All Saints culture of honesty, openness and commitment to exceed our clients’ expectations.


All Saints Living, the residential homes brand of All Saints Construction, 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 clientsâ&#x20AC;&#x2122; 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.


All Saints Construction

Social Value All Saints Construction 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 All Saints Construction 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.


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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


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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 â&#x20AC;&#x2DC;Best Residential Development Tyne & Wearâ&#x20AC;&#x2122; 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


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Grade II listed Georgian building transformed into 6 grand apartments. The former site of Burn Brae Medical Group was acquired and All Saints Construction completed the refurbishment of this grand Georgian building into 6 two bedroom apartments and a 3 storey, 2 bedroom townhouse. Burn Brae House is an old traditional building located on Hencotes, a road winding through the popular West End of Hexham. It is well placed for its ease of access into Hexhamâ&#x20AC;&#x2122;s town centre, with its historic Abbey, shopping facilities, and excellent schools and sporting facilities.

Each of the units were sold off-plan, bringing in sales values of ÂŁ2 million and the project was completed July 2016. All Saints received many commendations on the sensitive restoration of this building, which was short-listed for Refurbishment of the Year at the North East Property Awards 2017.


Key Facts •

 ompleted successful renovation of derelict building, C bringing a new lease of life to a popular part of town

• Retaining an abundance of period features •

Each apartment benefits from 2 parking spaces

•  Grand glass atrium with internal balcony walkways •

Total Gross Development Value £2 million


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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


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Roseate View in Amble, Northumberland consists of the demolition of a former primary school to develop 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 dormer bungalows have three bedrooms, the entire top floor accommodating the master bedroom, and an en-suite bathroom. Each property type has westfacing 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 â&#x20AC;&#x201C; 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


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We have concluded missives on a subject to planning basis with East Dumbartonshire Council to purchase the former Lenzie Primary School site. The agreement will be based on us achieving planning for 11 apartments in the existing school building and a further 9 apartments in a 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.

Key Facts •

Currently in ‘subject to planning’ deal

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


All Saints Construction

4 new build bungalows within an established Northumberland hamlet. In 2017 construction began on 4 new bungalows within the grounds of a previous project known as Stamford Lea. Stamford Lea was the creation of a small hamlet within the sprawling countryside of Rennington, not far from Alnwick. This was the restoration and construction of 5 properties, comprising from two to five bedroom homes in traditional stone. This project was completed in 2016.

In 2017, planning was granted and construction began on 4 additional dormer bungalows in the adjacent paddock. The detached bungalows are three bedroomed, with large open living space and sun lounge, perfect for the down sizer market attracted to this area. Construction was completed in the first half of 2018.

Key Facts •

Large exclusive bungalows within the grounds of an established hamlet

• Slate roofs and traditional stone build •

Unique layout with master bedroom and en-suite covering the entire first floor

•  Close proximity to Alnwick town centre amenities and world-renowned Northumberland countryside •

Total Gross Development Value £2.8million


70 | 71 All Saints Construction

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.

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

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.

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


All Saints Construction

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

Morton Carr Lane, Nunthorpe •

32 houses made up of 12x five beds, 13x four beds and 7x three beds

• •

Located in the highly desirable and sought after suburb of Nunthorpe Launching January 2020


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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 Groupâ&#x20AC;&#x2122;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


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 Groupâ&#x20AC;&#x2122;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. Oswaldâ&#x20AC;&#x2122;s Hospice.


High Street Hospitality 5 year Business Plan: Our approach Our business development team work with key partners and property agents to identify hotels or land for sale in key development areas where there is an accommodation need for the leisure and corporate or contractor sector. A deep analysis is undertaken by our hospitality team in terms of the hotel operation and potential, as well as demand and competition in the local area. These hotels are then managed and operated under the Hotel 52 brand. Our approach also allows for the inclusion of adjacent or internal space for dining and bar options, which are promoted not only to the hotel residents but to the local area to maximise the income from each asset, and further increase the long term value of the business. Dependant on the size and location of the property, as well as the local area, will determine which brand is chosen, from Pazzo, Loca or Bar 52. We ensure each hotel and our employees provide an elegant and personal level of service so each guest has a warm and wonderful stay. This ensures repeat business and positive reviews, and rooms being booked regularly by previous guests.

Our process Identify and acquire poorly managed and maintained hotels in key locations after thorough research into the potential opportunity Meet local Councillors and regeneration teams from the area to discuss the requirements and any research undertaken for accommodation in the locality Refurbish the hotel and any on site facilities to a high standard whilst maintaining an efficient business operation

Alternatively, identity and purchase land in areas of high accommodation demand and construct new build hotel

Integrate our management team to operate the hotel and streamline the operations

Deliver increased occupancy rates, efficiencies, turnover and profit

Fully implement and promote the Hotel 52 brand and stabilise a profitable business

Increase the value of the asset as part of our strategy to sell the portfolio to an institution in 5-7 years


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.

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. 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: •  Durham County Cricket Club, Chester-le-Street 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.

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.

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.

• Hotel 52, Barrow in Furness This opportunity is a new build 54 bedroom hotel located in Cumbria and strategically placed next to the site of a multi-million pound development project in the nuclear, offshore wind turbine and submarine sectors. Our market research demonstrates that demand will be high from the business travellers and contractors to the area. Weekends will see this hotel benefit from the tourist market place driven by peoples love of the lake district. • 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.


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


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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.

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.

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

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.

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.

Since opening, a number of new housing developments have sprung up, with the November 2016 Stanley Master-plan update reporting the delivery of 150 new homes and plans for 770 more.


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


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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 itâ&#x20AC;&#x2122;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 This is an ambitious vision to reinvigorate and bring extra vitality to the South Shields town centre. The successful completion of phase one included The Word, National Centre for the Written Word recognised as a cultural venue of regional and national significance, and the renovated and remodelled market place. In addition, a new 40 space car park was created. Phase two of South Shields 365 includes the new Transport Interchange.


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


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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 Jâ&#x20AC;&#x2122;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 ownerâ&#x20AC;&#x2122;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.


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


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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.


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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. Thereâ&#x20AC;&#x2122;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.

The staff at Pazzo take great pride in the level of customer service provided to every customer who walks through the door. 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.


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


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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.

Planning permission has been agreed for a 60 bedroom hotel adjacent to the restaurant. The siteâ&#x20AC;&#x2122;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.


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


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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


Rooftop Extensions: A new and exciting opportunity to deliver housing by High Street Residential 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.


High Street Residential

More creative and lateral thinking needs to be applied to how we can increase the supply of housing. Rooftop development is recognised as one of the most innovative housing solutions that can contribute to the delivery of more homes. Currently, only 2% of new homes per year in London come about as a result of an element of ‘upward extension’. An additional 630,000 residential homes could be supported across London, by adding additional homes above municipal buildings. It is recognised that rooftop development is not an opportunity without obstacles. As with brownfield development sites, rooftop ‘sites’ have various complex and challenging constraints that need to be overcome to realise this kind of development. Typical planning considerations A range of material planning considerations are likely to apply and we consider these to be the following: • Conservation Areas and Listed Buildings

Strategic & financial benefits Strategic • Delivery of much needed new homes supply to meet housing needs • E  nhancing asset value and use of existing properties • Innovative – 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 • Creation of a significant windfall payment for freeholder, linked to market value of the new apartments • Reduction in maintenance burden for freeholders/leaseholders • Improvement in the kerb appeal of properties through associated improvements to façade and elevations

• Car Parking

Our approach We are partnering with a company who have 1,800 assets across the UK in the form of the freehold of accessed, unused roof space.

• Supportive Spatial Planning Policy Designations

The initial strategy and focus will be as follows:

• Other Restrictive Spatial Planning Policy Designations

• Projects located in London and Manchester

• Design Standards • Public Transport Accessibility

• Existing Uses • Space Standards • Private Open Space Requirements • Sustainability • Section 106 & Community Infrastructure Levy The development process 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.

• Identify high value sales areas • Carefully  selected schemes based on construction, planning and end sales values • D  edicated local teams to be recruited, with a Project Manager already in place • W  e are planning 8 pilot schemes based in London • T  he average scheme will see the delivery of 8 apartments


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In the News 22

ANNUAL BUSINESS REVIEW 2017

THE JOURNAL FRIDAY, DECEMBER 15, 2017 in association with The High Street Group

The High Street Group makes its mark The high Street Group of Companies made its mark in 2017, announcing a string of exciting projects, many of which will transform city skylines across the UK. established in 2004 by Gary Forrest, the Newcastle-based business emerged as a leading property development and leisure operation. he said: “We are delighted with performance over the past couple of years but particularly in 2017. Our property development and land acquisition strategy are really starting to show hugely encouraging results.” Already working on the construction of 14 innovative, luxury homes in the Brandling estate’s former walled gardens in Gosforth, the group announced in February that it had acquired listed Scottish mansion, Morar house. Overlooking the Clyde estuary at helensburgh, the property is now undergoing a tasteful restoration, with six luxury apartments being created in the existing mansion house and a new-build extension in the grounds providing a further six. In May, a prime site adjacent to Warrington railway station was acquired to enable a £50m project, complementing the ambitious town centre regeneration. It will become a six storey complex with 284 private rental sector (PRS) apartments.

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> Hadrian’s Tower – a 26-storey building, comprising 162 apartments

A month later came the news that the group will undertake the £40m development of Newcastle’s tallest building. hadrian’s Tower – in Rutherford Street, off St James’ Boulevard – will be a 26-storey, 82m high structure comprising 162 apartments. July saw the completion of the first

venture into the leisure sector. hotel 52 is a tastefully refurbished, 32-bedroomed boutique hotel with adjoining South American restaurant, Loca. Once again, the venture complements a major regeneration initiative – this time in Whitley Bay. In August, Grainger plc, the UK’s largest listed residential landlord,

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unconditionally agreed to forward fund and acquire – for £30.5m – a 139-unit build-to-rent development The high Street Group is creating in Milton Keynes. Another meticulous restoration and new development at Larbert Country estate in Stirlingshire, received the Residential Develop-

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ment Category (Central Scotland) accolade in the UK Property Awards 2017, during September. here, 20 luxury apartments have been created in the restored 19th-century mansion house. A further 10 mews houses and 15 executive detached properties are under development within the gardens. As the end of the year approached, the group accounts (for 2016) reported a £26,020,652 profit and projects with a gross development value in excess of £330m in the pipeline. November saw the opening of the second hotel 52, located close to the Beamish Museum in County Durham and the exchange of contracts on another prime regeneration site, this time in Birmingham. Westminster Works, which will become an eight-storey, 254-apartment PRS project is located close to the proposed high-speed rail network on the edge of the city’s £1bn regeneration zone Southern Gateway. The high Street Group of Companies is based in Cuthbert house, adjacent to the Tyne Bridge. It has grown to become a leading financial and property group employing over 100 people in activities including large-scale property development and construction, hospitality and leisure.

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NE developer starts southern scheme Rapidly expanding North East based property developer - All Saints Living-has started work on a £30 million construction project in the south. The scheme, in Milton Keynes, will deliver 139 brand new apartments for rent on a three-quarter acre site on Silbury Boulevard - in the town centre. Expected to create around 100 jobs in the construction and supply chain sector during the 24-month building phase, it comprises a mixture of one and two ­bedroom apartments across six floors. There will also be two retail units on the ground floor. United Living, one of the UK’s leading providers of refurbished and new build homes, has been appointed to lead on the construction of the scheme on behalf of All Saints Living - one of the Newcastle based High Street Group of companies. Upon completion, the site will be handed over to Grainger PLC, the UK’s largest listed residential landlord with over 100 years’ expertise in the private rented sector (PRS). It will be owned by GRIP REIT - a joint venture between Grainger and APG, Europe’s biggest pension fund Asset Manager. All the apartments are being designed specifically for rent with the customers’ needs in mind. Each unit will be finished to a high specification, featuring a stylish open plan kitchen and lounge area. The larger apartments will have a bedroom on either side of the living space, each with en-suite facilities. Keith McDougall, director with All Saints Living- part of The High Street Group of companies said: “As the build to rent, or private rented sector, continues to grow, due to demand for homes outstripping supply, we have taken this opportunity to expand our work beyond the north of the UK. “Working with our partners and Milton Keynes Council, we plan to create a community with a modern village feel that will cater particularly for the needs of aspiring young professional people - helping to retain their skills and investment into the community.”


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HADRIAN’S TOWER DEVELOPER HAS £600M PRS PLANS Posted by Dave Stopher I May 1, 2018 I Business, Property | 

The developer of Newcastle’s tallest building - Hadrian’s Tower - has agreed a deal to create another site for private rented sector (PRS) apartments, bringing the gross development value (GDV) of its portfolio of proposed projects to more than £600 million. The High Street Group of Companies will work with the owner of the Birmingham City Centre site, Taylor Grange Developments. The £120 million venture, which has planning permission, will create around 500 one, two and three bedroomed apartments close to the The Mailbox retail complex and the planned HS2 rail link. It’s hoped that construction will begin later this year. The consortium is also progressing a £50 million, eight storey 220 apartment complex in the Digbeth area of Birmingham. Meanwhile, preparations for construction of the group’s flagship developmentHadrian’s Tower, Just off St James’ Boulevard in Newcastle - are well advanced. The £46 million, 26 storey structure will become the city’s tallest building, providing 162 apartments. In addition, plans are being made to create a ‘Sky Lounge’ to allow regular

public viewings across the city’s heritage sites and - on clear days - as far as the coast. With its headquarters in Cuthbert House, Newcastle, The High Street Group of Companies was established by Chairman, Gary Forrest in 2004. It has grown to become a leading financial and property group employing over 100 people in activities including large scale property development and construction, hospitality and leisure. He said: “Already almost 17% of the population is renting privately and this figure Is expected to grow significantly. “In response, we are creating high quality living spaces In town and city centres, future proofed through the use of the latest SMART technologies. There are communal relaxation facilities, where people can meet, form friendships and build new communities. “This style of living is becoming the choice of young professionals and we anticipate increasing our investment levels by around £200 million per year for several years to come. “Our developments offer extremely attractive investment opportunities for institutional and individual investors who can enjoy yields and capital growth

in excess of seven per cent per annum. These are none volatile, high quality assets offering attractive, long term returns, which we can maximise for our partners.” Construction is also underway at Milton Keynes, where a £30 million investment is creating a seven storey facility containing 139 apartments. Grainger plc, the UK’s largest listed residential landlord has unconditionally agreed to forward fund and acquire this development. Other schemes announced include Middlewood Plaza, a £26 million, nine storey, 127 apartment development in Salford, for which planning permission is approved; Cheshire Junction, a £46 million, eight storey. 362 unit project In Warrington and Talbot Road, a £22 million, ten storey 156 apartment initiative in Trafford, Manchester. Altogether these schemes comprise a £340 million investment in 1,666 units. A further three prospects, being seriously considered, would bring Tile High Street Group’s investment in PRS to more than £600 million - creating almost 3,000 apartments. For more information visit www.thehighstreetgroup.com


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Hadrian’s Tower in Newcastle, as it will look when completed

£26 million profit for property specialist North East based The High Street Group has posted profits of more than £26 million in its first full year of trading as a combined entity of companies - 2016. Established as a holding company for 45 already existing businesses - specialising in property investment and development, financial services and claims across multiple sectors - it made £26,020,652. These operations include well established brands such as All Saints Living, All Saints Construction, High Street Boutique Finance and High Street Claims. Said Group Chairman, Gary Forrest: ‘We are delighted with performance over this first full year of operation. Our property development and land acquisition strategy is really starting to show hugely encouraging results. “We have a significant pipeline of private rented sector (PIRS) schemes - many of which are reaching the construction stage - with a current gross development value (GDV) in excess of £260million, whilst our traditional housebuilding model has a GDV in excess of £70million and a substantial number of exciting planned projects. “I am also delighted to announce that we have agreed terms to create a partnership with one of the UK’s largest freehold owners to carry out a series of innovative rooftop developments in major UK cities. “Our hotel brand, Hotel 52, has acquired two sites and we are looking to grow and develop a further 15 to 20 hotels, predominantly in the North of England, over the next two to three years.” Recently announced PRS projects include Hadrian’s Tower, which will be Newcastle’s tallest building, at 82 meters. The 26 storey structure - in Rutherford Street, off St James’ Boulevard - will change the city skyline and provide 162 private rented, one and two bedroomed apartments for up to 456 people. Similar projects being undertaken include developments in Milton Keynes and Warrington which will create a further 423 PRS apartments. An award winning initiative involves the sympathetic restoration of Larbert Country House and gardens in Stirlingshire to create luxury apartments and detached executive homes. This recently won the Residential Development Category Award, for Central Scotland, in the UK Property Awards 2017, in association with Bentley Motors. Another prestigious development involves the creation of 14 executive homes within the walled gardens of the 18th Century Brand ling Estate, adjacent to Newcastle Racecourse. The High Street Group and its subsidiary companies are based in Cuthbert House, Newcastle. Gary Forrest set up his first company in 2004 and has become a successful entrepreneur, as the business has become a leading financial and property group, employing over 100 people.


The High Street Group

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Peter Bartley, Senior Director at Bradley Hall, Matt Hoy, Director of estate agency and Lewis Chambers of BH Financial Services

WORK BEGINS ON LUXURY HOMES AT NEWCASTLE RACECOURSE Work has begun on an £11 million project to create 14 contemporary and luxurious homes within the Walled Garden at Newcastle Racecourse.

Leading North East chartered surveyors and estate agents Bradley Hall has unveiled details of the highly anticipated development of exclusive homes. The properties are set to come to market in the summer of this year, with completion dates estimated to be early 2018. The properties will boast a range of luxury finishes and aesthetic details, as well as sedum grass and zinc roofs, which will mirror the leafy surroundings and former greenhouses of the Walled Gardens. Located in Gosforth, one of the city’s most affluent suburbs, The Walled Garden will have access to a range of restaurants, pubs and retailers on Gosforth High Street. Home owners will have excellent transport links, such as access to the A1(M) and A194(M), as well as public transport links, providing a prime location for commuters and professionals. The four and five bedroomed homes will be carefully set within the four-acre site which originally served the 18th Century

Brandling Estate. The initial sale of the site for redevelopment also supported a highly publicised improvement multi­million-pound investment programme at the racecourse. The exclusive homes will be developed by award winning All Saints Developments, a property development company which specialises in innovative architecture and high quality interior design. Matt Hoy, director of residential services at Bradley Hall, said: “These outstanding homes have been highly anticipated for a long time, and we were not disappointed to see the plans for this exclusive development. ‘We know that All Saints Developments and the homes they build are a perfect fit for this particular location. All 14 of the properties will boast a range of stunning features and practical, yet luxury, living. “The location of The Walled Garden provides discerning buyers the opportunity to own a home in one of the most sought after

suburbs of Newcastle. The close location to Newcastle city centre provides convenient travel for commuters and those who like to socialise in the city, whilst also enabling a tranquil living environment. “As there is only a limited amount of properties within The Walled Garden, we expect them to be snapped up very quickly.” Developers have also taken an interest in protecting the native wildlife within The Walled Garden, carrying out protection initiatives and the capture and release of small creatures into more suitable habitats. Director for All Saints Developments {NE) Ltd. Keith McDougall, added: “In an area renowned for its landscaping and wildlife, we will be building homes which are sympathetic to their surroundings. The modern design of the properties will maximise natural light, with large south facing windows as a key feature in the eight, four bedroomed properties in the northern part of the garden.”

For more information visit www.bradleyhall.co.uk or call Bradley Hall Gosforth office on 0191 284 2255 86


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Here are the North East’s top 10 companies of 2018 - as picked by our business team May 21, 2018

CGI of proposed apartment development in Birmingham by Newcastle’s High Street Group

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Cuthbert House Business Centre e upon Tyne Wear

ational and regional prize winners, and firms changing the face of our cities, make Journal Business’ list of North East success stories.

2018 has been a great year for many North East businesses - but here are the 10 companies we have picked as having had the best 12 months. The High Street Group No company has done more to change the face of Newcastle in 2017 than the High Street Group, with work starting on what will be the city’s tallest building, Hadrian Tower. The company also announced plans to build on the Brett Oils site in Gateshead and on a plot close to Newcastle Arena, with activity being planned closer to its Newcastle base after a number of high profile projects around the country.

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