NEWCASTLE, NORTH EAST ENGLAND€¦ · · 2018-03-28can benefit from a superb financial structure, ... welcoming space that’s perfect for catching up with friends or colleagues

NEWCAST LE , NORTH EAST ENGLAND

Hadrian’s Tower is set to become the most sought after residential address in Newcastle.

P R ESENT ING HADR IAN ’S TOWER

The prestigious development provides 26 storeys of prime, luxurious living in the heart of Newcastle. Hadrian’s Tower is bringing an iconic new landmark to the city, courtesy of local financial and property experts, The High Street Group.

The world-class accommodation will encompass 162 one and two-bedroom apartments, a café, launderette, touchdown meeting spaces and exclusive Sky Lounge. The service offering is just as premium as the accommodation, with an on-site concierge, cleaning services, maintenance, resident support, Wi-Fi and high-speed broadband.

Hadrian’s Tower offers a capital-city lifestyle in an outstanding Newcastle location, making it one of the most exciting UK investment prospects for 2018.

In keeping with the development’s exclusive offering, the investment details offer an exceptional opportunity, with 5% interest on all exchange money throughout the 18-month build phase. Hadrian’s Tower provides an assured 7% NET yield for five years, with completion scheduled for Q4 2019/Q1 2020. This unique offering means that investors can benefit from a superb financial structure, as well as an outstanding development.

HADR IAN ’S TOWER , NEWCAST L E

The ultimate accommodation for urban tenants, the development offers luxurious homes backed up by comprehensive facilities. Such an offering would be at home in any capital city around the world, with developers The High Street Group seeking to make their mark on their home town.

Superb apartments are complemented by outstanding shared facilities and social spaces at Hadrian’s Tower. The Sky

Lounge offers an exclusive, laid back venue for rest, relaxation and entertaining, with the backdrop of the city skyline

providing a stunning view. Meanwhile, the touchdown meeting spaces embrace the modern style of living and working

and the café provides a warm, welcoming space that’s perfect for catching up with friends or colleagues.

HADR IAN ’S TOWER HAS BEEN DES IGNED WITH RES IDENTS ’ EVERY CONVEN IENCE IN M IND .


ON LOCAT ION

Hadrian’s Tower enjoys a premium city centre location, meaning that residents have access to the business and leisure facilities of this thriving city. Chinatown, St James’ Park and the O2 Academy are just a short walk away, while The Gate, Intu Eldon Square and the Theatre Royal are all easily reachable.

Central Station is just 5 minutes’ walk from Hadrian’s Tower, ensuring that residents can benefit from superb connectivity via a primary rail connection.

Views from the Sky Lounge and upper floors also encompass a number of famous local landmarks including Grey’s Monument, Tyne Bridge and Millennium Bridge. With such a superb location and quality build, Hadrian’s Tower is raising the game for residential accommodation in Newcastle.


World-class apartments, facilities and service

Superb city centre location, perfect for business and leisure purposes

Stunning Sky Lounge offering city skyline views

Twin-aspect views in most apartments

Café and touchdown meeting points provide a versatile environment

Whole-house ventilation and sprinkler system protection in all apartments

Superior support for residents including concierge, maintenance and cleaning services

All apartments are wheelchair accessible

P ROPERTY H IGHL IGHTS


NEWCAST L E INVESTMENT CASE Newcastle upon Tyne enjoys one of the fastest economic growth rates of any city in the UK. In the five years to 2015, Newcastle’s total GVA grew by 18.5% - the third fastest rate in the UK. GVA per head grew by 15.6% – the second fastest rate in the UK.

£18.22billion

131,600£44,536.77

£25million

38.99%70.1%

GVA 2015

Newcastle’s level of employment stood at 131,600 as at February 2017 – the highest rate since current records began in 2004.

GVA per worker (2015)

The Future Homes Fund is bringing £25m worth of investment to the Newcastle and Gateshead housing markets between 2015 and 2018.

- Newcastle sits on the bank of the River Tyne, in Tyne & Wear.

- The city is the most populous in the North East and forms part of the 8th most populous urban area in the UK.

- Newcastle is committed to the environment and is on track to be a carbon neutral city by 2050.

- The city is the commercial and educational focus of North East England.

- Along with Gateshead, which sits opposite it across the River Tyne, Newcastle is the cultural capital of the North East.

- The North East Local Enterprise Partnership is bidding to be one of the national testbeds for 5G technology

- Newcastle’s population grew at a rate of 12% in the four years to 2016, to reach 298,250.

- Newcastle and Gateshead attracts around 2 million visitors per year, with 9 out of 10 hotel rooms full every weekend

- The Tyne and Wear Metro is the second largest rapid transport system in the UK

Newcastle enjoys a business start-up rate of 38.99 per 10,000 population.

Newcastle and Gateshead together make up the North East’s key employment area. They are the main driver of city-region growth.

Employment rate (2015)

GROSS VALUE ADDED (GVA) IS A MEASURE OF THE VALUE OF GOODS AND SERVICES PRODUCED IN AN AREA, INDUSTRY OR SECTOR.

FAST FACTS

NEWCAST L E INVESTMENT CASE

£205million

£1.25billion

£92million

No.1

14,000

£2million

114%512,000Sqm

The North East region is benefitting from around £205m of European Regional Development Funds between 2014 and 2020.

£2 million is being invested in improving wireless access in Newcastle, along with providing free WiFi networks in public and community buildings.

Newcastle and Gateshead’s tech sector is worth £1.25bn and have a projected growth rate of 28% over the three years to mid-2019.

Newcastle University is the top location for computer sciences in the country, supporting the next generation of tech entrepreneurs to flourish in the city.

In Newcastle, some 14,000 jobs are expected to be created by 2030.

Newcastle City Council’s Office Needs Study found that at least 512,000 square metres of office space would be needed by 2030

Along with Gateshead, which sits opposite it across the River Tyne, Newcastle is the cultural capital of the North East.

The city has an Accelerated Development Zone, with three key strategic sites attracting £92 million worth of investment.

UK city centres have experienced an increase in demand for housing since the millennium.

Student numbers at the former have risen by over 70% since 2000 and by more than 114% at the latter.

Newcastle is one of the only six Centres for Offshore Renewable Engineering in England

A city willing to intervene to support the economy, with an ambitious investment plan, and active measures to support jobs and skills. A city large enough to sustain the facilities and services required by a modern economy and society; and yet small enough to be accessible and welcoming.”

Councillor Nick Forbes, Leader of Newcastle City Council

£206,258 <30,000

6.92% £959pcm

24.78%

+25%

-1.0%

Top 10Newcastle had an average current property value of £206,258, according to Zoopla’s December 2017 figures

Estimates suggest that Newcastle and Gateshead will need more than 30,000 additional homes in order to house their growing population of 500,000 people by 2030.

Rental yields in Newcastle range from 4.89% to 6.92% depending on the properties’ size and location.

Newcastle has a current average asking rent of £959pcm, according to December 2017 data from Zoopla

Property values in the city have risen by 24.78% over the past five years.

Chartered Surveyors has predicted that rents will increase by just over 25% in the coming years

Newcastle, like many UK cities, has lower house prices currently than in 2007 – prices were 1% below 2017 values at the time of writing.

A 2017 study flagged Newcastle as one of the top ten UK locations for rental yields.

N EWCAST L E SALES & RENTAL MARKET

SALES MARKET RENTAL MARKET

CURRENT ASKING RENTS IN NEWCASTLE

Estimates suggest that Newcastle and Gateshead will need more than 30,000 additional homes in order to house their growing population of 500,000 people by 2030.

1 Bedroom 2 Bedroom 3 Bedroom 4 bedroom 5 bedroom

£1600

£1400

£1200

£1000

£800

£600

£400

£200

£0

£ Pr

ice

per

cale

ndar

mon

th

£381

£659£771

£1053

£1280

£538

HouseApartment

£689

£893

£1183

£1598

LUXURY READY- TO - RENT FURN I TURE PACKS AVA I LAB LE


Hadrian’s Tower is leading the way in bringing a new style of urban living to Newcastle.

Newcastle-based developer, The High Street Group, is looking to Hadrian’s Tower to be its flagship local project, showcasing the very best in contemporary residential accommodation.

The innovative development will provide 165 apartments (54 one-bedroom homes - 106 two-beds and 3 three-beds) in an iconic, 26-storey tower that will add an impressive new element to the dramatic Newcastle skyline.

WORLD-CLASS, CAPITAL QUALITY RESIDENCES LAND IN NEWCASTLE


Hadrian’s Tower is leading the way in bringing a new style of urban living to Newcastle.

Newcastle-based developer, The High Street Group, is looking to Hadrian’s Tower to be its flagship local project, showcasing the very best in contemporary residential accommodation.

The innovative development will provide 165 apartments (54 one-bedroom homes - 106 two-beds and 3 three-beds) in an iconic, 26-storey tower that will add an impressive new element to the dramatic Newcastle skyline.

WORLD-CLASS, CAPITAL QUALITY RESIDENCES LAND IN NEWCASTLE


The focus on quality during the conception and design of Hadrian’s Tower has never faltered.

The development will offer world-class living of a standard not previously seen in the North East of England. Individual homes will be spacious, bright and airy, with twin-aspect views for almost all apartments.

At the same time, equality is built into the design, with dual lifts and every single apartment being wheelchair accessible. Kitchens, bathrooms and bedrooms are all of a superior standard.

Contemporary considerations have been incorporated throughout Hadrian’s Tower. All of the two-bedroom apartments, for example, include two double bedrooms in order to permit effective subletting. Meanwhile, the superior service offering has been designed to appeal to modern renters looking to get the very best from their accommodation.

A NEW VIS ION FOR NEWCASTLE


River Tyne

NEWCAST LE

Newcastle Central Station

Newcastle Castle

Tyne Theatre & Opera House 02 Academy

Newcastle

Discovery Museum

Metro Radio Arena

Centre for Life

Manors

Gateshead Millenium Bridge

BALTIC Centre for Contemporary Art

Tyne Bridge

The Sage

QuaysideNewcastle City Marina

Mossley Street Nightlife/Bars/Restaurants

1 MILE RADIUS

Newcastle University

Newcastle University Medical SchoolNewcastle University

Sports Centre

Royal Victoria Hospital

Newcastle International

Airport

Great North Museum

Newcastle University Library

Leazes Park

Theatre Royal

St James Park Football Ground Eldon Square

Shopping Centre

Chinatown

The Gate

Grainger Market

Laing Art Gallery

Northumbria University

Church of England Primary School

CONNECT IV I TYDESTINATION DISTANCE TIME

Tyne Theatre & Opera House 100 Metres 1 Minute

Newcastle Central Station 0.3 Miles 5 Minutes

Centre For Life 0.3 Miles 5 Minutes

China Town 0.2 Miles 5 Minutes

Discovery Museum 0.2 Miles 5 Minutes

The Gate 0.3 Miles 5 Minutes

St James Park Football Ground 0.4 Miles 6 Minutes

Leazes Park 0.4 Miles 6 Minutes

Eldon Square Shopping Centre 0.5 Miles 8 Minutes

Grainger Market 0.5 Miles 8 Minutes

Royal Victoria Hospital 0.8 Miles 15 Minutes

Quayside 0.7 Miles 15 Minutes

Newcastle University 0.8 Miles 15 Minutes

Metro Radio Arena 0.7 Miles 15 Minutes

Northumbria University 0.9 Miles 17 Minutes

The Sage 1.0 Miles 20 Minutes

The Baltic 1.1 Miles 22 Minutes

Newcastle International Airport 20 Minute Drive



P R EM IUM LOCAT ION

The market-leading nature of the Hadrian’s Tower development demands a superb location – and that is precisely what it has. The highly accessible site is located close to Newcastle’s Regeneration Zone.

Regeneration work in Newcastle is adding to the city’s already-impressive residential, commercial and cultural offering.

Two of the key regeneration projects are St James’ Boulevard and the Science Central Business School Zone.

St James’ Boulevard has seen extensive regeneration work, which began in the 1990s as part of an initiative to bolster

the city centre offering. Completed in 2010, the regeneration work encompassed commercial premises, leisure facilities,

residential accommodation, a hotel and a 12-storey car park. The project expanded the city centre at the same time to

adding to its amenities.


The Science Central regeneration project focused on the large-scale regeneration of a former industrial site, adding a hotel, student accommodation, academic facilities and retail and leisure areas to the city centre.

Regeneration work is now focused on a new high rise city district, which will complement the facilities already added

in this thriving city. Hadrian’s Tower is located in this new district, providing investors with the chance to be part of

Newcastle’s most up and coming area.

Investors in Newcastle are coming from far afield. In 2016, an EY report showed an increase in foreign direct

investment (FDI) in North East England of 83% from 2014 to 2015, with some 44 FDI-funded projects contributing to

the area’s bright future.

BU I L D ING FOR TODAY & TOMORROW

A HOTBED OF CULTURE AND HER I TAGE

The nearby Theatre Royal, O2 Academy and The Sage Arts Centre provide excellent choice for lovers of the performing arts. Newcastle also offers a host of museums and galleries for those looking to enjoy their fill of culture in the city, including the outstanding Baltic Centre for Contemporary Art.

Newcastle is also home to an impressive array of historic buildings, with the 12th century Newcastle Castle standing out as one of the most stirring.

All of this is backed by a vast range of eateries, from tiny independent cafés to rooftop restaurants and Michelin starred venues. This extensive offering has played a large role in the expansion of Newcastle city centre’s population in recent years, as residents seek to be at the heart of the action, which is precisely where living at Hadrian’s Tower will allow them to be.


Hadrian’s Tower is perfectly positioned to allow residents to engage with all that this bustling city has to offer. The sizeable Intu Eldon Square shopping mall is within easy reach of the development, as is The Gate entertainment complex. The two destinations provide an extensive array of retail options and leisure pursuits, from bars and restaurants to Aspers casino.


Hadrian’s Tower has been designed as a future-proofed residential offering in a commanding city centre location. The building’s shared and communal spaces speak to the evolving demands of renters, who are increasingly keen to access on-site amenities that blend lifestyle elements into their accommodation.

The services provided at Hadrian’s Tower will also serve residents for years to come, from the 24/7 concierge to the

residents’ support and cleaning and maintenance services. The building itself has also been future-proofed, having been

built to meet the new Design Space Standards. These standards ensure that all residents have ample space to enjoy in

their accommodation, with internal spatial requirements dictated by the number of bed-spaces in each apartment.

Whole-house ventilation and sprinkler system protection have also been included at Hadrian’s Tower, to ensure that the

building benefits from the latest design technology. Wi-Fi and high speed broadband are also available throughout.

FUTURE - PROOF RES IDENCES

LOCAL V IS IONAR IES

The Newcastle born and bred team at The High Street Group are the visionaries behind Hadrian’s Tower. With the chance to raise a flagship development in their home city, the team have ensured that the apartments at Hadrian’s Tower are second to none. This is world-class living backed by superb amenities.

The High Street Group is a leading financial and property group that has built a reputation as one of the most

recognised and trusted brands in the North East. Spanning development, construction, hospitality and leisure, the

group operates across multiple sectors in order to deliver superior quality projects.

With over a decade of experience to call upon, The High Street Group has enjoyed rapid expansion. Its Newcastle

headquarters is now home to more than 100 staff, with the group’s companies providing services across the UK.

The High Street Group currently has developments under management in excess of £300,000,000. Hadrian’s

Tower is one of its most exciting opportunities, as the group seeks to place its stamp on its home city of Newcastle.


Company Name: High Street GRP Limited

Company Number: 07831810

Registered Address: 2nd Floor

Cuthbert House

All Saints Business Centre

Newcastle upon Tyne

Tyne and Wear

NE1 2ET

Director: Gary Forrest

Security Trustee: Castle Trust Group 932 Europort, Gibraltar

Auditors: Stokoe Rodger Chartered Accountants 15 Bankside, The Watermark Gateshead Tyne & Wear NE11 9SY

Lawyers: Mincoffs Solicitors LLP 5 Osborne Terrace Newcastle upon Tyne NE2 1SQ

DIRECTORS & ADVISORS


WORLD-CLASS, CAPITAL QUAL ITY RES IDENCES LAND IN NEWCASTLE

We make no representation or warranty of any kind with regard to the information contained in this brochure and none of the information shall be

treated as financial advice. The information is not an invitation to invest and you must rely entirely on your own investigations and due diligence before

making the decision to invest. Any opinions expressed in this document are not statement of facts.

Documents

NEWCASTLE, NORTH EAST ENGLAND€¦ · · 2018-03-28can benefit from a superb financial structure, ... welcoming space that’s perfect for catching up with friends or colleagues