Market Leads & Opportunities
Newcastle hotel refurbishment scheme secures cash
Funding has been secured for the refurbishment of a grade-II listed building on Newcastle’s Quayside.Eldon Chambers was constructed in 1833 and has been used as office space for the past century. Chartered surveyor and property agent Bradley Hall revealed the renovation of the four-storey Eldon Chambers will be part funded by the landlord.The building was most recently occupied by law firm Blackett Hart and Pratt and planning permission has been secured to convert it into a new boutique hotel, with a bar and restaurant.Bradley Hall is marketing the accommodation for lease, for either leisure or office use with a guide price of £195,000 per annum.Plans were drawn up by Newcastle interior design firm Collective Design.
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