North East property agency Bradley Hall is on the move in Newcastle city centre after snapping up office space on Grey Street.
The commercial and residential estate agency has acquired 10,000 sq ft of office space at 33-39 Grey Street, Newcastle, as part of its ongoing expansion.
Vaulkhard Group, operators of Barluga, which has occupied the building for 21 years, has purchased the ground floor, while Bradley Hall has acquired the remaining four floors of the Grade II star listed building.
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The Grey Street base will serve as Bradley Hall’s headquarters, overseeing the company’s operations in its network of offices across the North East, Yorkshire, North West, and West Midlands.
The move follows several key milestones for the firm, including the opening of a new office in Birmingham, the appointment of its first chief operating officer and reaching the milestone of valuing over £1bn worth of property across its commercial and residential departments from March 2023 to March 2024.
Chief executive Neil Hart said: “Our team is growing, and we are committed to attracting and retaining the best talent in the industry. It was crucial for us to provide a spacious, high-quality environment for our staff. 33-39 Grey Street will offer an excellent space for our team to thrive, collaborate, and support our business growth as well as event space, expansive breakout areas and games room to enjoy, while also providing an impressive venue to host clients.
“We listened to the feedback from our team, and they were all passionate about staying in Newcastle city centre. Despite the challenges facing the city centre around transport and its development, particularly for professional service firms, we decided to purchase the building as part of our long-term growth strategy.”
Bradley Hall was launched in 1988 and has seen significant growth since 2015.
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The company has expanded from three small branches to offices across Newcastle, Sunderland and Durham city centres, Tees Valley, Leeds, the North West, and Birmingham.
Mr Hart said: “Since launching our first office in Newcastle city centre in 2011, we have expanded all our offices, while also launching in brand new locations which has created new equity directors across the country. We’ve expanded our team and attracted exceptional new talent across various roles throughout the business – each of whom make the company what it is today.
“Looking ahead, we plan to continue supporting the career journeys of property professionals through our talent development programme, which will help many more individuals build successful careers within the property industry. We’ve got many more exciting projects and announcements in the pipeline and we are looking forward to delivering our further expansion plans.”