Latest News

Thursday, 16 March 2017 News

Derriaghy industrial park see continued rental growth after refurbishment

Derriaghy industrial park see continued rental growth after refurbishment

Murphy Chartered Surveyors, have been working as strategic asset managers for the owners of Derrighy Industrial Park over the last 12 months.

During this period of a continuous refurbishment program, we have seen 8 new occupiers to the estate, such as Clarke Millar foods, Dunmurry Upholstery and H and J Martin to name some, with...

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Thursday, 16 March 2017 News

Belfast a city moving forward with lots of business potenetial

Belfast a city moving forward with lots of business potenetial

When we meet new clients that are interested in expanding into Northern Ireland and Belfast, they ask us whats it like as a place to do business and what happening at the minute.

Belfast city council prepared a recent video to show case the region at Mipim 2017 which we think is a good starting point and will generate more...

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Wednesday, 15 March 2017 News

Warren James to open in Ballymena with Murphy's help

Warren James to open in Ballymena with Murphy's help

Murphy Chartered Surveyors and Property Consultants, one of N Ireland’s leading retail agents, have secured premises for our retained client’s, Warren James, in Ballymena

The 1000 sqft unit in the Tower centre, will be the 6th store, that we have secured for them in N Ireland.

After reviewing the town’s...

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Monday, 20 February 2017 News

How often do your review your lease commitments

How often do your review your lease commitments

A lease is a binding contract in law and signing a lease on a property is one of the most significant financial commitments that a business can make.

We are always surprised when speaking to clients how little they know about their lease commitments and attention given to them.

Generally client's only remember the financial...

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Saturday, 18 February 2017 News

Newbridge Silverware opens in Belfast's Arthur street

Newbridge Silverware opens in Belfast's Arthur street

Murphy's first meeting with www.newbridgesilverware.com was in the summer of 2015.

At that time, they wanted to open a dedicated boutique store in Belfast, the first in the UK.

Murphy were appointed to review the market and present opportunities for consideration.

At that time the client felt the right building just...

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Friday, 17 February 2017 News

Could the brexit border promote development

Could the brexit border promote development

In recent days, it has been reported in the Irish press, that CUSTOMS checkpoint locations are already being reviewed along the north-south border by the Republic's government under contingency plans in the wake of Brexit.

During the Troubles, there were only 20 places to cross between Northern Ireland and the Republic of Ireland.

...

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Friday, 17 February 2017 News

Does a conflict of interest exist in the N Ireland property market

Does a conflict of interest exist in the N Ireland property market

As a company that is regulated by the RICS, we are always shocked when a fellow company in the property sector, doesn't realise or are willing to acknowledge, when a conflict of interest arises in negotiations.

The RICS states the following:

A conflict of interest is anything that impedes or might be perceived to impede...

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Thursday, 16 February 2017 News

Bangor's Bloomfield centre attracts new tenants

Bangor's Bloomfield centre attracts new tenants

We paid a visit to Bangor's Bloomfield centre today, to be shown around by the new owners asset managers, to talk through their up and coming plans for the scheme.

We took along a client who had an interest in opening in Bangor.

It was positive to see that after a year of ownership their is a BIG new 30,000 sqft Next trading...

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Wednesday, 15 February 2017 News

Tiger to Flying Tiger

Tiger to Flying Tiger

Murphy acquired Tigers first store in N Ireland in Oct 2015.

The company has traded successfully in Belfast Castle Lane, taking its time to understand the Northern Irish Shopper and our spending patterns before implementing expansion plans in the region.

During 2017 the company will be re-branding the Belfast store as part of...

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Monday, 13 February 2017 News

Former Ulsterbank building on Main street Newcastle now being redeveloped

Former Ulsterbank building on Main street Newcastle now being redeveloped

We happened to be passing through Newcastle heading into the mournes for a walk this week.

It was great to see a former Ulster bank in a prime site has been bought, demolished and a new development under way, all within 12 months of the bank closing.

The development by Alterity from Belfast, is a change from the norm for them,...

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Monday, 13 February 2017 News

Is cookstown the next big thing in NI property development

Is cookstown the next big thing in NI property development

With all the press about the up and coming developments that are happening in Belfast in the next three year, we at Murphy have been looking for opportunities in market towns for client's.

One town we have been search for high street development opportunities has been Cookstown.

At present we are aware of 9 potential occupiers...

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Thursday, 09 February 2017 News

Retail operational costs still impacting on business in Northern Ireland

Retail operational costs still impacting on business in Northern Ireland

As we enter the second month of 2017 we are starting to see evidence of how increased operating costs are affecting some businesses in Northern Ireland.

Cardland who had some 20 stores in NI at one point, is going through a management buyout for a possible 10 stores this month.

In recent press report the proposed new...

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Thursday, 09 February 2017 News

Downpatrick see's renewed occupational demand

Downpatrick see's renewed occupational demand

Its has been about 6 month's since Murphy had to visit Downpatrick.

We were pleased to see that there has been some new additions to Market street.

Danska Bank, unlike in other small town location's, has not closed, it has relocated and up-sized into a modern business centre in the Market House.

In addition, Edinburgh...

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Friday, 03 February 2017 News

Northern Ireland development activity spreading into smaller towns

Northern Ireland development activity spreading into smaller towns

As a company, that makes it our business to notice what's happening in our Northern Ireland towns, its refreshing to know that new development is happening not just in Belfast, however in smaller towns such as Hillsborough.

Over the last 24 months their has been lots of activity for a town of 3500 people.

We have seen the...

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Wednesday, 01 February 2017 News

Card land rationalize estate in NI

Card land rationalize estate in NI

Card land one of the UK's largest independent card and gift retailers has rationalized its estate in Northern Ireland.

During the month of January 2017, Murphy have seen them close stores in Dungannon and Belfast, Kennedy Centre, while out reviewing opportunities for clients.

This follows on from other stores they have closed...

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