Latest News

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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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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Wednesday, 01 February 2017 News

Cheque Centre leave Northern Ireland

Cheque Centre leave Northern Ireland

At Murphy, we always have a heavy heart when a company you helped grow in your region closes and in this case leaves.

Cheque Centre, like many other alternative lenders, sprung up out of the recessions years in the last decade.

In Northern Ireland they entered the market in 2010 and by 2014 had some 28 outlets, all acquired...

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Wednesday, 07 December 2016 News

10 years in Belfast prime retail pitch

10 years in Belfast prime retail pitch

At this time of year, it is always use full to look back at the year for retail property to date.

This year we decided to look back a little further, 10 years in fact.

We had a quick look at some key street, to see what has changed, namely Donegall Belfast, Castle Lane, Cornmarket, Arthur Street and Ann street.

...

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Monday, 28 November 2016 News

Murphy secure premises for Newbridge Silverware

Murphy secure premises for Newbridge Silverware

Murphy Chartered Surveyors, one of Northern Ireland's leading retail and leisure advisers has secured premises in Belfast for one of Ireland's most renowned retail brands, Newbridge Silverware.

The new boutique will be located in 43 Arthur Street Belfast, adjacent to Avoca and Fred J Malcolms in a newly refurbish period building.

...

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Friday, 25 November 2016 News

Lynas food outlet opens in Newry

Lynas food outlet opens in Newry

Lynas Food Outlets have opened in the Plaza Retail Park on the Belfast Road in Newry.

This is the latest of the companies outlet stores to open in Northern Ireland in recent times.

The new store is 4000 sqft and will re-anchor the scheme, which also has tenants such as Dominos, Chopsticks and the famous Genoa.

Murphy...

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