Latest News

Monday, 22 May 2017 News

Card Factory to open in Boucher Shopping Park Belfast

Card Factory to open in Boucher Shopping Park Belfast

Murphy Chartered Surveyors and Property Consultants, one of N Ireland’s leading retail agents, have secured further premises for our retained client’s, Card Factory, in Greater Belfast

The 1900 sqft unit in the boucher shopping Park is the latest store that Murphy have secured for our client's in N...

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Friday, 12 May 2017 News

Warren James trading well in Tower Centre Ballymena

Warren James trading well in Tower Centre Ballymena

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, is the 6th store, that we have secured for them in N Ireland.

The scheme has recently been bought by...

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Friday, 12 May 2017 News

British Heart Foundation on Castle Lane to close

British Heart Foundation on Castle Lane to close

It is always a disappointment to Murphy when one of our client's close a business.

Our client the BHF are coming to the end of a lease on Castle Lane, in June and have made the hard decision to close the doors of this prime store.

Our client leased the unit in the height of one of our economic downturns, in a unit that...

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Thursday, 06 April 2017 News

Murphy retained to help Eurochange

Murphy retained to help Eurochange

Murphy Chartered Surveyors, have been retained by wwweurochange.co.uk to help with the expansion of there business into Northern Ireland.

Our latest client is a retail bureau de change specialist and has been trading for some 40 plus years across high street and shopping centre location's in the UK, with 143 branches nationwide to...

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Thursday, 23 March 2017 News

What affect will wage rises have on N Ireland property

What affect will wage rises have on N Ireland property

UK retail workers are due a pay rise next month, as the minimum wage increases take affect.

The higher wage costs come at a time when UK national retailers are also contending with a possible increase in property taxes (rates) and import costs that are rising as sterling falls.

At Murphy, we have been discussing the issue 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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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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