chartered surveyors in newcastle

Property Investment & Management Agents based in Newcastle-upon-Tyne.

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about us what we do

Our core business areas are commercial property management, leasehold advisory work including rent reviews and lease renewals, property investment advice together with expert commercial and residential valuation.

Commercial Valuation

The ability to appraise a property's worth - whether on a capital or rental basis - is fundamental to almost every aspect of our work. We have several years experience in the North East property market having witnessed the slowdown in the early 1990's and observing massive changes through regeneration of key areas.

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Energy Performance Certificates (EPCs)

In April 2018 Minimum Energy Efficiency Standards (MEES) were introduced to UK legislation making it illegal for a landlord to let a property until it meets a minimum level of energy efficient; an E rating.

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Investment

Our investment department, led by Daniel Capobasso has a proven track record of analysing, acquiring and disposing of commercial property investments for institutional clients, property companies and private investors throughout the UK with particular emphasis on the North East of England.

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Sales and Lettings

To Johnson Tucker, an agency disposal instruction is regarded as far more than simply putting a board on a property and agreeing an advertising budget and campaign. We take a proactive approach to marketing, ensuring all along that the costs are in line with the result.

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Residential Valuation

Residential property touches everyone - whether as house owner, investor or tenant and for many is their single most valuable asset. Knowing how much a residential property is worth is not quite as simple as many would think - particularly in a volatile market.

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Rent Reviews & Lease Renewals

Johnson Tucker LLP are specialists in the negotiation of lease renewals and rent reviews for both landlords and tenants in all types of commercial property whether it be offices, industrial warehouse, retail or more specialised leisure or motor trade premises.

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Property Management

We offer a full and comprehensive property management service to our clients and currently manage a substantial property portfolio ranging from North Yorkshire to the Scottish Borders. Our services cover the following property types;

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Property Acquisitions

Whether an investor is considering an investment purchase, or a business occupier weighing up the pros and cons of freehold purchase, we are able to take an overview of geographical and industry trends to provide clients with the best available property opportunities and achieve the best deal for the client's business.

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Leasehold Enfranchisement

North East Leasehold is a specialist division of Johnson Tucker LLP set up to advise householders who hold a ground leasehold interest in their house or flat. Our role is to negotiate the price that you pay for the freehold interest or an extension of the lease.

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in the spotlight

Investment

Co-operative Group Food Limited, Beresford Road, Seaton Sluice, Northumberland, NE26 4DP

The property consists of a purpose built, modern, single storey convenience store with 12 shared car parking spaces to the front & side with side loading.

The store extends to 3,243 sq ft (301 sq metres) GIA and is laid out as a modern convenience store with storage to the rear.

The property is let to The Co-operative Group Food Limited for a term of 20 years from 17 April 2014 on full repairing and insuring terms, expiring 16 April 2034 at a rental of £45,500 per annum. The rent increase is based on RPI with a collar of 1% and a cap of 4%.

Offers in excess of £775,000 are invited for the freehold interest of the property. A sale at this level reflects a net initial yield of 6.27% allowing for purchasers costs of 5.40%

Sold
  • Location: Northumberland
  • Tenure: Freehold
  • Price: Offers in excess of £775,000
Investment Residential and Development

Albion House, St James Street, Newcastle upon Tyne, NE1 4NF

City Centre Student Residential Investment entirely let to Newcastle University until September 2019

Comprising 56 bedrooms, including 8 studio apartments

Located in the heart of Newcastle City Centre very close to both Newcastle and Northumbria Universities

Situated in a vibrant city centre location close to Eldon Square Shopping Centre, China Town and The Gate providing an  excellent mix of bars and restaurants

Rental income of £309,046.70 per annum with a projected income of £349,350 for academic year 2019/2020.

Freehold

  • Location: Newcastle-upon-Tyne
  • Tenure: Freehold
  • Price: Offers in excess of £4,000,000
Investment Retail

81 Clayton Street, Newcastle upon Tyne, NE1 5PW

The property is situated in the heart of Newcastle city centre, very close to Debenhams & Intu Eldon Square shopping centre, The Grainger Market and the newly constructed Maldron Hotel.

The property is located in a prominent position on Clayton Street, close to the junction with Newgate Street. Clayton Street is an improving location, in close proximity to the southern end of the redeveloped InTu Eldon Square, one of the largest city centre shopping destinations in the UK with an annual footfall of 35 million. 150 meters north of the property is The Gate Complex and other retail and leisure occupiers.

  • Location: Newcastle-upon-Tyne
  • Tenure: Freehold
  • Footage: 2,193 sq ft
  • Price: £250,000
Investment

Dental Practice Investment Portfolio – Entirely let to Whitecross Dental Care Limited

Four dental practices entirely let to Whitecross Dental Care Limited

Whitecross Dental Care Limited last reported £218,090,000 turnover and pre-tax profits of £1,400,000

Experian Credit Risk Score: “Very Low Risk”

Total combined rental income of £74,500 per annum

Seeking offers in excess of £975,000 reflecting a net initial yield of 7.24%

Under Offer
  • Location: Newcastle-upon-Tyne
  • Tenure: Freehold
  • Price: Offers in excess of £975,000 (7.24% NIY)
Investment

Savers & Salvation Army Investment – 22-24 Station Road, Ashington

Fully let to Salvation Army and Savers

Total rental income of £42,800 per annum

Seeking offers in excess of £425,000 reflecting NIY of 9.65%

  • Location: Newcastle-upon-Tyne
  • Tenure: Freehold
  • Price: £425,000
Investment Retail

222 Westgate Road Newcastle upon Tyne Tyne & Wear NE4 6AP

The property comprises a mid-terraced four storey building. The main walls are of solid brick construction and the roof is pitched with a slate roof covering which has been recently renewed. The property provides a ground floor retail area and on the upper floors is a spacious 6 bedroom flat with reception room, kitchen and 2 bathrooms.

Planning permission was granted for the conversion and the building was extensively refurbished in 2014 (Planning Permission Ref. 2014/0709/01/DET).

  • Location: Newcastle-upon-Tyne
  • Tenure: Freehold
  • Price: Offers in excess of £350,000

Good Morning Dan,

A few words of thanks for your professionalism and a job well done.

Sue and I would like to offer our sincere thanks for your efforts over the past 3 months with the sale of 24 Ridley Place, Newcastle. You have offered great support, paid attention to detail, plus doing a great job of liaising with all parties involved. Your efforts have been instrumental in the successful sale of this property.  The assurance that a brief text message can give that  ’ all is progressing well’  counts for a great deal.

Best wishes Sue & John Roberts

Sue & John Roberts

As a solicitor setting up a new practice I needed advice on finding premises. Andrew Tucker has guided me all the way though the process. In particular, knowledge and practical understanding of leases and the options has been vital in securing premises on terms suitable for my business. I now know that identifying the premises and agreeing the rent is only a small part of what is involved.

Sharon Langridge | Sharon Langridge Solicitor

I have worked with Andrew Tucker and Gary Robinson for over 7 years. They have managed properties for us and dealt with landlord and tenant matters on our behalf.  I have always been impressed by their hands on management style, accessibility, speed of response and knowedge of their patch.

Charles Wordie | Wordie Properties Ltd

Johnson Tucker was recommended to me by my roofing contractor when I unexpectedly found myself with empty retail properties on my hands. Gary Robinson helped me deal with all issues surrounding owning empty properties and made sure my insurer’s requirements were covered. Now that the properties are let I have instructed Gary to deal with the day to day management. It is not a big job but I know that when I am out of the country there is someone I can rely on to deal with any problems.

Fred Fagg | J T Clough & Son Ltd

We have been working with David Johnson for almost 20 years. With David’s help we have built up a substantial property portfolio including nursing homes, amusement arcades, public houses, a backpackers’ hostel and pure investments. In one week we secured two prime retail investments in central Newcastle costing over £8m.

“David has helped us add value to properties and encouraged us to enter areas of business where we previously had almost no experience. He has always found time to explain the complexities of a lease or title issues. Of course we work with other agents but I can honestly say that we have never purchased a commercial property without David’s blessing.”

Meenu & Bunty Malhotra | DAV Developments Ltd

Andrew Tucker is more than a surveyor – he has the ability to put himself in the mindset of the client and understand the objectives of the business and where property fits into the process. He also has a decent knowledge of property law, leases and property taxation including the intricacies of VAT.

David Arthur | Tait Walker

latest news

May 2019

Secure Co-op Investment Sold by Johnson ...
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April 2019

HSBC Bank in Morpeth acquired by Johnson...
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January 2019

Stoke Neighbourhood Shopping Parade Inve...
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JOHNSON TUCKER: RESIDENTIAL VALUATIONS Our residential experts have practised in the region for nearly three decades witnessing both good and bad years. For more information please call 0191 269 7890 or visit our website: buff.ly/2YxnIGm pic.twitter.com/D9WTpvQNrP

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our team

David Johnson MRICS

Partner
about david

David is a problem solving chartered surveyor. He can think out of the box and use his valuation and appraisal skills together with his property management experience and knowledge of the legal framework to get the best results for clients. This wide-ranging property sector knowledge has seen him acting as an expert witness in property disputes, third party and negligence proceedings and he also possesses  specialist knowledge of the further education sector providing valuation advice and assisting in the preparation of accommodation strategies.

David is a problem solving chartered surveyor. He can think out of the box and use his valuation and appraisal skills together with his property management experience and knowledge of the legal framework to get the best results for clients. This wide-ranging property sector knowledge has seen him acting as an expert witness in property disputes, third party and negligence proceedings and he also possesses  specialist knowledge of the further education sector providing valuation advice and assisting in the preparation of accommodation strategies.

Andrew Tucker MRICS

Partner
about andrew

Andrew brokers complex deals and sees property opportunities that most would miss.  With an eye for detail and a “never say die” attitude he finds a way around most problems in the acquisition or disposal process. He is also an experienced valuer and landlord and tenant surveyor.

Andrew brokers complex deals and sees property opportunities that most would miss.  With an eye for detail and a “never say die” attitude he finds a way around most problems in the acquisition or disposal process. He is also an experienced valuer and landlord and tenant surveyor.

Gary Robinson MRICS

Partner
about gary

Gary’s easy manner and fair approach have engendered many a good relationship with tenants over the years, while he seeks to look after the landlord’s interests, providing property owners and investors with a complete property management service.  He is an experienced landlord and tenant surveyor supervising almost all rent reviews and lease negotiations for his management clients. He is also a qualified risk assessor.

Gary’s easy manner and fair approach have engendered many a good relationship with tenants over the years, while he seeks to look after the landlord’s interests, providing property owners and investors with a complete property management service.  He is an experienced landlord and tenant surveyor supervising almost all rent reviews and lease negotiations for his management clients. He is also a qualified risk assessor.

Daniel Capobasso MRICS

Partner
about daniel

Daniel was recruited by Johnson Tucker LLP in June 2014 following 6 years with a muti-disciplined firm of chartered surveyors based in the north east. Daniel is a RICS Registered Valuer with a broad knowledge of property related matters within the disciplines of Valuation, Lease Consultancy, and Property Management as well as Investment Agency, and has acted on behalf of local, regional and national clients.

Daniel has successfully sourced and disposed of assets on behalf of a wide range of clients including Pension Funds, Property Companies and high net worth individuals. Recent examples include the purchase of a Multi let retail Investment comprising tenants such as Co-op, Vets4Pets, Costa and Greggs on behalf of a high net worth individual and the sale of a £4m Retail Warehouse Investment in Consett on behalf of a corporate client. Further details of recent acquisitions and disposals can be found on the ‘NEWS‘ section of the website.

Daniel moved to Newcastle upon Tyne in 2004 and studied Mathematics and Statistics at Newcastle University, before completing a Masters Degree in Real Estate Management at Northumbria University.

Daniel was recruited by Johnson Tucker LLP in June 2014 following 6 years with a muti-disciplined firm of chartered surveyors based in the north east. Daniel is a RICS Registered Valuer with a broad knowledge of property related matters within the disciplines of Valuation, Lease Consultancy, and Property Management as well as Investment Agency, and has acted on behalf of local, regional and national clients.

Daniel has successfully sourced and disposed of assets on behalf of a wide range of clients including Pension Funds, Property Companies and high net worth individuals. Recent examples include the purchase of a Multi let retail Investment comprising tenants such as Co-op, Vets4Pets, Costa and Greggs on behalf of a high net worth individual and the sale of a £4m Retail Warehouse Investment in Consett on behalf of a corporate client. Further details of recent acquisitions and disposals can be found on the ‘NEWS‘ section of the website.

Daniel moved to Newcastle upon Tyne in 2004 and studied Mathematics and Statistics at Newcastle University, before completing a Masters Degree in Real Estate Management at Northumbria University.

Malcolm Angus MRICS

Associate Partner
about malcolm

Malcolm is an experienced commercial valuer who since qualifying in 2003 has worked for some major national and international firms and joined Johnson Tucker LLP in June 2015. He is an RICS Registered Valuer and having practiced in the region for the majority of his career, he has thorough knowledge of the North East property market as well as the wider investment market. Malcolm carries out lease renewals and rent reviews for both landlords and tenants and also advises clients on leasehold enfranchisement cases.

Malcolm is an experienced commercial valuer who since qualifying in 2003 has worked for some major national and international firms and joined Johnson Tucker LLP in June 2015. He is an RICS Registered Valuer and having practiced in the region for the majority of his career, he has thorough knowledge of the North East property market as well as the wider investment market. Malcolm carries out lease renewals and rent reviews for both landlords and tenants and also advises clients on leasehold enfranchisement cases.

Janet Young MRICS

Associate Partner
about janet

Janet is well established property manager in the north east. Janet has worked for both national and regional Chartered Surveying firms and adds her wealth of experience to the Johnson Tucker Property Management team.

Within an expanding property management department, Janet’s experience is essential; managing shopping centres, multi let properties and residential blocks. As well as looking after the landlords interests Janet has developed a good working relationship with tenants, contractors and other property professionals.

Janet is well established property manager in the north east. Janet has worked for both national and regional Chartered Surveying firms and adds her wealth of experience to the Johnson Tucker Property Management team.

Within an expanding property management department, Janet’s experience is essential; managing shopping centres, multi let properties and residential blocks. As well as looking after the landlords interests Janet has developed a good working relationship with tenants, contractors and other property professionals.

Kristian Sorensen MRICS

Chartered Surveyor
about kristian

Kristian assists Gary Robinson, Daniel Capobasso and Malcolm Angus, across the disciplines of property management, agency and commercial valuation. Kristian brings with him specialist skills and experience in agency and valuation having previously worked for a regional surveying firm in Newcastle City Centre. Kristian recently qualified as a Chartered Surveyor having passed his Assessment of Professional Competence in April 2018.

Kristian assists Gary Robinson, Daniel Capobasso and Malcolm Angus, across the disciplines of property management, agency and commercial valuation. Kristian brings with him specialist skills and experience in agency and valuation having previously worked for a regional surveying firm in Newcastle City Centre. Kristian recently qualified as a Chartered Surveyor having passed his Assessment of Professional Competence in April 2018.

Matthew Ternent

Graduate Surveyor
about matthew

Matthew graduated from Northumbria University with a 1st Class Degree in Estates Management, impressively being awarded ‘Student of the Year’ in the process. He works alongside David Johnson, Andrew Tucker and Malcolm Angus in the valuation department providing advice and expert reports on commercial and residential valuation matters.

Matthew graduated from Northumbria University with a 1st Class Degree in Estates Management, impressively being awarded ‘Student of the Year’ in the process. He works alongside David Johnson, Andrew Tucker and Malcolm Angus in the valuation department providing advice and expert reports on commercial and residential valuation matters.

Lisa Nellist

Office & Accounts Manager
about lisa

Lisa has worked with David, Andrew and Gary for over 10 years and has in excess of 15 years in the property industry. She began her career working in the construction industry for a well established quantity surveyor in the North East.

Lisa has worked with David, Andrew and Gary for over 10 years and has in excess of 15 years in the property industry. She began her career working in the construction industry for a well established quantity surveyor in the North East.

Amanda Reid

Office Secretary / Administrator
about amanda

Amanda is very experienced secretary and office administrator having worked for 18 years as PA to the Senior Partner of a major firm of Chartered Accountants before a further 13 years as secretary to the management team at a national Fire & Security Firm. Amanda now works as secretary at Johnson Tucker, where she is a valued member of a growing team.

Amanda is very experienced secretary and office administrator having worked for 18 years as PA to the Senior Partner of a major firm of Chartered Accountants before a further 13 years as secretary to the management team at a national Fire & Security Firm. Amanda now works as secretary at Johnson Tucker, where she is a valued member of a growing team.

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