Historic Newcastle city centre building fully let after revamp

The Grade II listed property at 8 Nelson Street, formerly Café Royale, has been transformed into a ‘high-specification space’.

The final tenant to sign up is pharmaceutical and biotech recruiter, Lead Candidate, which has taken 1,732 sq ft on the second floor.

The letting agent, Knight Frank, brokered the deal.

Other tenants include Mowgli Street Food restaurant, which occupies the basement, ground, and first floors, and international engineering firm, Global Maritime, which has taken 3,000 sq ft on the third and fourth floors.

The building is owned by MCM Group, which has ‘reimagined the space to suit the needs of each tenant’.

Nathan Douglas, senior surveyor at Knight Frank, said: “MCM Group came to Knight Frank with a strong vision and we have worked with them from the initial purchase – shaping the concept and letting strategy, right through to securing them a diverse, secure spread of income and bringing a market-leading restaurant brand to the city.

“It is testament to the immense character of the building, the strong destination in the heart of the city and the standard of the refurbishment, that we have been able to fully let the building on a good timeline.”

Andrew Mears, CEO at Lead Candidate, said: “This move is a huge step forward for us and reflects where we are as a business right now.

“Lead Candidate’s new home is the perfect environment for the team to thrive and continue delivering amazing work for our current and future clients.”

Jas Gill, managing director at MCM Group – Property & Investments, said: “It’s great to welcome a Newcastle-founded business into the building as they expand their team.

“We look forward to supporting their continued success.”

MCM Group is a privately-owned property investment and development company based in the North East.