Tyneside business centre welcomes newest tenant and celebrates major milestone

Property development company Sovereign Adavo has welcomed another tenant to The Town Hall in Wallsend

Wallsend Town Hall
Wallsend Town Hall

Property developers behind a Tyneside business centre have welcomed their latest tenant, taking occupancy past the halfway mark less than six months after opening.

What was once used as a building for the administration of local government, the Town Hall in Wallsend has been renovated and converted into a business centre by Sovereign Adavo.

Independent service Cascade Cash Management Ltd has now moved into the building, where a total of 26 of the 50 available office spaces have now been filled.

Mark Black, managing director of Sovereign Adavo, said: “I’m pleased to welcome Cascade Cash Management Ltd to The Town Hall and I’m sure they’ll soon become a valued part of the community here at our business centre.”

While retaining all of its period charm, The Grade II-listed Town Hall has been brought into the 21st Century and transformed into a thriving business hub with 100MB fibre Broadband, access to virtual office and hot desking facilities, use of the Queen’s Boardroom and Grand Chamber for conferencing and events, as well as The Bureau service offering support with administration.

Martin Pearce, business development manager (North East and Scotland) at Cascade Management Ltd, said: “We could not ask for better facilities than those on offer at The Town Hall.

“We’re excited about our future and are confident that The Town Hall is the right place for us and offers the right facilities to support our continued growth.

“We’re very much looking forward being part of the thriving business community here.”

Mr Black added: “We’re dedicated to bringing business back to the North East, providing companies with the right support they need so they can grow within the region and in turn support our local economy.

“With The Town Hall at over 50% capacity in just over six months since launching, we’re excited to see which other companies come through our doors.

“It’s a pleasure seeing how the very first companies have developed since we opened and I’m excited to see how our services continue to support other businesses long into the future.”

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