Go-Ahead goes ahead with office move

The national transport firm has taken the second floor of 55 Degrees North, relocating to Pilgrim Street from its current headquarters at 41-51 Grey Street.

Knight Frank handles lettings for the building on behalf of landlord Taras Properties, and arranged the 12-year term for Go-Ahead, with a break in year seven.

Equating to around 8,700 sq ft, the second floor has floor to ceiling windows with a view of the Tyne Bridge.

Nathan Douglas, senior surveyor at Knight Frank who brokered the deal, said: “Go-Ahead was keen to upgrade the standard of its offices but stay in a central location and 55 Degrees North ticked those boxes.

“The office is at the southern end of Pilgrim Street which is seeing transformational regeneration including a new public square, a destination food and beverage offering and a five star boutique hotel – which of course will provide top-class amenities on their doorstep.

“This letting is another example of the flight to quality we are increasingly seeing when leases come to an end.”