Gosforth high street is a vibrant and buzzing hub that is just a stone’s throw away from Newcastle City Centre. The area hosts an eclectic mix of amenities including independent shops, national retailers, supermarkets, doctors’ surgeries, churches, and fantastic schools, as well as easy access to the city, coast, and surrounding countryside.
Gosforth offers its residents a wide range of prestigious eateries including Fortuna, The Days of the Raj and Gosforth Traders. The owners of the Patricia, based in Jesmond, have expanded their business aspirations to Gosforth with the aim to launch their second business in a former bike shop in the area. Other northern hospitality companies have also expanded to Gosforth in recent years. With Vaulkhard Leisure adding to its growing portfolio through the expansion of Bar Luga to Gosforth High Street, and the Malhotra Group undertaking a transformational plan of the Three Mile at Gosforth, it is clear that leisure and Gosforth go hand in hand. Gosforth also has a range of other leisure and business venues, including Newcastle Race Course, a spot that is perfect for leisure and hospitality but is also a fantastic location to host or attend corporate events.
In the former Thomas Cook on the corner where the High Street meets St. Nicholas Avenue is the flagship headquarters of Bradley Hall Estate Agents. The office, which was relocated from a smaller premises on the high street in early 2020 has enjoyed success in the post-pandemic residential market, with sales ranging from £135,000 apartments to £3,000,000 detached homes.
The majority of house sales in Gosforth during the last year were terraced properties selling for an average of £289,700, semi-detached properties sold for an average of £304,069, and detached properties fetched £407,911. Overall, sold prices in Gosforth over the last year were up by 5% on records from 2020, and had increased by 14% on the 2017 peak of £261,375 according to HM Land Registry.
Gosforth is incredibly well connected; it is two and a half miles from Newcastle City Centre and is five and a half miles from Newcastle International Airport. Being so accessible makes Gosforth a fantastic place of residence for commuters into the city, as well as those who may travel frequently for work. Public transport also thrives in this area, with Regent Centre Bus and Metro Station being a bustling point of connectivity from the coast, countryside, and city centre; it’s easy to see why so many live & work in Gosforth.
Gosforth also offers a range of education options, with leading first, secondary, and independent schools in the area, parents have a number of options when it comes to tutelage. Gosforth Academy has received outstanding Ofsted ratings in recent years; other independent schools such as Newcastle High School for Girls and Newcastle School for Boys have also obtained outstanding status through the Independent Schools Inspectorate (ISI) demonstrating the high quality of education on offer in and around Gosforth.
One of Gosforth’s business success stories is Parkdean Resorts, a company that was formed in 2015 following the merger of Parkdean Holidays and Park Resorts. The corporation now own and operate 67 holiday parks across England, Scotland, and Wales as the UK’s largest holiday park operator. Five of these holiday parks are based in the North East at Newbiggin-by-the-Sea, Druridge Bay, Ashington, Hartlepool, and Whitley Bay. The firm creates 6,500 seasonal jobs across the UK, with 400 in the North East’s parks and a further 750 at its headquarters in Gosforth; exhibiting the business centre that Gosforth has become.
As well as established businesses, Gosforth is also a perfect hub for start-ups and SME’s. Tech giant, Sage spent 15 years at their site in Gosforth Park until they moved their head office to larger premises at Cobalt Business Park. In 2020 Sage launched a £1.4m programme to help small businesses bounce back from Covid19. The small business growth programme aimed to provide 62,500 businesses with free training and software to help them recover from the impact of the pandemic. Not only does this highlight that Gosforth is a brilliant home for startup business’ but is also demonstrates how businesses can grow and develop while settling in Gosforth. Gosforth is brimming with business opportunities, while still being an attractive area to plant roots and settle down in.
