Success in this area can have a major impact on the performance of your business and the value and returns from your property assets. We understand this and provide strategic acquisition advice including site searching and acquisition through to project management, fitting out and hand-over of completed projects.
Acquisitions
We establish your requirement. This may involve reviewing your business plan; projected staff numbers; working practices; occupational densities; office specification; location; cost/budget. Tax and accountancy issues will also be considered and strategic acquisition advice. We can advise you on the requirements of both freehold and leasehold property relative to a client’s particular needs and circumstances.
We carry out a thorough property search including site inspection and using our market knowledge, contacts and supported by technical research.
We negotiate and obtain the most beneficial terms for your organisation. If leasehold, we will ensure that the correct weight is given to important issues such as lease length, repairing liability, rent review provisions and alienation (how you can get out of the lease - can you break it, sublet or assign?).
We will continue to be involved and liaise closely with your solicitors as the lease is documented, and ensure that this process does not become more elongated than necessary.
Disposals
We also efficiently dispose of property assets to maximise income or capital returns. The team has an established track record of achievement in the quick and efficient disposal of leasehold liabilities such as:
The sale of freehold or leasehold commercial property for owner occupation, investment or redevelopment. We can assess and implement strategies to maximise value where a property has an alternative value on development prospects. Such instances may include obtaining planning consent for a change of use or obtaining consent for a redevelopment.
The letting of all types of commercial property, including advice on favourable lease terms, tailored to individual requirements.
Subletting and assignment of vacant/surplus leased accommodation and advice on occupational leases.
Advice on tenant selection ensuring that prospective tenants are suitable.
