By way of a summary, this entails us carrying out a full audit of all available premises matching the clients brief. We then narrow the search down, (saving time) accompany the client on all inspections & advise on all aspects of the transaction / negotiation. This way the client has the comfort of knowing that no stone has been left unturned. The commercial lettings process can be split into several stages which we lead on your behalf, advising throughout.

• Corporate offices
• Studio/warehouse style
• Self-contained premises
• Services solutions
• Budget/efficient accommodation
• Showroom/retail

Leasehold Acquisitions Process

1. Brief:

Meet and discuss the following:

• Requirement
• Budget
• Location
• Provide market commentary
• Discuss client expectations
• Outline the process and likely timing from this point to Completion

2. Property Search:

Full audit of available & ‘off market’ properties:

• Initial report sent over containing a larger selection of appropriate properties
• Discuss the properties including likes / dislikes to compile a short list
• Based on the short list we will provide market commentary on specific properties

3. Viewings:

We will find a time, convenient to you, to arrange all inspections:

• Itinerary sent to client including properties that will be inspected
• Clients are accompanied on all viewings
• Once the inspections are completed, a meeting is arranged to discuss all options & next steps

4. Negotiation:

Once a specific property has been identified we will provide advice on all aspects including:

• Lease term & break options
• Market rental
• Rent-free periods & tenant incentives
• Capital contributions
• Expansion space
• Landlords services
• Alienation provisions
• Yielding up provisions
• Service charge responsibilities
• Fit-out
• Break options
• Landlord & Tenant Act
• Deposit / Guarantor requirements

Negotiating the Heads of Terms & professionally submitting an offer (which will be sent to the client prior for approval)
Securing the property on robust terms on behalf of the client and delivering into solicitors hands
Ensuring that the acquisition is managed professionally at all times including liaising with the clients solicitor on all legal aspects of the transaction.

Freehold Acquisition Process

Along with our Leasehold Acquisition Service our role in advising on a Freehold Acquisition is strongly mirrored. We have seen a growing trend in clients wishing to own their own premises, rather than leasing.

Clients we have acted for providing this service include:

• Property Companies
• Family Trusts
• Private Individuals
• Owner Occupiers

As well as sourcing properties for clients, we are able to offer advice on the following:

• Development opportunities
• Asset Management
• Residential Conversion
• Leasing surplus space
• Landlord / Tenant matters
• Service Charges

In a market where stock is limited, it’s a challenge for investors to identify suitable opportunities. We look to add our value by providing in-depth market knowledge and off market opportunities.