Lease Consultancy

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Clarendon Road, Watford, WD17

Lease Renewal of 50,000 sq ft office building

 

Entered negotiations to extend the lease of this 50,000 sq ft South East Headquarters office building. Our client, CBRE Global Investors, are one of the worlds largest real estate investment management firms with $94.8 billion in assets under management. The current economic conditions means that there remains downward pressure on rents in the South East office market. It is therefore important to explore all possible asset management possibilities to increase or at least maintain value. Copping Joyce have a proven track record in achieving positive results in lease regear negotiations.

Lutea House, Brentwood, Essex CM13

Copping Joyce advised Aviva Investors in respect of this 20,000 sq ft office building. The head lease was due to expire within a few months having a significant detrimental effect on the capital value. We were instructed to open discussions with the occupational sub tenant regarding extending their current lease. We successfully negotiated a new 10 year lease with a tenant break clause in the fifth year without any reduction in rent. Thus improving the capital value and improving the saleability of the asset.

300 Upper Street, Angel, London N1

Rent Review on popular Upper Street N1

 

Instructed to advise the landlord of this high street retail unit in respect of rent review negotiations. Islington is a popular retail location and continues to see strong rental growth in the prime locations such as Upper Street, Islington High Street and the N1 Centre. There remains strong demand from both national multiples and local boutiques alike.

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Ballet Boyz Productions Ltd

Lease advisory for the new headquarters building

 

Retained to advise Ballet Boyz on the acquisition of their new dance studio. A suitable premises had already been identified by the company and we were instructed to assist with the negotiation of lease terms through to completion of legal documentation. Ballet Boyz Productions Ltd is an award-winning Film & TV production company specialising in Arts Documentaries, Multi-Camera productions, Video Installations and Factual Programming.

New Loom House, Aldgate, London E1

Copping Joyce were instructed by the tenant of 2 suites within this converted warehouse building to advise them in respect of the outstanding rent review. After discussions with the landlord we were able to agree that the rent would not be increased, creating certainty and significant savings for our client.
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Urban Upholstery - Lease Advisory

Advised Urban Upholstery on the acquisition of their retail premises. A suitable premises had already been identified by the company and we assisted with the negotiation of lease terms through to completion of legal documentation.

Wellington Park, Southampton

Copping Joyce advised the landlord in respect this multi let industrial estate. As part of the rent review negotiations we were able to negotiate a lease extension thus providing our client with a significant uplift in capital value. It is always important to consider other “angles” when negotiating with tenants as it is often possible to improve the asset in other ways than by simply increasing the rent.