Acquisitions

image
main image

Our agency team comprises veteran negotiators with experience of agreeing deals with a range of Landlords, from private individuals to large real estate funds.  We have considerable experience of all areas of commercial property agency, including the acquisition and disposal of leases, owner occupier freeholds and investment and development opportunities. We utilise this knowledge and experience when representing our occupier clients.

We have acquired property across Greater London, but have excellent knowledge of the City and City fringe market in particular. We provide clients with clear advice on market rental levels and appropriate market incentives. We are employed to agree favourable rents and tenant incentives for our clients, based on sound arguments which Landlords and their agents will find hard to disagree with.

Our agents are qualified Chartered Surveyors, or training to become Chartered Surveyors, and are governed by the Royal Institute of Chartered Surveyors (RICS), the pre-eminent property organisation worldwide. We will provide professional advice on alienation rights (such as assignment and subletting), rent reviews, service charges, dilapidations and building surveying matters. The Commercial Agency and Lease Consultancy teams work closely together to ensure the terms of complicated deals are structured as favourably as possible on behalf of our clients.

 

The key benefits of instructing our agency surveyors to act for you including the following:


Saving you time
We will be responsible for seeking out and identifying all relevant premises within the constraints of your requirements. Short lists recommending the most suitable accommodation will be produced for your review. We will arrange inspections for the properties that are suitable until the most appropriate property has been identified.


Analysis of your existing commercial lease obligations
It is of utmost importance to review the terms of your lease when you are considering moving premises, whether at the end of a lease term or when you are faced with an impending option to break the lease. We have a team of Chartered Surveyors specialising in lease advisory who will examine your lease and provide appropriate advice at the time of an impending lease event. This will include cost analysis of your existing outgoings against the cost of moving to new premises.


Dilapidations and reinstatement advice 
Once a decision has been made to seek new premises a tenant might be faced with significant dilapidations or reinstatement liabilities. Dilapidations are breaches of lease covenants relating to repair works the tenant should undertake during the term of the tenancy or at the expiry of their lease. Reinstatement of tenant alterations may also be required by the lease.


Our specialist lease consultants will provide clear advice on the liabilities to be expected and prepared for. Our consultants will then work with our Building Surveying team to survey the extent of the dilapidations, provide dilapidation estimates and negotiate the claim.


Project Management
Our central role will be as agents, acquiring the most suitable property possible at the most favourable terms. However, this will only be part of the service. We will act as project managers, liaising when required with all relevant parties, including building surveyors, fit out contractors, solicitors, the landlord and their agents to ensure that the transaction completes in a timely and efficient manner.

You may also be interested in: