Henry Adams Commercial Property Services

Commercial property services

LAND + OFFICES + INDUSTRIAL

A boutique resource regulated by the RICS that helps its clients deliver their commercial property objectives by offering a range of services.

We work with PLCs, limited companies, LLPs, SMEs, and private individuals.

Site selection: business space

For businesses that use commercial premises and are relocating / expanding / consolidating.

• Identify client objectives and the brief of property requirements.

• Property search, option analysis, acquisitions / disposals of leaseholds / freeholds and lease renewals.

• Transaction management.

Value maximisation: land

For landowners / promoters seeking to maximise the value of land for commercial property development.

• Site finding and due diligence.

• Option, promotion, sales and overage agreements.

• Planning advice and planning applications.

henryadams.co.uk/commercial

Agency: business space and land

For parties seeking to sell or let industrial buildings, warehouses, office space and land.

• Ready For Sale / To Let strategies.

• Marketing advice and implementation.

• Transaction management.

Specialist services: business space and land

We source specialist services from our professional network.

• RICS Red Book valuations – capital / rental / probate / tax.

• Building surveying and compliance, dilapidations and schedules of conditions.

• Space measurement to allow for CAD / lease plans / land registry purposes / lease negotiations.

• Design and build interior fitting out projects - agree specification and procure best contractor.

Case studies: Site selection

Client Financial services and technology.

Brief Lease acquisition – 10,000 sq ft - office.

Scope Site finding, options review and analysis. Transaction management.

Outcome Fixed leasing costs over lease duration. Mitigated double occupancy costs during relocation. Flexible lease structure.

Case studies: Site selection

Client Retail design, supply and distribution.

Brief Lease renewal - 45,000 sq ft - warehouse.

Scope Fair, favourable and flexible lease terms. Cost mitigation on surplus space. Dilapidations strategy.

Outcome Fixed leasing costs over lease duration. Mitigated occupancy costs by subletting surplus space.

Flexible lease structure.

Client Insurance broker.

Brief Lease acquisition – 8,500 sq ft - offices.

Scope Site finding, options review and analysis. Transaction management.

Outcome Temporary relocation to another property. Office refurbished by existing landlord. Staff retention and quality working environment. Affordable rental package.

Commercial property services

01243 532222 henryadams.co.uk/commercial

Case studies: Value maximisation

Client Horticulture.

Brief Freehold disposal – 2 acres - land (surplus).

Scope Off market disposal. Identify best buyer.

Limit conditions / no abnormal costs.

Outcome Maximised land value.

Enhanced value of retained land. Cash purchase but STP.

Case studies: Value maximisation

Client Land promoter and developer/investor.

Brief Freehold acquisition, minimum of 8 acresland.

Scope Site finding and due diligence. Market research. Transaction management.

Outcome Ongoing instruction.

Client PLC Housebuilder.

Brief Freehold disposal of 9.6 acres of land.

Scope Ready for sale and exit options advice. Transaction management.

Outcome Informal tender. Cash buyer. Unlocked marriage value. 30 year overage.

Commercial property services

01243 532222 henryadams.co.uk/commercial

Case studies: Agency

Client Property developer.

Brief Sales & lettings – 180,000 sq ft - industrial.

(B1/B2/B8)

Scope Marketing advice.

Speculative development in 2 phases.

Outcome Cutting edge development for the region.

Encouraged more development.

Satisfied local demand.

Secured record sales / letting prices.

Commercial property services 01243 532222 henryadams.co.uk/commercial

Case studies: Agency

Client Property developer / investor.

Brief Exit strategy for disposal of 100 year old legacy mixed use commercial building with structural defects.

Scope Valuation for land transfer purposes. Financial analysis. Letting empty unit. Advice on sales strategy.

Outcome On going instruction.

Client Property developer.

Brief To find and purchase an office building that would allow for conversion to flats.

Scope Site finding, option review and due diligence. Transaction management.

Outcome Identified a vacant office facility - 28,000 sq ft. Ideal for conversion to flats. Approached freeholder. Agreed terms and completed the sale in a very short time frame.

Commercial property services

01243 532222 henryadams.co.uk/commercial

Case studies: Specialist services

Client Financial services and technology.

Brief Building condition survey – office – multi occupied building.

Scope To identify any defects and limit repair obligations over the duration of the lease.

Outcome Defects identified and made good by landlord before occupation. Schedule of condition to limit dilapidations. Licence to alter advice with favourable wording in the document.

532222 henryadams.co.uk/commercial

Case studies: Specialist services

Client Retail design, supply and distribution.

Brief Dilapidations assessment.

Scope To identify likely dilapidations and reinstatement obligations for the renewed lease and documents.

Outcome Allowed the finance team to budget and programme works with the landlord over the duration of the renewed lease.

Client Insurance broker.

Brief Space measurement exercise.

Scope To identify and agree the lettable and useable areas with the landlord.

Outcome CAD plans and associated areas in line with RICS guidance and IPMS. Direct impact on the rental negotiation.

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• KPI’s if required.

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