Henry Adams Commercial Property Services

Commercial property services LAND + BUSINESS SPACE + CONSULTANCY

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

Our core services are used by PLCs, limited companies, LLPs, SMEs and private individuals.

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

• Identify and agree client objectives and the brief of property requirements.

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

• Transaction management to legal completion.

Development 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.

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

Delivering your commercial property objectives

Sales and lettings 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 to legal completion.

Specialist services For parties that need specialist services sourced from our professional network.

• Business rates – property assessment reviews and rates mitigation assignments.

• 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.

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

Henry Adams Commercial

Case studies: Occupier services Client

Financial services and technology.

Brief

Lease acquisition – 10,000 sq ft - office.

Scope

Site finding, options review and analysis.

Transaction management.

Agreed detailed terms.

Outcome Fixed leasing costs over lease duration.

Mitigated double occupancy costs during relocation. Flexible lease structure.

Bespoke business tenancy.

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.

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

Delivering your commercial property objectives

Client

Insurance broker.

Brief

Lease acquisition – 8,500 sq ft - offices.

Scope

Site finding, options review and analysis.

Transaction management.

Agreed detailed terms.

Outcome Temporary relocation to another property.

Office refurbished by existing landlord.

Staff retention and quality working environment. Affordable rental package.

Bespoke business tenancy.

“Given the impact of Covid on working practices, our property brief was fluid but Martin’s knowledge, experience and proactivity found the right office move for us and its completion was delivered professionally and effectively.”

Head of Compliance & Agency, Direct Life & Pension Services

Henry Adams Commercial

Case studies: Development land Client

Garden centre.

Brief

Freehold land disposal – 2 acres.

Scope

Off market disposal to identify best buyers.

Limit conditions / no abnormal costs.

Agreed detailed terms.

Outcome

Maximised land value.

Enhanced value of retained land.

Cash purchase but STP.

Client

Land promoter/developer/investor.

Brief

Freehold land acquisition: 8 -10 acres.

Scope

S ite finding and due diligence.

Market research.

Transaction management.

Outcome Ongoing instruction.

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

Delivering your commercial property objectives

Client

PLC Housebuilder.

Brief Freehold land disposal: 9.6 acres.

Scope Ready for sale and exit options advice.

Transaction management.

Agreed detailed terms.

Outcome Informal tender.

Cash buyer.

Unlocked marriage value.

30 year overage.

“We appointed Henry Adams to help us with the sale of 2 acres surplus land on our operational site to Aldi. We exchanged contracts at the end of 2024 on a STP basis. Henry Adams provided excellent advice, agreed detailed terms on our behalf and managed the sales process to allow us to secure best price.”

Landowner, Hampshire

Henry Adams Commercial

Case studies: Sales and lettings Client

Property developer.

Brief

S ales & lettings – 180,000 sq ft - industrial.

(B1/B2/B8)

Scope

Marketing advice and implementation.

Speculative development in 2 phases.

Transaction management.

Outcome

Cutting edge development for the region.

Encouraged more development.

Satisfied local demand.

Secured record sales / letting prices.

Client

Property investor.

Brief Exit strategy and disposal of 100 year old 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.

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

Delivering your commercial property objectives

Client

Property developer.

Brief

T o find and purchase a 30,000 sq ft office building that would allow for conversion to flats.

Scope

S ite finding, option review and due diligence.

Transaction management.

Outcome

I dentified 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.

“We appointed Henry Adams to negotiate the lease renewal of our 50,000 sq ft distribution facility in Tangmere. As part of that process Henry Adams agreed detailed terms with the landlord, engineered a sublease of all the surplus office space in the building and introduced a specialist dilapidations expert to allow us to identify and budget for the exposure over the duration of the new lease. It was a long a detailed process but an excellent result for the business.”

Finance Director, Carte Blanche Greeting Cards

Henry Adams Commercial

Case studies: Specialist services Client

Financial services and technology.

Brief

uilding condition survey – office – multi B occupied building.

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

Outcome

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

Client

Retail design, supply and distribution.

Brief

Dilapidations assessment of industrial facility.

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

Outcome

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

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

Delivering your commercial property objectives

Client

Insurance broker.

Brief

Space measurement exercise - office.

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

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

“Our brief to acquire a new Chichester office was very specific and given the limited supply Henry Adams still identified various options. We are working through the pros and cons of each option. Henry Adams have been very professional, thorough and guided us through the lease acquisition process to allow us to deliver our objective of providing modern open plan affordable workspace that is accessible to clients.”

Managing Partner, Moore (South) LLP

Our reward Professional fees aligned to the nature of the project.

• Retainer and / or time incurred with a budget.

• S peculative, value-add and transaction driven arrangements.

• Project by project, fixed and capped fees.

• KPI’s if required.

• Combination of the above and all based on a detailed scope of work.

Looking for help to deliver your commercial property objectives?

Contact Martin Trundle MRICS 07747 566417 / 01243 532222 martin.trundle@henryadams.co.uk henryadams.co.uk/commercial