Case Study - 15 London Street, Chertsey
Having sold this small town centre site in Chertsey to Chase Midland Plc, it was recognised that Damian had a long and in-depth knowledge of the SW M25 office market, developed since 1991. As such we were retained to:
- Advise on the Design and Specification of the premises, involving regular meetings with architects, mechanical and electrical engineers and monthly site meetings with the contractor throughout the build programme.
- Upon Completion, implement a marketing campaign, negotiate and successfully lease the premises
- Advise on and transact a successful investment sale
Case Study - Ashford Business Centre, Heathrow
Constructed by the MoD as a tank factory, and then used by a uniform manufacturer, the site has been adapted to provide 19 multi-let units totalling some 73,000 sq. ft.
Damian first became involved in 1998, when the estate had a large vacancy, and put in place a flexible letting strategy that brought in new tenants. By adopting a dedicated, hands on approach with the tenants since the beginning, Damian has ensured optimum occupancy levels and superb rental growth.
Continuing this approach has enabled both the landlord and tenants to respond to market conditions, both boom and bust, responding to the occupiers needs for expansion and contraction. As well as ensuring a well performing asset, it has also enabled tenants on the estate to grow from a 400 sq. ft. unit to up to 20,000 sq. ft.
Our involvement went well beyond just letting space, but advising on works required and a constant liaison with tenants to create a beneficial landlord/tenant relationship. The skills we provided included:
- Strategic advice and Implementing flexible lease and licence options
- Tenant liaison with at least monthly visits to site
- Re-gearing tenancy agreements to facilitate expansion and contraction
- Recommending and overseeing works to the estate and units when they became vacant