Public Sector Track Record
We have dealt with many appointments for local authorities across the UK, acting on behalf of councils such as Luton, Tandridge, Bury, Bournemouth, Christchurch and Poole.
Below are some recent examples of our achievements:
Identifying Value Opportunities
Portfolio Valuation
Valuation of a portfolio of 24 assets spread across south and mid England on behalf of Luton Borough Council
- Valuation range between £500,000 to £20M
- Assets included ground rent investment, car parks, petrol filling stations and traditional industrial, office and retail investments
Valuation
Valuation of three car parks and a tennis club on behalf of Tandridge Council
- Valuation range between c. £100,000 to £500,000
Valuation
Valuation of a c.£6m food store on behalf of Elmbridge Borough Council
- Property included a roof top car park
- Let to a national operator with RPI linked rent reviews.
Valuation
Valuation of a a purpose built retail warehouse, in Basingstoke on behalf of Wokingham Borough Council
- Undertook 5 valuations in total from 2019-2024
- Let in its entirety to Wickes Building Supplies Limited
- Valuation was in excess of £9,000,000.
Increasing Return On Investment
Auction Sale
Auction sale of freehold detached Grade II listed manor house on behalf of Bury Council
- Comprising dilapidated former manor house occupying grounds extending to approximately 2.83 hectares (6.99 Acres)
- Guide price: £700,000+
- Sold for: £1,575,000
Auction Sale
Portfolio Auction sale of 16 Industrial ground rents for Bournemouth, Christchurch and Poole Council
- £7m raised, with an average NIY of 3.4%
- Lot sizes ranging from £95,000 to £1,365,000
Auction Sale
Auction sale of Freehold former library on behalf of Gloucestershire County Council
- Arranged over Two Floors including a secure ground floor parking area
- Possible Potential for Redevelopment, subject to all necessary consents
- Sold After
Auction Sale
Auction sale of twelve garages and forecourt on behalf of Stroud District Council
- Site Area approximately 420 sq m (0.10 Acres)
- Guide price: £36,000+
- Sold for £110,000
Auction Sale
Auction sale of freehold mixed-use investment for Runnymede Council
- The property comprises a multi-let office building arranged over 3 floors
- Guide price: £600,000+
- Sold for £960,000 (4.14% NIY)
Auction Sale
Auction sale of freehold shop and residential investment for Runnymede Council
- Comprises a ground floor shop and first floor flat, let on a lease expiring 2029
- Guide price: £160,000
- Sold for £195,000 (9.0% NIY)
Building Portfolio Strength
Private Treaty Acquisition
Private treaty acquisition of retail warehouse investment in Basingstoke on behalf of Wokingham Council
- Retail warehouse investment occupied by Wickes
- The property comprises a modern purpose-built retail warehouse
Private Treaty Acquisition
Private treaty acquisition of mixed use portfolio on behalf of Newham Council
- Property portfolio included mixed use assets in and around the Newham borough
- The acquisition was in the region of £5m
Maximising Rental Income
Headlease Rent Reviews
A portfolio appointment of Headlease rent reviews on behalf of City of London
- 7 City office buildings totalling 1,700,000 sq ft
- Negotiations ongoing
Market Value Rent Review
Rent review on 26,000 sq ft Shoreditch office building on behalf of City of London
- Tenant: Google UK
- Rent uplift of 71% achieved
Headlease Rent Review
Rent review on 37,500 sq ft Holborn office buildingon behalf of City of London
- Legal point in relation to repairs v improvements disputed and settled
- Rent uplift of 22% achieved