making property work

Transcription

1 making property work

2 Making Property Work 2 3 We are a modern multi-disciplinary, property based professional firm with 150 people, 80 fee earners, more than 50 of whom are Chartered Surveyors. We work from offices across the South of England, London and the Midlands on property all over the UK. We have a long and proud history and can trace our roots through a series of mergers back to 1798 in Croydon and London. See more at Contents 4: Agency 6: Property Valuation 8: Lease Advisory 10: Recoveries and Restructuring 12: Leasehold Enfranchisement 14: Business Rates 16: Specialist Property Services 18: Development Consultancy & Town Planning 20: Building Consultancy, CDM and Health & Safety 22: Commercial Property Management 24: Residential Property Management 26: Our Offices & Key Personnel Background photo - Knolly s and Stephenson House, Croydon 43,000 sq ft offices to let for UBS Triton Property Fund

3 Agency 4 5 Office Warehouse / Logistics & Industrial Retail Sovereign House, Brighton 12,000 sq ft has been recently let to Pegasus on behalf of Aberdeen Asset Management Investment Sales Lettings Units 9,10 and 11 Beddington Trading Park, Croydon 40,400 sq ft refurbished units. Letting advice for Aviva Investors Acquisitions Key Facts We are the largest team of agents covering the South East, strategically located to give our clients the best possible advice. We are instructed on a large percentage of available properties in each area and this leads to a better knowledge of requirements in the market place. We have extensive records of tenancies, lease expiries and tenant breaks, allowing us to target occupiers who have the opportunity to relocate before they come to the market. Contact: Tim Hardwicke t m e. thardwicke@shw.co.uk Background photo - Astral Towers Crawley 110,000 sq ft Lettings by SHW /services/office-agency Brampton Trade Park, Eastbourne Five industrial / trade counter buildings 18,280 sq ft Freehold industrial investment sold to Sussex-based private investor 75 George Street Central Hove Prime retail unit let to Caffé Nero on behalf of London-based private investor /services/industrial-logistics /services/retail-agency /services/investment-agency

4 Property Valuation 6 7 Our clients request valuations for a wide variety of purposes. We focus on providing an accurate, detailed and comprehensive valuation service. This can include: Chichester, West Sussex Former agricultural buildings with planning consent for conversion into house. Valuation for secured lending purposes. Sale and Acquisition Loan Security Portfolio Valuations Accounts Tax Litigation Expert Witness Charities Act We have expert knowledge across property sectors, including all classes of retail, office, industrial/warehouse property, and residential. We have specialists in the following sectors: Medical Educational Leisure Development Consultancy Contact: Peter Coldbreath t m e. pcoldbreath@shw.co.uk Background photo - Valued for loan security, an HQ purpose built office and warehouse Valuation for loan security purposes giving consideration to existing use as offices, development potential under Permitted Development rights and intensification of SHLAA land. Viability advice provided in respect new build Greenfield residential developments and viability arguments relating to Section 106 contributions and social housing provision. 19 Heathmans Road London SW6. Valuation of freehold interest on behalf of Heathmans Holdings Ltd for asset appraisal purposes a multi let office investment.

5 Lease Advisory 8 9 SHW offer specialist lease advisory services to ensure our clients get the most from their commercial property across the UK. Whether you are a landlord or tenant, our team can help you with: Lease renewal on behalf of the landlord of 43,250 sq ft industrial unit in Brighton Strategic advice and representation on rent review and lease renewal negotiations Identifying potential lease re-structuring opportunities Rent review on behalf of the tenant on a prime restaurant unit in London W1 Guidance on Landlord & Tenant Act 1954 statutory procedures and compliance Independent Expert representation at Third Party referrals Advice and guidance on the complexities of Break Options and the associated conditions Lease renewal on behalf of the landlord on a large convenience store in Hove Representation at PACT / Mediation proceedings Extensive and in-depth understanding of the commercial markets Contact: Nick Hitch t m e. nhitch@shw.co.uk Background photo - Unit A1 Lintot Square, Fairbank Road, Southwater, West Sussex Rh13 9La /services/lease-advisory Lease renewal on behalf of the tenant on 11,000 sq ft office building in Chester Rent review on behalf of the landlord on a High Street retail unit in Reigate

6 Recoveries and Restructuring Our experienced team of LPA Receivers specialise in the restructuring and recovery of fixed charge and secured lending debts by offering effective solutions on all aspects of property Asset Recovery. Our decisions are tailor-made to every situation to maximise recovery potential. We achieve this by: Offering innovative solutions and clear exit strategies Encouraging effective communication via regular reporting Brighton Former office building being built out under permitted development rights Croydon Multi-let office/industrial building for sale and currently being let Ensuring effective empty property services such as appropriate insurance and weekly inspections Identifying and implementing the most effective action to increase the value of the asset; for example implementing refurbishment works, long term hold and property management or facilitating a sale Bracknell Grade A 34,000 sq ft office building, entirely let Contact: Stephen Ray t m e. sray@shw.co.uk Background photo - Major town centre office building in Newbury let to Regus by the LPA Receiver as part of the appreciation of asset value Redcar A three storey building let to NatWest Bank with offices above, sold at Market Value Chard Two storey 14,000 sq ft office building, partially let. Currently being sold as an investment /services/recoveries-and-restructuring

7 Leashold Enfranchisement Whether you are a leaseholder looking to extend your flat or house lease or buy your freehold; or are a freeholder faced with a leaseholder s application, we are here to help you through the process and advise you on the best route to save you money and get best value. SHW are members of ALEP, the Association of Leasehold Enfranchisement Practitioners, an assurance to our clients of a consistently high level of service, integrity and professionalism. This is a complex area and a qualified surveyor can help you by: Eastbourne Valuation of flat for lease extension on behalf of freeholders Hastings Valuation and negotiations for collective enfranchisement on behalf of 7 leaseholders Advising on how the statutory provisions work Inspecting the property(ies) to assess the relevant information Providing Valuation Reports with detailed calculations and supporting evidence Recommending valuation figures for inclusion in formal notices Liaising with your legal advisors Negotiating with the freeholder s/leaseholder s valuer Representing you at a Tribunal if necessary Contact: Mark McFadden t m e. mmcfadden@shw.co.uk Contact: Richard Bull t m e. rbull@shw.co.uk Background photo - Tunbridge Wells. Valuation of freehold for freeholder for collective enfranchisement Brighton Valuation of a portfolio of 4 residential freehold interests in 13 blocks incorporating 250 flats sold on long leasehold interests. 2 of the blocks had planning permission for the development of 8 penthouses on the roof. /services/leaseholdenfranchisement

8 Business Rates No one likes to pay Business Rates, but using our extensive rating knowledge and expertise, we work hard to ensure our clients keep this cost to an absolute minimum. Our dedicated team of Rating surveyors can help you the ratepayer, by: Explaining how the rating system works for all types of commercial property Interpreting rating case law and legislation Examining your Rateable Value and considering how it can be reduced Submitting rating appeals and negotiating with the Valuation Office Agency Guiding you through the complexities of Valuation Tribunal procedures Liaising with Local Billing Authorities to recover savings Supplying detailed Savings and Budgetary Reports using leading industry rating software Advising on Empty Rates issues and developing innovative mitigation strategies Actively managing property to obtain all applicable rates reliefs Providing local, regional and national coverage and experience Contact: Paul Wade t m e. Throughout the UK saving rates for national independent petrol filling station operator Central Crawley Advising on all aspects of empty property rates relief C2&C3 Portland Business Park, Hove Acting for major South East developer advising on all aspects of rating during a comprehensive refurbishment Acting for a major UK airline on all airside and non-airside rating issues Acting for a national animal charity to reduce their rating liability Background photo - Virgin Atlantic s Upper Class Wing, Heathrow /services/business-rates

9 Specialist Property Services Hampshire Rent Review of GP surgery and providing an Expert Witness Report Healthcare GP Surgeries and Health Centres Clinics Veterinary/Dental Surgeries Pharmacies Nursing and Care Homes Education Schools Colleges Academies Nursery Schools Hotels and Leisure Hotels Public Houses Clubs Golf Courses Conference Centres Contact: Peter Turner t m e. Charities Places of Worship Hospices Charities Our Expertise includes: Valuations for sale, purchase, loan security and taxation Rent reviews and lease renewals GP surgery rent reimbursement advice/ negotiations Depreciated Replacement Cost valuations Expert Witness Reports Qualified Surveyor s Reports for Charities Act purposes Site appraisals Development advice and monitoring Background photo - Depreciated Replacement Cost valuation of College in North London South London Valuation of college for bank loan security purposes Sussex Valuation of the GP surgery for partnership purposes East Sussex Valuation of a public house for probate purposes Gloucestershire Qualified Surveyor s Report in accordance with the Charities Act Provisions /services/healthcare-property

10 Development Consultancy & Town Planning A dedicated team covering all aspects of the planning and development process Lee Green, SE3 Sale of former language school extending to 63,000 sq ft with development potential on an unconditional basis to D1 occupier Development Site Disposals and Acquisitions Secured Lending Development Valuations Residential Investment Agency Expert Witness Valuation Reports Development Feasibility and Analysis Compulsory Purchase and Compensation Section 106 and 3 Dragons Toolkit Valuations Town Planning Feasibility Reports Pre-Application Negotiations with Planning Authorities Specialist Reports to Accompany Planning Applications Submission and Management of Planning Application Lodging and Managing Appeals to the Planning Inspectorate Planning Committee and other Professional Presentations Assistance in Proposing Sites for Inclusion within Allocations of Local Planning Frameworks Contact: Richard Plant t m e. rplant@shw.co.uk Background photo - Sale of residential development site with development brief for 500 residential units to national house builder on behalf of global asset management company Greenwich, SE London Disposal of site with planning for a mixed use scheme including 24 apartments and subsequent development monitoring for high street lending institution Brighton, Sussex Residential investment sale on behalf of financial institution comprising 13 residential units and 2 ground floor retail units Burgess Hill, Sussex Sale of 5.6 acres of grazing land for residential development after 9 years of planning promotion undertaken by previous option holders /services/development-consultancy

11 Building Consultancy, CDM and Health & Safety Building / Pre-Acquisition Building Surveys Dilapidations Refurbishment and internal fit out of 10,00 sq ft office accommodation to Cat B standard Party Wall Advice Project Management Contract Administration Employers Agents Development Monitoring Feasibility Studies Planned Maintenance Programmes Building survey prior to acquisition of four buildings on the site including a former hospital, out patients unit, social club and rehabilitation centre 1.2 million office refurbishment to Cat B standard Reinstatement Cost Assessments Building Health & Safety Inspections & Reports CDM Coordinator Duties Building Pathology Contact: Russell Markham t m e. rmarkham@shw.co.uk Background photo - Tender and project management of 33,000 sq ft building in Crawley Dilapidations advice during early surrender negotiations and dilapidations works implemented under project management role Pre-acquisition survey, Planning and Building Regulations approval for creation of new nursery accommodation. External alterations and internal fit out. /services/building-consultancy

12 Commercial Property Management M+ rent and other charges collected annually, 70% within 7 days of due date SHW a good business, with great people to deal with. They are efficient, in control and take away many of the day to day pressures of property ownership. Multi-schedule Service Charge accounts, all signed off within three months of Year End Service costs minimised by regular competitive tendering, SLA s and regular site visits Tenant liaison to identify expanding or struggling tenants and follow up with agreed client actions Full package property asset management includes lease advisory, building consultancy, health & safety, plus agency, valuations, rating, planning and development consultancy, with just one contact Stiles Harold Williams has managed our properties since 2008 and has done so in a proactive and commercial, yet courteous, manner, so we are always pleased to recommend them to others. We have also made good use of SHW s other property services, all of which have added value. Stiles Harold Williams has managed several important portfolios for us over the years. It is a pleasure to deal with a team that is so calm; on top of their work and rigorously efficient. Covering the East Midlands to the South Coast, with Property Managers on the site, not on the PC Attributed client comments attest to SHW s friendly and efficient property management service delivery RICS Regulated ISO 9001 & ISO registered Contact: David Hadden t m e. dhadden@shw.co.uk Background photo - Spire Court, Horsham SHW has managed our portfolio of properties with minimum involvement from ourselves for over ten years and, in that time, has proved to be highly efficient and an absolute pleasure to deal with. Stiles Harold Williams property management team provide a courteous and highly efficient management and accounting service. They are always on top of things and are a pleasure to deal with. It s a great relief to be able to rely upon their management records. /services/commercial-management

13 Residential Property Management General Management of mixed use and mixed tenure buildings, estates and portfolios ARMA and ARLA members Creation of management strategies for new developments Competitive Property Owner s Insurance Project management of major works Helping to identify and minimise legal risk ISO 9001 & ISO registered Leasehold Service Charge Management Management of leasehold flats, houses and estate management Acting for freeholders, developers and residents management companies Service charge budgeting, administration and ground rent collection Regular financial reporting and inspections Section 20 consultation compliance Re-tendering of service and maintenance contracts Site staff recruitment and supervision Company secretariat services Background photo - Wornington Green Portfolio Management Regional management of portfolios of houses and flats let on Assured Shorthold, Assured and Regulated Tenancies Acting for institutional investors, investment and/or development companies, private landlords, family trusts and charitable bodies Full in-house lettings service available (subject to location) and full credit checking In-house refurbishment service, deposit registration and dispute handling Offering a rent guarantee scheme for peace of mind Comprehensive tracking of Housing Benefit, LHA payments and direct collection from Councils Fee structures to align our goals to your needs Contact: Nicholas Faulkner t m e. nfaulkner@shw.co.uk A portfolio of 220 houses and flats let on ASTs, located on the Sussex coast, and managed by SHW on behalf of oversees trustees. Income up by 33% since 2009, despite most tenants being on static housing benefit. South Cliff Tower, Eastbourne, a 19 storey block of 73 flats with underground car parks managed by SHW on behalf of the Residents Management Company. Many of the building s services are undergoing a phased programme of renewal. Whitehall Court, London. We are the appointed agents for this landmark property situated to the west side of Victoria Embankment Gardens. The building was built in the late 1880 s and is Grade II listed. The building consists of 130 apartments, commercial premises and the Farmers Club. One Brighton has been developed in accordance with the One Planet Living principles, in order to provide a high quality lifestyle, making it easy, attractive and affordable to live in a sustainable manner. This unique development, consisting of 172 apartments, along with commercial units, has a zero carbon energy strategy, which seeks to reduce energy demands and to supply all energy from renewable resources. The Image, Hemel Hempstead. A landmark, mixed use development, located in the heart of Hemel Hempstead, with 455 apartments, and 41,707 sq ft of commercial space. With the restoration and conversion of the town s tallest building, The Image now provides 22 floors of both apartments and commercial space. /services/services-residential

14 Our Offices London Venture House, Glasshouse Street, London, W1B 5DF Surrey, South London & Kent Croydon 69 Park Lane, Croydon, Surrey, CR0 1BY Epsom 56 High Street, Epsom, Surrey, KT19 8AJ Hampshire Portsmouth 1000 Lakeside, North Harbour, Western Road, Portsmouth, Hampshire, PO6 3EN Sussex Crawley / Gatwick Sterling House, High Street, Crawley, West Sussex, RH10 1GE Brighton One Jubilee Street, Brighton, East Sussex, BN1 1GE Eastbourne Ivy House, Ivy Terrace, Eastbourne, East Sussex, BN21 4QU Worthing 3 Liverpool Gardens, Worthing, West Sussex, BN11 1TF West-Midlands PO Box 16256, Sutton Coldfield, West Midlands, B73 9UR Background photo - Stiles Harold Williams offices at 69 Park Lane, Croydon Key Personnel 26 Senior Partner 27 Richard Stepleton rstapleton@shw.co.uk Managing Partner Martin Clark mclark@shw.co.uk Head of London Haydon Murton hmurton@shw.co.uk Head of Surrey, South London & Kent Richard Plant rplant@shw.co.uk Head of Crawley, Gatwick & Mid Sussex Adam Godfrey agodfrey@shw.co.uk Head of Sussex Coast David Martin dmartin@shw.co.uk