What needed solving
Unit coming to the end of a long lease in a sector seeing structural change. The landlord wanted to re-let quickly at a realistic market rent without eroding headline value.
Trade counter unit on an established trade park in Falkirk. Let to a regional trade occupier following a structured marketing campaign.
Unit coming to the end of a long lease in a sector seeing structural change. The landlord wanted to re-let quickly at a realistic market rent without eroding headline value.
Refreshed marketing materials, targeted outreach to sector-specific occupiers, competitive process between two interested parties, robust heads of terms negotiation.
New 10-year FRI lease secured with a covenanted trade occupier. Headline rent maintained and rent review mechanism updated to current market practice.
Other commercial assets we've worked on across the UK.
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