Our company is a one-stop shop for all of your commercial property needs, whether it’s finding bigger premises for your business, disposing of stock that’s surplus to requirements or getting a great deal on a long-term office lease. We carry out accurate valuations on all types of commercial property and our clients are spread across the office, industrial, development and retail sectors.
Our commercial agents have a great deal of experience and an intimate knowledge of the north east property market. We pride ourselves on our proactive approach and by using our initiative, understanding of the market and utilising our vast network of contacts we can ensure that we deliver the best and fastest results for our clients. This is a reputation which has been developed over 27 years in practice and places us as one of the leading agents in the North East.
Our team deal with the sale, letting and acquisition of commercial properties. We provide a personal approach and will source, or dispose of premises and investments in accordance with your requirements.
At Bradley Hall we provide property valuations and appraisals for secured lending, taxation, receivership and litigation purposes. We advise national and international banks on valuations in the region and have secured a place on several major institutional lending panels, including Barclays Bank Plc., Lloyds TSB, Yorkshire Bank and Svenska Handlesbanken. Our valuations are undertaken in accordance with the RICS Valuations Standards 2014 (Red Book).
Lease Renewals & Rent Reviews-
When it comes to lease renewals Commercial tenants are usually protected by the complex provisions of the Landlord and Tenant Acts. We have comprehensive knowledge of statute and case law and of the rights of landlords and tenants so that clients are fully advised both before and during negotiations.
Local market knowledge and understanding of the detail of comparable transactions is key in successful lease negotiations. Rent reviews normally occur at 3 to 5 year intervals. Negotiations require a full understanding of the intricacies of the lease and rent review provisions together with case law and the Landlord and Tenant Acts with associated legislation. We offer market based, expert advice to landlords and tenants on rent reviews under existing leases. Our high level service includes a full inspection of the property, a thorough examination of the lease, meticulous market research for the area, detailed analysis of the comparable rental evidence and of course firm but pragmatic negotiation.
If you have a rent review due within the next year then you should be proactive. Start planning your strategy now in order to secure the best possible deal. Following an initial discussion our fees are often performance related. If you would like to talk through your up and coming rent review please contact us.
Land and development services:
Development consultancy is also a major part of our service offering. Our team provide expert advice on a range of projects, from small individual new-build units to major out-of-town green field schemes. With our considerable experience in the refurbishment of existing properties as well as new builds, we work in complete cohesion with clients, project managers, architects and designers to achieve the desired result for all parties.
By drawing on our extensive knowledge of the local market, our chartered surveyors are able to evaluate development opportunities with an initial feasibility study/development appraisal and monitor a development through the planning process and construction to maximise a client’s return and minimise risk.
Property management services:
We act as a professional managing agent on behalf of many landlords and management companies. That involves managing a broad range of properties, including individual dwellings for owners/investors and multi occupation units on behalf of investors, management companies and management committees.
All of our partners have a broad technical knowledge of building construction and property law, together with a proficiency in finance and administration. In addition, we offer a wide range of duties with fees being quoted either as a percentage of outgoings/income or per accommodation unit. Briefly, our management services include:
• Rent Collection
• Debt Collection
• Implementation and Administration of Service Charges
• Ensuring all H&S Regulations are adhered to
• Regular Property Inspections
• Accountancy Service
When purchasing a Freehold or Leasehold interest in any property, for your own use or as an investment interest, it is essential to identify any underlying issues the property has before committing.
We can produce a Building Survey report detailing our inspection of the property stating its construction type, overall condition, state of repair and any property related environmental and legal issues which require clarification.
Our reports can be tailored to suit your specific requirements for the acquisition. Our reports include technical advice on any issues identified during our inspection. This would be supported by our recommendations for necessary remedial work. Our reports can also be used to assist your pre-acquisition negotiations.
The report will also be appended with a selection of photographs displaying any identified key issues to assist your understanding and interpretation.
Our reports do not include a market valuation as this falls outside of a Building Surveyors specific expertise and scope of service, however our Valuation department can carry out this service.
We can undertake Insurance Reinstatement Cost Assessments upon request, should they be required by your insurance broker.
Our services include the following:-
- Construction (Design and Management) Regulations 2015
- Contract Administration
- Measured Surveys
- Part Wall etc Act 1996
- Planned Preventative Maintenance
- Project Management
- Project Monitoring
- Reinstatement Cost Assessments
- Schedule of Condition