Financial Services
To undertake a review of the provision of a surplus leasehold liability property.
> Review the provision that client had made on a large complex surplus property.
> To identify any issues that need to be addressed.
Surplus property solutions provider
To monitor the sub-tenant’s break clause and determine whether the break had been properly exercised.
> Review the lease and compliance issues for the break.
> Monitor the sub-tenant’s works.
> Act as project manager on the case.
Charity
Instigate search for new offices in Central London
> Commence search for space
> Work with solicitors to document
> Start of project to operating in the building 5 months
Private Equity backed software firm
To review the property portfolio and produce a strategy for the business for the next five years in respect of their property occupation
Provide a report on options for the business with regards to the portfolio
Food retailer
To manage out and dispose of a long leasehold liability part vacant and part sublet to two poor covenants.
The property had over 50 years remaining at a full rack rent, with sub-leases expiring in two years.
Food retailer
To mitigate cost and risk of a long leasehold property, which was over-rented and in poor condition.
To manage out the liability of a property with a failing tenant.