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Why use Hurst Warne as your Commercial Property
Advisors when looking to relocate:
Hurst Warne is a firm of Chartered Surveyors who
specialise in providing commercial property advice to clients. Through our four
strategically placed regional offices in Redhill, Leatherhead, Fleet and Woking
we are able to advise clients throughout Surrey, Sussex, Kent, Hampshire,
Berkshire, and South London on a wide range of commercial property matters.
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Hurst Warne are pleased to be
recognised as approved and accredited members of HelpMovingOffice.
HelpMovingOffice is the Independent
Internet Resource that guides companies through the office relocation process
and ensures that office moves happen on time, to budget and with the minimum
hassle and disruption to businesses.
Set out below is a brief synopsis of how we
would approach finding the right property for your business as your retained
agent. |
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1. Meet with you to get a firm understanding of the
type of property your company is looking for and to establish a brief upon
which we can base the search
A usual brief would include gaining information on
the following:
• Type of commercial property required (more
commonly - Office, Industrial or Retail Unit)
• Freehold (purchase) or
Leasehold (rent)
• Required search area
• Budget
•
Any other specific requirements
2. Conduct a market based search to establish the
options available to your company (both on and off market)
As full time property advisors we have access to
dedicated commercial property search engines which enable us to compile the
necessary information for each search. In addition we speak with other
commercial property agents on a constant basis which enables us to have access
to the most up to date information on the market.
3. Produce a detailed availability schedule
reporting the options available
Having compiled the specific information on available
buildings we present our findings in a spread sheet which sets out the required
information on each property. This includes information on the occupational
costs at each building as well as the type of interest that is on offer -
Freehold interest / Leasehold interest (new lease, sub lease, assignment).
4. Go through the options available
with you to establish a selection of properties to view
Doing this provides an opportunity for us as your
retained advisors to highlight the potential merits and pitfalls of each
option.
5. Arrange viewings on your behalf and accompany
you on the viewings, providing guidance on each option
As well as arranging and accompanying you on each
viewing we also produce a schedule for you of the options being viewed.
6. Having established a preferred option(s), as
your agent we will negotiate terms on your behalf
Once a preferred option (or options) is/are
established we will advise you on the deal that we would hope to achieve on
your behalf. It is then our job as your agents to attempt to establish the best
possible terms available. Given our expertise and experience in negotiating
commercial transactions, we will guide and advise you on the best way to
approach the negotiation(s) in order to achieve the desired result. We will
advise you on all aspects of the financial terms of the deal. This will include
rent, rent free and capital contributions. Our expertise is in finding the
right combination of these factors to establish the best financial package on
offer. We can prepare cash flows comparing various offers to demonstrate the
financial advantages of each property.
7. Agree heads of terms with the vendor on your
behalf and assist your legal representative through to completion of the
transaction
Commercial property transactions are invariably
complicated and often need continued attention in order to reach completion.
Having agreed heads of terms on your behalf we will then liaise with your legal
representatives to make sure that the deal is completed within the required
timescale.
8. Fit out / Repairing liability
Before the lease has been signed, we can provide
advice on the fit out of the new premises. We can liaise with the landlords for
consent to alterations, the appropriate contractors and the likely timescale
and costs for implementation. We will advise you on any onerous repairing
liabilities that could be applicable when acquiring new premises. Tenants can
find themselves with significant costs being demanded from them in some cases
when they have not been fully aware of the repairing liability they have taken
on at the start of their commitment.
To discuss our property aquisition service please
contact the Hurst Warne office nearest to you. Please see office addresses at
the foot of this and every page. |
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