Commercial Property Specialists Land & Development Experts

We provide well considered advice on the sale and letting of commercial property:

• We sell & let Offices, Industrial Warehouses, and Retail & Leisure properties.
• We also deal with the sale of Commercial Property Investments & Development Opportunities.
• We have acted for a wide range of clients & deal with transactions throughout the Midlands & Warwickshire.
• We have excellent market knowledge, good contacts, strong negotiating skills & a thorough understanding of the factors which affect value.
• We think laterally so if there are any angles which can improve realisation proceeds or help facilitate a quicker sale, or letting on better terms, they are fully explored.
• We will use a range of marketing tools to promote our client’s property, tailoring each campaign to suit individual budgets and requirements.
• Web portals used can include Costar, Novaloca, Rightmove, Loopnet, Kato and other sites as appropriate.
• All enquiries are logged on a computerised data base, so applicants can be easily identified and followed up.
• We believe in regular updating, so clients are kept fully abreast of progress.
• Developing early relationships with Landlords and their advisors on leasehold disposals (i.e. assignments or sub lettings), is essential. This in our experience brings dividends in saving time and unnecessary complications later.
• We have many satisfied clients.
• Our track record section provide examples of the deals which the Partners have undertaken and clients that they have represented.
• We would be happy to provide any further details as required to illustrate our credentials.
• Let us put our expertise to good use to help you achieve the best outcome on your disposal.

Finding the right commercial property to suit a specific business use can be time consuming.

You also need a considerable amount of knowledge and expertise to ensure you secure premises on reasonable market terms without falling fowl to the many pitfalls that you may encounter.

We can help make the process easier and offer professional advice and support to ensure you achieve the best result.

Our service includes:

• A comprehensive search to identify both on and possible off market opportunities.
• A thorough inspection of the any short listed properties as required.
• Advice on appropriate offer terms following a review of each property.
• When commitments are made to lease premises, it is important prospective tenants appreciate what they are signing up to and are not being expected to undertake to do more than they had bargained for!
• We will review leases and work with you and your advisors, so you fully appreciate what you are committing too.
• Where an opportunity exists to amend terms in your favour this will be fully exploited.
• Undertaking negotiations on your behalf to ensure attractive terms are secured.
• Liaising with solicitors and any other relevant professionals involved so matters proceed as quickly and smoothly as possible to an early and satisfactory conclusion.
• Advice on the appointment of any specialist consultants such as Town Planners, Architects, Building Surveyors and Environmental Engineers to ensure your interests are protected.

The partners have been involved in a wide variety of Industrial / Office / Mixed Use Commercial & Residential Development projects in the Midlands.

We therefore understand what developers and investors requirements are as well as understanding the needs of occupiers.

Let us have an opportunity of putting this experience to good use on your behalf.

We can provide:

• Market analysis on anticipated demand / take up for a proposed scheme and comment on where the competition lies.
• Views on quoting terms and anticipated realisation figures, together with any concessions that would have to made to occupiers and the likely void period whilst occupiers are identified and commitments secured.
• Recommendations on building specification and unit sizes. This will ensure the development will appeal to as wide a cross section of the market as possible including the investment market where onward sale to a fund / property company or private concern is proposed.
• Advice on alternative uses.
• Development appraisals to help establish the viability in conjunction with other professional advisors.
• Assistance with site assembly where additional property holdings need to be acquired to produce the desired scheme.
• Advice on the appointment of any specialist consultants such as Architects, Town Planners, Structural or Civil Engineers or Environmental Consultants as necessary.
• Our marketing expertise to promote the proposed end product.

• The practice has excellent investment contacts consisting of both parties who are looking for investment opportunities and those offering premises for sale.
• We have acquired and disposed of a wide variety of investment property for clients.
• We undertake considerable due diligence as part of any purchase so clients appreciate what they are buying and where appropriate can negotiate revised terms to reflect any short comings. Conversely, where clients are looking to dispose of a property, we can advise on how best to package it up prior to sale to maximise sale proceeds.
• Through our strong agency bias we offer advice on future letting prospects where tenants may leave or where they may be looking to renew their lease.
• We can also advise on vacant possession values.
• We provide constructive advice on refurbishment & or redevelopment proposals.
• We can also assist in helping unlock the value of property holdings used by owner occupiers through sale and leasebacks.

Peter Clarke Property Consultants has Chartered Surveyors who are registered by the RICS to undertake valuations for a wide range of purposes such as:

• To support an acquisition of a property asset.
• For loan purposes.
• For company account or SIPP purposes.
• For Probate or Charities Act Purposes.

We have undertaken valuations for many of the major high street banks as well as for a wide variety of corporate concerns, trusts, charities and private individuals.

• Whether acting for landlord or tenant we understand the property market and the factors which affect value at rent review or lease renewal.
• We have excellent negotiation skills.
• We undertake detailed research and analysis into comparable property transactions to support and justify our views.
• We will ensure you achieve a first class service and capitalize on any weakness in the other sides approach.
• Let us take the hard work out by handling your rent review for you to produce the best possible results.
• Where a dispute cannot be settled through negotiation we can provide Expert Witness reports to the Arbitrator / Expert appointed by the RICS to settle the dispute between the parties.
• We also offer valuable advice with handling lease renewals. Concessions / more flexibility may be able to be negotiated with your Landlord as part of the deal. Alternatively, where we are advising Landlords, additional features may be able to be negotiated as part of the lease renewal to improve income continuity / returns in the medium to long term.

We can provide a broad range of Property Management services encompassing the following:

• Issue rent, insurance & service charge demands and make collections for you.
• Undertake inspections to ensure tenants are adhering to their lease covenants.
• Oversee any queries your tenant/s may have and liaise with you as appropriate.
• Make recommendations on sub lettings, assignments or alterations proposed to your premises by tenants often at their cost.
• Notify you of impending rent reviews and lease expiry’s and provide advice on how best to proceed.
• Assist and advise on any repair issues necessary.
• Prepare schedule of dilapidations (A detailed list of defects / wants of repair to the property that the tenant is liable to rectify in accordance with their repairing liability in the lease) and undertake negotiations on your behalf so your property is kept / returned in the state it should be.
• Client-side liaison for refurbishment and refit projects
• Offer advice on insurance reinstatement values. Assist with dealing with insurers queries for you.
• Business Rates Mitigation.
• Disposal advice – Sales or Lettings.

We have established links with Chartered Building Surveyors, Project Managers & Project Consultants. We can therefore assist clients in helping secure quotes for a range of commercial property related matters. ​In particular:​

1. Pre – aquisition surveys and due diligence

They will help identify any fundamental repair issues so you can then budget and plan appropriately. Indicative cost estimates can often be provided as part of the pre – acquisition report to help you decide how best to move forward.

2. Preparing, advising & negotiating dilapidations/wants of repair
​
Schedules of dilapidations are normally served on Tenants by their Landlord or the Landlord’s representatives to advise the Tenant on breaches of their repairing obligations under their lease.​

They usually are served prior to a Tenant giving notice to vacate but may also be served on an interim basis during the lease term if the Landlord considers there is the need to. This can often occur when a tenant is looking to assign or sublet the property.

The extent of Tenants repair necessary will be determined by the terms of the lease, statute and any specific plans the Landlord may have for the future of the property which may mitigate the extent of claim.

3. Preparation, negotiation & agreement of schedules of condition.​

4. Defects diagnosis.

5. ​Preventative maintenance plans. 

6. Project consultancy of repairs, refurbishments, fit out or new build.

Encompassing: –

​a) Project Management, b) Contract Administration, c) Specification / repairs schedule, d) Party wall advice, e) Building Regulations Advice, f) Project Monitoring, & g) Assistance with Health & Safety & CDM Regulations​

Peter Clarke Property Consultants has also provided client-side liaison on the refit and refurbishment of existing warehouse and HGV workshops as well as helping oversee office refits and negotiating and agreeing dilapidations and tenant repairs.​

We also have experience in negotiating and agreeing forward commitments to buy or lease properties that are to be built or subject to an agreed refurbishment programme. (e.g., Forward commitment via Design & Build / Agreement to lease).

• We can review your business rates and advise you if the assessment is fair or whether savings could be made to reduce your liability.
• If we feel there are discrepancies in the assessment, we can refer you to an Independent Rating Specialist who can challenge the valuation on your behalf and help secure savings / a refund or exemptions, and reliefs.
• There may be instances where we can help reduce your Business Rates liability on empty or underutilised space through a number of different strategies.