CASE STUDIES - retail

54 - 58 Deansgate, Manchester

Substantial ground floor retail area with lower ground floor telesales/training areas occupying prominent high street position.
Advised landlord, Arbela Properties, in a rent review.
Complex rent review provisions with additional requirement to assess rental value as existing or in parts.

39 – 40 Castle Street, Shrewsbury

High Street retail outlet with ground floor sales and ancillary first floor and basement areas, let to Swinton Insurance. Represented landlord, J & M Property Management.
A lease renewal for a new 10 year term was negotiated in conjunction with a reconfiguration of the demised area in difficult market conditions.
The freehold investment was subsequently sold taking full advantage of the enhanced investment value.

Congleton Retail Park, Congleton

Modern Retail Park comprising 65,000 sq ft. Tenants include M&S Simply Food, Focus, Halfords, Carpetright and Laura Ashley.
Rental value in excess of £800,000 per annum.
Advised landlord, Bluemantle, on various rental value, lease drafting and restructuring issues, enhancing the freehold investment prior to sale for £14.9m

109 – 113 Oxford Street, Pontycymmer

A relatively remote food retail outlet located in South Wales.
Represented landlord in a rent review with several complex valuation issues and with limited comparable evidence.
Achieved a substantial increase in rent by negotiation.