Instructed as letting agents on £80m retail portfolio in Northamptonshire. Undertaken property marketing targeting local, regional and national retailers, leisure and office occupiers. Involved in large number of lettings and sales of restaurant space, shops and offices.
Advised investor client on the acquisition and marketability of 15,000 sq ft former MFI retail warehouse unit in Kettering. Client preferred secure income for in excess of 10 years rather than highest possible rent. We undertook a full marketing campaign and identified national gym operator to take the building on a new 15 year lease at an initial rent of £120,000. Having secured a strong tenant at a market rent on a 10 year FRI lease we doubled the value of clients property.