The former Blockbuster store on Hindpool Retail Park in Barrow in Furness has opened on Monday, 29th April as a Frankie and Benny's outlet. The store has created 50 new jobs in the town and is directly …
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Specialists in Agency, Investment, Rent Review and Leases, Valuations, Property Management. Click the categories below for more information.
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Agency
We act in the sales, lettings and acquisition of all aspects of commercial property throughout the region. Our extensive knowledge of the regional market means we are well placed to act for owners and occupiers in all aspects of commercial agency.
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Sales and Lettings Agency, Acquisition Agency, Development Agency
Sales & Lettings AgencyAs with other aspects of our services, property disposals will be tailored to suit the client's requirement ranging from as confidential a service as possible to full exposure to local, regional and national markets. Extensive contacts and mailing lists have been built up over the years and are actively maintained to ensure effective mailshots. In addition, pro-active marketing with targeted approaches to potential purchaser and occupiers as appropriate.
Traditional marketing methods are enhanced by our internet and computer based systems which automatically match requirements with available properties and provide fully downloadable details.
Acquisitions Agency
Our intensive local knowledge has, over the years, led to many successful off market acquisitions on behalf of retailers, developers, investors and owner-occupiers. We feel our representation in the local market assists in our approaches being taken seriously, which assist in receiving positive responses from potential vendors and landlords. Development Agency
Fully experienced from initial site finding, through site assembly to the final development and investment sale. Our local knowledge and contacts again assist in the whole process. Over the years this has assisted in a good track record with both local and national developers from small single retail or industrial units to involvement in large town centre re-developments
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Investment
We are specialists in the investment market, particularly for private investors, charitable trusts and smaller property companies. Our in depth knowledge of the market means we are often able to unearth off market transactions, acting for clients on a confidential principal to principal basis.
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Commercial property investment in Cumbria, Lancashire and Southern Scotland
Having established an active mailing list of over 400 private investors, we have an excellent track record of securing sales by private treaty by way of direct mailing. Full access to the national market and utilisation of current investment web pages assist in extending the market as and when required across a broad spectrum of property types and values. We act for a range of investors including private clients, property companies, funds and institutions in lot sizes from under £1.0 million to several million.
We are retained by a number of investors who have continuing requirements to add to their portfolios, ranging from blue chip secure retail opportunities to higher yielding problem properties and unusual situations where there is potential for active management/refurbishment or development.
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Rent Review and Lease Renewal
Our Directors are all qualified Chartered Surveyors with extensive experience of landlord and tenant work including rent reviews by negotiation and references to third parties and lease renewal negotiations. Our experience in the agency market means that we have a wealth of knowledge and evidence of commercial transactions throughout the region, across all sectors of commercial property.
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Commercial rent review and lease renewal for landlords and tenants
From our background of being extremely active on an agency basis throughout the region, we feel we are well placed to advise both landlords and tenants with regards to rent review and lease renewal situations. Instructions are handled in a swift and efficient manner so as to ensure progress is maintained throughout the negotiating process and the matter is not left to drift, which is often the case due to the lack of willingness to negotiate by the other party.As a firm of fully qualified chartered surveyors, with a minimum of 20 years' experience, you can be sure your instructions will be dealt with at a senior level throughout the whole process. We are increasingly involved in references to third party submissions including preparation of submissions and counter-submissions, and dealing with expert reports.
We have close working relationships with other professionals such as solicitors, barristers and other property professionals to ensure that all rent reviews and lease renewals are handled in a timely and efficient manner.
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Valuation
Each of our fully qualified Chartered Surveyors act on behalf of a wide range of banks, building societies and lending institutions in providing 'Red Book' valuations and updated asset valuations for accounting purposes.
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Commercial Chartered Surveyors, Commercial Property valuations
WWe aim to offer a swift, efficient, flexible and personal service to lending institutions throughout Cumbria, North Lancashire, the Fylde coast, south west Scotland and adjoining areas. Our clients include the main high street banks and building societies as well as major insurance companies and private banks.
The same service is available to individuals in accordance with the current edition of the RICS Appraisal and Valuation Manual (The Red Book).All our valuations are backed by the appropriate level of professional indemnity insurance.
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Property Management
We have a centralised property management team with fully computerised software dealing with commercial and mixed use property management. We ensure tenants comply with their obligations, attend to rent collection and regular inspections and we are regulated by the RICS DPB scheme for regulated insurance activity. We aim to take away the day-to-day headache of direct investment in property, collecting several million pounds worth of rental income.
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Commercial property management services in Cumbria, Lancashire and Southern Scotland
We act for a wide range of property management clients, including private investors with a single property, to local authorities, property companies and funds. We adopt a pro-active approach to property management ensuring clients' portfolios are performing to the best of their ability.We have the latest property management computer software to deal with rent demands, statements, service charge budgets and reconciliations, VAT and diarising important dates in leases to ensure rent reviews, lease renewals and tenants' covenants are complied with.
Our property management portfolio includes single properties, industrial estates, small shopping centres, business parks and multi-let properties. We also act on behalf of offshore clients in handling all aspects of their property management needs, including rent collection and ensuring day-to-day compliance by tenants and occupiers.
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Expert Witness
We regularly provide advice and expert witness reports in connection with disputes including: valuation, negligence, matrimonial and building disputes. Simon Adams, director of the firm, is the first point of contact and regularly provides advice to legal advisers, financial institutions and acts as single joint expert, in addition to providing Part 25 and Part 35 Court compliant reports.
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Recent examples of expert witness reports include:- Several million pound single joint expert valuation of retail and commercial property for matrimonial purposes
- Pre-action advice to legal advisers regarding possible negligence valuation
- Appearing in court as witness relating to valuation dispute
- Provision of expert reports relating to lease renewal proceedings
- Preparation and submission of reports relating to rent review arbitration and expert witness matters.
Simon Adams holds qualifications to act as an expert witness and is happy to hold initial discussions with clients; he can be contacted on 01539 727 378 or by email
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Private client
One of the strengths of our business has been acting on behalf of private individuals in respect of all aspects of property investment and management. Clients range from high net worth individuals to family trusts and charities and we offer a fully managed service dealing with all aspects of various clients' needs.
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Our service includes a named director as the point of contact and we have built long-standing relationships with particular clients and their various advisers in order to provide a trouble free management service for property portfolios. We act on behalf of clients in the acquisition of properties including acquiring investments by private treaty, auction or off-market transactions and then look after the properties and deal with all tenant enquiries on behalf of clients. We are able to report to clients on a quarterly (or more frequent) basis, remitting rental income directly to clients with supporting documentation by post or email. We also liaise with financial advisers such as accountants or offshore trust companies.Property investment in recent years has seen a significant return on capital, compared with cash or other forms of investment, and whilst owning property as an investment means hands-on management is required, this is a service we offer to clients as part of clients’ wider investment portfolios, and property as an investment provides an attractive asset class in a balanced portfolio.
We are also able to act on behalf of clients in situations where a portfolio needs expanding or reducing, including disposal of investment properties and advice on asset management and active management where situations such as refurbishment or redevelopment of a property will provide additional income opportunities.We have recently acted on behalf of former business owners who, having sold their businesses, are seeking to reinvest capital in a range of investments including property; here, we have arranged to purchase a balance of investment properties and subsequently manage these on behalf of the client.
For further information, please contact Simon Adams —
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Asset Recovery
Peill & Company offers a discreet and expert service in advising directors, companies, insolvency practitioners and fellow professionals in connection with property assets for companies and organisations. In difficult economic times we have seen an increase in the number of distressed property assets and Peill & Company offers local knowledge and, being based in the centre of our region, can offer early, professional and discreet advice where required. We regularly act alongside national practices to provide a local 'hands on' service in connection with recovery situations, and we aim to both maximise and secure the asset to minimise any deterioration in asset value.
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The services we provide include:-
- Strategic and early valuation advice and property overview.
- Management - including ensuring a property is secured and, where necessary, rent collections and ensuring the value of a property does not deteriorate.
- Valuation advice - including early and confidential valuation advice in advance of an administration or recovery situation.
- Advice to directors or insolvency practitioners seeking to re-gear property assets.
- Local knowledge throughout our region.
- We advise lenders, insolvency practitioners, accountants and solicitors and maintain a professional, confidential approach throughout.
For further information contact Simon Adams on or Andrew Peill on
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Building Surveying
Our building consultancy team is headed up by Stuart Tolch, who is a consultant to the firm. Stuart has previously worked for Cyril Sweett, British Airways, & UBS Bank. Clients range from property investors and developers to single clients.
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Advice includes dilapidations, measured surveys, condition surveys, party wall act advice, rights to light, fit-out refurbishment and minor works, energy efficiency and sustainability advice, feasibility studies, development appraisals, reinstatement valuations, project management, cost consultancy, architectural design services, planning consultancy. For further information contact Stuart Tolch — 
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