News & insight

December Deals Update

Marketing / 13 Apr, 19

During November we were delighted to announce that WYG appointed us as sole advisorsoleWYG appointed us as sole advisor on its UK office portfolio. The appointment will see us providing relocation and lease advice, as well as property management services, on WYG 24 offices across the UK.

We have recently joined the Association of Short Term Lenders (ASTL) as an associate member. The function of the ASTL is to protect and promote the interests of its member and provide confidence to all parties who transact with them, find out more about it here.

The two largest occupational costs for most businesses are rent and rates, the latter of which is inextricably linked to the former. Rob Cohen and Stephen Jefferies from our Leeds office consider this issue below and the careful balancing act that needs to be struck by tenants.

Acting on behalf of Rollings Investments Ltd, our investment agency team has recently sold 228 High Street Exeter, a mixed retail and office investment.

Our asset-based lending team helped facilitate, via fleet valuation, the management buyout of Total Rail Solutions (TRS), a £30million turnover provider of operated and non-operated road-rail plant, sub-contracting services and labour to rail sites across the UK.

Following the 2018 Budget in late October there was a welcome boost for businesses with the announcement that thousands of firms across England will be able to ask for tax rebates to their business rates bills going back as far as 2010 with the Queen giving Royal Assent to turn the bill to reverse the effects of the so called Staircase Tax into an Act of Parliament.

Despite recent comments to the contrary, it is very unlikely that HS2 Phase 2B will be cancelled in the immediate future and even if it is there is no guarantee that it won’t come back in some form or another, in years to come. Our compulsory purchase team is working with owners and occupiers of affected sites along the HS2 route and you can find out more info here.

Formerly a Roman marching camp, medieval hostel and monastery our specialist leisure agents have been appointed on a historic site, with roots dating back to 997AD in North Yorkshire.

Our holiday and caravan park were also appointed on the sale of Roadford Lake Holiday Village, a holiday park development site located adjacent to the South West water owned Roadford Lake.

Topics: News

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