Property Management Services

Case Studies

Legal & General - Friary St, Guildford and Royal Arcade, Norwich

As part of an asset enhancement drive, Roche have advised Legal & General on two lettings to Jamie's Italian in Friary ...

November 2011

Legal & General - Friary St, Guildford and Royal Arcade, Norwich

As part of an asset enhancement drive, Roche have advised Legal & General on two lettings to Jamie's Italian in Friary Street, Guildford and Royal Arcade, Norwich.

Both transactions involved negotiating surrenders with existing tenants and securing new long leases to Jamie's Italian, thus improving investment value and driving pedestrian flow in both locations.

November 2011

East of England Co-op - Hall Rd, Norwich

Acting for the East of England Co-op we achieved an increase in rent on the Auto Devotion premises.

October 2011

East of England Co-op - Hall Rd, Norwich

Acting for the East of England Co-op we achieved an increase in rent on the Auto Devotion premises.

An interesting case, the car showroom and workshop has an area of about 12,800 sq ft. The premises have the largest external car sales spaces of any of the comparable leasehold properties in Norwich and the rent review pattern was 7 yearly, an unusual frequency.

These two issues gave rise to justification for an increase with which the client was pleased in this difficult market.

October 2011

48 London Street, Norwich

Acting on behalf of a landlord from South London we advised on the 2010 rent review on these premises occupied by Costa ...

September 2011

48 London Street, Norwich

Acting on behalf of a landlord from South London we advised on the 2010 rent review on these premises occupied by Costa Coffee.

One issue to agree with the tenants retained surveyor was on floor areas. The floor layout is unusual and challenged the measuring techniques of both surveyors.

Although an agreement was reached on floor areas, the rent at review was recorded at a nil increase.

Although it is recognised that times are testing, it was disappointing that we could not achieve uplift in the rent. However we were able to advise our client, with confidence, all aspects of the review had been considered and the conclusion reached was due to lack of good comparable evidence at rents higher than that already paid.

September 2011

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