The Manchester Offices Agency Team at WHR provides pre-eminent advice to clients whether it is on behalf of property owners, occupiers or investors.
We address the important aspects involved, cutting out 'satellite' issues focusing on the commercial reality of the situation and navigating a route to the specific objectives of our clients.
The Manchester Offices Agency Team's experience reaches further than just those highlighted above and offers unrivalled advice on the following key areas:-
The WHR Office Consultancy Team has an in depth understanding of the importance of acquiring the right property. WHR have acted for a wide range of companies across numerous business sectors.
Acquiring premises is essential for the efficient running of any business. Property is our core business and our acquisition service allows you to focus on yours. There are a number of important factors to be considered when acquiring new premises. We appreciate that property costs are high on the corporate agenda, however, the following elements are important to ensure that your occupation is secured on the most appropriate terms based on the prevailing market conditions, ,business sector and commercial objectives of the client
Rent - Purchase Price Incentives - (Level and Structure)
The acquisition process involves numerous stages, all of which are linked, examples being as follows:-
Determine current acquisition criteria and understand existing commitments.
Circulate the requirement to the Office Market and collate relevant and applicable options. Include off-market options.
Determine options to be considered and inspect options.
Identify preferred options and ensure the acquisition criteria fits the shortlisted properties.
Negotiate, agree terms and liaise with solicitors to finalise the contract
Due Diligence – undertake to assist in the due diligence process to ensure our client enters into commitments having satisfied that the premises are as expected and to minimise any nasty surprises at a later stage.
Complete lease and undertake fit-out works.
WHR's Office Consultancy team provides expert advice on various aspects of the leasehold occupational market. We create opportunities and enhance value through forward thinking and we take a proactive and innovative stance on all aspects of the letting campaign. WHR drive transactions forward and understand the importance of protecting, creating and enhancing our clients interests. This is achieved by creating new rental levels and negotiating favourable lease terms.
WHR are passionateabout innovative marketing initiatives and are keen to lead clients forward with bespoke campaigns - seeking to break new ground in innovation and quality of presentation. We believe there is no such thing as a 'bad marketing campaign' or a 'bad brochure' - there is however a 'bad brief'.
The enthusiasm and success of the Offices Department is highlighted by the fact that since creation WHR has consistently been involved in 25 - 30% of all City Centre lettings, as well as being particularly active within the markets in which we specialise.
Significant leasehold disposals include:
WHR's Office Consultancy team provides expert advice on a variety of freehold occupational markets and have successfully completed a variety of high profile transactions. The Office Team maximises opportunities through forward thinking and takes a proactive and innovative stance on all aspects of the disposal campaign.
WHR provide accurate advice on achievable and realistic freehold values and implement bespoke marketing campaigns to realise our clients asset value and maximise capital receipt. WHR have excelled in this market through offering intimate knowledge of the highly desirable owner-occupier market.
WHR feel passionately about innovative marketing initiatives and are keen to lead clients forward with their bespoke campaign - seeking to break new ground in innovation and quality of presentation.
WHR have experience in disposing of a wide variety of freehold product:
Understanding the true potential of a development site and realising the latent value of existing premises/sites is a unique skill few possess.
WHR have consistently provided pre-eminent advice to Funds, Property Companies, Joint Venture Partnerships, Local Authorities, Private investors In respect of:-
WHR has a proven track record for guiding clients in delivering high quality refurbishment schemes as a result of their pre-eminent advice relating to specification:
WHR work as part of the design and construction team to deliversuccessful solutions within set budgets. Our main aim is to enhance our clients asset value by creating a lettable and sustainable product. WHR know what lets!
WHR's overriding interest is to ensure that our clients have the best advice available and therefore we understand the importance of assembling the correct professional team for the task in hand.
WHR advise and lead our clients in the appointment of a wide variety of professional disciplines, to include:-
Not only does WHR transact in the office market on behalf of clients but also monitors and collates data to provide research and insight into market trends that assist our clients in making important business decisions on:
WHR were instructed to sell this vacant office building on behalf of a charitable organisation. WHR successfully negotiated the sale of the building in early 2014 to a residential developer as the building lent itself to alternative use. This property is approximately 21,000 sq ft arranged over 5 floors and the eventual sale price was in the region of £1.7m.
WHR were instructed to sell this office building in Sale in South Manchester. The property is 5,000 sq ft with 23 car parking spaces and was brought to the market in a tough economy which required an innovative marketing approach. The building was again sold at the beginning of 2014 within a swift timescale for a price in excess of £130 per sq ft, which is a higher figure than any other disposal in South Manchester in 2014.
Client: Missguided Ltd.
Size: 42,000 sq ft
Description: Acquisition of freehold headquarters office facility
Date: SFebruary 2015
Size: 54,000 sq ft
Description: Acquisition of centrally located headquarters building
Date: October 2015