Portfolio Schedules of Condition
Instruction Synopsis Propitas were instructed on behalf of a client in the process of acquiring another business. As part of the transaction they required a record of the condition of 6 no. properties which were subject to existing occupational leases. The properties comprises 5 no. … Read More
Selecta UK NATIONWIDE PROPERTY PORTFOLIO
INSTRUCTION SYNOPSIS Back in 2011 our client was undertaking a strategic review of their business and a review of their current property stock formed part of this exercise. Propitas were instructed to undertake a part desktop and part site based review of 8 no. nationwide … Read More
PPM PORTFOLIO
INSTRUCTION SYNOPSIS Propinvest approached us to assist with their ongoing maintenance of a portfolio of 7 no. nationwide shopping centres. We met with the client to agree the brief, understand their aspirations, reviewed property information including surveys and previous maintenance budgets, set up an agreed … Read More
GLENEAGLES COURT, BRIGHTON ROAD, CRAWLEY
INSTRUCTION SYNOPSIS Propitas was originally instructed to prepare dilapidations assessments on ten small office units within this estate, which were all occupied by our client under the terms of various full repairing and insuring leases, which differed in term duration and obligation. Following close liaison … Read More
ALBANY GATE, DARKES LANE, POTTERS BAR
INSTRUCTION SYNOPSIS Appointed on behalf of the tenant, we were asked to defend a terminal dilapidations claim with an initial value in excess of £845,000. This circa 25,000 sq ft office building was occupied under the terms of a full repairing and insuring lease, being … Read More
Distribution warehouse, Avalon, Eastleigh
INSTRUCTION SYNOPSIS We assisted a local occupier during the leasehold acquisition in 2009 of a 100,000 sq ft distribution warehouse and offices. The property was a mixture of 1970’s and 1980’s linked warehouses, which were in a pretty poor state of repair. We undertook and … Read More