Our Property Sectors
No two retailers are alike – it’s obvious but some Agents overlook it. At Brasier Freeth we recognise that our retail clients have very different needs and before we take an instruction we take time to get to know the people we are acting for and the rudiments of their business. We provide varying levels of support from one-off instructions to ongoing support on a retained basis. Services we offer to the sector include:
- Acquisition and disposal of retail properties
- Lease advisory – lease renewals, rent reviews and lease re-gears
- Building surveying – pre-acquisition leasehold and dilapidations
- Business rates advice for retail properties
- Valuations of retail properties
- Investment acquisitions and disposals
Brasier Freeth’s Retail Team acts for a diverse client base selling a variety of products and services from single-store occupiers to international retailers. Whether you are looking for high street stores, shopping centre units, out of town retail parks or property services for your existing stores, we can help.
One example of a multinational client whom the Team has acted for as a retained agent for over 10 years is Costa.
Case Study – Costa
Brasier Freeth was first instructed by Costa in 2004 to help with their ongoing retail expansion plans. Since that time Costa has developed into the UK’s leading coffee shop chain and is still one of the fastest growing retailers in the UK with over 1750 branches nationwide.
To date we have successfully acquired over 200 stores in the South East of England for Costa plus a number of high profile stores across the UK including Canary Wharf, Westfield Stratford, Birmingham, Oxford and Nottingham.
Our initial instructions were to unlock opportunities in affluent market towns in high footfall locations that could be suitable for a coffee shop. This soon became a very successful element of Costa’s growth strategy and we continue to support our client’s expansion plans as they seek to reach their target of 2,200 UK stores by 2018.
In addition to supporting their ambitious acquisition programme Brasier Freeth’s professional Lease Advisory team is now instructed to negotiate their lease renewals and rent reviews.