Our Property Sectors
With a wealth of experience our Retail Team advise both landlords and tenants from the Retail sector.
Working from multiple offices including one in Central London we have a diverse client base of owners and occupiers of retail properties, spanning the length and breadth of the UK.
At Brasier Freeth we recognise that no two clients are the same and that they can each have very different needs. 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
- Shopping centre leasing
- Lease advisory – lease renewals, rent reviews and lease re-gears
- Building surveying – pre-acquisition leasehold surveys and dilapidations
- Project management of retail fit-outs
- Valuations of retail properties
- Investment acquisitions and disposals
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 2,100 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.