Services
Commercial Agency
Lease Renewals / Lease Advisory
Renegotiating a Lease is a business critical event. Getting the lease terms right can have significant benefits for Landlords or Tenants. Conversely, getting them wrong can result in potentially disastrous business consequences for Tenants and can also significantly affect covenant strength, income flow and investment value for Landlords. Lease structure, length, repair / renewal, redecoration obligations and notice requirements are all factors that affect the renewal process, as does the underlying rent agreed.
Timing is critical and we advise Clients to begin the planning process at least 6 to 12 months prior to Lease Expiry date. We employ a rigorous process to all lease renegotiations for either Landlord or Tenant and these processes provide excellent results.
Telecoms
Asset Management
We work with Landlords to maximise value from property assets. Particulary in times of economic uncertainity, Landlords need to strengthen relationships with their Tenants to help maintain good levels of occupancy whilst ensuring that property assets are delivering the returns on capital required.
We can assist by being aware of opportunities for example to regear leases, make improvements and in certain cases redevelop or dispose where appropriate.
Investment
We provide a bespoke service and expertise when advising on property investments. We are able to sell or acquire with the service tailored to meet our Clients' needs and the attributes of each investment. We will advise on values and future strategies including potential development or alternative uses.
McNicol Property Consultants are pro-active in managing your existing assets and investments to create added value.
Development
Other
GET IN TOUCH
- 0141 779 7741
- 07842 147 457
- 5th Floor
Standard Buildings
94 Hope Street
Glasgow
G2 6PHRegistered in Scotland SC398332