more than meets the eye - Prop-Search · business to business sales for 20 years and building up an...

more than meets the eye

commerc ia l property so lut ions

Northampton • Wellingborough • Milton Keynes

introduction....................................3

our team......................................4-5

professional services.....................6

agency services...........................7-9

management services..................10

clients...........................................11

testimonials............................12-13

services........................................14

contents

providing commercial property solutions2

NORTHAMPTONSHIRE

MAKER2011•2012•2013

providing commercial property solutions

specialises in providing holistic advice on commercial property, including general agency (acquiring, letting & selling), development, investment, rating, rent review, valuation, building surveying, building insurance and property management through .

The name is obvious, the logo distinctive, the website extremely easy to use and the internal systems within the company fine-tuned to quickly respond to enquiries. The key factor offered by Prop-Search isn’t just the range of property services available, but the way we deliver them.

Traditionally, property agents focus on their client base, giving applicants less attention. We differ in that we focus heavily on applicants and their specific requirements. After all, if a property is empty then the most important issue is to secure a suitable occupier for it.

The internet is fast becoming the favoured medium for searching for commercial property and Prop-Search is focused on making life easier for applicants.

We have staff dedicated to qualifying visitors to our website on a daily basis. We endeavour to contact every person who registers on our website within 48 hours to see if they are interested in an appointment to view – if they are not, then we try and establish what they didn’t like and what they are looking for, so that we can offer alternatives. If we can’t help, we keep in touch.

We have a long history of success utilising our outstanding expertise and unrivalled market intelligence. Our dedicated professional team have over a hundred years of combined regional market experience acting for a wide range of public and private sector clients including investors, developers, major funds, Local Authorities and occupiers.

Since the mid 1980’s as individuals we have been involved in the development and disposal of millions of square feet of commercial property across Northamptonshire. In terms of the wider range of professional services we offer, our team has handled over 1,500 rating appeals, over 1,250 valuations and over 700 rent reviews/lease renewals within in the region.

Our performance has been reflected in Prop-Search being recognised by Estates Gazette (EGi) as the Most Active Agent in Northamptonshire in 2013, having sold or let more commercial property than any other agent in this region. In addition, a member of the Prop-Search team has received the EGi ‘Dealmaker of the Year’ award for three consecutive years (2011 – 2012 - 2013).

With offices in Northampton, Milton Keynes and Wellingborough, Prop-Search is well placed to service the East Midlands Commercial Property Market – our staff are experienced, enthusiastic and innovative. We pride ourselves on offering clear, accurate, straight forward and honest advice – and we know our market backwards.

www.prop-search.com 3

Simon started his commercial agency career with Wilson & Partners in 1987. He stayed with the company through its evolution into Connell Wilson, working in London Docklands between 1991/93 and then l a t e r h e a d i n g up the North Northamptonshire

region for Lambert Smith Hampton. He joined Underwoods as a Partner in 1998 subsequently co-founding Prop-Search in 2008.

Simon was invited to be an Ambassador for Northamptonshire in 2011 and has Chaired Wellingborough Town Centre Partnership for a number of years.

He specialises in advising on commercial property development, investment and agency.

Ian joined the surveying practice of Lambert Smith Hampton ( then Connell Wilson) in 1989 working his way up the corporate ladder to become a Director and Head of its Industrial and Logistics department in Northampton.

In 2012 Ian joined Prop-Search as a Director where he

jointly heads up the Northampton office.

Ian has over 25 years valuation and agency experience and with expert market knowledge, he is able to provide clear pragmatic market driven advice.

He deals with a wide range of agency and professional work on behalf of a range of developers, local authorities, institutional fund and occupier clients.

C h r i s j o i n e d Underwoods in 2000 as an agency surveyor, having worked in business to business sales for 20 years and building up an enviable working knowledge of the Northamptonshire business community. In recognition of being a key member of the business space team, he was promoted to an Associate Partner in 2006. In 2008, Chris co-founded Prop-Search with Simon Toseland.

In 2011, he was crowned EGi dealmaker of the year for Northamptonshire, having sold or let more commercial properties than any other agent.

Chris specialises in industrial and office agency and is currently a director of Wellingborough Golf Club.

Richard started his career as a graduate surveyor in the City office of GVA Grimley (now GVA) in 1999.

In 2004 Richard moved home to Northamptonshire and joined the Industrial and Logistics team at the Northampton office of Lambert Smith Hampton, progressing to Director and played a key role in the development of the business across the region.

In 2012 Richard joined Prop-Search as a Director where he jointly heads up the Northampton office and specialises in all sectors of the commercial property agency - both disposals and acquisitions.

Chris Billson

Richard Baker MRICS BSc (Hons)

Simon Toseland

Ian Harman MRICS BSc (Hons)

Director

Director

Director

Director

our team


S a m a n t h a h a s detailed knowledge o f commerc ia l property amassed over 20+ years – and has played a key role in business space agency (industrial, office, retail, and licensed and leisure property). She joined the surveying practice of Lambert Smith Hampton

(then Wilson & Partners and latterly Connell Wilson) in 1988 and prior to joining Prop-Search in 2010 worked for Underwoods. Samantha is also a Director of the Wellingborough Town Centre Partnership.

In 2012 and 2013, she was crowned EGi dealmaker of the year for Northamptonshire, having sold or let more commercial properties than any other agent.

David started his property career as an assistant surveyor with British Gas, then joining Whitbread as an Estates Manager responsible for the Thresher portfolio and Costa Coffee. In 2002 he became the Estates & Facilities Director for First Quench Retailing Ltd responsible for a portfolio of 2000 trading properties as well as both commercial & residential sub-let estates. In 2006 David was recruited as an interim Estates Manager by the Borough Council of Wellingborough, responsible for substantially increasing rental income through the active management of a number of industrial estates. He joined Prop-Manage in 2011 as Head of Management.

Rosie joined

Prop-Search

in 2009 and is

r e s p o n s i b l e

for web-site

management

i n c l u d i n g

contacting all

applicants in

order to qualify their interest.

She also works closely with

David Robbins on Prop-Manage

instructions including rent collection

and reconciliation, administration

of service charge obligations, and

preparation of revenue and expense

summaries.

After nearly

2 0 y e a r s

working in

administration

& management

Sue moved to

Prop-Search.

com with the

opening of

the Northampton office to become

office manager. Sue is responsible

for the day to day running of the

Northampton office including

website enquiry management,

administration and accounting.

Rosie Bowers

Samantha Jones MCIPR MCIJ David Robbins MRICS BSc

Agency Surveyor Head of Property Management

Administrator

Sue Harman

Dawn joined Prop-Search at the

Northampton office in 2012. Dawn

is responsible for website and office

administration. She has a great deal

of experience in working within the

property industry, having previously

worked as a senior secretary for Ian

Harman whilst at LSH.

Dawn Cross

our team

Northampton • Wellingborough • Milton Keynes 5

Administrator Administrator

professional services

providing commercial property solutions

It’s never been more important to take the best professional advice. We provide clear uncomplicated market driven advice whether you are an occupier or an owner. The combined experience of our team (as outlined in the previous pages) means that the advice we provide is backed up with a wealth of detailed market knowledge built up over a working lifetime from real deals done by us – not just third party hearsay.

6

Planning

• Burton Latimer, Northants

• Acting as consultant as part of the planning team for this 90 acre commercial site

• A planning application is to be submitted in mid-2013

Rating• Wellingborough,

Northants

• 163,000 sq ft factory

• Rating appeal - £88,000 saving agreed on behalf of tenant

Lease Renewal

• Wellingborough, Northants

• 24 unit / 76,000 sq ft industrial estate

• New 25 year head lease renewal agreed on behalf of Threadneedle


agency services

• Northamptonshire

• Re-Development of 7.6 acre redundant industrial site

• New B&Q Superstore and six retail units to Dunelm Mill, Marks & Spencer Simply Food, Pets At Home, Carpets 4 Less, Dreams Beds and Pizza Hut


• Sale & Leaseback of New 312,000 sq ft European Headquarters / Distribution

• On behalf of Belkin Ltd for £22 Million on a new 15 year lease at £1,513,000 p/a excl.

• Brixworth, Northants

• Acquisition and break up / onward sale of the former Mercedes Benz HighPerformanceEngineering complex, part of the Vodafone McLaren F1 Team and Mercedes Benz F1 Team facilities.

• 7 Buildings totalling over 84,000 sq ft on 10 acres.

As a team, on average, we deal with over 3,000,000 sq ft of commercial property transactions a year. Over the last 25 years we’ve been involved in several thousand agency transactions. Whether a small village shop or a large mixed use Business Park / Industrial Estate, we pride ourselves on devoting the same care and attention to all of our customers – whether client or applicant. The simple fact is that people are the most important factor in any property deal.

agency services

• Cransley Park, Kettering

• Consented 32 acre site

• Prime location at Junction of A14/A43

• Mixed use employment for up to 400,000 sq ft of office, industrial, warehousing, hotel and ancillary uses

• Manton Park, Corby

• Consented 23 acre site

• Mixed use employment site for factory, warehousing, factory outlet, motor dealership and offices

• Design and build/land sales available

• Tripark, Corby

• Acquired for clients

• Three plots of 3.17 acres, 10 acres and 4.55 acres

• Suitable for a variety of commercial uses

Northampton • Wellingborough • Milton Keynes8

agency services


• 250,000 sq ft multi-unit industrial complex

• Agency services covering 150 units on a site of approx 20 acres

• Over 95% occupancy rate

• Crown Park, Rushden, Northants

• Acquisition & development / agency services of some 370,000 sq ft on a 40 acre site

• 60,000 sq ft food retail store & petrol filling station (Waitrose)

• 117,000 sq ft manufacturing unit

• 30,000 sq ft DIY store

• 40,000 sq ft office headquarters building

• 120,000 sq ft in 10 other buildings


• Major 125 acre mixed use development scheme providing for approximately 500,000 sq ft of high quality commercial / employment space as well as 600 houses and associated community facilities.

• Prop-Search is working with Hampton Brook Ltd in the preparation of planning, advice concerning the commercial property mix , agency and investment disposals.

providing commercial property solutions 9

management services

www.prop-manage.com

Like agency, successful property management relies on good communication.All too often letting agents simply pass on property management to a management department and then forget about the property / occupier – moving on to the next deal. is different. Working closely with our agency team, Prop-Manage maintains regular contact with landlords & tenants with the purpose of ensuring a closer working relationship between all parties, maintaining landlord / tenant relationships and allowing the management team to address both positive and negative issues that arise in these uncertain times. Below are a selection of properties currently being managed by us.

• Local Centre - Northampton• 21,000 sq ft multi-let/use local

centre• Circa 20 tenants• Full management including rent

collection

• Office Park - Kettering, Northants• Development of 18 office units

totalling over 33,000 sq ft• Multi-let• Full management excluding rent

collection

• Town Centre Offices• 22,000 sq ft landmark office

building• Multi-let - six tenants• Full management excluding

rent collection

• Office Park - Wellingborough• Development of 18 office units

totalling over 25,000 sq ft• Multi-let• Full management excluding

rent collection

10

some of our clients

Northampton • Wellingborough • Milton Keynes

FrenburyDevelopments Ltd

11

Our philosophy is that if you deliver what you agree, no one can complain. We retained Prop-Search to act for us in the break up and sale of the former Mercedes Benz HighPerformanceEngineering facility (part of the Vodafone McLaren Mercedes F1 partnership) at Brixworth in Northamptonshire. Prop-Search not only delivered what they promised, but exceeded this through an inherent understanding of our goals and aims, leading to a very successful conclusion, ahead of schedule and in a difficult market. Five separate deals were concluded within 12 months from our date of purchase, with adjoining owners, commercial concerns and volume house-builders.

Gary Leigh Company Director Marlinspike Limited

Prop-Search has provided our company group with an unparalleled, totally committed and professional service within the commercial property sector. What makes Prop-Search exceptional is their dedication to serving the best interests of their client at all times, coupled with a uniquely honest and straight forward approach to issues. I would have no hesitation in recommending them to others in this market.”

Tom Dormer TD. BA. CMD. Managing Director YDP Limited

We have known Simon Toseland and his team for many years and have worked with them successfully on a number of schemes and projects.There is no doubt that in the area in which they operate they are market leaders and know exactly what is happening within their patch. We look forward to working with Simon and his team for many years to come.

David KeirExecutive ChairmanRoxhill Developments Ltd

Our long relationship with Prop-Search and its team is built on a deep understanding of each other’s business and a like-minded attitude to delivering solutions. This ensures a strategic and operational approach to our client’s property work aligned to their business needs. In my experience Prop-Search market knowledge, diagnosis and execution is first rate.

Andrew WinfieldPrincipalEMW Law LLP

testimonials


Northern Trust Company Limited has worked with Prop-Search for a number of years on our 250,000 sq ft of industrial assets in Northamptonshire. The team has successfully generated leads which have led to lettings and we are confident that with their business ethic, our working relationship will continue over the of years to come.

Tom ParkinsonDirectorNorthern Trust

Simon Toseland and his team have advised Ashtenne on several sales instructions as part our wider disposal programme over the last few years. In each case these have been non-core assets presenting their own unique challenges, within an equally challenging market. In this environment, Prop-Search has always provided clear strategic advice, based on their extensive experience and excellent contacts within their chosen markets. Crucially though, this advice has always then been backed up by the results they have achieved.

Jonathan Gardner Regional DirectorAshtenne

We have worked closely with Ian Harman on various Strategic Employment Land Studies for the public sector. With over 20 years’ experience in the Northamptonshire property market Ian’s detailed knowledge of the regional commercial property market is unrivalled.

Richard CoburnW.S.Atkins

Ian Harman is one of those individuals with an encyclopedic knowledge of the commercial property world. He commands respect within his sector as an able negotiator and deal maker, and can always see the bigger picture. I have worked with him on a variety of land and property schemes over about 10 years and would recommend him as intuitive and tenacious, as well as entirely committed to his clients and, most importantly, he delivers.

David O’Neil Managing DirectorNortoft Ltd

We have worked with and employed the Prop-Search team for over 15 years and find their detailed knowledge of their operational markets second to none. The advice we get is clear and accurate. We would strongly recommend their services.

Selwyn MidgenDirectorDonington Investments Ltd

testimonials



• Management – Incl. Rent Collection

• Valuation

• Rating Appeals

• Rent Reviews / Lease Renewals

• Energy Performance Certification

• Legal Consultant Services

• Accounting Consultant Services

• Planning Consultant Services

• Strategic land assembly / development for both the public and private sectors

Ian Harman has nearly 25 years experience in key public sector consultancy

projects across Northamptonshire, including –

• COPELA - Northamptonshire commercial property and Employment Land Assessment Studies (2006).

• SELA – Strategic Employment Land Assessment for Northamptonshire (2009).

• Kettering Employment Land Study – (2005)

• East Northamptonshire Employment Land Study – (2006)

• Wellingborough Employment Land Study – (2006)

• SHLAA – Strategic Housing Land Assessment (2009)

• Building Surveying / Project Management

• Residential Development and land Sales

• Leisure / Licensed / Hotel Industries

services

As well as providing traditional agency advice on Selling, Letting, Acquiring and Development, also provides additional consultancy services including:

A full management service is provided through and has a wealth of consultants specialising in a variety of services including:

Licenced To Sell

WellingboroughNorthampton

14 QueensbridgeNorthampton NN4 7BF

Venture Court, 2 Debdale Rd Wellingborough NN8 5AA

Milton Keynes

Luminous House, 300 South RowMilton Keynes MK9 2FR

Sales • Lettings • Warehousing • Industrial • Offices • Retail Investments • Management • Rating

Lease Renewals • Rent Reviews

commercial property agents


WELLINGBOROUGH NORTHAMPTON

Venture Court

2 Debdale Rd

Wellingborough

NN8 5AA

14 Queensbridge

Northampton

NN4 7BF

MILTON KEYNES

0845 388 2468

PROPERTY MANAGEMENT

Luminous House

300 South Row

Milton Keynes

MK9 2FR

Venture Court

2 Debdale Rd

Wellingborough

NN8 5AA

Registered Office - Venture Court, 2 Debdale Road, Wellingborough, Northamptonshire NN8 5AA Reg. No. - 6876373 registered in England and Wales

www.prop-search.com

NORTHAMPTONSHIRE

MAKER2011•2012•2013

more than meets the eye - Prop-Search · business to business sales for 20 years and building up an...

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