London Landed Estate – 10 mixed use properties
Retail & Leisure
On 1st September 2023, the Property & Asset Management team took over a portfolio of 10 mixed use (office, residential & retail) and residential only properties at short notice, which had been neglected by the previous managing agent. The residential elements are all sold off and require consultation for major works.
We immediately reviewed all health & safety compliance information to find, in most cases, certain risk assessments or inspections had not been undertaken by required deadlines, including Lifting Operations and Lifting Equipment Regulations 1998, asbestos re-inspections & electrical installation condition reports. The leaseholders were also feeling neglected as major projects such as internal and external decorations had not been progressed for some time. To compound the issues the key people at the previous managing agent had all left the business, so handover was minimal.
Working with the client, we are compiling a schedule of issues and works required with costs across the portfolio, categorised into urgency. Communication with the leaseholders is key and we will be ensuring all leaseholders receive regular communications with updates.
We are working with the building surveying team to ensure we have up to date costings for major works and can embark on the formal consultation procedures with the residential leaseholders.
We are also reviewing all the service charge budgets to ensure they have been set up correctly by the previous managing agent and any contractors/contracts are suitable for the sites and are providing best value.
Our track record
Stadium Holdings Ltd
1 Olympic Way, Wembley
Neighbourly Matters advice for a 7-storey extension to provide student accommodation
12,000 Stock Condition Surveys – Yorkshire Housing
Appointed by Yorkshire Housing via the Fusion21 Framework to complete 12,000 stock condition surveys over a 3-year period
Kruton No. 2
9-12 Middle Street, Brighton
Appointed as Employer’s Agent on new build commercial project.
Acquisition for Kwik Fit, Atex Business Park, Stowmarket
Instructed by Kwik Fit as national retained acquisition agents
Affordable housing provisions for a mixed-use scheme, Balham
Provided a detailed FVA, development advice and affordable housing strategy
Affordable Housing valuation for a mixed use scheme, Garratt Lane, Wandsworth
Development Consultancy advice to support a planning application for a mixed use scheme
London and Regional
Albert Island Redevelopment
Providing Cost Management & Quantity Surveying services on an exemplar industrial intensification project
Aldersbrook Baptist Church
Aldersbrook Baptist Church, Wanstead
Sale of church hall and provision of cost advice regarding development and refurbishment of church.
Ropemaker Properties Limited
Alfa Laval Tower, Brentford
Assessed the financial viability of the scheme for a planning appeal