Track record
Proactive cost mitigation for a national retailer
Private Client
Delivered cost mitigation for a portfolio of circa 500 UK retail outlets
Property Management
Strategic Asset Management
Investment
Lease Advisory
Service
Retail & Leisure
Industry
Adam de Acetis
The project
Rapleys delivered cost mitigation for a portfolio of circa 500 UK retail outlets with a total service charge liability of £20m. Our objectives were to mitigate property overhead and to identify and manage statutory liability and risk.
Our solution
- Complete data audit providing a clear understanding of occupational cost liability
- Detailed review of occupier costs including benchmarking based on location and property specification, alongside initiative-taking engagement with landlords and agents resulting in an annual saving of circa £3m
- Full review of leases and occupier liabilities, identifying and controlling statutory obligations for both landlord and occupier, minimising corporate risk
- Implementation of a cyclical robust process to review all the above on an on-going basis.
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Key contacts
Gain national and local expertise through our multidisciplinary teams of experts.
Our track record
Stadium Holdings Ltd
1 Olympic Way, Wembley
Neighbourly Matters advice for a 7-storey extension to provide student accommodation
Yorkshire Housing
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.
Kwik Fit
Acquisition for Kwik Fit, Atex Business Park, Stowmarket
Instructed by Kwik Fit as national retained acquisition agents
Bernard Construction
Affordable housing provisions for a mixed-use scheme, Balham
Provided a detailed FVA, development advice and affordable housing strategy
Higgins Homes
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
Orchard Street Investment Management
Altrincham Retail Park expansion
Secured planning permission via a Section 78 appeal