INDUSTRIAL SECTOR SPECIALISTS
Bradley-Mason LLP have a wealth of experience in the industrial sector where we advised both Landlord’s and Tenant’s on the acquisition, refurbishment and disposal of a wide variety of warehouses, factories and industrial premises.
By combining our Building Consultancy and Project Management skills with other specialist in-house services including asbestos, design, building pathology, fire and dilapidations advice we were able to quickly assess the overall condition of the property, the risk posed to our clients, whether they be an investor or potential occupant and ensure that their interests are protected during either acquisition or occupation of the site.
TENANTS AND CORPORATE OCCUPIERS
We act for a number of clients who have a variety of industrial premises as part of their mixed portfolio, including retail clients who operate from a number of distribution centres, clients who have manufacturing serve their operational requirements.
Examples include: –
Dixons Carphone – Both the acquisition and due diligence through to the disposal and dilapidation negotiations on a number of distribution centres throughout the UK.
TJX Europe – Under their TK Maxx brand we have been involved in the exit from two substantial distribution centres in the UK. In Rochdale we negotiated the works arising from an original Landlord’s claim of £1.1 M to achieve full sign off at a spend of £350,000. More recently we have implemented Dilapidations at a substantial distribution centre where again works are implemented to a cost of almost £2M, to provide a saving of over £1.5M.
Toolstation – We undertook the Acquisition Survey of a second national distribution centre in Redditch which lead to the £2M fitout of the installation. More recently we have been involved in the acquisition and fitout of a third proposed distribution centre in the North West of England.
Mamas and Papas – We were instructed to prepare a Vendor’s Survey of the substantial manufacturing and Head Office facility in Huddersfield which included over 400,000 sq ft of space. We prepared a Vendors Survey and an extensive Schedule of Condition which formed part of a sale and leaseback of the site.
View our Industrial Case Studies
LANDLORD AND OWNER OCCUPANTS
We have advised a number of Landlord’s, property companies and owner occupiers on the purchase and refurbishment of industrial sites throughout the UK. Acting for The Skelton Group we undertook a substantial refurbishment of some older industrial premises in Birmingham as part of an Agreement to Lease to Unipres, who were developing a bespoke manufacturing facility for the production of pressed car body parts. A fast-track contract was adopted to meet the Tenants tight timescale and the project was delivered on time and in budget.
Dilapidations on older industrial sites can often be difficult and lengthy disputes can arise. Acting for the Landlord of a dilapidated factory in Birmingham we were able to utilise a “self-help” provision in the Lease which allowed the Landlord to serve a Repairs Notice within the last year of the Term and forced the Tenant to implement works. This approach lead to an early surrender of the Lease with a substantial monetary sum to cover Dilapidations which allowed the Landlord the flexibility in disposing of the site.
We have acted for a number of industrial clients looking to acquire premises for owner occupation including a 15,000 sq ft office and manufacturing unit for Salts Healthcare and a substantial dilapidated factory premises in Birmingham for Abstrakt Packaging.
A testimonial from one of our Industrial clients
“Thanks for the photos, it looks great. I look forward to confirmation that we will have full recovery from the other side hopefully later this week. Thanks for some excellent work here. I will certainly use BM on other jobs in the future”
Andrew Mills – Smith Nicholas