Case Studies

• Significantly Reducing Rates Liabilities
• Adding value through Facilities Management
• Fast track development enables important European contract wins
• Adding value and saving money
• Securing future value and flexibility
• Houses in Multiple Occupation
• Value Enhancement and Removal of Planning Restriction
• Residential Development
• Office Block Management
• Industrial Property Sale
• Commercial Property Portfolio
• Meeting Clients Investment Objectives
• An Old Master Brought Up to Date
• Seeing What's Best for the Business
• Up to the Challenge
• Thinking Ahead of the Game Pays Dividends
• Maximising Potential and Value
• A Little Bit of Digging Can Pay Dividends
• Development, Sale and Lease Back
• Rapid Disposal and Rent Uplift after Fire
• An Unexpected Windfall for Car Giant
• A Refit Under Budget & A Smooth Relocation
• Resolving a Logistical Challenge
• Recognising the Alternatives to Relocation
• Reducing Rates Liabilities by over 10%
• Green Belt Planning Permission
• Warehouse Refurbishment for Vitacress
• New HQ for The Royal Yachting Association
• New Build for Hyland Edgar Driver
• New Premises for Fastener Stock
• Property Acquisition for Compass Group

New Premises for Fastener Stock

Objective
Raising their company profile was the driver behind Fastener Stock’s decision to acquire new premises. The company distributes fasteners (bolts and screws) to the Aerospace and Defence markets and began the process of looking for significantly larger and more modern premises several months in advance of their actual need. This enabled Fastener Stock to consider units in the early stages of construction.

Service delivery
Vail Williams conducted a market search to identify properties meeting Fastener Stock’s requirement, short-listing suitable premises.

The search identified a 882 sq m (9,500 sq ft) warehouse in Uxbridge, near Heathrow, which was under construction and formed part of the first phase of Slough Estates’ new Riverside Way development. Vail Williams agreed terms on the unit for Fastener Stock, which included negotiating a £23,000 price reduction over 5 years.

We provided an advisory role in checking the lease agreement, focusing on issues such as Alienation and Rent Reviews. Vail Williams’ Building Consultancy team acted for Fastener Stock by observing the construction work on their new premises to ensure the specification met the company’s needs.

We also advised Fastener Stock on the sale of the freehold interest in their existing industrial premises in Slough.

Service Summary:

• Property search & acquisition
• Lease negotiation
• Build monitoring
• Advice on freehold sale