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
Recognising the Alternatives to Relocation
In managing Babcock International Group’s extensive property portfolio, we identified an upcoming lease break at an 18,874 sq ft office building in Gloucestershire occupied by their Nuclear Services division. We recognised that the building was under utilised with the upcoming lease break offering potential value. The Corporate Real Estate team advised they negotiate a new lease on more favourable terms for 2 out of the 3 floors currently occupied rather than acquiring smaller premises.
All negotiations with the landlord were handled by our team and the existing full repairing and insuring lease was re-negotiated to an internal repairing and insuring one. Terms were agreed, in which rental savings amounted to £550k alone over the 5-year life of the lease. Not to mention other significant savings on business rates and other occupational costs.
“We have found Vail Williams’ services invaluable. They are always highly professional, providing sound, realistic advice when it is needed, whilst at the same time remaining very approachable.”
At the same time, our Building Consultancy team was brought in to deal with a large dilapidations claim of over £390k. Close scrutiny of Nuclear Services’ true obligations and strong negotiating reduced this claim by over £250k. Compared with estimated relocation costs of around £360k, plus IT and management costs, as well as the ensuing disruption to their business, these results represented a significant monetary and commercial advantage to our client.
