2019 – AVD – DON’T BE AN APRIL FOOL!

By jbc_admin

Believe it or not, the next important date in the business rates cycle is less than 6 months away! When the 2015 Rating Revaluation was postponed to 2017 it was as daunting as it was unprecedented in the modern system. 5 yearly revaluation cycles have been the norm since 1990. Fast forward to the present…

RECORD FIRST HALF FOR LEASE ADVISORY

By jbc_admin

The lease advisory department at Roger Hannah are reporting a record first half performance. The department have been expanding their network of deals and we are delighted to announce this has resulted in record growth. Having dealt with rent reviews, lease renewals, re-gears and lease acquisitions on behalf of clients throughout the UK, recently we…

What is a Jervis v Harris clause?

By jbc_admin

The term Jervis v Harris clause, stems from a prominent Dilapidations Court case in 1995. As a consequence of the Court’s decision, most modern day Leases contain a ‘self-help’ remedy for Landlords, when a Tenant is failing to maintain and repair a property in accordance with their contractual obligations under a Lease during the lease term. Such ‘self-help’ remedies are often referred to as a Jervis v Harris clause.

BACK TO GREY

By jbc_admin

RATING: VALUATION AND NEGOTIATION – (Art/ Science and Communication…time to relax CCA (Check, Challenge, Appeal) The valuation of property is never purely a science. Few properties could ever be described as identical and so it follows that the same valuation evidence cannot be applied directly to many properties without some form of adjustment and realistic…

BUOYANT NORTH WEST INDUSTRIAL MARKET CONTINUES TO SOAR

By jbc_admin

With a raft of speculative development either planned or underway, the NW industrial property market continues its upward trajectory as we begin 2020. Recent completions by the likes of Pin Property at Rugby Park in Oldham (60,181 sq ft) and by St Modwen at Stonebridge 52 in Knowsley (52,000 sq ft), the development pipeline is…

Rent Review Success

By jbc_admin

Acting on behalf of a Private Property Investment Company and owners of a number of trade counter and roadside investments, the Lease Advisory Department at Roger Hannah & Co has successfully completed negotiations for rent review purposes on two investment properties in the North West. We have successfully negotiated a rent review on a 3,500…

Bamber Bridge Mill Sold by Gorrie Limited

By jbc_admin

Roger Hannah, acting on behalf of Gorrie Ltd, is delighted to have completed the sale of a residential development site, comprising the former Bamber Bridge Mill, located just three miles from Preston Town Centre, the derelict site, which was demolished in 2015, has been granted planning consent for 196 new high quality homes and is…

Appointed Managing Agent of brand new Stockport Development

By jbc_admin

Roger Hannah have been appointed as Managing Agent of the brand new development of 10 Trade Warehouse units on Lingard Lane, Bredbury, Stockport – ‘Southfield 25’. The new development has already attracted well established names ‘Screwfix’ and ‘Northgate Vehicle Hire’ and offers premium accommodation with a high profile roadside position close to Junction 25 of…

Roger Hannah Get The Point

By jbc_admin

We have just been instructed to dispose of the landmark Cheetham Hill property known as “The Point”. The Point is a prominent 24,000 sqft detached three storey office and retail building constructed in 2009 and is currently let to a number of users including Habib Bank which currently produces a gross income of £255,000 per…

Redwing Takes Centre Stage

By jbc_admin

DBN Audile, the event lighting, sound and rigging experts have expanded to a larger facility in the North West’s prime industrial location, Trafford Park. The company has taken a new 10 year lease at the Redwing Centre, a quality 35,000 sq. ft. warehouse facility from Harbert European Real Estate. Julien Kenny-Levick of Roger Hannah who…