£3 MILLION OF COMMERCIAL PROPERTY TO BE AUCTIONED IN FEBRUARY

By jbc_admin

80 lots are to be offered at Auction House Manchester’s next event on Tuesday 2nd February at the usual venue, Manchester City Football Ground, The Etihad Stadium, Sportcity, Manchester, M11 3FF. The auction includes many commercial and investment lots introduced by Roger Hannah, bringing the value of commercial lots to be offered to £3m. The…

INVESTMENT DEPARTMENT SELL £1.6M OF INVESTMENT PROPERTY IN DECEMBER

By jbc_admin

The Investment Team had a successful run up to Christmas 2015, by successfully disposing of two significant investment properties in Blackburn and Whitby. The Blackburn property comprised a prominent trade counter unit producing £61,000pa and sold for a net yield of 6.9%. The property in Whitby being a Grade II listed block of 6 no.…

Landlord and Tenant 3rd Quarter Results 2015-16

By jbc_admin

During the period June – September Roger Hannah & Co’s L&T Department have completed in excess of 27 lease renewal and rent reviews on behalf of retained clients and have achieved an overall increase in rental of 16.15% these impressive results come on the back of first quarter results of 13.5%. If you are a…

Roger Hannah & Co Christmas Property Pop Quiz

By jbc_admin

A very Merry Christmas from Roger Hannah & Co.

Supreme Court confirms that a term requiring the landlord to repay rent for a period after a break date will not be implied into a lease.

By jbc_admin

The Supreme Court in M&S v BNP Paribas has firmly shut the door on tenants which have successfully operated break clauses and wish to claim back rent they have paid in respect of a period after the break date. The Supreme Court has confirmed the Court of Appeal’s decision and given certainty that, without express…

Nationwide Managed Portfolio of 2015

By jbc_admin

The Property Management Department at Roger Hannah & Co have been successful in agreeing management contracts with many new Clients throughout 2015. We have successfully ‘taken on’ the management of additional properties from some of our existing Clients where we have achieved a mutual confidence by comprehensively advising on their original instructions. This action, coupled…

CRAR one year on…

By jbc_admin

The new CRAR regulations were introduced in April 2014. Initially there were some concerns amongst Landlords and Managing agents as to the impact the new regulations would have on their ability to collect outstanding Rents. One of the main concerns was that Landlords would not be able to instruct Enforcement Agents to collect Service charges…

High Speed 2 Update December 2015

By jbc_admin

On 30th November the Government and HS2 Limited confirmed the route of Phase 2 from Fradley in Leicestershire to Crewe in Cheshire and issued safeguarding directions for what is referred to as Phase 2a. This step follows the Chancellor’s announcement last week that the route from the West Midlands to Crewe will be opened six…

Roger Hannah appointed to Market Fisheries & Catch 23 Cafe on site of 55 acres.

By jbc_admin

Roger Hannah have been appointed to market a well-established fisheries and modern restaurant/café in Carnforth, close to the Lake District for £1m. The fishery sits on 55 acres with 9 well stocked fishing lakes and the award winning restaurant/coffee house, The Catch 23, which was completed in 2012 to a high standard. The site at…

Neil O’Brien Elected as a Member of the Pyramus & Thisbe Club

By jbc_admin

Neil O’Brien Elected as Member of Pyramus & Thisbe Society Neil O’Brien, Director of Building & Project Consultancy, has duly been elected as a member of the North West Branch of the Pyramus & Thisbe Society. Party Wall matters continue to be an increasing workload for the team and as such, membership of such an…