News

20 August 2018

Bedford Point – multi-divisional versatile service

Bedford Point is a 13,115 sq ft self-contained office building in central Croydon.



SHW were recently instructed in a number of varied ways – namely to fill it; look after it; represent the landlord in leasing matters and finally to sell it.

 

  • Our Professional Department were instructed to act for the Landlord during lease renewal and interim rent matters with the previous tenants who subsequently vacated the building
  • SHW Building Consultancy prepared and negotiated a dilapidations claim with the outgoing tenant, reaching a good settlement for the client under demanding timescales
  • Our Business Space team let the whole building to a single occupier at a rent of £27.50 per sq ft
  • SHW’s Investment Department subsequently sold Bedford Point jointly with Chris Freer-Smith Ltd at an all-risk yield of 5.8%

 

Client Michael McGinn said: ‘SHW combined excellent market knowledge with professional application to provide me with a complete service package for Bedford Point – from the interim rent settlement right across to the eventual freehold sale. I have been extremely satisfied with the service received and would have no hesitation to use SHW again in the future.’

SHW Business Space Director Holly Purvis said: “We have the capability to offer a one-stop corporate property service for those who require it – and have a track record of delivering on every level across Agency, Building Consultancy, Lease Advisory, Management and much more.”

 

Contact:
Holly Purvis

hpurvis@shw.co.uk

020 7046 6184


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