Commercial Management

MazeThe current tough economic climate and difficult conditions in the commercial property market create numerous challenges for landlords of commercial property, who are wishing to maintain their investment, preserve returns and maximise income security.  One of the key feature of the ownership of commercial property as an investment is good and effective `property management` andwe are report a significant increase in demand for their commercial property management services.

“The skills and expertise required in commercial property management are considerable and varied, in addition to being often very time consuming, and are totally distinct from management of residential property.  An increasing number of landlords are turning to us for advice and assistance in a wide variety of property matters” reported Kevin Underwood. He continued “Our considerable experience in commercial property of over 30 years individually and our diverse skill-sets are invaluable when dealing with the array of issues emanating from commercial property investment. Like most investments a degree of active and positive management is crucial to maintain and increase value of the investment and this is compounded at the present time by the touch economic conditions.  Some good percentage returns are being achieved compared with many other investments against the background of historically low interest rates but that is not the only consideration and a proactive and sensitive approach is needed for this to be maintained in the medium and longer term. Often, both landlord and tenant feel more comfortable with a `middle-man` in place.” 

“Our `hands-on” management approach and close liaison with our clients, ensures efficiency. This goes way beyond rent collection. Every client is different and so are their properties, therefore our service is designed individually according to the circumstances and our client`s individual requirements, be it of a larger portfolio or an individual property. Our approach is proactive and we are keen to develop good working relationships with tenants, ensuing good communications. Where required, we provide a variety of services including rent and service charge invoicing and collection, arrears management, Service Charge budgeting and accounting, dealing with tenant applications for assignments and alterations, ensuring tenant and landlord compliance with lease covenants and providing regular property management reports and can incorporate maintenance of buildings and services, calculation and management of service charges, insurance, enforcement of covenants.”

“Clients can hand over responsibility for all administration, liaising and reporting, leaving them to with considerably more time to concentrate on other areas of their business or enjoy their retirement. The service is cost effective and agreed according to the level of service required”.  

“In these difficult times it is clear that landlords are increasingly seeking professional help and expertise in dealing with their commercial property matters.” Kevin Underwood concluded. “We always pleased to hear from landlords to discuss their own property management requirements, always in the very strictest of confidence and without obligation, throughout the region”.

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