Agency FAQs

Published on: 19th April 2016

Q) What is a freehold property?

A) If you have a freehold property then it means you own the building and the land it stands on outright. Generally speaking a freehold property will have fewer constraints and is often higher in value.

 Q) What is a leasehold property?

A) A leasehold property will refer to a property that you will rent from a freeholder for a fixed time period. As tenant you effectively own the property for a fixed term but not the land on which it stands.

Q) What is a long leasehold property?

A) A long leasehold property gives you a right for a certain period of time to be in that property. This period is usually between 99 and 999 years.

The time on the lease reduces annually and will eventually run out, although it can be extended. Just like a freehold property the lease can be sold and bought at any time during the lease, but if the residue of the lease remaining is too small then then the property may be unsalable or the value may be dramatically affected.

There is a freeholder who owns the land upon which the building is constructed and has the right to collect a ground rent and service charge from any leaseholder in the building. The freeholder can also sell the ground rent on at any time.

Q)What is a service charge?

A) A service charge is an additional cost to the tenant that helps the landlord recover costs they incurred in providing services to a building; details of this will have been set out in the tenancy agreement. The charge tends to cover the cost of such matters as general maintenance, repairs and building insurance; if available the charges will also cover central heating, lifts, porters, lighting and cleaning of common areas.

Q) I'm looking to sell or lease a property, what should I do?

A) You can get in touch with us via the contact pages and one of our agents will be happy to discuss your requirements. We will then be able to develop an effective strategy based upon your specific needs.

Q) What types of property do you deal with?

A) At Sanderson Weatherall we have specialist teams in a number of different sectors. The types of properties we deal with therefore include but are not limited to retail industrial, office, leisure and residential properties.

Contact Us

Office Agency

Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country. Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage. Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business. Agency Disposals: Realistic marketing advice and methodology Comprehensive market knowledge and full research facilities Extensive enquiry database Innovative marketing ideas Appraisal of alternative uses with in-house town planning advice Agency Acquisitions: Obtaining a clear understanding of our client’s requirements and commercial objectives Comprehensive property stock search and identification of development opportunities Objective advice on the suitability of identified properties Negotiation of favourable terms Full back up service including structural surveys, planning advice and fitting out etc. Valuation and finance advice Development Consultancy: Thorough market research Advice on selection and appointment of consultants Undertaking of full financial appraisals and timescales Advice on optimum composition of development Assessment of deliverability Advice on specification and scheme layout End user knowledge   Contact Us

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Industrial Agency

Sanderson Weatherall’s team of expert industrial property agents provide specialist advice on the sale, acquisition, development, leasing and funding of industrial property across the country. With an in-depth understanding of the UK Industrial sector, including the logistics sector, and the factors that affect it, as well as extensive knowledge of the local and regional markets they deal in, the team offers pro-active market intelligence on emerging trends and opportunities for industrial property owners and occupiers alike. A large and varied client base includes investors, developers and occupiers. The specialism is supported by a broad range of additional services within the business. We act on behalf of manufacturers, logistics operations and financial institutions by offering strategic market advice on mixed use schemes, distribution, break ups, portfolios and single buildings. Contact Us

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Leisure Agency

Sanderson Weatherall’s experienced and qualified team of licensed and leisure property professionals specialise in the valuation, sale, acquisition, rent review, inventories, rating, surveys and licensing of pubs, hotels, clubs, guest houses, restaurants, night clubs, holiday and caravan parks, and leisure properties. Advising a number of developers, owners and occupiers across the UK, we value, survey or negotiate the rent on over 700 pubs, hotels, guest houses, clubs and restaurants each year, with an approximate overall value of £225m. We have wide-ranging experience of the sale and acquisition of licensed and leisure property working on behalf of both private and corporate clients, insolvency practitioners, brewers and banks. Contact Us  

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Retail Agency

Our principal retail agency services include: Shopping Centre, High Street and Out of Town Retail Consultancy Disposals Acquisitions Innovative Marketing Solutions Development Appraisal Monitoring of retail requirements and trends Strategic Asset Management Strategy and Investment Funding   Our client base is spread across a wide spectrum of retailers, developers, investors and retail property owners and occupiers. With an established team of experienced focussed professionals our offices cover the whole of England and Wales and the Scottish Borders. We have an enviable reputation in the market amongst our clients and competitors alike. Each and every one of our clients is very important to us. We strive to work in partnership with our client to achieve the best possible results. To understand our client’s business and objectives is of huge significance and importance to us. Our appreciation of local market conditions and national retail trends helps us to achieve the best possible solutions to our client’s property issues. We are committed to achieving an innovative and multi faceted approach to our marketing of client’s retail property utilising both technology in all its complex forms and personal and direct communication with potential targets. We understand retailers and retail property.

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Investment Agency

Working closely with our clients, Sanderson Weatherall’s investment team has the experience to offer appropriate, accurate and objective advice to help you make investment decisions in the office, industrial, leisure, medical and retail sectors. We have expertise in all of our regional offices providing full national coverage and we pride ourselves on our high quality of service tailored individually by project to our clients needs and always with personal delivery by a dedicated Partner contact. General Services: Acquisitions Disposal Financial Modeling Development Consultancy Appraisals Property Funding Portfolio Analysis Site acquisition & assembly   Contact Us

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Agency - sales & lettings

Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers. Our teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location. We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction. We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.   Contact Us

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