Co-op appoints us as lease consultancy advisor for Yorkshire and North East region

Published on: 13th December 2016

We have been appointed by Co-op to provide lease consultancy services for its Yorkshire and North East region.

The firm’s remit will comprise the Co-op’s trading leasehold convenience store and funeralcare portfolio. The appointment means that we will now act as lease consultancy advisors for three of the mutual’s six UK property regions, the other two being the North West and Central and Eastern regions.

Alan Stell, Co-op’s national estates manager said: “Our food business is the fastest growing non-discounter in the UK and managing our portfolio of existing stores is fundamental to doing business in a better way for our members, customers and the local communities we serve. With our recently revised membership offer which includes giving 1% of own brand spend back to over 4000 community groups it is important to control costs in a competitive retail market.

“We have around 100 transactions taking place annually across the three regions that Sanderson Weatherall now handles for us. Due to this volume of activity, it’s vital that we have a lease consultancy team with expert market knowledge able to manage the scale of the work whilst also maintaining very high quality standards throughout. Having partnered with Sanderson Weatherall for the past eight years, we know they can deliver the standard of lease consultancy services required to enable us to actively manage our property portfolio.”

Earlier this year, we enhanced our nationwide lease consultancy service by expanding our office network across the UK. The lease consultancy division deals with rent reviews, lease renewals and lease re-gears on all types of commercial property throughout the UK.

The team is managed by Leeds-based head of lease consultancy, David Rastrick, supported by partners Fiona Rowland and Stephen Jefferies. Within our other offices the lease consultancy teams are led by Kim Murray in Manchester, Aidan King in Birmingham, Andrew Udall in London, Anthony Turner in Bristol and Shona Baxter in Newcastle.

David Rastrick, commented: “We’re delighted to provide our services to an additional region for Co-op. The team across our Leeds, London, Manchester and Birmingham offices are looking forward to adding real value to their operations across the UK."

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National lease consultancy service expansion

We are now able to offer clients an enhanced, nationwide lease consultancy service thanks to our expanding office network across the UK.  Our lease consultancy team deals with rent reviews, lease renewals and lease re-gears on all types of commercial property throughout the UK and is managed by Leeds-based head of lease consultancy, David Rastrick, supported by partners Fiona Rowland and Stephen Jefferies.  In Manchester the team is led by Kim Murray, with Aidan King in Birmingham, Andrew Udall in London, Anthony Turner in Bristol and Shona Baxter in the Newcastle.

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We are now able to offer clients an enhanced, nationwide lease consultancy service thanks to our expanding office network across the UK. 

Our lease consultancy team deals with rent reviews, lease renewals and lease re-gears on all types of commercial property throughout the UK and is managed by Leeds-based head of lease consultancy, David Rastrick, supported by partners Fiona Rowland and Stephen Jefferies.  In Manchester the team is led by Kim Murray, with Aidan King in Birmingham, Andrew Udall in London, Anthony Turner in Bristol and Shona Baxter in the Newcastle.

[fulltext] =>

Commenting on the expanded lease consultancy service, David Rastrick said: “Our ability to offer our dedicated lease consultancy service across our expanding office network is a real advantage to our clients.  We have a very experienced close-knit team which works very well together and our aim is to offer the same high quality of service to clients wherever they may be geographically.”

We are already reaping the benefits of the expanded team, with nationwide clients such as Speedloan Finance appointing Sanderson Weatherall to oversee its entire UK property portfolio.

David added: “The instruction by Speedloan Finance to review and restructure its Albermarle & Bond and Herbert Brown leasehold portfolio is a good example of collaboration between our regional offices and the lease consultancy teams working closely to offer a nationwide service.  We were able to deliver on a brief that covered 130 properties across the UK with great success and with the newly expanded office network in place we look forward to continuing to grow this offer.”

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Lease Consultancy

Sanderson Weatherall’s Lease Consultancy team are leaders in the field. We are expert negotiators in rent and lease terms for all forms of commercial properties across the UK. Our knowledge of the property market and experience in dealing with complex tenancy agreements allows us to deliver top results for you, no matter how big or small your business is. Our understanding of business and people also means we’ll work with you to achieve the best result, without damaging your relationship with your landlord or tenant. The Lease Consultancy team are able to offer: Lease Audits We will analyse your leases and identify, critical dates and liabilities leading to the creation of a comprehensive lease database. This will simplify your processes and avoid key dates and obligations being overlooked. Lease Renewals & Restructuring We will undertake a strategic review and inspection of your property portfolio and identify opportunities to rationalise or restructure leases, and reduce your costs by reviewing future lease events and potential liabilities. Rent Reviews We act on your behalf on the negotiation of rent and lease terms to obtain the best possible outcome. Dispute Resolution Our highly experienced lease consultancy team will represent you at Court and Arbitration and have a wealth of experience in the preparation of Expert Report and Replies to Independent Experts and Arbitrators. Members of the team are also frequently appointed by the RICS to act as arbitrators, Independent Experts and Mediators. Strategic Property Due Diligence Advice We provide detailed rental advice if you are considering acquiring property or businesses with existing leasehold liabilities. Contact Us

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Sanderson Weatherall’s Lease Consultancy team are leaders in the field.

We are expert negotiators in rent and lease terms for all forms of commercial properties across the UK. Our knowledge of the property market and experience in dealing with complex tenancy agreements allows us to deliver top results for you, no matter how big or small your business is.

Our understanding of business and people also means we’ll work with you to achieve the best result, without damaging your relationship with your landlord or tenant.

The Lease Consultancy team are able to offer:

Lease Audits

We will analyse your leases and identify, critical dates and liabilities leading to the creation of a comprehensive lease database. This will simplify your processes and avoid key dates and obligations being overlooked.

Lease Renewals & Restructuring

We will undertake a strategic review and inspection of your property portfolio and identify opportunities to rationalise or restructure leases, and reduce your costs by reviewing future lease events and potential liabilities.

Rent Reviews

We act on your behalf on the negotiation of rent and lease terms to obtain the best possible outcome.

Dispute Resolution

Our highly experienced lease consultancy team will represent you at Court and Arbitration and have a wealth of experience in the preparation of Expert Report and Replies to Independent Experts and Arbitrators.

Members of the team are also frequently appointed by the RICS to act as arbitrators, Independent Experts and Mediators.

Strategic Property Due Diligence Advice

We provide detailed rental advice if you are considering acquiring property or businesses with existing leasehold liabilities.

Contact Us

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Well, the UK's largest independent pharmacy business re-appoint us for lease consultancy services

Well, the UK’s largest independent pharmacy business, has re-appointed us to provide advice on its 165 northern branches. Manchester-based Well, formerly known as The Co-operative Pharmacy, has renewed the relationship, that began six years ago.

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Well, the UK’s largest independent pharmacy business, has re-appointed us to provide advice on its 165 northern branches.

Manchester-based Well, formerly known as The Co-operative Pharmacy, has renewed the relationship, that began six years ago.

[fulltext] =>

 The re-appointment follows the organisations’ partnership lapsing due to The Co-operative Pharmacy’s purchase in October last year for £620m by London-based multinational family-owned company Bestway Group. A six-month transition period followed the sale, during which the pharmacy organisation was advised by its vendor The Co-operative Group.

Our renewed service to Well will be delivered by our lease consultancy experts and will cover matters such as renewals and rent reviews, plus the provision of ad-hoc advice. It will be supplied from our offices in Manchester, Leeds and Newcastle.

Meredith May, national property manager, Well, said: “We’re delighted to be working with Sanderson Weatherall again because we built up a good relationship and developed a very effective partnership with that organisation previously. In a nutshell, the firm has shown that it understands who we are and what we’re about.

“Our business is currently going through a period of rapid change - in addition to the transfer of ownership, we acquired Care4U, a pharmacy chain employing 70 staff at seven sites in Devon, during February, for example. It’s therefore all the more important for us to work with suppliers we know we can trust and Sanderson Weatherall certainly fits that bill.”

Well now has over 780 branches and more than 7,000 employees across the UK.

David Rastrick, partner in our lease consultancy team, said: “We’re very proud of our long-standing relationship with The Co-operative Pharmacy and are now looking forward to delivering a range of benefits to Well at this interesting and exciting time for the organisation, which operates in a highly competitive market.”

Contact Us

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