Wakefield Office Sale

Published on: 12th June 2017

Acting on behalf of the Joint Administrators at BWC Business Solutions, our Asset Advisory team in Leeds has sold No. 18 Appleton Court at Calder Park, Wakefield to a private investor.

The 1,853 sq ft office building provides two floors of modern, mainly open plan accommodation and benefits from having 8 car parking spaces.

Neil Bestwick, a partner in our Asset Advisory team commented, “We’re pleased to have completed the sale of this office property which has generated a healthy level of interest given its suitability for both owner occupation and investment purposes together with its modern, well specified fit out.

 “Calder Park is a great location just off junction 39 of the M1 motorway and the sale has been completed in a relatively swift timescale, meeting the expectations of both the Administrators and the appointing lender.”

The property sold for the guide price of £200,000 and we understand the purchaser has already secured a tenant.

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June Deals Update

During May we were delighted to announce the appointment of three new shareholding partners. Christian Humphreys head of our asset based lending team, Matthew Lawrence head of our property management team and Mark Sheridan head of our Bristol office all became shareholders, bringing our total number to 28. With the holiday season fast approaching our North West asset advisory and recovery team completed the sale of three guest houses in Southport, a large seaside town in Merseyside on the coast of the Irish Sea. Across the Pennines, in Yorkshire we have recently brought a number of properties to market, including a Grade II listed building with development potential in Skipton and request for offers on an income producing office investment in the heart of Leeds city centre. In North Yorkshire our agency team sold a large 26,592 sq ft industrial unit in Castlevale Park, part of the Gatherley Road Industrial Estate in Catterick. In Bristol we have recently expanded our team with the appointment of Chris Howell as associate partner. Commenting on his appointment, Chris said, “I am delighted to be joining Sanderson Weatherall and look forward to developing both property management and agency services in the South-West.” Our building consultancy team recently helped provide St John’s the Evangelist Church in East Witton with a new lease of life thanks to repair and maintenance work carried out earlier this year.

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During May we were delighted to announce the appointment of three new shareholding partners. Christian Humphreys head of our asset based lending team, Matthew Lawrence head of our property management team and Mark Sheridan head of our Bristol office all became shareholders, bringing our total number to 28.

With the holiday season fast approaching our North West asset advisory and recovery team completed the sale of three guest houses in Southport, a large seaside town in Merseyside on the coast of the Irish Sea.

Across the Pennines, in Yorkshire we have recently brought a number of properties to market, including a Grade II listed building with development potential in Skipton and request for offers on an income producing office investment in the heart of Leeds city centre. In North Yorkshire our agency team sold a large 26,592 sq ft industrial unit in Castlevale Park, part of the Gatherley Road Industrial Estate in Catterick.

In Bristol we have recently expanded our team with the appointment of Chris Howell as associate partner. Commenting on his appointment, Chris said, “I am delighted to be joining Sanderson Weatherall and look forward to developing both property management and agency services in the South-West.”

Our building consultancy team recently helped provide St John’s the Evangelist Church in East Witton with a new lease of life thanks to repair and maintenance work carried out earlier this year.

[fulltext] =>

We have been particularly active in the North East with a number of deals completed and new instructions. In one of the largest deals last month our Newcastle agency team acted on behalf of Spectrum Business Park, in the letting of 27,000 sq ft across two floors of Spectrum 5 to new tenants Northumbrian Water. 

New instructions in the North East include a 7,181 sq ft modern industrial estate in Shildon’s All Saints Industrial Estate, County Durham, a small retail investment for sale in Darlington and a development site for sale in a prestigious residential area in Sunderland.

In recent weeks our asset based lending team have completed a number of jobs in a variety of sectors, including valuations for asset based lending purposes for a cosmetics company, Scotch Malt whisky distillery and a building &gardening supplies company to name a few. Click here to browse a collection of these recent jobs.

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Why use a property professional to advise on your office move?

Moving office can be a challenging and complex process. From pulling together your relocation plan, to finding the right property and negotiating your lease, there are many elements to an office move that you will need to get expert advice on. Appointing the right property advisor will help you save time and money on your office move, and allow you to stay focused on running your business. 

Read More....

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Moving office can be a challenging and complex process. From pulling together your relocation plan, to finding the right property and negotiating your lease, there are many elements to an office move that you will need to get expert advice on.

Appointing the right property advisor will help you save time and money on your office move, and allow you to stay focused on running your business. 

[fulltext] =>

Our local relocation teams are made up of experienced office agents, lease consultants, architects and building surveyors. Operating in the UKs major cities, they apply their local market knowledge to help you find the right space for your business, negotiate preferential terms, and unlock off market opportunities that you may have otherwise missed.

We can add real value to your new acquisition and minimise your costs in future years by certifying floor areas, advising on principal lease terms, such as alienation (creating flexibility should you need to move or sublet), rent review clauses and dilapidations.

Our RIBA certified architects and building consultants can advise on your fit-out and space planning, ensuring you acquire an appropriate sized office that works for your business. We’ll also help you design a space that inspires your employees, and advise on how modern ways of working can help you to reduce your overheads.

Once you’ve settled into your new office, we can then introduce you to our occupier team, who will help you keep your occupational costs to a minimum, including business rates, and provide on-going tenant consultancy whenever you need it.

Click here to read our seven step guide on how to make your office move a success.

Contact Us

 

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/news/22-blog/1132-why-use-a-property-professional-to-advise-on-your-office-move?layout=default&breadcrumb=noimage

Asset Advisory

With one of the country’s largest dedicated teams of surveyors and valuers, we have more than 25 years of experience in the corporate recovery and turnaround sector providing specialist advice on property, plant and machinery assets and corporate recovery and restructuring. Our teams react swiftly and effectively to all forms of recovery situations, whether these involve one local entity or multiple locations spread across a wide geographic area. We offer a full service from confidential, initial pre-formal insolvency appraisal, through formal valuation, to realisation of the assets via private treaty, tender or auction sale. Our partner led team act regularly as Fixed Charge and Law of Property Act Receivers, in relation to both property and plant and equipment. Contact Us

Read More....

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With one of the country’s largest dedicated teams of surveyors and valuers, we have more than 25 years of experience in the corporate recovery and turnaround sector providing specialist advice on property, plant and machinery assets and corporate recovery and restructuring.

Our teams react swiftly and effectively to all forms of recovery situations, whether these involve one local entity or multiple locations spread across a wide geographic area.

We offer a full service from confidential, initial pre-formal insolvency appraisal, through formal valuation, to realisation of the assets via private treaty, tender or auction sale.

Our partner led team act regularly as Fixed Charge and Law of Property Act Receivers, in relation to both property and plant and equipment.

Contact Us

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