York Minster appoint Sanderson Weatherall to manage property investment estate

Published on: 24th April 2015

We have been appointed by the Chapter of York to manage the entire property investment portfolio of York Minster. 

We will manage all of York Minster’s commercial and residential property holdings and provide a comprehensive range of property management services. The appointment is for a term of five years and commenced in January 2015.

The Minster’s portfolio includes around 35 residential and commercial properties surrounding the magnificent York landmark, all in highly desirable locations on High Petergate, Low Petergate, Minster Gates, Precentor’s Court and Minster Yard.

The commercial estate includes prime city centre shops, cafes, restaurants, galleries and a guest house.

The Very Reverend Dean of York, Vivienne Faull, said: “We were really keen to develop a new approach to our property portfolio. Sanderson Weatherall brings enthusiasm and initiative as well as a wealth of property experience in Yorkshire, which makes it the ideal partner agency for us. Re-letting of two of the units has already commenced.”

We have been tasked with financial management of the portfolio as well as property management, including handling building maintenance and surveying. We will also deal with agency lettings, acquisition and disposal, negotiating business rates, reviews and renewals and acting as general consultants.

Our partner in corporate real estate, Andrew Ellis, said: “This is a hugely prestigious property account and is testament to our ability to provide clients with a service that is not only highly professional but inventive. Our broad experience in both commercial and residential property means that we have the expertise necessary to ensure that the York Chapter’s property portfolio is well-managed and hardworking.”

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Corporate Real Estate

Sanderson Weatherall offers a “one stop shop” for the corporate occupier, providing them with a single point of access to a fully co-ordinated range of skilled and specialist services. This can range from undertaking a single, specific instruction to a comprehensive outsourcing service, encompassing all property advice. For our major corporate clients we design a bespoke package tailored to meet their particular business needs and individual requirements. Our Services Include: Strategic Management Business planning at a strategic level including rationalisation/relocation Assessing the impact of property decisions on business and profitability Minimising occupation costs and maximising operational flexibility Outsourcing Comprehensive and co-ordinated service for all advice From a complete portfolio to a single property instruction Professional Services Asset management and enhancement Valuations for company accounts, MBO’s, raising finance, taxation, rating, etc Rent reviews, lease renewals and lease monitoring and restructuring Acquisitions and Disposals Property searches, market overviews and research Investigation of alternative uses and marketing of surplus property A fully co-ordinated “turn-key” service for the development of new operational facilities including site identification, planning, building design and construction.   Contact Us

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Sanderson Weatherall offers a “one stop shop” for the corporate occupier, providing them with a single point of access to a fully co-ordinated range of skilled and specialist services. This can range from undertaking a single, specific instruction to a comprehensive outsourcing service, encompassing all property advice.

For our major corporate clients we design a bespoke package tailored to meet their particular business needs and individual requirements.

Our Services Include:

Strategic Management

  • Business planning at a strategic level including rationalisation/relocation
  • Assessing the impact of property decisions on business and profitability
  • Minimising occupation costs and maximising operational flexibility

Outsourcing

  • Comprehensive and co-ordinated service for all advice
  • From a complete portfolio to a single property instruction

Professional Services

  • Asset management and enhancement
  • Valuations for company accounts, MBO’s, raising finance, taxation, rating, etc
  • Rent reviews, lease renewals and lease monitoring and restructuring

Acquisitions and Disposals

  • Property searches, market overviews and research
  • Investigation of alternative uses and marketing of surplus property
  • A fully co-ordinated “turn-key” service for the development of new operational
  • facilities including site identification, planning, building design and construction.

 

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