COMMERCIAL ACQUISITIONS

www.rib.co.uk

CORPORATE OFFICES | STUDIO/WAREHOUSE STYLE | SELF CONTAINED PREMISES | SERVICED SOLUTIONS | BUDGET / EFFICIENT ACCOMMODATION | SHOWROOM/RETAIL

“ENSURING YOUR PROPERTY IS AN INVESTMENT, NOT A LIABILITY”

What are you looking for?Commercial property is a significant investment, requiring professional advice at the outset of any acquisition. The process of leasing or buying commercial property can demand a vast amount of your time and energy. When your organisation is considering relocating or expanding its operation, the right property advice at the right time will have a positive impact on your operational strategy and not hinder your company’s future growth. When the remit is to search and negotiate a new premises, we establish the search parameters, provide your business with a market overview as well as research and present all available space both on and “off” market. Being a well established and respected property agency with over 50 years experience our knowledge of the commercial property market is unrivalled. RIB has a proven track record of acquiring the right property for our clients, who range from Financial, Media, Fashion, Technology and Telecommunication businesses. As such we have developed detailed knowledge and understanding of the different property needs and requirements of these various occupiers. Our belief is that “one size does not fit all”.

The acquisition market has evolved over the last few years with both landlord and tenant seeking greater flexibility in terms of lease provision. We ensure whatever terms you agree will benefit you throughout the period of your occupation. Ultimately we want you to concentrate on your business, not worrying about your property. By acting solely on behalf of occupiers our mission is to secure the best possible terms on their behalf. We are with you at every stage of the acquisition process; identifying the right property, negotiating the right terms and then liaising with your legal representatives to ensure a smooth and swift transaction. Quite simply our job is not complete until you have signed your lease or acquired your property and then moved in. We set out over the following pages the detail process by which we will assist you in acquiring your property.

Corporate Offices Studio/Warehouse Style Self Contained Premises

Serviced Solutions

Budget/Efficient AccommodationShowroom/Retail

1. Brief:

Meet and discuss the following:

• Requirement

• Budget

• Location

• Provide market commentary

• Discuss client expectations

• Outline the process and likely timing from this point to completion.

2. Property Search:

Full audit of available & ‘off market’ properties:

• Initial report sent over containing a larger selection of appropriate properties

• Discuss the properties including likes / dislikes to compile a short list

• From short list we will provide market commentary on specific properties.

3. Viewings:

We will find a time, convenient to you, to arrange all inspections:

• Itinerary sent to client including properties that will be inspected

• Clients are accompanied on all viewings

• Once the inspections are completed, a meeting is arranged to discuss all options & next steps.

4. Negotiation:

Once a specific property has been identified we will provide advice on all aspects including:

- Lease term & break options - Market rental - Rent-free periods & tenant incentives - Capital contributions - Expansion space - Landlords services - Alienation provisions - Yielding up provisions - Service charge responsibilities - Fit-out - Break options - Landlord & Tenant Act - Deposit / Guarantor requirements.

• Negotiating the Heads of Terms & professionally submitting an offer (which will be sent to the client prior for approval)

• Securing the property on robust terms on behalf of the client and delivering into solicitors hands

• Ensuring that the acquisition is managed professionally at all times including liaising with the clients solicitor on all legal aspects of the transaction.

5. Support:

• Once you have settled in we will visit you to ensure everything meets your expectation and deal with any queries you have. We see our relationship as part of a longer term strategy to assist you in any property issues that arise now or in the future. Ultimately we want your lease to be an investment not a liability.

Leasehold Acquisition Process

Freehold Acquisition Process

Along with our Leasehold Acquisition Service our role in advising on a Freehold Acquisition is strongly mirrored. We have seen a growing trend in clients wishing to own their own premises, rather than leasing.

Our extensive knowledge of the Freehold Market ensures that by appointing RIB your company is able to save time and money. We are alongside you at every stage of the process.

Clients we have acted for providing this service include:

• Property Companies

• Family Trusts

• Private Individuals

• Owner Occupiers

As well as sourcing properties for clients, we are able to advise on the following:

• Development opportunities

• Asset Management

• Residential Conversion

• Leasing surplus space Landlord / Tenant matters Service Charges

In a market where stock is limited it’s a challenge for investors to identify suitable opportunities. We look to add our value by providing in-depth market knowledge and off market opportunities.

Market knowledge is central to what we do; in-depth knowledge of freehold values, what’s available and off market opportunities are all crucial elements of our acquisition service. At RIB we provide sound, market-led advice to ensure you get more and better value from your property acquisition.

Commercial Acquisitions Case Studies

23-24 Warwick Street, Axtell House, W1 – First Floor

2,600 sq ft

Acquired on behalf of Film / TV Production Company

49-51 Rathbone Street, W1 – Ground & Lower Ground

1,557 sq ft

Acquired on behalf of an overseas Fashion Company

8-10 Pollen Street, W1 – First Floor

1,814 sq ft

Acquired on behalf of High End Fashion Brand Consultancy

1-3 Middle Row, W10

2,800 sq ft

Off market Freehold Acquired on behalf of Music Production Company

58 Queen Anne Street, W1 – Lower Ground Floor

1,800 sq ft

Acquired on behalf of Central London Solicitors

20 Margaret Street, W1 – Ground & Lower Ground Floor

2,050 sq ft

Acquired Showroom on behalf of International Textile Company

Golderbrock House, 15/19 Great Titchfield Street, W1 - Fourth Floor

1,360 sq ft

Acquired on behalf of Fashion Company

58-60 Berners Street, W1 – Ground Floor & Basement

3,702 sq ft

Acquired Showroom on behalf of Fashion PR Company

1 Chapel Place, W1 – Ground Floor

2,078 sq ft

Acquired Leasehold (Change of Use to D1) on behalf of a Medical Occupier

Golderbrock House, 15 / 19 Great Titchfield Street, W1 – Ground & Lower Ground Floor

1,060 sq ft

Acquired Showroom on behalf of Design Studio

60 Berners Street, W1 – Ground Floor & Basement

2,820 sq ft

Acquired Showroom on behalf of Fashion & Accessories Company

Osborn House, Osborn Terrace, SE3

22,943 sq ft

Acquired Off Market Freehold on behalf of Residential Developers

Commercial Acquisitions Case Studies

23-24 Margaret Street London, W1W 8LF

@RIBproperty

Robert-Irving-Burns

www.rib.co.uk020 7637 0821

Robert Irving Burns – About Us

RIB was established over 50 years ago and has developed and maintained an enviable reputation as one of Central London’s premier commercial and residential property company.

We are located minutes from Oxford Circus and typically operate within the West End, Fitzrovia, Soho, Marylebone, Covent Garden, Midtown and the City Fringe area. Our multi-disciplined team of agents and surveyors offer a detailed knowledge of sales, rental and investment markets as well as an understanding of current and future market trends.

In respect of commercial property we undertake disposals and acquisitions, valuations, rent reviews, lease renewals, investment transactions and estate management. On the residential side we specialise in sales and lettings, new homes, leasehold enfranchisement, management and investments.

We represent investors, developers, occupiers and owner occupiers and our primary focus is to ensure our property expertise continues to have a positive effect on the balance sheet and business directions of our clients. Our insight and expedience allows our clients to make the most informed business and property decisions.

Other Services

Commercial Property

• Sales• Lettings• Acquisitions and Investment. Valuations• Sale & Purchase• Bank Finance• Balance Sheets• Capital Transfer Tax• Capital Gains• Probate• Mergers & Acquisitions. Lease Consultancy• Rent Reviews• Lease Renewals• Lease Restructuring• Expert Witness• Dilapidations. For more information about the above services, please contact Damien Field on 020 7927 0620 or damien@rib.co.uk

For more information on our Acquisition Service please contact:

Sam ArghebantDDI: 0207 927 0621Mobile: 07812 837 0827Email: sam@rib.co.uk