Case study

Howley Quay Industrial Estate

Appointment	Property Asset Management commenced 1st September, 2011
Client	Jolivet Investments Ltd
Building Size	17,500 sq ft
Building Use	Industrial Estate
Rent Roll	£100,000 pa once fully occupied
Service Charge	£0.98 p.s.f.

THE BRIEF

Full service provision encompassing estates, finance and FM Roles

KEY OBJECTIVES

To increase occupancy levels of the industrial estate through liaison with existing occupiers, appointed marketing agents and to manage the refurbishment of the vacant units.

ACTIONS AND OUTCOME

• A full management and tender of the refurbishment of the vacant space undertaken. • Successfully re-geared 2 occupier leases and removal of a break clause. • Following refurbishment of the vacant units, have increased the occupancy level from 44% to 89% in a 2 year period. • Rent Roll on this estate has increased significantly with only one void remaining.