As the recycling process accelerates, motor retailers are increasing their development activities either themselves or in partnership with developers. Our agency and professional expertise naturally migrates to development consultancy either in the procurement of new facilities, including building surveying and project management services, or in the preparation for sale of obsolete and redundant premises.
Site acquisition. Agreement to lease and forward funding. Development consultancy.
Acting for private client. Advised on lease terms and rent.
Acted for Arlington on a development consultancy basis. Agreed sale to Gates Ford of 3.85 acres (1.55 hectares) for car dealership.
Assignment of a leasehold interest owned by corporate client Dutton Forshaw Motor Company Ltd to Honda Motor Europe Ltd. Instruction involved full marketing including negotiating rent deposit, trigger mechanism and contract in general.
Site identification for Dutton Forshaw. Agreement to lease with Axa for new car dealership.
Development consultancy, planning and market advice regarding the disposal of part Plot 6000 at Hatfield Business Park.
2.5 acres (1.01 hectares) was acquired by Porsche Cars GB Ltd for the development of a new car showroom facility. 3.8 acres (1.5 hectares) with motor retail consent remaining
Our specialist investment teams are on hand to advise on all aspects of acquisition, disposal, development and funding.
Retail Partner
+44 (0)20 7318 5097
mark.sturman@struttandparker.com
London Head Office & Commercial
11 Hill Street
London
W1J 5LQ
