Retail

Great Portland Street, London 

Tenants Pre-Acquisition Survey

Client – Pizza Express 

Size - 6,000 sq ft

Location – Central London

A leasehold pre-acquisition survey on a Central London retail property of c6,000 sq ft. 

 

Our scope included a dilapidation's liability assessment to advise our client on the expected financial burden at lease end allowing them to better calculate their business case for this investment. 

Papa Johns  

Pre-Acquisition Survey & Fit Out Viability 

Client – Papa Johns 

Location – UK Wide 

Trinovant are retained providers of due diligence on all new Papa Johns acquisitions across the UK.

 

Our longstanding role is founded on our client led approach whereby we tailor our deliverables to suit our clients specific objectives. For PJ's our output report is heavily focused on fit out potential as well as the usual pre-acquisition details and anticipated long term costs. 

We pride ourselves in a 'bigger picture' approach, taking due consideration of the clients end goals and considering the practical constraints and financial ramifications necessary to achieve this.  

Farrow & Ball Relocation 

Strategic Relocation Advice 

Client – Farrow & Ball 

Location – Harrogate, UK

Trinovant were appointed to provide strategic advice on a potential relocation by our client. This included a pre-acquisition building survey of the new premises and a dilapidation's liability assessment of the existing premises to allow the tenant to quantify their lease end liability and offset this against the new acquisition. 

Each report was drafted with the wider business objective in mind providing a tailored solution to meet the clients specific requirements and ultimately allow them to better evaluate their relocation options. 

Foxtons Pall Mall 

Dilapidations Assessment 

Client – Sobha Real Estate  

Location – Central London

Trinovant undertook a forensic dilapidations assessment to identify the existing dilapidations liability prior to lease assignment.

We identified c£180,000 of repair redecoration and reinstatement liabilities which had not been allowed for as part of the proposed transaction. As a result of our assessment, a reverse premium was agreed in our clients favour prior to lease assignment.