Description

The world famous retail and office headquarters of Polo Ralph Lauren in London. Prestigious retail store in central London with 32,500 sq ft offices above

Overview

Lease Advisory & Valuation

• Negotiated rent review for Landlord
• Prepared case for Expert Determination and Oral Hearing

Property Management

• Metrus are delighted to have  represent the owner in managing this property for over 10 years

Description

As the oldest shopping centre in the world this prestige scheme consists of 50 units

Overview

• 50 units of the highest quality retailers in a world renown setting.
• Metrus has managed the property for almost 10 years.

 Overview

• Over the past few years the property has been substantially refurbished with a new entrance lobby and atrium. The property is 200,000 sq. ft. and is occupied by offices and retailers alike.

Description

Retail units including Nick Tentis Ltd, Davies & Son, Gaziano & Girling and William Hunt

Overview

• Advising Landlord in shops rent reviews and lease renewal negotiations

Overview

• Negotiated lease regear for shop tenant in prestigious location

Description

Outstanding ground and 1st floor offices let within this prestigious landmark building in the heart of Victoria

Overview

Commercial Agency

• Formulated leasing & marketing strategy. Acting on behalf of an overseas investor instructed to dispose of circa 5,000 sq ft  within this landmark building
• Provided extensive advice in relation to the landlords specification of works
• Advised the landlord and negotiated on their behalf, a 10 year reversionary lease with Development Securities on 30,000 sqft following a lease assignment by a Philips de Pury

Property Management

• Converted form the former Post office this stunning office/ design accommodation
• With residential apartment it sits in the centre of Victoria rapidly improving commercial heartland.

Description

A prestige office building located in the Mayfair heartland, improving at a street for both office and retail uses.

Overview

• Metrus has recently been appointed to manage this prestige building.
• The building achieves high demand and has asset management opportunities.

Description

Situated in prime Mayfair, Metrus let the entire 2nd, 4th and 6th office floors at over 10,000 sq ft at asking rents within 6 months of marketing, exceeding clients objectives.

Overview

• Acting on behalf of overseas investors instructed to dispose of circa 10,000 sq ft over 3 floors within this landmark building
• Within 3 months of being instructed lettings were completed
• Previous appointed agents had been marketing the accommodation for 9 month’s
• Provided strategic advice on leasing & marketing strategy.

 

Description

The property comprises a Regency style corner building of Portland stone construction, arranged over a basement and five upper floors totalling 10,266 sq ft. The property is located on the corner of Albemarle Street and Grafton Street in the centre of Mayfair

Overview

• Acting for Landlord in entire building rent review against Garrards

Overview

• Major office building consisting of 200,000 sq ft
• Coordinated  an overhaul of all major services in the building
• Initiated a comprehensive FM role from a single let to landlord controlled services.

Overview

• Entire 1st and 2nd floor offices let on behalf of Far Eastern Investors
• Let to Polo Ralph Lauren.

Description

A mixed use building providing a total of 172,561 sq. ft. of modern office, residential and retail accommodation in the heart of Victoria.

Overview

Description

300,000 sq ft of office space and 30 retail units

Overview

• This impressive island site forms the premier property fronting Holborn Circus.
• The property has been managed by Metrus for over 13 years.

Overview

• Recently appointed to manage this prime Bond Street property
• Metrus are delighted to be given the instruction to maintain both the retail and office accommodation under its stewardship.

Description

The property comprises a mid terrace five floor building of masonry construction. The accommodation provides ground floor retail space with upper floor office space.

Overview

• Acted for Landlord in shop building rent reviews against Van Cleef and Arpels

Description

Located on New Bond Street, the property is arranged over six floors with retail space on the ground and basement floors and office accommodation on the floors above

Overview

• Acted for Landlord in rent reviews on entire building against Cartier

Description

Located on New Bond Street, the property is arranged over six floors with retail space on the ground and basement floors and office accommodation on the floors above.

Overview

• Acted for Landlord in shop building rent reviews against Mikimoto

Description

• Provided Investment, development & refurbishment appraisals
• Completed short term lettings to mitigate clients liability prior to refurbishment
• Formulated refurbishment programme, leasing and marketing advice.

Asset Management

Overview

• Parade of 30 shops in this highly affluent ‘village’ location
• Leasing and asset management advice to improve rental values and tenant mix
• Lettings achieved in 2014 at new record rents in excess of £180 Zone A
• Quality new tenants include Rigby & Peller and Topps Boutique.

Overview

• Flagship building in this world renowned retail location
• Client purchase 2013 with retail rents at £195 Zone A
• Asset management and leasing advice promoting heritage British tailoring.
• New lettings completed to British icon Jeff Banks and Gaziano & Girling luxury footwear
• Rentals of £275 Zone A achieved, a 40% increase in 2 years.

 

 

Description

Traditional masonry brick construction arranged over five floors. The accommodation provides retail space on the ground floor, stores on the basement and offices on first, second and third floors.

Overview

• Acting for Landlord in shop building rent review against Lucie Campbell

Overview

• Managed for almost 10 years
• The first London Office building to achieved £100 per sq ft rental
• It remains a high quality building with strong occupier demand

Overview

• Instructed to acquire new UK HQ for a leading Dental Orthodontics Manufacturer
• Very specific requirement due to importance of location and proximity to Harley Street
• Agreed terms for the last available floor in British Lands prestigious Regents Place Estate of  8,500 sq ft Grade A offices
• Provided strategic advice on sub-letting the clients existing space in existing premises simultaneous to the letting of their new HQ to mitigate costs for the client.

Overview

• On behalf of overseas investor freehold office/residential investment sold comprising 51,000 sq ft to Threadneedle Property Investments off market
• Provided strategic advice to client to ensure maximum value extracted from investment sale by highlighting selective prospective purchasers to approach
• Implemented various lettings to ensure property fully occupied/income producing prior to sale.

Description

The property provides a substantial multi-let building of ornate character positioned in the heart of Fitzrovia.

Overview

• The property has been managed by Metrus in excess of 10 years
• Metrus provided a bespoke management approved which underpins the value of this asset.

Description

A quality office building of 15,000 sq ft

Overview

Property Management

• Metrus has recently been appointed to manage the building.
• Adjacent to the proposed Bond Street Cross rail entrance, ripe for redevelopment/ refurbishment to take advantage of a rapidly improving location.

Lease Advisory & Valuation

• Negotiated surrender of AIB office lease of entire building on behalf of the Landlord

Overview

• Prestige office and retail property of 30,000 sq ft
• Recent acquisition for far eastern client, being part of a larger portfolio transferred to Metrus management.

Description

Substantial 60,000 sq ft multi-let office with 5 retail units, located in a rapidly improving location.

Overview

Asset Management

• Rolling refurbishments of individual office floors increasing ERVs from £18 psf to £45 psf
• Scheme prepared undergoing planning to infill rear lightwell to provide additional 5,000 sq ft of net lettable floor area on 8 floors
• Securing vacant possession of key retail unit at renewal to facilitate new office reception, increased lift provision and top floor residential units.

Property Management

• Refurbished floor by floor and introduced a Planned Maintenance Programme on a 25 year sinking fund cycle
• Installed state of the art building monitoring systems to save static guarding costs
• Revamped house manager functions and occupier focus.

 

 

Description

30,000 sq ft multi-let office building

Overview

• Initial replacement of historic HVAC system as part of 1st floor refurbishment to act as model for remainder of building
•  Negotiated with legal tenants for replacement of HVAC system on all floors by landlord in return for grant of new leases to 2022
• Works undertaken out of hours and weekends with tenants being decanted between floors on phased basis
• Increased rents from £25 psf to £35 psf.

Overview

• Substantially refurbished self-contained office building acquired on behalf of Private Property Company
• Terms were secured on behalf of client prior to the property going to the full open market

Description

Substantial office building comprising 31,000 sq ft of modern offices located in this historic location which is London’s largest public square

Overview

• Acquired on behalf of Charitable Trust with the majority of the income secured with Queen Mary & Westfield College, University of London
• Asset has increased over £10m in value since original purchase 7 years ago

Description

Attractive studio/office building comprising 13,500 sq ft in an attractive courtyard just off Parkway in the heart of Camden

Overview

• The building is let in its entirety to internationally renowned architects Sheppard Robson
• The property is multi let to four tenants including leading corporate and media law practice Marriott Harrison & GS1 (UK)

Description

High quality Grade II listed office building comprising 27,500 sq ft of offices arranged over lower ground, ground & three upper floors

Overview

• The property is multi let to four tenants including leading corporate and media law practice Marriott Harrison & GS1 (UK)
• Highly reversionary office investment with opportunity to substantially improve rent profile

Description

Prime Mayfair office building

Overview

• Provided strategic leasing advice
• Secured a tenancy in excess of market rental values

Description

29,000 sq ft mixed office residential and restaurant scheme. On going project.

Overview

Commercial Agency

• Restructuring of common parts
• Infill of existing light well and construction of an additional floor to create an additionally 6,000 sq ft
• Creating larger open floor plates for offices additional residential and a larger restaurant offer

Property Management

• Already an established mixed use property, Metrus have managed the site for over 30 years.

 

 Overview

• Listed building in Westminster consisting of 60 residential properties
• Introduced a Planned Maintenance Programme on a 10 year sinking fund cycle

Description

Ongoing project.

Overview

• Identified that the property was currently under utilised
• Appointed professional team, negotiated surrenders  and short term lets to cover planning period
• Indicative consent for rear extension, and for adding another floor to the property
• Expected to show close to 50% return on capital.

Overview

• Newley developed Foyles Bookstore with 11 high-end residential loft apartments above.
• Assisted developer with management strategy, compliance procedures and service charge forecasting

Description

Extensively refurbished offices within the heart of Fitzrovia

Overview

• Entire 2nd, 3rd and 4th floors circa 11,000 sq ft to let on behalf of CBRE Global Investors
• Provided extensive advice in relation to the landlords specification of works
• Formulated leasing & marketing strategy
• Completed lettings on 3 out of 4 floors within 4 weeks of practical completion of landlords works
• Exceeded clients expectations on rental value by 15%.

Overview

• City Fringe office building of 30,000 sq. ft.
• Thorough overhaul of service charge regime
• Worked closely with our clients consultants to replace major plant and infrastructure.

Description

Prominent corner mixed use restaurant and office building comprising 7,000 sq ft located in the heart of China Town providing a restaurant over lower ground/ground floors with offices above

Overview

• The property is multi let to three tenants including leading Chinese restaurant Gerrard’s corner.
• Acquired on behalf of private individual and leasing and management advice provided.

Overview

• A high quality office and retail development in the heart of Islington.

Description

60,000 sq ft retail warehouse rent review in strategic regional shopping centre

Overview

• Negotiate rent review for freeholder
• Prepare case for Arbitration.

 Overview

• Rent review on prime retail unit on behalf of landlord.
• Negotiated settlement reached establishing a new rental tone and providing a basis for an uplift in asset value on client’s other retail holdings in the street.

Description

10,000 sq ft office building, Kent project timescale 12 months

Overview

• Obtained substantial dilapidations settlement from vacating tenant which funded programme
• Arranged short term letting to cover holding cost whilst consents were obtained
• Obtained indicative consent for conversion of existing offices to residential plus a number of extra flats
• Property value increased by over 100%.

Description

A traditional 20,000 sq ft office building, refurbished and sought after by media companies in the Soho marketplace. Mixed office and retail scheme project timescale 5 years+

Overview

Property Management

• Managed by Metrus for over 30 years

Commercial Agency

• Carried out phased floor by floor refurbishment to achieve higher rental returns
• Full replacement of M&E plant to give all tenants their own systems
• Achieved substantial savings by re-tendering of all maintenance contracts.

Description

125,000 sq ft light industrial, project timescale 12 months

Overview

• Buildings were in poor condition with high vacancy rates and falling rents
• Carried out repairs to properties, appointed agents better appointed top deal with light industrial property
• Let vacant units with growth ion rental values
• Property sold at 50% above market valuation.

Description

Boutique Soho restaurant & office building

Overview

• Let 4 floors in the building in excess of asking terms
• The client has enjoyed an uplift of 50% on rents compared to 3 years ago

Description

Prestigious Mayfair office building

Overview

• Letting of the 3rd floor
• Let on behalf of private investor at a record rent in the building of £82 per square foot

Description

Media style office in the heart of Marylebone

Overview

Commercial Agency

• Letting on behalf of the landlord
• Let within 4 weeks of taking on the instruction and achieve a rent 20% higher than what was initially quoted.

Overview

• Instructed to acquire new London HQ for global leader in travel media, Ink Publishing
• Secured off market opportunity and agreed terms for new 25,000 sq ft warehouse style offices
• Provided strategic advice on sub-letting excess space to an International airline at a far superior rent.

Overview

• Probate Valuation for Family Trust
• Negotiated Dilapidations for Landlord
• Assisted in letting of D2 Leisure building
• Negotiated Lease terms

Overview

• Rent review on restaurant, office and residential building in St James’s on behalf of tenant of whole building.
• Sublease rent reviews subsequently pursued in respect of offices and residential on the upper floors.
• High value St James’s location.
• Successful outcome minimising client’s net rental liability.

Overview

• Lease renewal on prime retail unit in affluent location on behalf of landlord.
• Settled prior to court proceedings on basis of 10 year term certain at new rental tone.
• Positive impact upon value of client’s ownership in street.

Overview

• Letting to Bella Freud at a rent 20% above asking terms.

Overview

• Lease extensions on flats in central West End location with 69 years unexpired on behalf of landlord client.
• Provision of statutory valuation advice, and undertaking negotiations with lessees’ surveyors.
• Settlements reached without the need for Tribunal hearing thus ensuring the most cost-effective outcome for client.

Description

Consisting of a 52 Unit provincial shopping centre with residential units and extensive car parking.

Overview

Asset Management

• Obtained planning consent for conversion of vacant offices to residential’
• Refurbished largest vacant suites, which let prior to completion of the works
• Re-geared shorter term leases to achieve on average 5 year extension
• Property value increased by 40%.

Property Management

• Recruited new centre manager to improve liaison and presence
• Introduced more robust repairs and health and safety systems
• Improved communications to occupiers.

Description

A 15 unit covered Shopping Arcade with Supermarket and car park in a high footfall

Overview

• 15 unit Shopping Arcade with Supermarket
• Initiated Planned Maintenance Programmes
• New security and car park regimes implemented to create additional revenues and improved services
• Revised Centre Manger role to enhance tenants liaison and functionality.

 Overview

• Multi-let retail parade
• Sold to a private buyer at c.£2.5million

Overview

• A 32,000 sq ft speciality shopping centre providing 28 shop units  within a covered mall which is partially listed and forms part of what was once a 16th Century Theatre
• Providing property management services since 2007
• Initiate a planned preventative maintenance contract to stop fluctuations in annual costs
• Reduce annual service charge costs to levels below market indices
• Oversee the budgeting and installation of a mall lift to increase footfall and improve rental levels at first floor level.

Overview

• Prime investment sale at a figure close to £3million

Overview

• Bank building let to Santander UK Ltd
• 6,000 sq ft arranged over ground and upper floors
• Situated on the pedestrianised section of Regent Street at the edge of the prime pitch relatively close to Brunel Shopping Centre
• Preparing Expert Evidence for court on the landlord’s behalf regarding the terms of the new lease

Overview

• Freehold retail and office building
• Sold on behalf of private investor within the heart of the up and coming submarket of Camberwell

Overview

• Sale of prime multi-let retail building at a figure close to the asking terms of £4million

Overview

• Private investment sale of a Caffè Nero store

 Overview

• Advising tenant in shop lease renewal

Description

Attractive unbroken freehold retail parade in an affluent South East town, fully let to 5 tenants, including Subway and Greggs

Overview

Commercial Agency

• Acquisition on behalf of high net worth individual of this attractive retail parade in affluent South East Town
• A current WAULT of 4.5 years with well-configured units offering 6,759 sq ft (628 sq m) of retail space across ground and first floors

Description

Prime Soho office building, comprising 10,000 sqft let to a D1 occupier.

Overview

Commercial Agency

• Freehold sale on behalf of private investor
• Redevelopment opportunity, changing use through planning and remodelling of asset.

Description

Restaurant and residential investment property in Chelsea

Overview

Commercial Agency

• Letting and lease extension
• Granted to Le Pain Quotidien at a rent of £110,000 per annum exclusive

Lease Advisory & Valuation

• Acquisition on behalf of private family trust.
• Subsequent rent review on restaurant unit and the negotiation of residential lease extension claims on flats, maximising return for client.

Description

Major property let to Argos Stores Ltd

Overview

Commercial Agency

• Sale of Freehold Investment
• Sold to private purchaser for a figure in excess of £1.5 million

Description

Prime property let on a long lease to Next Plc

Overview

Commercial Agency

• Sale of Freehold Investment
• Sold to a private family trust for a figure in excess of £1 million

Description

Premises let to Snog Juice Bar and Interflora

Overview

Commercial Agency

• Negotiation of leasehold surrenders
• Surrendered to the landlord for future redevelopment

Description

Substantial office building located in the heart of Hackney. Comprising 25,000 sqft of creative workspace for the tech and media sector.

Overview

Commercial Agency

• Let on a 15 year term to a leading Co-Working operator on behalf of a private landlord
• The incoming tenant has submitted plans to substantially upgrade the external design for the building
• Highest rent in the sub market achieved at the time of letting

Overview

Commercial Agency

• Achieved 30% above quoting rent
• Let in 2 weeks of being instructed

Overview

Commercial Agency

• Let at quoting rent to excellent quality tenant
• Managed for over 10 years

 Overview

Commercial Agency

• Acquired on behalf of investment manager
• Significant savings made on behalf of client

Overview

Commercial Agency

• Acquired as HQ for major UK retailer
• Newly refurbished media style space

Overview

Commercial Agency

• Let at quoting rent
• Well established firm of architects

Description

Media style office let in the heart of bustling Camden Town

Overview

Commercial Agency

• Letting on behalf of the landlord
• Surpassed client expectations by securing an excellent covenant at market rent.

Description

Multi Let investment acquired on behalf of a private investor

Overview

Commercial Agency

• Acquired on behalf of a private investor, the majority of the income secured with Nat West Bank and The Co-Operative Bank
• Asset management opportunities for the purchaser with potential for residential redevelopment of upper parts

Overview

Situated adjacent to Victoria Coach Station, this property comprises of two buildings amounting to 500,000 sq. ft. in total.

Description

• The buildings are of an age where investment is required to maintain the services and fabric; various projects are underway to maintain the condition and serviceability of the properties.
• The property is built on a raft over Victoria Railway Station platforms adding an extra layer of complexity to the ownership of this property.

Overview

Two towers amounting to 500,000 sq. ft. and the Harbour Exchange Estate.

Description

This is a substantial and old estate and we are working to ensure that the M&E plant and building fabric is maintained and where necessary replaced to ensure continuing service to the occupiers.

Description

261,000 sq ft high grade office and training facility in 5 buildings on a 15 acre site

Overview

• Metrus appointed 2015
• Assisted clients in implementing lease re-gearing
• Metrus in day to day contact with tenants to ensure that consents for ongoing tenant management plans are reported and approved timeously.
• Estate service charges monitoring.

Description

30,000 sq ft Modern office building let FRI to Durham CC

Overview

• Metrus appointed 2015
• Metrus liaised with previous owners/developers to ensure original defects were rectified under warranty, protecting landlord and tenant interests

Overview

A multi-let office and retail property that is listed II*, is unique in character and located at Bank junction

Description

• The property is 150,000 sq. ft. and an island site that due to its uniqueness of architecture and proportions make for a complex management proposition.
• The building is subject to a major refurbishment and we are assisting the landlord team with their works.

Description

A 64,000 sq. ft. office property located adjacent to Hyde Park.

Overview

When we originally took on the management of this property the plant was in shockingly poor condition; through open communication with the occupiers the lifts were substantially refurbished and the main plant replaced as a service charge cost without opposition from the occupiers.

Description

46,000 sq ft office building Ashford, project ongoing

Asset Management

• At time of purchase building had vacancy rates of close to 50%
• Introduced standard all inclusive leases for small suites allowing occupation in 3 days
• Carried out refurbishment of vacant suites, which attracted a single tenant for the balance of the vacant space.