Commercial Agency

Private landlord has let entire upper floor offices at this building in one of the worlds most renowned retail locations

Description

Substantially redesigned and remodeled mixed use building in the hart of Fitzrovia providing circa 18,250 sq ft of commercial space

Property Management

• Metrus have been appointed to oversee all property management on this brand new refurbished scheme

Commercial Agency

• Strategic advice provided with regard to formulating an appropriate marketing strategy in order to secure a pre-let
• Successful pre-let secured on behalf of private landlord

Lease Advisory

• Retained agents for all valuation advice

Description

Substantial office building located in the heart of Clerkenwell providing circa 21,000 sq ft of modern and flexible floor space

Commercial Agency

Strategic advice provided to private landlord with regard to the short term leasing policy to include an appropriate market strategy to secure tenants for the building

Overview

Substantially refurbished 12,500 sq ft office building in the heart of Fitzrovia

Description

• Entire office space arranged over first to fifth floors pre-let on behalf of an overseas investor to a co-working business
• Strategic advice provided with regard to the substantial refurbishment of the property to include formulating an appropriate marketing strategy in order to secure a pre-let

Description

The building comprises in excess of 230,000 sq ft of offices and part retail and is located in the City of London

Property Management

• Recently acquired by our client, the property has undergone a major refurbishment
• Metrus has recently been appointed to manage the building and assist the landlord team while the refurbishment project was undertaken

Description

Prestigious Grade I Listed building situated within the Bank Conservation area opposite the Bank of England and Bank Underground Station

Property Management

• 68,000 sq ft of office and ancillary accommodation arranged over mezzanine and four upper floors
• Metrus were appointed to manage from late 2018

Description

A landmark Art Deco building managed by Metrus and comprising 63,000 sq. ft of recently developed Grade “A” office accommodation arranged over 8 floors

Description

Occupying an illustrious part of Belgravia this super prime residential development comprises a rare collection of apartments, townhouses and world class amenities.  This development is unlike any other, unique in its unrivalled location and design.

Estate Management

• Metrus are appointed to consult through the development/mobilisation phase on all estate management matters
• Our scope includes developing a bespoke estate management strategy, including service charge budgeting and administration, front of house services and M&E planned preventive maintenance
• Metrus will provide Property Management services to the completed development post-practical completion

Description

Management consultancy by Metrus for a overseas Family Trust

Description

A historic property originally constructed during the 1870’s and is situated at the junction of Holborn Circus, Hatton Garden and Ely Place one of the last remaining private gated roads in Central London

Property Management

• Metrus have managed this property more than 15 years.  Key improvements overseen, include the modernisation of all mechanical and electrical services, two new lifts and full internal and external refurbishment

Description

The property comprises approximately 53,000 sq ft of offices and is currently undergoing a major refurbishment behind a retained façade. No. 21 will be available in Q4 2018

Property Management

• Metrus has recently been appointed to manage this prestige building
• The building is subject to a major refurbishment and we are assisting the landlord team with their works

Description

A prestigious office building situated adjacent to the RAC Club on Pall Mall, just to the south of St James’s Square.

Property Management

• The building provides mainly office accommodation with a private residential penthouse and basement car park.  Arranged over eight floors, totalling approximately 65,000 sq ft.
• The building is fully occupied and the office tenants include DP9, KKR, CapVest, Parus and Petrus.
• Metrus were appointed to manage from April 2019.

Description

Comprising 16,000 sq. ft hotel and retail accommodation and managed by Metrus for a Family Trust

Description

The building is prominently located on the north side of Alie Street close to the junction with Aldgate High Street.

Property Management

• Metrus was appointed to manage this building in 2015.
• The property comprises approximately 90,000 sq ft. of offices with three ground floor retail units.
• The building is currently undergoing a floor by floor refurbishment of the offices, creating modern open plan space and Metrus has been assisting the landlord in managing this process.

Description

113,329 sq. ft.

Property Management

Our client has redevelopment plans for this site – our role is to maintain the property and resolve historic maintenance issues with rapidly reducing lease durations – the key balance to ensure the building runs whilst not overspending on the service charge and running into recoverability issues.

We transformed the relationships with the tenants by adopting our open and honest policy – if something is broken, advise the occupiers, tell them what we are doing and then fix it

Commercial Agency

• Offices in the heart of London’s luxury district
• The landlord substantially refurbished the floor to a Grade A specification to include a stunning re-modelled entrance lobby.
• Metrus let the newly refurbished 3rd floor on behalf of overseas clients within 12 weeks of the refurbishment being completed.

Description

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

Property Management

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

Description

Prime 65,000 sq ft Mayfair office and retail building

Management

• Managed by Metrus for Far Eastern investors

Asset Management

• Project advice and implementation for conversaion of mezzanine plant room floor to create c.4,000 sq ft of Cat A office accommodation

Description

42,500 sq ft mixed-use building over eight floors including basement, providing office accommodation over ground to fourth, with residential space on the upper floors.

Asset Management

• Substantial refurbishment based on an agreed business plan

Description

Metrus have been retained to provide a full fiduciary compliance process on behalf of a property company client. Rental collection and receipt processing is given to underpin the requirements of the funding party, showing independence of approach and reporting.

Description

Situated on one of Manchester’s prime retail parades and managed by Metrus for an overseas client

Description

A 20,000 sq. ft trophy asset in the heart of Manchester, managed by Metrus on behalf of an overseas investor

Asset Management

• Coordinated comprehensive refurbishment and re-letting of a multi-let city centre office building which was subsequently sold

Description

A prestigious building situated in the St James’s area, on the south side of Piccadilly, close by to Piccadilly Circus Underground Station.

Property Management

• The building provides a mixture of retail and offices and is arranged over eight floors, with a lettable floor area of approximately 65,000 sq ft.
• The main office tenant is Apax Partners, whilst the retailers include Rush, Costa Coffee and Hawes & Curtis.
• Metrus were appointed to manage from February 2019.

Description

A distinct property of 1920’s art deco design situated on Kensington High Street, close by to Kensington Olympia.

Property Management

• The building provides mainly offices with ground floor retail, arranged over nine floors, with a lettable floor area of approximately 20,000 sq ft.
• The office tenants include The Royal Borough of Kensington and Chelsea,  CIPLA and Lagardere Travel, whilst the retailer is Sainsbury’s Local.  Two of the office floors have been fully refurbished.
• Metrus were appointed to manage from May 2018.

Description

5,000 sq ft office building in St James’s

Asset Management

• Negotiated simultaneous surrender and sale for permitted development to enhance value

Description

The building comprises approximately 45,000 sq ft of offices with four ground floor retail units and a pub located in the London E1.

Property Management

• Metrus was appointed to manage this building in 2015.
• The building has recently undergone a refurbishment of the common parts and the fifth floor. Metrus has been assisting the landlord in managing this process. The building is now fully let.

Description

24,000 sq ft office building

Asset Management

• Provided and implemented business plan including negotiating surrenders to obtain vacant possession, coordinating refurbishment and subsequent lettings, followed by the investment sale

Description

The property located on the northern side of Knightsbridge comprises a parade of 10 commercial units, constructed in early 1900’s. The retail units are arranged over two storeys (ground and basement), within a nine-storey building. There are six tenants who have A1 (retail) use, two tenants with A3 use, and two tenants with D1 use.

Property Management

• Metrus were appointed to manage from Summer 2016

Description

Listed building in Westminster consisting of 60 residential properties

Property Management

• Introduced a Planned Maintenance Programme on a 10 year sinking fund cycle

Description

Substantial office property in Midtown

Property Management

• Managed by Metrus for overseas clients

Description

Retail block with office and residential uppers opposite Selfridges on Oxford Street, total floor area approximately 58,315 sq ft

Property Management

• Metrus were appointed to manage the block in 2013
• The properties have been renovated and the majority of occupiers are now luxury retail operators
• Revision of the service charge budgets and PPM for the property to reflect the newly refurbished properties

Description

Prime retail and office parade opposite Selfridges

Property Management

• Managed by Metrus for Far Eastern Clients

Commercial Agency

• Metrus have let these two-adjoining prominent self-contained period buildings overlooking Selfridges on London’s Oxford Street one of the world’s most renowned and iconic streets.
• The properties have been let in their entirety to a co-working business on a 20-year lease.

Description

Newly refurbished building on the corner of Oxford Street & Berwick Street comprising of ground floor retail and residential upper floors.

Description

Ground floor retail and residential upper floors.

Property Management

• The ground floor is split into 2 units occupied by Footlocker and Tiger
• The upper floors have been sold on a long lease

Description

A truly unique development on a prestigious road in Mayfair

Commercial Agency

• Acquired the 4th floor on behalf of Gravis Capital Partners
• Metrus negotiated very attractive terms on behalf of the tenant, that included a 20 month rent free period

Description

Newly developed Foyles Bookstore with 11 high-end residential loft apartments above

Property Management

• Assisted developer with management strategy, compliance procedures and service charge forecasting

Description

Property acquisition on behalf of TMT client

Commercial Agency

• Achieved an excellent deal on behalf of the tenant
• Provided strategic advice on negotiation, securing agreed Heads of Terms, instructing solicitors and following matter through to completion

Description

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

Property Management

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

Media style office moments from Farringdon Station let on behalf of landlord

Commercial Agency

• Tenant secured within short time frame from the commencement of marketing
• Exceeded client’s expectations on rental level

Description

50,000 sq ft office building located next to Cannon Street Station

Asset Management

• Project advice and implementation for conversaion of mezzanine plant room floor to create c.4,000 sq ft of Cat A office accommodation
• Refurbishment of common parts including reception and lifts
• Lease re-gears and lettings management

Description

20 Midtown has been extensively refurbished, remodelled and restyled to provide stunning highly efficient office space in the heart of Midtown. The building provides 23,000 sq ft arranged over 1st to 5th floors.

Commercial Agency

• Entire 4th, 3rd, 2nd and part 1st floor let to Prospect Business Centre
• Provided extensive advice in relation to Landlords Category A works
• Formulated a leasing and marketing strategy
• Entire 5th and part 1st floor let to media occupiers
• Exceeded clients expectations on rental value by 20%

Description

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

Property Management

• 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

City Fringe office building of 30,000 sq. ft.

Property Management

• Thorough overhaul of service charge regime
• Worked closely with our clients consultants to replace major plant and infrastructure.

Description

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

Asset Management

• Rolling refurbishments of individual office floors
• Tenant engineering to facilitate expansions of tenants within the building
• Preparation and implementation of business plan to increase asset value

Commercial Agency

• On behalf of a charitable trust, terms were agreed for a new 10 year lease without break. The offices comprised approximately 7,000 sq ft of modern space

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

Major office building consisting of 200,000 sq ft

Property Management

• Coordinated  an overhaul of all major services in the building
• Initiated a comprehensive FM role from a single let to landlord controlled services.

Description

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

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

Description

Media style office let in the heart of bustling Camden Town

Commercial Agency

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

Description

13,000 sq ft mixed-use building in Chiswick

Asset Management

• Acquired for a property company client.
• Following refurbishment of common parts and tenant engineering, the investment was subsequently sold at a substantial profit

Description

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

Property Management

• 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.

Property Management

• 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

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

Commercial Agency

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

Description

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

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

Commercial Agency

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

Commercial Agency

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

Description

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

Commercial Agency

• 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

Prime property let on a long lease to Next Plc

Commercial Agency

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

Description

Major property let to Argos Stores Ltd

Commercial Agency

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

Description

Quirky office on the North side of Marylebone

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.

Description

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

Commercial Agency

• 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.

Asset Management

• Tenant engineering to add value

Lease Advisory & Valuation

• Advising Landlord in shops rent reviews and lease renewal negotiations

Lease Advisory & Valuation

• Negotiated lease re-gear for shop tenant in prestigious location

Lease Advisory & Valuation

• Advising tenant in shop lease renewal

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

Lease Advisory & Valuation

• Acting for Landlord in entire building rent review against Garrards

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.

Lease Advisory & Valuation

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

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.

Lease Advisory & Valuation

• 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.

Lease Advisory & Valuation

• Acted for Landlord in shop building rent reviews against Mikimoto

Description

Acting on behalf of a private investor Metrus leased a total of 3,860 sq.ft.  arranged over lower ground & ground floors to a Post Production company

Commercial Agency

• Metrus achieved a competitive inclusive rent, on a short-term basis

Description

The property is situated in the heart of Mayfair and occupies a prestigious position on the northern side of Grosvenor Street, equidistant between its junctions with Davies Street and New Bond Street

Overview

• Metrus were appointed to manage the property from the start of 2017
• 17 Grosvenor Street is an attractive self-contained mid terrace period office building. The Grosvenor Street elevation has a brick and stucco fronted façade with accommodation of over £8,500 sq. ft arranged over lower ground, ground and four upper floors

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

Lease Advisory & Valuation

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

Property Management

• 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

Commercial Agency

• Let over 4,000 sq. ft. of Grade A office space on behalf of overseas client
• Metrus accomplished a fantastic level of rent on competitive lease terms during a tough Mayfair Market.

Description

Fantastic mix-use corner building

Commercial Agency

• Let and sold on behalf of the Landlord
• Achieved a strong rent to a local retailer and followed by selling the property at a price 25% higher than the market level.

Description

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

Commercial Agency

• 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

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

Commercial Agency

• 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

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

Property Management

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

Description

Smart Mayfair office with a fantastic fit out

Commercial Agency

• Assigned on behalf of the Tenant
• Metrus assigned the lease in the midst of a difficult Mayfair market, at a higher rent than the available vacant floors in the building (being marketed by the Landlord).

Description

28,000 sq ft quality office building in Midtown

Property Management

• Managed by Metrus for a UK Charitable Trust

Commercial Agency

• Freehold purchase on behalf of a charitable trust
• Building Comprises 27,776 sq ft (2,580.3 sq m) arranged over lower ground, ground and four upper floors
• Entirely let to Warner Bros. Television Production UK Ltd until January 2021
• Metrus are property managers for the building

Description

Media style office in the heart of Fitzrovia

Commercial Agency

• Let on behalf of the Landlord
• Let at an attractive rent on advantageous terms despite there being multiple nearby options to choose from

Description

A quality office building of 15,000 sq ft

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

Commercial Agency

• Let 14,000 sq ft of office space on behalf of overseas clients on strong, flexible terms
• Metrus let each floor on an individual basis to impressive covenants that include Mace Group

Description

Office building in the heart of Fitzrovia with dual frontages to Foley Street and Riding House Street.

Property Management

• 13,000 sq ft of primarily office accommodation arranged over basement, ground and 5 upper floors.
• Metrus were appointed to manage from early 2019

Description

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

Property Management

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

Description

30,000 sq ft multi-let office building

Property Management

• 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.

Commercial Agency

• On behalf of a charitable trust, the entire 3rd and part ground floor offices have been let

Asset Management

• Provision of business plan and ongoing advice to substantially increase floor areas and to refurbish the building

Lease Advisory & Valuation

• 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.

Commercial Agency

• 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

Prime Mayfair office building

Commercial Agency

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

Description

Retail and office upper parts, prominently located on the corner of Old bond Street and Piccadilly, London W1

Property Management

• Appointed by a far east investor client to manage this prime asset and to coordinate a combination of other professional services

Commercial Agency

• Entire 1st and 2nd floor offices let on behalf of private overseas landlord

Lease Advisory

• Acting for the landlord on valuation and rent review negotiations

Description

Premises let to Snog Juice Bar and Interflora

Commercial Agency

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

Description

A self-contained, cost-effective building in the middle of Great Portland Street

Commercial Agency

• Let on behalf of the Landlord
• Surpassed clients expectations by securing an excellent rent level

Description

Ongoing project.

Asset Management

• 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.

Commercial Agency

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

Description

Restaurant and residential investment property in Chelsea

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

Prestigious Mayfair office building arranged over 5 upper floors with restaurant on ground and basement

Property Management

• Managed by Metrus for over 10 years

Commercial Agency

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

Description

Boutique Soho restaurant & office building

Commercial Agency

• 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

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

Commercial Agency

• 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.
• Let at quoting rent to excellent quality tenant
• Managed for over 10 years
• Let within 4 weeks of marketing at a rent higher than quoting

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.

Description

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

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.

Commercial Agency

• 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.

Description

200,000 sq ft building occupied by offices an retailers alike

Property Management

• Over the past few years the property has been substantially refurbished with a new entrance lobby and atrium.

Description

Parade of 30 shops in this highly affluent ‘village’ location

Commercial Agency

• 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.

Asset Management

• Tenant engineering to increase value

Commercial Agency

• 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.

Description

Offices comprising 15,000 sq. ft.

Property Management

• Metrus has been appointed to manage this asset

Commercial Agency

• Completed short term lettings to mitigate clients liability prior to refurbishment
• Metrus achieved a competitive deal in a tough Farringdon leasing market

Asset Management

• Metrus formulated and oversaw a full refurbishment of the building

Description

Extensively refurbished offices within the heart of Fitzrovia

Commercial Agency

• 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%.

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.

Commercial Agency

• 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 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

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

Lease Advisory & Valuation

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

Description

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

Lease Advisory & Valuation

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

Lease Advisory & Valuation

• 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

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+

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.

Lease Advisory & Valuation

• 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

Prestige office and retail property of 30,000 sq ft

Property Management

• Recent acquisition for far eastern client, being part of a larger portfolio transferred to Metrus management.

Lease Advisory & Valuation

• 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.

Lease Advisory & Valuation

• 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.

Description

29,000 sq ft multi-let, mixed use building in the heart of Soho

Commercial Agency

• Short term office and retail lettings on behalf of Private client
• Enhancing asset value
• Continuity of income and in keeping with asset strategy

Asset Management

• Planning permission obtained for reconfiguration to improve asset value

Property Management

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

 

Description

A high quality residential block within Landmark building of 24 luxury flats in Hampstead

Property Management

• Metrus were recently appointed to oversee the management and a major services infrastructure replacement programme
• Overseeing complex project to replace heating and hot water services

Description

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

Asset Management

• 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

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.

Description

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

Asset Management

• 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 in rental values
• Property sold at 50% above market valuation.

Description

130,000 sq ft retail shopping park

Asset Management

• Asset Management including lettings management, tenant engineering and masterplanning

Asset Management

• Lease surrender, substantial refurbishment, lettings management and pre-let prior to practical completion