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Discipline: Office search / acquisition


Client: Mercury Engineering

Location: Glasgow - West

Year: 2013

Details:

On behalf of our client, we reviewed their current occupancy and requirements, and were quickly able to advise that given their expaning operation, a number of alternative options would be available.

We then undertook an extensive search for available properties on the west side of Glasgow, shortlisting three of these after a number of viewings.

Heads of Terms were requested from the shortlisted properties, and we eventually negotiated a significiant incentive package for our clients preferred option, reducing the rental rate to 50% of the figure prior to the move.

During this process we also gave our client advice on their outgoing liabilities and as part of our agency service and prepared a photographic Schedule of Condition to limit their repairing obligation for the new premises.




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