Perseverance Pays Off: Transforming Vacant Space at Abbey Mill House
As part of the development of The Blade, an iconic office building in Reading, the developers constructed an adjacent residential block known as Abbey Mill House. Planning regulations required a 5,353 sq ft two-level commercial unit on the ground and lower ground floors, intended to add vibrancy at street level. However,...
Scaling Up for Success: Expanding Dice Medical Communications’ Workspace
Dice Medical Communications experienced rapid growth, requiring a larger office space to accommodate their expanding team and support their continued business growth.
Securing Strategic Growth Space for Oxford BioTherapeutics
Rapid expansion necessitated a larger, purpose-built lab and office space in the competitive Oxford market, to maintain momentum and facilitate the client’s continued growth and groundbreaking work.
Bringing a New Restaurant to Broad Street
Hicks Baker were tasked by our clients to secure a tenant for the vacant unit. A new tenant was required that: Had sufficient experience and expertise to open a viable business Had appropriate financial backing to undertake a comprehensive fit out Provide a stable rental income for the landlord
New Retailer at Busy Precinct in Woodley
Hicks Baker were tasked by our clients to find a tenant for a vacant unit previously tenanted by New Look. A new tenant was required that: Would be a good mix with other tenants in the centre Provide a stable rental income for the landlord
Vacant Former Bank Premises Purchased and Converted to Commercial & Residential Use With Retail Unit Let
Acting on behalf of clients who wanted to embark on buying vacant commercial property which was suitable for conversion to a mixed use scheme, Hicks Baker advised on all aspects of the purchase, conversion and letting of the commercial property. An independent retailer was secured once the conversion works had been...
New Tenant Secured for Small Unit on Windsor High Street
Hicks Baker were originally acting for the tenant and seeking an assignment or sublet of their lease. However once terms were agreed with a new party, the original tenant went into administration. Therefore, discussions moved to the landlord and Hicks Baker were required to find a new tenant for the...
ThaiGrr! Moves Into New Units at Broad Street Mall, Reading
Hicks Baker were tasked by our clients to market two recently created new retail units, in the leisure quarter Queens Walk. A new tenant was required that: Would increase the footfall of the area Be a complimentary operator to other leisure tenants
Vacant Possession Secured to Release Development Value for Maidenhead Property
Hicks Baker were tasked by our clients to sell a three-storey building, let to a single tenant. However, the property was overrented and the best value for the property was when vacant, so that redevelopment of the upper parts could take place. A surrender agreement therefore needed to be reached...
Bringing a New Restaurant to Reading Town Centre
Hicks Baker were tasked by our clients to oversee the surrender of the lease to Pizza Express – to provide appropriate property management whilst the unit was vacant, and then secure a new tenant. Our client is based overseas and therefore required a ‘one stop shop’ in dealing with his...
A New Tenant Is Secured for Reading Town Centre
Following a CVA, the lease on the former Cath Kidston store in a prime pitch in Reading was placed in the hands of administrators. The landlords appointed Hicks Baker to advise on market terms in the wake of emerging from lockdown, and to secure a new tenant. In the light...
10-Year Lease Agreed for Retail Property Previously Vacant for 12 Months
Hicks Baker were tasked by our clients to find a tenant for unit which had sat vacant for the previous 12 months. The client owned adjacent property so a new tenant was required that: Would bring new people to the area Provide a stable rental income for the landlord
Category A Office Fit Out in Chippenham
Our client acquired a vacant two-story 6,300 sq ft office building in Chippenham. The building was a shell which had never been occupied. Hicks Baker was approached to provide professional building surveying advice to the Client on the proposed design and procurement of works to fit out the interior to...
230,000 Sq. Ft. Distribution Building in Bedford Fitted Out
Our client, a national logistics company, agreed terms with a developer to lease a new 230,000sqft distribution building in Bedford. The building was to be constructed to incorporate our client’s requirements. Hicks Baker was approached to provide professional building surveying advice to the client on the proposed design and procurement...
Disposal of a Vacant Office with Development Potential
Hicks Baker were appointed to sell the freehold interest of MASDAR House. Prior to receiving instructions to dispose of the asset, our client had obtained planning consent for a change of use to 7 residential units subject to agreeing the Section 106 agreement. The Section 106 agreement was determined to...