The added value of a telecoms mast to your bu

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News article

The added value of a telecoms mast to your business

November 2011

telecoms mast

Business owners with shops, offices or industrial units could possibly be earning an additional income by utilising their unused land or property for the installation of telecoms equipment.

The advice comes from Chris Hicks of Fisher German, who acts for a wide range of clients with telecoms equipment on their land. He has vast experience in the industry and believes that many landlords could be benefitting from the additional rental income.
 
Chris comments “Telecoms masts are an excellent form of diversification. A single mast being used by a single operator will pay a landlord in the region of £4,000 - £5,000 per annum with a typical lease period of a mast being 10-20 years .
 
“There is no capital outlay in telecoms lettings as the operator pays for the installation of the equipment and contributes towards the landlord’s associated professional and legal fees and the drafting of legal documentation.

“It is a very efficient way to use any underutilised areas. As only 50m2 of land is required for a single mast, they can be placed on small areas such as a roof top, service yard or the peripheries of a car park.”
 
Some landlords worry about the visual impact that a telecoms mast will have on their business, however Tom believes that there are ways around this. “Modern telecoms masts can be disguised to blend in with their surroundings. We have dealt with a number of clients who have had masts on their land disguised as trees, telegraph poles and even flag poles.”
 
If a landlord or manager of a business would like their site to be considered for a telecoms mast installation, Fisher German promote land and buildings through their telecom site database which is regularly sent to telecom companies and their agents, allowing the mobile networks to see if a site is suitable.
 
Many shops, offices and other businesses have already diversified and had telecoms equipment installed, but these landlords must be vigilant to operators who may try and alter equipment and drive down the rent that they pay. Landlords should seek professional advice from telecoms surveyors who can inform them if they are receiving fair market rent levels and can negotiate on their behalf if they are not.

Fisher German recently secured a lease renewal for a commercial property in the Midlands achieving a 25% increase on the previous rent and negotiated out the operators’ termination rights for the first three years of the term. 
 
It is imperative that the correct advice is sought regarding telecoms installations, whether they are newly constructed or an existing mast on the land. 
 
For further information about having your site course considered for a telecoms mast or if you already have telecoms equipment, please contact Chris Hicks on 01858 411255 or email chris.hicks@fishergerman.co.uk
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