622f3d046773aa36757a8a76 663ea57017007f7ef9d9a398ffa59e245aa21ccb17ffbec434bf1987965c9ef7 web
Hertfordshire

Project summary

  • To review an offer to purchase the land let to a Telecoms Operator and advise the client as to their options, market values and wider terms.
  • Being let to a Telecoms Operator, the client received an annual income by way of a base rent but also additional income for the Tenant sharing the land with other users.

Solution

  • Negotiate terms of sale including : 3.5 times increase in the original offer to a final sale price;
  • Coverage of the clients’ professional fees (agents and legal fees);
  • An increased demise to future-proof the site for the purchaser;
  • Shared repairing obligations over the access tracks.

Benefits

  • Client reassured no ‘nasties’ in the detail
  • Client benefited from the team's extensive experience to maximise value
  • Heads of Terms agreed within 4 weeks
  • Legal completion timed in line with existing payment dates
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