Nicholas Percival are specialists in acquisition services for three key commercial areas; freeholds, investments and leases.
Nicholas Percival is one of the top firms providing specialist services for clients wishing to acquire freehold commercial properties. Whilst we work nationwide, we have been working within Essex and Suffolk for the last 30 years. Our in-depth knowledge of the people, history and current market trends within Essex, combined with our strategic partnerships and professional contacts makes us uniquely placed to assist clients in East Anglia.
Here at Nicholas Percival, the first step we take is to understand your requirements. From this starting point we will then search and help you acquire freehold commercial property that meets your specifications. Our service encompasses everything from initial advice, property selection, accompanied viewings and technical advice on planning issues and regulations through to dealing with negotiations, instructing solicitors on your behalf (if required) and monitoring legal processes through to exchange and competition.
Our commercial clients return to us time and time again for our professionalism, discretion and exceptional service.
Property can provided a sound investment achieving excellent long term capital growth as well as regular rental income. Within the South East and East Anglia, good quality investment properties are often sold well before they are placed on the open market and without the right assistance, clients can face an almost impossible task in knowing where to start their search, which areas to focus on or what will make the most suitable investment property for rental income, return and capital growth.
At Nicholas Percival we will ensure you SECURE THE RIGHT ASSETS AT THE RIGHT PRICE
We draw on expertise from across our business to make sure you get the right investment asset for the right price; delivering maximum return whilst minimising the risk. Before we propose the composition of any clients' property portfolio, we get to understand your needs and aspirations. Of course this means understanding your attitude to risk but also includes the understanding of the property investment; whether income/return is the main objective or capital growth, or both.
Our services cover everything from due diligence on your property investment to letting advice, property development support and asset management strategies.
When looking for a commercial lease, due diligence is key. At Nicholas Percival, we start with understanding your requirements and then will begin the search process and work with you through negotiations to exchange and completion.
The search process
We will prepare a customised report containing properties relevant to your requirements with comparable evidence where applicable and assist you in deciding which property should be viewed. We will arrange accompanied viewings of selected properties and provide professional advice and reports to help you make a considered decision.
We will help you with each step of the negotiation process:
- We will meet with you and advise as to the current market conditions and suggest negotiations and tactics such as Market rent-free incentives and cash backs
- We will check measurements on-site and verify the Vendors/Lessors Agents property details advising accordingly
- We will submit offers on your behalf subject to contract and negotiate for you where applicable paying special attention to terms of modern commercial leases such as rental levels, tenants incentives, drafting of rent review clauses, dilapidation responsibilities etc.
- We will draw up comprehensive heads of terms subject to contract covering an agreed transaction, we will instruct Solicitors on your behalf and monitor the legal process throughout to exchange and completion
Thomas Noble is the Director of the Nicholas Percival Commercial Property Division. For more information or to set up an initial meeting please contact him.
Thomas Noble MRICS