commercial property solutions

c o n t e n t

About Us

04

The Team

06

Agency Services

08

Development

11

Investment

12

Management 14

Insurance 14

Professional 17

Our Clients

18

DEAL

MAKER

DEAL

DEAL

ABoUt

US

prop-search.com

is a firm of commercial property agents and chartered

surveyors with offices in Northampton, Milton Keynes and Wellingborough,

covering Northamptonshire, Buckinghamshire and the East Midlands.

We specialise in providing holistic advice on commercial property, including

general agency (acquiring, letting & selling), development, investment, rating,

rent review, valuation, building surveying, building insurance and property

management through

prop-manage.com

.

Our dedicated professional team have over a hundred years of combined

regional market experience, acting for a wide range of public and private

sector clients including investors, developers, major funds, Local Authorities

and occupiers.

Since the mid 1980’s, as individuals, we have been involved in the development

and disposal of millions of square feet of commercial property across the East

Midlands. In terms of the wider range of professional services we offer, our

team has handled over 1,500 rating appeals, over 1,250 valuations and over

700 rent reviews/lease renewals within in the region.

Our performance has been reflected in Prop-Search being recognised by

Estates Gazette (EGi) as the Most Active Agent in Northamptonshire, having

sold or let more commercial property than any other agent in this region. In

addition, members of the Prop-Search team have received the EGi ‘Dealmaker

of the Year’ award for four consecutive years.

All our staff are experienced, enthusiastic, innovative and loyal. We pride

ourselves on offering clear, accurate, straightforward and honest advice – and

we know our market inside out.

The name is obvious, the logo distinctive, the website

extremely easy to use and the internal systems within the

company fine-tuned to quickly respond to enquiries. The

key factor offered by Prop-Search isn’t just the range of

property services available, but the way we deliver them.

Traditionally, property agents focus on their client base,

giving applicants less attention. We differ in that we focus

heavily on applicants and their specific requirements. After

all, if a property is empty then the most important issue is

to secure a suitable occupier for it.

The internet is fast becoming the favoured medium for

searching for commercial property and Prop-Search is

focused on making life easier for applicants.

We have staff dedicated to qualifying visitors to our

website on a daily basis. We endeavour to contact every

person who registers on our website within 48 hours to see

if they are interested in an appointment to view – if they

are not, then we try and establish what they didn’t like and

what they are looking for, so that we can offer alternatives.

If we can’t help, we keep in touch.

Simon started his commercial agency career with Wilson & Partners in 1987. He stayed with the company through its evolution into Connell Wilson, working in London Docklands between 1991 and 1993 and then later heading up the North Northamptonshire region for Lambert Smith Hampton. He joined Underwoods as a Partner in 1998 subsequently co-founding Prop-Search in 2008.

Simon was invited to be an Ambassador for Northamptonshire in 2011 and has chaired Wellingborough Town Centre Partnership for a number of years.

He specialises in advising on commercial property development, investment and agency.

Chris joined Northampton based commercial property consultants Underwoods in 2000, as an agency surveyor, having worked in business to business sales for 20 years and building up an enviable working knowledge of the Northamptonshire business community. In recognition of being a key member of the business space team, he was promoted to an Associate Partner in 2006.

In 2008, Chris co-founded Prop-Search with Simon Toseland.

Simon Toseland

Chris Billson

Ian joined the surveying practice of Lambert Smith Hampton (then Connell Wilson) in 1989 working his way up the corporate ladder to become a Director and Head of its Industrial and Logistics department in Northampton. In 2012 Ian joined Prop-Search as a Director where he jointly heads up the Northampton office.

Ian has over 20 years development consultancy and agency experience and with expert market knowledge, he is able to provide clear pragmatic market driven advice. He deals with a wide range of agency and professional work on behalf of a range of developers, local authorities, institutional fund and occupier clients.

Richard started his career as a graduate surveyor in the City office of GVA Grimley (now GVA) in 1999.

In 2004 Richard moved home to Northamptonshire and joined the Industrial and Logistics team at the Northampton office of Lambert Smith Hampton, progressing to Director and played a key role in the development of the business across the region.

In 2012 Richard joined Prop-Search as a Director where he jointly heads up the Northampton office. Richard has significant experience working for local, national and International occupiers, developers and institutional pension funds specialising in investment, development and agency – both disposals and acquisitions.

Richard Baker

BSc (Hons) MRICS

Ian Harman

BSc (Hons) MRICS

tHe

teAM

Samantha has detailed knowledge of the UK’s commercial property market - amassed over 20+ years - and has played a key role in business space agency (industrial, office, retail and licensed and leisure property). She joined the surveying team practice of Lambert Smith Hampton (then Wilson & Partners and latterly Connell Wilson) in 1988 and prior to joining Prop-Search in 2010 worked for Underwoods. Samantha is also a Director of the Wellingborough Town Centre Partnership. For three consecutive years Sam has been crowned EGi dealmaker of the year for Northamptonshire, having sold or let more commercial properties than any other agent.

David started his property career as an assistant surveyor with British Gas, then joined Whitbread as an Estates Manager responsible for the Thresher portfolio and Costa Coffee. In 2002 he became the Estates and Facilities Director for First Quench Retailing Ltd responsible for the portfolio of 2000 trading properties as well as both commercial and residential sub-let estates. In 2006 David was recruited as an interim Estates Manager by the Borough Council of Wellingborough, responsible for substantially increasing rental income through the active management of a number of industrial estates. He joined Prop-Manage in 2011 as Head of Management.

Samantha Jones

MCIPR MCIJ

David Robbins

BSc MRICS

Rosie joined Prop-Search in 2009 and is responsible for web-site management including contacting all applicants in order to qualify their interest.

She also works closely with David Robbins on Prop-Manage instructions including rent collection and reconciliation, administration of service charge obligations and preparation of revenue and expense summaries.

After nearly 20 years working in administration & management Sue moved to Prop-Search with the opening of the Northampton office to become office manager. Sue is responsible for the day to day running of the Northampton office including website enquiry management, administration and accounting.

Rosie Bowers

Sue Harman

We have known the Prop-Search team for

many years and have worked with them

successfully on a number of schemes and

projects.

There is no doubt that in the area in which

they operate they are market leaders and

know exactly what is happening within

their patch.

We look forward to working with

Prop-Search for many years to come.

David Keir

Executive Chairman Roxhill Developments Ltd

AGencY

SeRVIceS

As a team, on average,

we deal with over

3,000,000 sq ft of

commercial property

transactions a year.

Over the last 25 years

we’ve been involved

in several thousand

agency transactions.

Case Studies

Let

Long Leasehold interest to Hampton Steel. Prop-Search acted for Random House Group (Transworld Publishers).

AcQUIReD

Bradbourne Drive, Milton Keynes

65,000 sq ft industrial unit acquired for Sansetsu UK Ltd. Relocation and expansion of MK based business.

Prop-Search negotiated a new 10 year lease including agreeing an extensive schedule of condition, tenant only breaks and ‘competitive’ rent deal.

SoLD

Prodrive ‘Fulcrum’, Warwickshire

197 acres with 70,000 sq ft.

Motorsport test track and hospitality experience site.

Planning consent for advanced engineering research and development campus for automotive and motorsport industries, catalyst centre and ancillary. Site sold to Jaguar Land Rover.

AcQUIReD

Moulton Park, northampton

Prop-Search acted for Goodwill Solutions CIC in securing a freehold acquisition.

115,000 sq ft warehouse incorporating two storey offices. Fully fitted detached building on a large site.

8 dock level and 2 level access loading doors.

08

DEAL

MAKER

DEAL

WINNER

DEAL

MAKER

DEAL

WINNER

Prop-Search advises on over

3 million

square feet

of commercial property

transactions a year

We have worked with Prop-Search in relation to a

rather complex situation where we wanted to sell part

of our site, whilst still retaining a small proportion to

ensure we could continue our business. The knowledge

that Prop-Search brought in finding a suitable solution

for our business needs was extremely impressive. They

have extensive knowledge and experience - I was particularly

impressed with their attention to detail and most importantly

they worked with the best interests of our business needs. I would

most certainly recommend Prop-Search.

innovative

agency

Case Studies

InDUStRIAL DeVeLoPMent

central M40, Banbury for Prodrive

Acting for Prodrive, Prop-Search agreed terms for a pre-let with the building being developed by Barwood and British Airways Pension Fund.

111,500 sq ft headquarters facility.

ReSIDentIAL

Land Sale - east northamptonshire

Prop-Search acted in the sale of this 11 acre brownfield site. Site sold to Bloor Homes for the development of around 140 houses.

DeVeLoPMent

RetAIL

London Rd, Wellingborough, northants

Acting for St Modwen, Prop-Search agreed a pre-sale of a 23,000 sq ft food store for Lidl, a Drive Thru restaurant for McDonalds and an 8,000 sq ft retail terrace of multiple units.

MIXeD USe DeVeLoPMent

Southern Gateway Business Park, corby

Site extended to over 20 acres.

Sales secured to Strata Homes, Taylor Wimpey, Pilz UK Ltd, Whitbread (Beefeater/Premier Inn) and Jet Petrol Filling Station.

Consultancy planning advice and full agency instruction.

The team at Prop-Search has a rich history of procuring new buildings through development agreements

both for land owners and occupiers.

Over the last 25 years, we have agreed deals on millions of square feet of commercial property, including

warehousing / distribution / logistics, offices, shops, food stores and restaurant/drive thru’s, as well as

selling/acquiring land for residential development.

We integrate completely within individual projects, from the initial stages of understanding the occupiers

requirements, to working with the developer (including their architects and project management team)

culminating in the procurement of a physical building. We broker the terms of the deal (whether freehold

or leasehold) ensuring that both parties are happy with the structure and value of the deal and often advise

on both forward funding and investment sales.

In effect, we offer a ‘one stop shop’ on the development of new buildings.

We are currently acting on in excess of

20 sites throughout the East Midlands, totalling over 2,000 acres,

Prop-Search offers advice across a broad

spectrum of investment deals from selling

& acquiring properties for investment to

structuring sale & leasebacks for owner

occupiers.

This advice covers all types of commercial

property, including industrial / warehousing,

retail, offices and leisure – both on individual

buildings and estates / portfolios.

We also offer guidance and advice to clients

looking to sell or purchase investments (even

if we are not involved in the sale or acquisition

process) through market research, evidence,

occupier knowledge and experience.

InVeStMent

Case Studies

SALe AnD LeASeBAcK

Rushden, northamptonshire

Sale & Leaseback of new 312,000 sq ft European distribution headquarters.

On behalf of Belkin Ltd for £22 Million on a new 15 year lease at £1,513,000 p/a excl.

oFFIce

Lakeside House, northampton

Grade A headquarters office building extending to 101,223 sq ft.

Ongoing consultancy advice to landlord to assist with the implementation of an investment and asset management strategy.

PURcHASe AnD BReAK UP

Brixworth, northamptonshire

Acquisition and break up / onward sale of the former Mercedes Benz High Performance Engineering complex, part of the Vodafone McLaren F1 Team and Mercedes Benz F1 Team facilities.

7 Buildings totalling over 84,000 sq ft on 10 acres.

RetAIL InVeStMent

Phoenix Retail trade centre, corby

Investment acquired by Prop-Search. Leases to Jewsons / Howdens / Wolseley. 30,500 sq ft with rent role of £183,800 pax. Sold for £2.45m excl. 6.95%.

Our philosophy is that if you deliver what you agree, no one can complain. We retained Prop-Search to act for us in the

break up and sale of the former Mercedes Benz High Performance Engineering facility (part of the Vodafone McLaren

Mercedes F1 partnership) at Brixworth in Northamptonshire. Prop-Search not only delivered what they promised, but

exceeded this through an inherent understanding of our goals and aims, leading to a very successful conclusion, ahead

of schedule and in a difficult market. Five separate deals were concluded within 12 months from our date of purchase,

with adjoining owners, commercial concerns and volume house-builders.

Gary Leigh

Company Director Marlinspike Limited

PRoPeRtY

MAnAGeMent

PRoPeRtY

InSURAnce

Like agency, successful property management relies on good

communication.

All too often letting agents simply pass on property management

to a management department and then forget about the property

/ occupier – moving on to the next deal.

prop-manage.com

is different. Working closely with our

agency team, Prop-Manage maintains regular contact with

landlords & tenants with the purpose of ensuring a closer working

relationship between all parties, maintaining landlord / tenant

relationships and allowing the management team to address

both positive and negative issues that arise in day to day property

management.

In association with insurance broker

Wentworth Alexander Limited (FCA

7509811), a special facility has been

negotiated with ‘A’ rated insurers to offer

preferential premiums and policies to all

Prop-Search and Prop-Manage clients.

prop-insurance

will cater for

all commercial property insurance

requirements even if a property is

unoccupied. Significant premium savings

and improved insurance cover could

be available.

14

Case

Studies

LocAL centRe

northampton

21,000 sq ft multi-let/use local centre. Circa 20 tenants anchored by Tesco One Stop. Full management including rent collection.

oFFIce PARK

Kettering, northants

Development of 18 office units totalling over 33,000 sq ft. Multi-let.

Full management excluding rent collection.

HIGH PeRFoRMAnce

tecHnoLoGY PARK

Brixworth, northants

Former Mercedes Benz HPE Formula 1 facility Brixworth Northants. Home to Ilmor Engineering Ltd & Fablink UK Ltd.

7 buildings totalling over 84,000 sq ft in self contained, secure, landscaped estate. Full management including shared services.

toWn centRe oFFIceS

Wellingborough, northants

22,000 sq ft landmark office building Multi-let - six tenants

Full management excluding rent collection.

Case

Studies

“

We have worked with and

employed the Prop-Search

team for over 15 years

and find their detailed

knowledge of their operational

markets second to none.

The advice we get is clear and

accurate. We would strongly

recommend their services.

“

Selwyn Midgen

Director

PRoFeSSIonAL

SeRVIceS

It’s never been more important to take professional advice. We provide

clear uncomplicated market driven advice whether you are an occupier

or an owner. The combined experience of our team (amassed over 27

years) means that the advice we provide is backed up with a wealth of

detailed market knowledge, built up over a working lifetime from real

deals done by us – not just third party hearsay.

Our professional services include Valuation, Rent Review, Lease

Renewals, Rating Appeals, Planning Consultancy, Building Surveying

and Project Management, Residential Development and land Sales,

Leisure, Licensed and Hotel Industries and Energy Performance

Certification.

As well as providing traditional agency advice on Selling, Letting,

Acquiring and Development, our professional team also provides

additional consultancy services.

These include strategic land assembly and development advice, for

both the public and private sectors in key public sector projects across

Northamptonshire and in the past have included:

• COPELA - Northamptonshire commercial property and Employment

Land Assessment Studies (2006).

• SELA – Strategic Employment Land Assessment for Northamptonshire

(2009).

• Kettering Employment Land Study – (2005).

• East Northamptonshire Employment Land Study – (2006).

• Wellingborough Employment Land Study – (2006).

• SHLAA – Strategic Housing Land Assessment (2009).

LeASe ReneWAL

Wellingborough, northants

24 unit / 76,000 sq ft industrial estate.

New 25 year head lease renewal to the Borough Council of Wellingborough agreed on behalf of Threadneedle.

PLAnnInG

Kettering Gateway (J10 A14), Kettering, northants

Prop-Search acted for Roxhill Developments in providing advice in obtaining planning consent for this site and is now retained as letting agents of this 90 acre mixed use commercial development including B1 / B2 / B8.

Buildings available from 10,000 to 150,000 sq ft.

RAtInG

‘Pembridge Building’ Whittle close, Phoenix Parkway, corby

Prop-Search acted for occupier CRP Print & Packaging Ltd/Smurfitt Kappa. Industrial unit extending to 35,000 sq ft.

Savings to occupier of £64,000.

Rent ReVIeW

Sopwith Way, Daventry, northamptonshire

Prop-Search acting for landlord La Salle Investment Management. Tenant - Cummins Ltd.

100,000 sq ft high quality industrial/warehouse premises.

Crown Park Estates Limited

oUR

cLIentS

18

We have worked closely with the Prop-Search team on various

Strategic Employment Land Studies for the public sector. With

over 20 years’ experience in the Northamptonshire property

market Prop-Search’s detailed knowledge of the regional commercial

property market is unrivalled.

Our long relationship with Prop-Search and its team is built

on a deep understanding of each other’s business and a

like-minded attitude to delivering solutions. This ensures

a strategic and operational approach to our client’s

property work aligned to their business needs. In

my experience Prop-Search’s market knowledge,

diagnosis and execution is first rate.

Andrew Winfield Principal EMW Law LLP

Northern Trust Company Limited has worked with

Prop-Search for a number of years on our 250,000 sq ft

of industrial assets in Northamptonshire. The team has

successfully generated leads which have led to lettings and

we are confident that with their business ethic, our working

relationship will continue over the of years to come.

Tom Parkinson

Director Northern Trust

Prop-Search has provided our company group with an unparalleled, totally

committed and professional service within the commercial property sector.

What makes Prop-Search exceptional is their dedication to serving the best

interests of their client at all times, coupled with a uniquely honest and straight

forward approach to issues. I would have no hesitation in recommending them to

others in this market.

Tom Dormer TD. BA. CMD.

Managing Director YDP Limited

Prop-Search guided us through the biggest move in our company’s

30 year history.

The quality of advice was exceptional and the comprehensive strategy

that was implemented meant that our building was delivered within an

extremely short timescale and on the best market terms.

I would not hesitate in recommending the services of Prop-Search

to other companies looking to relocate to new premises.

WHAt

tHeY

Prop-Search.com Ltd Registered Office - Venture Court, 2 Debdale Road, Wellingborough, Northamptonshire NN8 5AA Reg. No. - 6876373 registered in England and Wales

noRtHAMPton

14 Queensbridge

Northampton

NN4 7BF

MILton KeYneS

Luminous House

300 South Row

Milton Keynes

MK9 2FR

WeLLInGBoRoUGH

Venture Court

2 Debdale Road

Wellingborough

NN8 5AA

PRoPeRtY MAnAGeMent

Venture Court

2 Debdale Road

Wellingborough

NN8 5AA

DEAL

MAKER

DEAL

DEAL

MAKER

DEAL

DEAL

MAKER

DEAL

DEAL

MAKER

DEAL

_WINNER