The property had been managed many years by a residential agent. A vacancy of one small show-room was looming and the property income was the only source of income for the elderly owner. Property 100% leased with no rental loss.
The Owner decided they needed to appoint a dedicated commercial agent who could source an appropriate tenant, ensure the premises, and make sure the new lease was on commercial terms and conditions. We also identified some maintenance issues that were easy to repair before a major issue could arise. We created a cost efficient marketing campaign to ensure the market was aware of the unique offering.
We coordinated the timing of the incoming and outgoing tenants so the owner had no days without rent being paid.
The rental achieved was at the upper end of the market range and provided a rental increase of 10% over the previous rent.
“You have managed all our expectations and exceeded many. It is wonderful to be dealing with professionals.”