Wintersells Road, Byfleet
Wintersells Road Byfleet
Surrey – Distribution/Car Showroom
Ford uses this building as a service and repair centre as it is adjacent to Byfleet Station. They negotiated hard, despite market evidence of significant rental increases. Our strategy was to apply for the appointment of an Independent Expert to encourage the tenant to make a sensible offer. We were confident that the rent should be higher than the tenant had offered and advised our client to let us make our case to the Independent Expert. We presented our case by written submission and our decision not to accept the tenants offer was vindicated when the Expert determined a rent 9% above this level and 2% above our offer to the tenant.