LSH Takes Control of Regional Office Portfolio

Posted on 1 August, 2012 by Neil Bird

Commercial property consultancy Lambert Smith Hampton (LSH) has been appointed to oversee a portfolio of regional office buildings, the company reports. The properties are located throughout the Midlands and the north of England and LSH will asset manage the portfolio on behalf of Fixed Charge Receivers.

The buildings are located in Stafford, Burton-on-Trent, Wolverhampton, Bedford, Northampton, Salford, Runcorn, Blackburn and Wakefield and together they represent 77,000 sq. ft. of office space.

The portfolio includes offices on high quality sites like Staffordshire Technology Park, Burton-on-Trent’s, 200 acre mixed use site, Centrum 100 and Bedford’s 70 acre Priory Business Park. All the properties are currently multiple tenanted by both national companies and local firms.

Liam Hawes and Nick Hammond will oversee the instruction from LSH’s Nottingham office, but LSH offices in Birmingham, Luton, Sheffield and Manchester will provide a local point of contact. There will be further involvement from the firm’s Building Consultancy, Lease Advisory and Agency departments.

LSH say they have already made changes to the way the sites are run and they promise to add value to the assets through continued improvements.

“This is a very challenging and complex portfolio, as is to be expected with a receivership instruction.” Liam Hawes explained.

“Already, tenants have seen real improvements in the way the sites are being managed – our proactive approach ensures that the asset value is maximised through the retention of existing tenants and housing of new occupiers into the schemes.”

Nick Hammond added; “LSH are well placed to handle the instruction, from both a strategic and operational perspective, with our network of local offices and cross-discipline expertise adding value throughout.”

LSH was formed in the 1980s and has since enjoyed significant growth making it one of the UK’s largest commercial property consultancies.  Today it has access to 850 specialist staff providing services and advice on a range of subjects including acquisitions and disposals, investment property management and building consultancy.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions

Covid-19 Causes Millions To Claim UK Furlough Scheme