acquisitions

Dowd & Company specialise in the acquisition of leasehold and freehold central London office premises. We have an in-depth knowledge of not only the streets of central London, but the buildings in those streets and in some cases, the floors within those buildings.

As primarily an occupiers consultancy we work closely with our clients to find out exactly what they require for their new space. Below are factors that need to be considered when looking for new accommodation.

  • Location criteria and transport connections.
  • Floor size in relation to the number of employees, the need for open plan, hot desking, quiet areas, storage, space planning etc.
  • Measurement of the floor area in accordance with the Royal Institution of Chartered Surveyors Code of Measuring Practice.
  • The need or otherwise for expansion over the period of the lease.
  • Rent including the possibility of rent free periods or stepped rents.
  • Service charge analysis, insurance and building management.
  • Business rates.
  • Partitioning planning, fit-out, telecommunication facilities and power supplies.
  • Building surveys.
  • Lease terms including alienation, repairing covenants, break options, rent reviews, user clauses, hours of access etc.
  • Dilapidation responsibilities – an extremely important factor when taking a lease and are often overlooked by tenants at their cost.

Dowd & Company will negotiate the very best terms on our client’s behalf and will then liaise fully with their solicitor throughout the transaction.