Goldsworth Park District Centre, Woking

Curchod & Co LLP successfully negotiated lease renewals and rent reviews on five retail units including Boots and Waitrose, which provided an increase in rental income to the client on leases for terms of between 5 to 10 year.

The challenge

Goldsworth Park District Centre is a mixed use purpose built development comprising a supermarket, retail units, public house, petrol filling station, medical centre and Woking Same Beare Hospice.  Curchod & Co were appointed in April 2020 as managing agents for the individual units and service charge of the site.  We were also instructed to undertake outstanding rent review and lease renewals.

Our approach

  • A full review of the service charge, current and past budgets to understand the outstanding, ongoing and planned maintenance required for the site
  • Reviewing all contracts on site and tendering out for a full review
  • Providing professional and valuation advice in relation to the rent reviews and lease renewals
  • Undertaking a marketing campaign to secure new tenants when units become vacant

The result

Curchod & Co LLP have produced a planned maintenance programme for the next 1-2, 5 & 10 years to ensure a smooth running and upkeep of the busy site.  This allows for the service charge budget to be effectively run.

 

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JUST SOME OF OUR HAPPY CLIENTS

Having worked on both sides of the fence with and for Curchod & Co I can confirm that they run an efficient, friendly business and are very experienced and tenacious.



Helen Hill – Solve Planning Ltd

We have developed excellent working relationships with Nick at the team over the last 20 years.  They provide excellent advice and are very knowledgeable of the market.



Lewis Trevellyan – Trevellyan Developments Ltd

Huge thanks to David Bowen for his unwavering commitment to the Henley Business Park scheme from the outset ensuring a highly successful and profitable development.

Nick Kay – Development Director, St Modwen PLC

Curchod & Co have represented QinetiQ to market the Cody Technology Park since 2009 and during this time have consistently delivered a high level of service.



Philip Holmes – Senior Estates Survey, QinetiQ