Article – 18th January 2021

Office Acquisition – Horsham, West Sussex. Curchod & Co’s property advice helps client save thousands of pounds

Acting on behalf of Veryan Medical Limited Curchod & Co are delighted to announce the acquisition of 2 Grove House in Horsham.

2 Grove House comprises a 3 storey office building in Horsham town centre totalling approximately 2,500 sq.ft.

Curchod & Co’s extensive market knowledge ensured that our client received favourable lease terms including a tenant only break option, considerable savings including an extensive rent free period and a discounted rent.

Our building surveying team also identified an extensive list of building disrepair items.  Whilst these issues were all relatively minor, when combined they represented a considerable liability.  Had they not been identified through a full building survey prior to lease completion, our client would have found that they were responsible for the problems at considerable cost at lease end.

Curchod & Co’s expert knowledge achieved initial savings of circa £40,000 through rent reductions, rent free and refurbishment costs with an unquantified but significant saving achieved on future dilapidation liabilities.

To find out how Curchod & Co can help your business save money when leasing or purchasing commercial property please contact Nick Reeve, Partner in the Farnham office.  For building survey advice please contact Duncan Firstbrook who is head of our commercial building surveying team.