Cyril Leonard - News Archive -
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Published on: 6/19/2006
Last Visited: 10/28/2008
As Alan Thomas, an Associate Partner at Cyril Leonard explains, 'the UK real estate industry has developed over a considerable period of time and is now subject to extensive legislation and case law, which can prove to be a minefield for those not fully conversant with potential pitfalls'.
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Thomas says: 'The benefits of rail access to this site have become immediately apparent.
Demand has been considerable, and substantial portions of the estate have already been leased to local industrial and distributor companies.'
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As Alan Thomas says 'it can sometimes be forgotten that there are always property issues to be considered with engineering remedial works, of which there are an increasing number of contracts at the moment.
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According to Thomas, a specialised surveying firm should always be considered when rail firms are seeking advice for the acquisition of additional accommodation. 'Specialist surveyors are in a position to be able to advise on appropriate lease terms, including length of lease, rent, and repairing obligations.