Acquisitions
ONE
Identifying Requirements
Scope out size, usage, location, tenure, hours of operation, facilities, utilities and specification.
TWO
Search
Produce realistic acquisition possibilities without unnecessarily alerting the market.
THREE
Shortlisting
Identify the strongest acquisition targets.
FOUR
Inspections
Initial property inspections with clients of strongest acquisition targets.
FIVE
Decisions
Reporting to the board / management team for the start of the decision making process.
SIX
Negotiations
Our experienced negotiators begin talks with landlords, landlords’ agents and other third parties to ensure the best client outcomes and advise on appropriate course of action.
SEVEN
Designing of Heads of Terms
Negotiating and designing appropriate Heads of Terms is absolutely vital for a successful property acquisition.
We advise clients to focus on this important professional process so there is clear understanding on all elements of the commercial agreement to ensure completion and avoid unnecessary delays and additional legal intervention.
EIGHT
Due Diligence
We liaise with third party professionals such as surveyors to oversee and resolve a wide range of due diligence requirements. We project manage technical requirements such as building condition reports and specialist surveys for electrical, floor loading, environmental and ecological specifications. We manage local authority compliance requirements.
NINE
Continual Communication
SBM plays a pivotal role in co-ordinating all parties during the completion process. A core part of our service is to ensure there continuing communication among all stakeholders. We provide the support and expertise to successfully manage this process to deliver successful outcomes.
TEN
Completion
On completion of the property acquisition, we have a happy client, ready to embark on an exciting new future.
"Our client accepted our recommendation to relocate their logistics operation simultaneously rather than sequentially to reduce risk. On the day of completion they signed a contract with a customer enabling conversion of risk into profit."
Robyn Richards
