Our commercial property management team act for a range of clients including private individuals, property companies, Cambridge colleges, charities and institutions. Whether you have one commercial building or multiple commercial properties, our team of commercial property managers will provide you with real insight, innovative solutions and forward-thinking advice designed to achieve the best return on your investment.
We offer commercial property management services including strategic investment and portfolio advice on everything from individual units to multi-let mixed use developments. Whether your objectives are long-term investment or short-term gain, our commercial property managers can provide advice tailored to your requirements.
Commercial Property Management in Cambridge
Located at Clifton House in Cambridge, the Commercial Property Management team is perfectly positioned to manage all types of commercial property in Cambridgeshire & the surrounding area. Our commercial property management team also advise clients in Suffolk, Norfolk, Hertfordshire, East Northamptonshire and Peterborough.
Commercial Property Management Services
Cheffins commercial property managers assist clients with the following services:
Asset management; regular property inspections, rent collection; service charges; repairs and planned preventative maintenance; cost recovery; tenant liaison; tenant management; lease renewals; rent reviews; refurbishment and redevelopment; marketing of vacant units; change of use; acquisitions; administration of property insurance and strategy and general advice.
Types of Commercial Property Management
At Cheffins we manage commercial property in a wide range of sectors including Offices, Retail Property, Industrial units, Factories, Restaurants, Leisure, Healthcare, Hospitality and Shopping Centres. Our understanding of the different commercial property markets in the region is underpinned by significant experience, expertise and insightful data, so we can provide our clients with the best advice taking into account market factors unique to each sector. Whether you need assistance with maintenance, marketing, rent collection or more strategic advice, our experienced commercial property management experts can help.
Retail & multi-use property management
Retail plays a central role in British life and in the UK’s economy, being one of the largest private sector employers. The challenges facing the retail sector today are widely reported and our commercial retail property management team advise our clients to take a long-term perspective of the viability of retail businesses whether within a parade of shops, the high street or a shopping centre. It is important to have a healthy mix of small and large retailers in diverse locations as this is often the route to remaining relevant and prominent in a competitive consumer environment and securing sustained profitability for landlords.
Our commercial retail property management team act as an intermediary to ensure the relationship between landlord and tenant is collaborative and productive. We can provide advice and guidance on marketing vacant units, negotiating leases and lease renewals, rent reviews, asset management and managing repairs and refurbishments. We can also undertake strategic property reviews and offer option appraisals which will analyse costs and benefits against your objectives so you can make informed decisions.
For mixed-use properties, we work with our colleagues in Residential Lettings to ensure that retail properties with a residential element are fully occupied and managed. Our lettings department has a suite of options available to landlords from rent collection to a fully managed service.
Industrial property management
Industrial space and warehouses have benefitted from a rise in rental and capital values in the last eighteen months. The growth of the online consumer has seen a surge in demand for warehousing and industrial stock in strategic locations. Across Cambridgeshire and the wider region, industrial property has been characterised by a lack of supply either for sale or to rent and, as a result, units on industrial estates are often snapped up when they come to market.
Cheffins industrial property management team can advise you on the yields you can expect from the industrial property market; we can market vacant units, carry out rent collections, lease renewals and rent review negotiations, advise you on landlord’s obligations under statutory and sustainability regulations, prepare schedules of dilapidation and provide strategic advice.
Office property management
The market for offices in Cambridge and the wider region has benefitted from rising rents as home-grown companies compete with global corporates for the best quality space on offer. This has led to a buoyant market with year-on-year growth in rental values and ongoing demand from businesses for office space in Cambridge city centre and prime edge of town business parks.
Our commercial office property management team work collaboratively with landlords and tenants to ensure a productive and long-term relationship exists that is beneficial to both parties. Detailed below is a range of advice that we can offer:
- Alterations, change of use
- Lease assignments and Sub-lettings
- Database management
- Insurance premium recovery and renewals
- Lease management
- Property accounting and reporting
- Service charge management
- Periodic building inspections
- Vacant space management
Leisure & hospitality property management
With a resurgence in domestic tourism following the pandemic, our team of leisure and hospitality property management experts have a nuanced understanding of the market conditions which are unique to the region. We provide a wide range of advice across the entire spectrum of leisure property including pubs, restaurants, hotels, cinemas and sports facilities. We can advise on formulating property and asset management strategies in line with your overall business plans; undertake strategic refurbishments and major works programmes. We can also assist you in identifying redevelopment opportunities and demonstrate where you can add value to your asset through alternative uses.
Healthcare property management
Healthcare property management is facing a time of unprecedented change with increasing legislation and obligations under the Care Quality Commission. Our healthcare property management team offer a comprehensive service for landlords with healthcare properties in their portfolio including rent reviews, lease negotiations, facilities management and service charge management ensuring that the properties within our management are fully compliant with all the relevant legislation.