Collaboration and commitment are the cornerstones of our services. Our client base encompasses landlords including Landsec, Schroders, Hermes, Grosvenor and Capital & Regional plus occupiers such as Sainsbury’s, JD Sports, Sports Direct, Next, Hotel Chocolat, Metro Bank, Ecco and Deichmann.
High Streets remain the backbone of the UK’s retail landscape. Their relevance will be increased by the predicted trend towards ‘localism’ following the Covid-19 pandemic.
Accordingly, they provide opportunities for landlords, investors and retailers/leisure operators. We understand the complexities of High Street environments, and our client base of landlords and occupiers enables us to reconcile the objectives of both.
In the shopping centre sector, BKL has established a specialism in creating leasing strategies which can reposition centres for the evolving world of retailing and the catchments they serve.
BKL works across the restaurant and leisure sectors advising on a wide range of properties encompassing restaurants, cinemas and gyms. We provide our landlord and occupier clients with strategic advice on leasing, development and operator mix strategies.
Our restaurant and leisure clients include a wide variety of F&B and leisure operators together with many of the UK’s top landlords.
Our team has helped many retail brands develop their store network strategies and how they align with opportunities across all trading environments ranging from regional shopping centres to local High Streets. For retailers and leisure operators, the need to ‘rightsize’ their portfolios has become of critical importance.
Through relationships that we have built over many years, we provide occupiers with a range of acquisition, disposal and re-gearing services which support their business plans.
Ongoing disruption in the retail and leisure property markets presents opportunities for investors; but also challenges for asset managers. Buying opportunistically or disposing of assets which are no longer aligned to strategy are becoming prominent trends in the market.
Our Leasing and Lease Advisory activity means we are ideally placed to provide transactional advice on disposals and acquisitions, and strategic consultancy on portfolio audits and appraisals.
For asset managers, we add value through lease restructuring; including re-gears, surrenders, lease extensions, break clause management and preparation for redevelopment or repurposing.
BKL has a wealth of experience providing quality advice to owners and occupiers on a wide range of property types.
The team covers all areas of rent reviews, lease renewals and lease restructuring/re-gears. It has a particular focus on advising on asset management, lease and rent negotiation, portfolio strategy and dispute resolution.
We add value by combining in-depth market knowledge with a senior level service and strong personal relationships with clients and other parties.
Whilst the core of BKL’s work is in the retail and leisure sectors, we are also regularly asked to consult on properties in other sectors including Offices, Industrial and Distribution. This enables clients whose holdings comprise a mix of uses to get the same expert assistance from a single source.
We also source advice in specialist areas such as Rating, Building Surveying, Project Management, EPCs and the production of Land Registry-compliant plans so that clients can benefit from a fully integrated service.
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