Burley Browne wins Property Management Instruction
Property consultancy Burley Browne has been instructed to provide a full management service for an office building which recently changed hands in a seven-figure deal.
The new owner of Forster House, Walsall, has appointed the Sutton Coldfield-based company to handle rent collection, liaison with tenants, deal with property and lease related matters, maintenance of buildings and administration of service charges.
Forster House, in Hatherton Road, is a 9,709 sq ft fully-let, four-storey office building. Most of the office space is let to recruitment specialist Extra Personnel. The property includes ground floor retail space.
Faryal Sheikh, senior surveyor at Burley Browne, said: “Forster House was recently acquired by a private investor and we are delighted that they have instructed us to handle all property matters on a full management service.
We have an experienced property management team, supported by lease advisory and lettings specialists, providing a comprehensive service for commercial properties of all types.
Our new client is very eager to increase their portfolio substantially over the next five years and we will work closely with them to identify investment opportunities suited to their requirements.”
James Merrick, director and head of lease advisory and professional services at Burley Browne, said: “Securing this management instruction is a reflection of the quality and professional management service that Faryal and her team provides, backed up by the agency and lease advisory support within the business.
Our property management function has grown substantially over the last two years and now includes a property accounting function managing over 385,818sq ft of property assets across all sectors and dealing with a rent roll in excess of £2.6 million.”
Burley Browne is one of the West Midlands’ leading independent commercial property consultants. It provides a comprehensive range of commercial property services to a wide variety of clients. These include private individuals and small businesses, through to pension funds, banks, property investors and developers, multi-national companies and national retail and leisure operators.
From its Sutton Coldfield head office, Burley Browne is unique in providing specialist knowledge of the North Birmingham and Staffordshire areas (which include Sutton Coldfield, Lichfield, Tamworth and Walsall), whilst also serving the wider West Midlands region.