Brackenridge Hanson Tate is a an independent, multi-disciplined firm of commercial chartered surveyors. Providing professional property services since 1998, we provide a quality, nationwide service from our offices in Leeds. The core of BHT is a small, highly-motivated team led by two of its founding partners, D.W.Brackenridge and Robin Hanson, together with two surveyors, an account manager and a secretary. Our national coverage is enhanced by long-established working relationships with two consultants working beyond the northern property market that is our primary focus; Rob Stollery works with BHT from his base in Derbyshire and Clive Thomas covers much of what we do in London and the South.
We aim to deliver a professional, high quality and proactive approach based on the provision of a tailored service, always looking to build long-term relationships and win repeat business. This approach has allowed us to establish a diverse client base that includes businesses such as Skipton Building Society, HSBC, Rayner & Keeler, Handelsbanken, Threadneedle and Commercial Estates Group.
As a firm of professional property surveyors, BHT is regulated by the Royal Institution of Chartered Surveyors (RICS). We are also members of PAI, the industry association for smaller commercial property practices in the UK.
Retail Parade - Belle Vue, Hartlepool
Acting on behalf of a private SIPP, Brackenridge Hanson Tate and CPN have acquired the above retail parade. The property comprises 5 shops with tenants including a Nisa Convenience Store, Greggs, Vets for Pets and Subway. It forms a busy and popular local centre currently producing an income of £88,430 pax. A price of £925,000 was paid reflecting a net initial yield of 9.05%. Michael Steel & Co represented the vendor. The purchasers have a further requirement for such opportunities and are one of the few investors keen to acquire retail investments. Due to Covid-19 more people are shopping locally and our clients are particularly keen to acquire local retail investments.
Another shop let!
31-33 Town Street, Armley has been let to a local occupier for use as a sandwich shop following high levels of interest. The shop was let at the asking rent of £12,000 pax with no incentives. We continue to be active in the retail market, to discuss your requirements please get in touch.