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.
Industrial Investment Acquisition York
On behalf of a private SIPP investor, we acquired 9-20 Alan Farnaby Way, Sheriff Hutton Industrial Estate, York, YO60 6PG, a detached freehold warehouse extending to 566 sq.m (6,088 sq.ft) for £505,000. Simultaneously with the acquisition of the freehold, Solinear Ltd entered a new 10 year FRI lease with a break at the 5th year at a rent of £40,000 pax which equates to £6.50 psf. McBeath Property Consultancy Ltd acted for the vendor and introduced the tenant Solinear. David Brackenridge commented this was an excellent deal for all parties, our client wanted to secure an investment opportunity. The owner just wanted to sell and Solinear who were already on the estate wanted to expand into a larger unit.
Industrial Investment Acquired - Aberdeen
On behalf of a Family Property Company, we have completed the purchase of Cut House on Aberdeen Energy Park, Aberdeen. The property is a modern (2008 built) industrial unit on a 1.25 acre site let for 10 years to Cutting Underwater Technology Ltd with annual RPI rental increases. The property was secured for a net initial yield of 9.43% after allowing for purchasers costs. The deal supports our aim of sourcing and acquiring good quality investments across all sectors, particularly targeting the £500,000-£5 million lot size.