& Associates are specialists with several years experience in dealing with
the Telecoms market. Our employees include, members of the Royal Institute of
Chartered Surveyors, the Chartered Institute of Arbitrators, the Institute of
Revenues Rating and Valuation as well as the Institute of Leadership and Management.
Due to our active involvement
with day-to-day market transactions, we have an extensive comparable database
of transactions around the UK. This supplemented by continual research and monitoring
of the telecoms sector places the firm in a unique position to provide professional
advice in this very specialised field. Ultimately, we add value and increase rental
income. Our clients benefit from maximized revenue.
have extensive experience in approaching, negotiating and working with property
owners in acquiring sites both speedily and efficiently. We ensure the best terms
are agreed and we appreciate time may be of the essence. We have proven experience
in negotiating not only favourable rental terms but also other key heads of terms
such as length of lease, rent reviews, break clauses, access, health & safety,
maintenance rights and alienation provisions etc.
have a mobile phone mast or antennae on you property? We can help especially in
management. Why pay more than 10% for management? More than 50% of leases and
licences are on prejudiced terms. It may be possible to break a bad lease and
obtain a new one on modern terms thereby adding to the Landlords investment value.
Maurice & Associates are specialists in lease re-gearing.
Consultancy & Strategy
to develop an income generating strategy?
owners of land and property have a desire to improve or increase revenue generated
by their assets or they may just want to know how to exploit their portfolio.
provide advice on the opportunities available and on appropriate policies for
telecoms installations to ensure that your property is managed effectively and
revenues are maximised.
The property market in telecoms has continued
to become more sophisticated as more sites and competing networks are added. This
has resulted in existing telecoms agreements becoming rather out of date and often
requiring modernisation in line with current commercial practice.
the impact of lease renewals of the Communications Act 2003 as well as the Landlord
& Tenant Act 1954 require careful consideration.
act for several landlords at renewals and as expert witness.
to the demand for sites, rents continue their upward trend. The telecoms market
is moving away from the Retail Price Index (RPI) linked rents to the greater of
RPI or Open Market Value at Review. With the Majority of the evidence in the hands
of the telecoms operators, it is important to be represented by professionals
with knowledge and experience of the market to ensure that your site is not under
Landlords need professional
property advice to ensure review increases are maximised to enhance their investment.
You cannot rely on your solicitor for valuation advice or negotiations. We act
for several landlords at rent review including 3rd party referrals.
worded agreements with telecom operators will allow them to upgrade their base
stations to handle both 2G and 3G traffic. This results in the operator having
an increased benefit from the site, which cannot be reflected in the rent until
an open market rent review clause arises.
have proven methods of extracting value for landlords in these situations.
management and administration
relocation of equipment
Planning permission for upgrades
hoc property advice
can also negotiate multi-site agreements on your behalf.
& Portfolio Management
can actively manage portfolios of sites, which generally involve:
The legislation and guidance covering Town & Country Planning and the installation
of telecommunications equipment and structures is both complex and extensive and
a thorough knowledge and understanding is essential. Knowledge of this area is
particularly important at the present time with the operators having imposed upon
them a greater environmental awareness, a need to conduct wider consultation and
provide detailed information to accompany all submissions.
approach has always been to endeavour to form a partnership with the relevant
Planning Authority at an early stage.
actual selection and recommendation of sites must have a very careful eye to planning
applications. Accordingly early and continuous consultations with the Local Planning
Authority are essential.
FOR A FREE LEASE AUDIT
Maurice & Associates
South Hill Avenue
+44 (0) 208 938 4646
Fax: +44 (0) 208 938 4605
Mob: +44 (0) 776 212 0027