Property Services

We have a professional and dedicated team that can provide advice and assistance.

OUR SERVICES


AGENCY SALES & LETTINGS

Our General Agency department provides advice on the sale and letting of commercial property. We offer a free inspection of your property and will undertake a report providing our recommendations on the best (and most cost effective) means of marketing to ensure a successful result.

We provide a consultation service with respect to development viability and site assembly and acquisition. Our Property Search facility will give you a detailed insight into the properties we are currently marketing and our property requirement facility will add your requirement to our comprehensive mailing list to ensure that no opportunities are missed.

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AGRICULTURAL

Northern Real Estate provides valuations for agricultural land and property and we have developed a detailed database of agricultural land sales so that we are up to date in this market. We now offer an unrivalled sales department with a focus on Agricultural farm sales in the North Coast / Mid Ulster and wider rural catchment areas.

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COMPENSATION & RATING


Compensation

Compulsory purchase and acquisition is required to promote public interest in privately owned lands. Examples of such schemes include road widening schemes, road by-passes, sewerage improvements and Airport expansions. Northern Real Estate have a proven track record of success in completing compensation claims for clients who have been affected by compulsory purchase and acquisition schemes in the North West and beyond. On behalf of claimants we can provide advice on how best to protect their position if part of their land is included or adjacent to a potential compulsory purchase scheme. We also advise on negotiation and settlement of compensation claims to include appearance before the Lands Tribunal if necessary. Northern Real Estate offer a free consultation to advise those whose property may be subject to acquisition by statutory bodies.

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Rating

Rating is an area often overlooked by occupiers due to its complex nature and lower impact than passing rents. Northern Real Estate provide advice on a wide range of Rating issues and offer a rates consultation and appeal service with respect to commercial property. In our experience this process can often generate substantial savings for our clients. Rates appeals are similar in nature to rent reviews involving extensive research with the aim of challenging the rateable value on which rates payable invoices are based.

Following the revaluation from 1 April 2015 of all Commercial properties we have already carried out a number of successful applications to amend the rating list with successful results.

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LANDLORDS & TENANTS

Our Landlord & Tenant division performs a key role in facilitating asset management and enhancement for our clients. We offer a specialised rent review and lease renewal service with advice given to both Landlords and Tenants in the Commercial sector with particular emphasis on Retail, Office and Industrial property.

We specialise in Expert Reports and offer an Expert Witness function at Court for lease renewals, removal of restrictive covenants and matrimonial purposes. We also have considerable experience in dealing with Notional Rents for Doctor's Surgery premises.

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PROPERTY MANAGEMENT

Northern Real Estate currently offer a sound property management service of both commercial and residential properties.

As part of our Property Management Role it is crucial to provide Landlords with Asset Management initiatives to ensure security of income and reduce the potential of voids within their properties. This is a cost efficient management service, with the underlying aim of maximising the property investment in the most cost effective manner.

Our management services include calculating and issuing regular rent and service charge demands, collecting rents and chasing late payers, ensuring that our clients and the Tenant's obligations are met and dealing with day to day Tenants queries as they arise.

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VALUATION SERVICES

Our company provides a specialist valuation and appraisal advice to a wide range of NI and UK clients, to include private individuals, lending institutions and solicitor firms. We have a sound knowledge of the local and wider provincial property market. We are RICS Registered Valuers and adhere to the RICS Red Book in reporting property and Asset valuations.

We provide valuations for a variety of purposes to include secured lending, acquisition and disposal, taxation, and matrimonial purposes. Our work covers a diverse range of commercial property types including retail, office, industrial, residential and commercial development sites, public houses and petrol filling stations. We also provide valuations for agricultural and residential property.

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RICHARD McLAUGHLIN

EXPERT WITNESS

Our firm provides a specialist Expert Witness Function. We can provide both advice as an Expert Advisor prior to a dispute or Expert Evidence in the High Court and Lands Tribunal. We also provide Expert Evidence for rental disputes in Arbitration proceedings [Arbitration Act 1996].

We specialise in professional negligence, property values and property valuations which may be under dispute and offer property advice via matrimonial issues. Areas of expertise include retrospective valuations of Agricultural Holdings, Retail, Development Land and Offices.

Should you wish to contact us please talk to Richard McLaughlin MRICS.

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