When it comes to property management, all our clients have one thing in common: they expect their portfolio to be actively managed whilst ensuring the assets are performing to their full potential regardless of the prevailing economic conditions.
At Neil Mason Associates, the economic downturn in recent years has meant intensive proactive management across all client portfolios. In doing so we have maintained close contact with landlords and tenants, anticipated and mitigated issues with rent arrears and dealt with business rates liability on vacant properties. Where appropriate, leases have been restructured and refurbishments carried out to maintain the assets value even in lean times.
All this hard work has paid off as our clients portfolios are now performing well and are ready to take full advantage of the green shoots of recovery.
We provide a full range of property consultancy services in-house, avoiding the need for clients to liaise between multiple professionals or agencies. One client has recently benefited from this approach by taking advice prior to the acquisition of a vacant property with redevelopment potential. Whilst the client seeks planning permission for change of use, Neil Mason Associates has advised on cost effective steps to return the property to a lettable condition, found a suitable tenant and in turn, is now managing the property on a day-to-day basis. We have provided the client with a practical approach to receiving an income stream and limiting vacant rates liability in the short term, whilst not affecting the long term plans for the building.
Over the years we have dealt with a wide range of property investment companies, educational and family based trusts and institutional and private investors. We have experience that ranges from a large national portfolio to more modest holdings of several properties in the local area. If you feel that your portfolio would benefit from a new approach, please do not hesitate to contact me for an initial chat on 01604 799010.