Case studies

Practical completion of speculative industrial scheme achieved

Coke Gearing are pleased to announce that our clients, Royal London Asset Management, have received practical completion and handover of the new, speculatively developed, light industrial and warehouse scheme at Vision Stansted. The project, procured and completed by Marshgate Developments Ltd, provides a total of five units comprising 104,000 sq ft of brand new ac ... Read more

Futura Park – Development Update

2016 began with the sale of a site on the corner of Nacton Road and Crane Boulevard to Marshall for a combined Jaguar and Land Rover franchise and this was followed by a further 4.4 acres adjacent to the John Lewis/Waitrose store to the Marriott Motor Group to house their Audi franchise. Two further plots were sold for three more motor trade operators: two franchises ... Read more

Case Study – Site Disposal

Acting jointly with Jones Lang LaSalle, Coke Gearing were appointed to market a bespoke 6.15 acre site on Dunmow Road, Bishop's Stortford.  The site included specialist buildings and comprised approximately 90,000 sq ft of freezer space capable of temperatures of -20 degrees Centigrade, together with associated fridge and distribution facilities, specialist refrigera ... Read more

Case Study – Development

Client:     Aquigen (Nacton) LLP Size:  35 acres Location:  Ipswich, Suffolk Project:  Futura Park Coke Gearing Consulting acted as development advisers in the acquisition of this major retail and employment site from the receiver on behalf of Aquigen LLP.  To date John Lewis have taken a new 100,000 sq ft combined Waitrose/JLP At Home store, togeth ... Read more

Case Study – Development

Location:  Great Dunmow, Essex Project:  Smith’s Farm Development We advised on the original acquisition of a 50 acre site at the junction of the A120 and A130 which, over the last decade or so, has evolved into a mixed use scheme comprising 300 residential units, Waitrose store, six acres of B1, B2, B8 and a number of ancillary retail and leisure uses. W ... Read more

Case Study – Development

Location:  Start Hill, Nr Bishop’s Stortford Project:  Vision Stansted We have recently advised clients on obtaining planning consent for an extension to the Stansted Distribution Centre facility, comprising approximately 100,000 sq ft of B1, B2, B8 development which is currently under construction. This site has now been sold to Royal London Asset Manage ... Read more

Case Study – Development

Location:  Bishop’s Stortford, Hertfordshire Project:  Bishop’s Stortford North We are currently instructed by members of the Consortium developing a 300 acre residential led scheme as an urban extension to Bishop’s Stortford, where our role involves advice in relation to the commercial elements of the site, including neighbourhood centres, B1 office, me ... Read more

Case Study – Acquisition

Coke Gearing Consulting were retained to seek a new distribution warehouse for hardware retailer Coopers of Stortford. Having viewed a number of possibilities, including Bishop's Stortford, Harlow and Braintree, a shortlist of sites was drawn up and, in conjunction with the client, the skyline 120 scheme at Braintree was selected as offering the best overall combin ... Read more

Case Study – Development

Coke Gearing Consulting acted as development advisers in the acquisition of this major retail and employment site from the receiver on behalf of Acquigen LLP. To date John Lewis have taken a new 100,000 sq ft combined Waitrose/JLP At Home store, together with a new 5 unit non food retail park with occupiers including Oak Furniture Land, Paul Simon, DFS, Carphone Ware ... Read more

Case Study – Valuation

Acting on behalf of pension fund trustees, we have carried out a series of capital and rental valuations of the self-contained office building in s purpose-built office campus on South Street, adjacent to the town centre. This is one of a number of valuation exercises and lease advice that we have given a range of occupier and investor clients over many years. ... Read more

Case Study – Retail Sale

A town centre retail and office building, located in a prominent position was sold on behalf of the owner/occupier client to a retail client who proposes to occupy and trade from the ground floor and upper parts. This transaction involved planning, legal and professional advice, together with our sales and letting input. ... Read more

Case Study – Development

Our involvement on behalf of Airport Property Partnership in the Stansted 600 development at Stansted Airport has spanned most of the last decade. We have been involved in site planning, development advice, planning advice, leasing and valuation and more recently have been assisting our clients as Expert Witness in a valuation tribunal appeal against the original r ... Read more

Case Study – Acquisition

Acting on behalf of a multinational pharmaceutical company, Teva UK Limited, we were involved in the acquisition of two floors of offices in Field House, an iconic office building adjacent to the railway station at Harlow Town. This complicated project involved the surrender of an existing head lease and the negotiation of new sub-leasers direct with the freeholder ... Read more

Case Study – Development

This significant project involved Coke Gearing in many aspects of the site, from initial acquisition through additional land assembly, lease re-gearing negotiations with East Hertfordshire District Council, arranging pre-let to Sainsburys Plc and disposing of the development opportunity to Wilson Bowden Developments Limited. On behalf of Wilson Bowden, we were then ... Read more

Case Study – Letting

On behalf of University Superannuation Fund, the institutional owners of Raynham, Close and Myson Way, Coke Gearing were involved in the marketing of No 4, having previously relocated the occupants of No 4 into the larger unit, No 5. 4 Myson Way has now been successfully let to Galaxy Trading Limited, a provider of engineering and workplace base training courses fo ... Read more

Case Study – Acquisition

Coke Gearing Consulting were retained by Punchdrunk Theatre Co. to acquire a pop up theatre in Central London. Punchdrunk specialise in 'immerse theatre' where the audience follows the action rather than being seated This was Punchdrunk's most ambitious project to date and CG found a former sorting office situated adjacent to London Paddington Station. The building ... Read more

Case Study – Rent Review

Coke Gearing consulting were retained to advise on the rent review on behalf of theatre lighting company Whitelight Ltd. The landlord Aviva investors served notice to increase the rent by 10%. By using our expertise to research comparable evidence we argued that the bespoke nature of our clients property limited the open market rental value despite headline rents i ... Read more

Case Study – Lease Renewal

Acting on behalf of the occupier tenant, we have recently negotiated a lease renewal against the Landlords, Scottish Widows Investment Partnership Limited. This negotiation involved our comprehensive knowledge of the local industrial and warehouse market, and as a consequence we were able to secure a substantial saving from the Landlord's quoting terms, including a ... Read more