CHALLENGE

  • Colliers International are retained to acquire licensed units on a national basis to expand their portfolio of Après Bars. The challenge with this instruction is that a number of units are required in challenging locations. The client is very specific about their requirements and Colliers International work closely with their property directors to ensure that suitable freehold or leasehold sites are found in desirable locations.

STRATEGY

  • Colliers International liaise with a number of commercial property agents and carry out a number of inspections on behalf of the client to source suitable venues for the Après brand. Having found a suitable unit recommendations are made to the client and should they be happy to proceed with the acquisition Colliers International negotiate the best possible terms. Once these terms have been agreed solicitors are instructed and the acquisition is monitored through to completion.

SERVICES

  • Agency
  • Professional
  • Rating

RESULTS

  • Colliers International have successfully acquired 7 sites in prime locations and will continue to actively search for new sites, carry out rent reviews and rating assessments into the future.