Howard Jenkins has received instructions to prepare valuation reports in respect of a number of office and industrial investment properties located in Leeds, Spennymoor and York.
The valuations have been commissioned for both SIPP and probate purposes, which are required to be undertaken by a Registered Valuer in accordance with the RICS Valuation – Professional Standards (known as the “Red Book”); Howard Jenkins is regulated by the RICS for such purposes.
Acting on behalf of a private family trust, Howard Jenkins is seeking to acquire good quality, well-let property investments focusing on principal Cities and prosperous market towns within Yorkshire.
The ideal lot size would be upto c.£2M with a target yield of 6%+ however, there would be flexibility for particular opportunities; all commercial property sectors are of interest, including mixed-use situations.
Howard Jenkins is advising on a number of rent reviews in respect of trade counter units in Gainsborough, Sleaford and York.
The units total over 50,000 ft² and occupiers include Jewson, Keyline Builders Merchants and Howdens Joinery.