CHARTERED SURVEYORS
ADVISING CLIENTS THROUGH
UNCHARTERED TERRITORY.

Ridley Thaw LLP is an independent Real Estate
Consultancy, providing innovative property strategy
to our local and national clients.

PROPERTY MANAGEMENT

Our services include:

Property management
Rent collection
Service charge collection
Lease re-gears
Asset management
Property inspections
Service charge audits
Ground rent collection

PROPERTY MANAGEMENT

AGENCY

Our services include:

Business relocation
Lease acquisitions
Freehold acquisitions
Freehold disposals
Office leasing
Industrial leasing
Retail leasing

AGENCY

VALUATION

Our services include:

Pension fund
Loan security
Accounting updates
Capital Gains Tax (CGT)

VALUATION

LANDLORD & TENANT

Our services include:

Lease renewals
Rent reviews
Dilapidations
Schedules of condition
Terminal schedules
Arbitration and Independent expert
Expert witness

LANDLORD & TENANT

COMPULSORY PURCHASE & COMPENSATION

Our services include:

Compulsory purchase claims for claimants
Water compensation claims
Compensation for claimants
General Vesting Declaration advice
Disturbance claims
Part 1 claims

COMPULSORY PURCHASE & COMPENSATION

INVESTMENT

Our services include:

Investment acquisition
Investment disposal
Development
Land acquisition
Asset management

INVESTMENT

BUSINESS RATES & TAXATION

Our services include:

Rating appeals
Rating and Property Taxation Audits
Business rates mitigation for empty properties
Disturbance appeals

BUSINESS RATES & TAXATION

BUILDING SURVEYING

Our services include:

Dilapidations
Schedules of condition
Reinstatement cost assessments
Terminal Schedules of dilapidations
Building surveys
Contract administration

BUILDING SURVEYING

Ridley Thaw LLP constantly review and
challenge the way we do things, which ensures
the best outcome for our diverse list of clients.

NEWS DEALS & TWEETS

Scan Identifies Royal Home For DHC

Ridley Thaw LLP have advised Altrincham based, Diagnostic Healthcare Limited, on the acquisition of their new head office at Standard Life’s The Royals Office Development in South Manchester. Diagnostic Healthcare operates a network of centres and mobile units across the UK providing MRI, ultrasound, bone density and health screening services working closely with the NHS and private providers. Having seen a 400% growth in revenue in the 3 years to 2016, bringing the number of UK sites to 60, Diagnostic Healthcare’s new Head Office at The Royals is fundamental in supporting the company’s continuing strong performance in one of the UK’s fastest growing sectors.

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One Stop Hire acquisition

On behalf of our retained client, One Stop Hire Limited, we are pleased to announce the acquisition of a new Trafford Park depot on Longwood Road.  Adding to the 12 existing depots across the North West, Yorkshire and Cumbria, the new depot is well located to service their growing client base across the region and fits with their rapid expansion plans.  Managing Director Steve Hitchen said, “This was the perfect acquisition and positions us on the doorstep of our national competitors.  We have been keen to gain a presence in Trafford Park for some time and we aim to be operational within 30 days.”  Chris Harrison commented that, “It’s always enjoyable working with the One Stop Hire team and this acquisition was no exception.  The acquisition required a little more patience than usual, but the end result will allow our client to win business and be more responsive to their clients changing needs.”

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Ritrama agrees 'largest NW industrial letting'

SELF-ADHESIVE materials manufacturer Ritrama UK has relocated from Eccles to Dukinfield after agreeing a lease on a 115,000 sq ft warehouse at Tameside Industrial Park. London-based Mayfair Capital Investment Management, which owns the Tame115 site through its Property Income Trust for Charities (PITCH) fund, said the deal was the largest industrial letting in the North West this year. Ritrama is moving from a 72,000 sq ft facility at Lyntown Trading Estate. James Thornton, chief investment officer of Mayfair Capital and fund director of PITCH, said: “This significant letting for PITCH more than halves the void rate in its portfolio to just 2.1% of the income. This is important to our charity investors because it increases the distribution yield. The fund now offers a prospective yield of 6.5% plus, which is very attractive to charities in the current environment of low inflation and interest rates." Ridley Thaw LLP acted for Ritrama and JLL for Mayfair Capital.

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Juicy Acquisition at Lime Green

Acting on behalf of a private client, Ridley Thaw are pleased to announce the recent acquisition of a modern neighbourhood shopping centre. The centre is fully let, anchored by James Hall & Company Limited t/a Spar. The purchase price agreed represents a Net Initial Yield of 7.1%

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Tommy Tucker hits the target with sweet deal in Sheffield

Acting for Tommy Tucker Popcorn, Ridley Thaw LLP have acquired a new manufacturing and distribution hub at Target Park on the North Anston Trading Estate in Sheffield. Strategically placed for the M1 and M18, the new site comprises 41,500 sq.ft of warehousing on a 2.37acre self-contained site. Paul Witts commented, “we were delighted to be able to work with the team at Tommy Tucker again and it was pleasing to find the right product for their continued expansion in the popcorn and candyfloss business, as well as their recent acquisition of a flapjack business in Dorset”. Thomas Tucker Limited was established as a family business in the late 80’s and is now the largest popcorn manufacturer in the UK. It also supplies 90% of all cinemas in the country, as well as being partners to the Walt Disney Group.

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Don’t be a stranger, come in for a coffee

Paul Witts

  • Position: Lease Consultancy and Business Rates
  • Telephone: 0161 669 4000
  • Mobile: 07798 746611
  • Email: pw@rtllp.co.uk

Paul is one of the founding partners of Ridley Thaw and deals with all aspects of strategic and professional advice for both landlords and tenants alike.  Paul is a Chartered Surveyor and has been in the Manchester and national property markets for over 20 years, where he has built up an extensive list of clients and contacts.  Paul loves being thrown in the deep end on complicated leasing issues or solving the latest property conundrum for a new or existing client.

Nathan Stringer

  • Position: Asset Management and Lease Consultancy
  • Telephone: 0161 669 4000
  • Email: ns@rtllp.co.uk

Nathan is a surveyor at Ridley Thaw LLP, dealing with a broad range of instructions in asset management and lease consultancy.  Nathan joined Ridley Thaw in 2016 after attaining his bachelor’s degree in Building Surveying and he is now busily working towards his associate membership of the RICS.  At the weekend, he is constantly to be found chasing a small white ball around Cheshire and Lancashire and plays off a very respectable 2 handicap.

Chris Harrison

  • Position: Lease Consultancy and Asset Management
  • Telephone: 0161 669 4000
  • Email: ch@rtllp.co.uk

Chris is one of the founding partners of Ridley Thaw and most definitely somebody you want on your team fighting your corner.  Chris is a Chartered Surveyor and regularly uses the rarely seen skills of fresh thinking and common sense in his advice to clients.  Chris enjoys the variety of matters that he deals with on a day to day basis, which helps deliver the ‘Partner led’ client contact ethos at Ridley Thaw.