MAKING YOUR PROPERTY OUR PRIORITY
Over the years, Penn Commercial has won a swathe of new property management business, across retail, office and industrial sectors.
Penn manages assets owned by property companies and investors across East Anglia, and prides itself on offering a personal service, getting to know both Landlord and Tenant and working as an intermediary to complement the relationship between them. Services can be tailored to the client’s exact requirements.
MANAGING YOUR PROPERTY PORTFOLIO
Vacant commercial properties; land with development potential and neglected buildings: all are opportunities missed.
We have decades of experience in sales, lettings and management, and we can help to maximise returns on your investment and mitigate voids.
As well as our standard Property Management package, we are also able to offer the following additional services:
Rent and Service Charge collection
Property inspections – new build and refurbishment
Contract tendering
Rent reviews and lease renewals
Project management
Facilities management and risk assessment
Preparation of financial forecasts and Service Charge budgets
Assignments and notices
Schedules of Condition / Dilapidations
Marketing Valuations – our Agency team is able to provide marketing appraisals across all sectors, with up-to-date market evidence and data
Organisation of building insurance policies, including valuations and claims handling
Compliance requirements, e.g. Energy Performance Certificates (EPCs)
Sustainability – e.g. energy efficiency, renewable energy generation, water efficiency
Lease reversion undertaken
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RE-LEASED TO REVOLUTIONISE PENN’S PROPERTY MANAGEMENT SERVICES
Penn has made a significant investment in the latest new Re-Leased software to improve its Property Management services and offer to Landlords and Tenants.
Vanessa Penn, Managing Director of Penn Commercial, said:
“After careful consideration, we chose Re-Leased for their innovative approach and outstanding reputation in the industry.
“The implementation of Re-Leased as our property management software will significantly streamline our processes, allowing us to focus more on what truly matters – our tenants and customers.
“By automating routine tasks, such as rent collection, maintenance requests and financial reporting, we can minimise administrative burdens and reduce the time spent on manual data entry.
“Ultimately, by freeing up valuable time through the capabilities of Re-Leased, we are committed to providing a higher level of support and engagement for our tenants and customers, ensuring that their experience with us is exceptional.”
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HOW WE CAN MAXIMISE YOUR INVESTMENT - CASE STUDIES
32-42 Lloyds Avenue, Ipswich Town Centre
Fully-let, mixed-use investment, incorporating local and national retailers, with two floors of office accommodation above, totalling 1,219 sq m (13,131 sq ft). Fully-managed by Penn Commercial on behalf of London-based clients.
Three Rivers Business Centre, Foxhall, Ipswich
Managed successfully by Penn Commercial since 2014, on behalf of Peter Colby Commercials Limited. All the offices are now let, and there is a waiting list.
St Vincent House, Dock Lane, Melton, Woodbridge
Penn acted for client St Vincent Developments Ltd to redesign and let the former Dock House in Melton, comprising 18,502 sq ft of modern storage, manufacturing and office space.
Penn planned and oversaw the redevelopment of ‘St Vincent House’ into various flexible individual units, all of which are now let.
A New Vision for Rockford House, Acer Road, Rendlesham, Suffolk
Managing Director of Rockford, Peter Lion, contacted Penn Commercial regarding the potential of letting a significant amount of surplus office accommodation - ca. 3,524 sq m (37,931 sq ft) - at Rockford House, which had originally been purchased from the US Air Force.
Penn Commercial undertook an inspection of the accommodation to assess its viability for letting, in line with current compliance and regulations, and made recommendations as to how the property could be maximised for the rental market.
Penn’s commercial assessment included:
- Exploring comparable rents for similar office accommodation in the area
- Reviewing the potential fit-out and associated costs
- Broadband provision
- Energy savings and conservancy
Working closely with Rockford, Penn was able to suggest a number of energy-saving improvements and measures to help to bring the EPC up to a suitable level for letting, which has led to an upgrade to a ‘B’ rating. In its marketing strategy, Penn has recommended a phased letting approach to Rockford.
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WHAT OUR CLIENTS SAY
“I have entrusted Penn Commercial to manage and oversee my property portfolio in Bramford, Suffolk for nearly ten years now, and I have absolute confidence in the quality of the service that I receive from the team. They save me a lot of work, time and money, with their efficient and proactive management of my properties.” Graeme Keep - Owner, Sycamore Farm
“We have worked with Vanessa and Penn for a number of years now. We have benefitted from their professional services in the various lettings at Claydon Business Park, in particular, as well as lease renewals and rent reviews. I couldn’t recommend the team highly enough!” Lee Maddox - Director, Edward Le Bas Properties Ltd
“As a former resident of the area, now living away, I am secure in knowing Penn Commercial is looking after the family’s property interests in Ipswich, keeping me fully advised of everything I need to know.” Alexis Goldstein - Statham Gill Solicitors
“We have supported Vanessa since she set up the business on her own, back in 2007, and Penn is the only agent that we will use in Ipswich and Suffolk. We look forward to continuing to work with them to grow our property portfolio and managed estate throughout the region.” Peter Colby Commercials Limited
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So, don’t delay! Get in touch with the Penn Commercial Property Management team today and find out how we can complement and enhance the returns on your property.
Call Paul Keen or Elliot Miller on 01473 211933 / Email us at This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.