Case Studies

June 21, 2025

Modern Three story purpose built (24,000 sf) commercial office building with dedicated underground car parking located in the heart of St Peter Port, multi-tenanted with anchor tenant Skipton International.

SP has provided asset management advice for Macular (Tutor House) Limited, a subsidiary of Sir Robert McAlpine Capital Ventures and another family office shareholder.

SP has advised MTH of mortgage debt funding as part of the MTH board.

Valuation support and board level advice provided by SP and advice in relation to lettings and building management. 

June 21, 2025

SP working with Karl Andrews, Senior Director of Real Estate Finance at Santander UK, Hill Dickinson LLP and Knight Frank refinanced  a £45m term loan from another lender, secured against a diverse industrial portfolio, and allowed £10m to fund new acquisitions to help the family business grow further.

June 21, 2025

In 2017 SP advised in identifying the acquisition of a 21 acre industrial site in Hull with long leasehold for JV CI investors. 

Valuation support and advice provided by SP in relation to environmental reports. Complex environmental issues concerning remediation of land formerly used as a Rio Tinto smelting works.

Debt funding of this site was negotiated by SP and provided by RBS International.

The 21 acre site located on the north bank of the Humber estuary has multiple long-term tenants with main tenant BSW Timber, a subsidiary of Binderholz. 

June 21, 2025

Historic buildings (61,000 sf) retail and commercial office buildings, located in the heart of St Peter Port, multi-tenanted with anchor sub-tenants, Sports Direct, New Look and States of Guernsey .  

SP has provided asset management advice for McAulay (Market Buildings) Limited, a subsidiary of Sir Robert McAlpine Capital Ventures and another family office shareholder.

SP has advised on commercial debt funding as part of MMB’s board.

Valuation support and board level advice provided by SP and advice in relation to lettings and building management. 

June 21, 2025

In 2017 SP sourced and advised in the acquisition of the Hammond Trade Centre located at Whitehill Industrial Estate in Stockport and Land at Windmill Lane in Denton.

Whitehill comprised of a multi-tenanted site in an established industrial estate and Windmill Lane had a single tenant on a mixture of tenure terms. SP has established a local agent to manage these investments with a Management Services Agreement in place.

These investments were part of a diversification policy for an offshore family office client.

These acquisitions were funded by RBS International where SP negotiated and arranged funding and advised in relation to leases, valuation and environmental reports.

June 21, 2025

Crosland was purchased in February 2023. On purchase the site was not especially desirable, largely due to the tenants all being on rolling quarterly leases at below market rents. The estate has now been moved onto longer fixed term leases at market rents.   

Terms have been reached with Starbucks and an EV charging provider (Allego) to occupy the area fronting onto the main road once developed.

June 21, 2025

Negotiating debt funding with HSBC Bank Plc, managing the construction project and organising marketing and sales of the One St. Julian’s Avenue development.

Built on the site of the old Randall’s brewery, One St. Julian’s Avenue contains 29 luxury local market and 3 open market penthouse apartments.

Working alongside the Joint Venture developer, SP advised on the site acquisition and obtained planning approval.

SP then negotiated £14 million debt funding with HSBC and managed the construction and marketing of the 32 properties.

Project shareholders retained 12 of the properties as a Buy-to-Let investment. SP later secured the BTL mortgage through Investec.

June 21, 2025

SP advised on the purchase of Waterside in February 2023. After signing of the new Transport for Greater Manchester (TfGM) lease and the surrender of the lease with Stagecoach. This transport hub for South Manchester buses has been converted and now has full electrical charging for over 200 electric buses. SP have advised on rent reviews and asset management issues for Waterside Estate.

June 21, 2025

Partnering with not-for-profit organisation Housing & Care 21 and the States of Guernsey to create 86 units of specialist extra care housing in St Peter Port.

SP created a Public Private Partnership between Housing & Care 21 [H21], the States of Guernsey and Rosaire Sheltered Housing Limited (RSHL) an SPV formed to buy the former Girl’s Grammar School in Rosaire Avenue, St Peter Port. The former school was demolished and 86 new extra care apartments, specialist housing for older people, were constructed. The States of Guernsey provided a £5.6m grant and SP arranged for RSHL debt funding from RBS International.

Rosaire Court and Rosaire Gardens was completed and a management agreement with H21 was entered into where H21 provided a full extra care service to residents. RSHL created two buildings with 36 homes for sale to private buyers and 50 homes for nominated States of Guernsey social rental.

This PPP withH21 was a leading, not-for-profit, national provider of retirement housing and care services for people aged over 55 and above.

Rosaire was H21’s only project outside of the UK mainland. The scheme has proved to be very popular and is widely acclaimed as an exemplar of older peoples’ care in Guernsey.

RSHL, assisted by SP, were the project leaders and able to enjoy the surpluses generated by the sales of the 36 private apartments.

June 21, 2025

Refinancing of corporate property investment portfolio of six office blocks – £18m property loan by ABN Amro.

SP on behalf of a family office arranged to re-bank its portfolio of four commercial office buildings with ABN Amro. This refinancing package involved repayment of £13m of existing mortgage debt held with RBS International secured on the four commercial office premises and the acquisition of a fifth commercial office building in Jersey.

SP have provided advice upon valuations and structuring of its debts and acted as an intermediary to negotiate a new £18m mortgage funding package to allow further capacity to supply additional space to satisfy the growth of requirements from existing tenants.

June 21, 2025

Bridgwater House was acquired on behalf of a family office based in the Channel Islands by SPV Bridgewater (Jersey) Limited. The ten floor office building was partially let and SP advised upon asset management, refurbishment and letting of further floors.

SP were instructed to increase the occupancy and were given a disposal mandate on behalf of its client. The office floors had to be re-thought, reconfigured and re-presented to offer large, clear floorplates that businesses needed to thrive.

In a three-year program, occupancy was doubled by creating serviced office space and improvements. SP property management services organised these changes to the building facilities and negotiation of rent reviews that resulted in a 50% increase in rental income over the three year period. Leases of anchor tenant Paterson Zochonis Cussons’ rental was reviewed and lease extended. Bridgewater House was subsequently disposed of for £11 million at a higher than expected level of capital return based upon the increased rental and lettings achieved.

June 26, 2025

SP acted for a family office who had acquired Colshaw Hall out of receivership as a creditor. The Property had lapsed planning permissions for conversion into a Country House Hotel and two 18 hole golf courses. SP advised upon the successful reapplication and reinstatement of the planning permissions.

The Properties known as Colshaw Hall and Merrydale Farm represented a unique opportunity to develop a Five Star Luxury Hotel and Golf Resort in Over Peover village, four miles south of Knutsford, Cheshire. Colshaw Hall is a Grade II Listed building constructed circa 1901 with a wealth of character and 36 acres of gardens. Merrydale Farm adjoined Colshaw Hall’s grounds, extends to 144 acres and was acquired for the purpose of developing a golf course. The reinstated planning permissions included:

• Developing a 50 room luxury hotel which included a 100 cover gourmet restaurant and conference facilities for 45 delegates.
• A health spa with 12 treatment rooms.
• Two championship golf courses, designed to the highest standards and capable of holding professional and international events.
• A new golf clubhouse build, with extensive facilities, in excess of 16,000 sq ft.

Prior to reinstatement of the lapsed hotel and golf planning permissions, Knight Frank valued the residential property and land at £2.75m. Upon reinstatement of the Hotel and golf course permissions the business plan for the business opportunity including the property was valued at £7.25m by DTZ. SP added value by negotiating the reinstated planning and negotiating the subsequent sale of these properties with the benefit of the valuable planning permissions.

SP developed a business master plan for Colshaw Hall and organised the revaluation of the reinstated business, negotiated a JV sale to the CCA International who were a leading developer and operator of five star private clubs in the Asia Pacific region with an expanding portfolio.

The property was sold to Irlam for £7.25m in cash, being a positive turnaround result of a £4.5m capital gain over the original value attributed to the property by Knight Frank when, it was acquired by SP’s client out of Administration.

June 27, 2025

SP have project managed, as client’s representative, to R W Randalls Limited in relation to two JCT building contracts.

New View – a development consisting of 18 First Time Buyer apartments.

Roost – 12 x 3 & 4 bedded homes for families and first time buyers.

SP advised on business planning, bank credit applications and acted as Client’s Representative throughout pre-development and the building works. Both projects were delivered on time and within budget costs.

SP have advised in relation to the marketing and sales of both of these residential developments employing Estate Agents and administering both sales and lettings.