Associate | Head of Commercial Agency
Mob: 07525 984443
Vickery Holman is a leading commercial, development and investment property agency covering the South West, helping clients buy, sell and let commercial property from Land’s End to Bristol. Our ethos is that we do what it takes to make deals happen, whether that involves identifying opportunities to add value, ensuring lease terms are as robust as possible, managing complex agreements with multiple partners or driving the marketing campaign to ensure the best conclusion.
We have a team of experienced and proactive commercial property agents who work closely with their clients to ensure that we help owners optimise the returns on their investments and to help occupiers get the best value from a deal. Our property agents are based in Truro, Plymouth, Exeter and Bristol and have extensive local knowledge about market rents and values – essential for our commercial property consultancy work.
When you appoint us to sell or let your premises, we will use our market knowledge to find interested parties for your property. We oversee the process from start to finish, negotiating the best sale or lease terms and progressing the matter through to completion as quickly as possible.
Potential tenants and buyers also benefit from our regional and local knowledge and we can search the market on your behalf to identify opportunities for you. Our ability to negotiate the best lease terms or sale price is one of our core strengths and something we take pride in, as it regularly saves clients time and money.
We have a specialist Development team who work with clients to sell or buy land, and help clients to navigate the development process.
We also have a specialist Investment team making sure that clients have access to the best advice on strengthening their property portfolio and market conditions.
Get in touch to find out how we can help you achieve your commercial property ambitions.
We have over 20 RICS Valuers based all over the South West with in depth local knowledge of market values. Putting a value on commercial property is more complicated than valuing residential property. To find out more about valuation, please click here. To get a valuation on your commercial property, please contact one of our offices and we’ll put you in touch with the best person to help you.
The commercial market depends on the area and the local supply and demand. Properties that are priced appropriately, in a good location and in good condition can sell quickly. Generally, it can take anything from a few weeks to a year depending on the local market. We will work with you to achieve the best result for you in terms of speed and price.
There are a number of considerations when buying a commercial property. We could advise you get the property surveyed, and we have a Building Surveying team that can assist you. Do your research about the location, market values, transport links, other developments in the area and planning restrictions. Have the contract checked carefully and use a commercial property lawyer. Check the Rateable Value (RV) as business rates can be a considerable cost. We have a Business Rates team who are very good at checking and challenging RVs.
Typically investors see 5 – 10% return on commercial property, which is much higher than residential property yields. There are a variety of situations in the commercial property market which impacts the return, for example when investors are looking for secure long term income. For more detailed information on market conditions and returns, please talk to one of our agents.
Market appraisals give a seller an idea of what a property might fetch on the market whereas valuations are more formal. A valuation must be carried out by an RICS Registered Valuer following strict professional guidelines. Valuations generally look backwards at what has sold or let, whereas market appraisals look forward to what something might sell or let at. When undertaking a market appraisal we use our knowledge of what the market is looking for to provide our advice.
The majority of properties will require an EPC when being let or sold. There are some exceptions and further information can be found here.
From 1st April 2025 all let properties will require an EPC. In order to let a property the rating has to be an E or above. However from 1st April 2027 that will be a C and from 1st April 2030 it will need to be a B.
24/28 Mannamead Road, Plymouth.
4,211 sq ft over 4 floors
Sold to an investor who has obtained planning permission to convert the upper floors to residential.
45 Regent Street, Plymouth
9,399 sq ft
Short term letting to generate income whilst our client considers plans to redevelop the site. Let to a well-establshed local company.
43 – 45 High Street, Exeter
Ground Floor approx. 1,583 sq ft (plus FF storage approx. 1,871 sq ft) = 3,454 sq ft
Confidential but in line with market values.
Prime shop in Exeter that hadn’t been occupied since the Royal Clarence fire in 2016. Our client bought the property with Vacant possession and refurbished to a white box specification. VH let the property within 3 months of marketing.
Land at Threemilestone
The site comprises approximately 3 acres of previously undeveloped residential land on the outskirts of Truro at Threemilestone, which was sold with planning consent for a mix of 17 open market and affordable homes to developers Gilbert & Goode.
Our experienced team is ready to assist with unparalleled regional advice
Tel: 01872 245600
Tel: 01752 261811
Tel: 01392 203010
Tel: 0117 428 6555
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We can find properties for you to purchase or lease
We can manage your property or estate
We can survey your building before you lease or purchase it