Berrys secures commercial property investment for rural corporate client

Published February 20th, 2018

With e commerce thriving, warehouse and light industrial properties remain in demand so when Berrys’  commercial property team was asked to help a client with property investment this was the way to go.

“We were brought in to advise a longstanding rural corporate client who wanted to diversify property income for their pension fund,” explained Simon Parsons, head of commercial agency at Berrys.

“After talking through their requirements and weighing up various options, we decided that investment into commercial property was the way forward.”

Berrys prepared a full property investment report, a financial appraisal with income forecasts, cash flows and budgets and set about finding some commercial property that would provide a good return and was not too far away from the investor in Cambridgeshire.

Their search led them to two modern light industrial units on a business park in Huntington which were subsequently purchased with vacant possession on behalf of the client.

“Berrys provided the initial commercial property investment advice and then later, with the help of a local letting agent, marketed the units to let,” said Simon

“We took time to find the right property and then advised on the acquisition and managed the whole process. Berrys also assisted the client in other areas including our valuation and Building Consultancy teams,” he said.

Office unit at Huntingdon

The first unit is now under offer to an international corporate by way of new lease whilst there are some ongoing discussions for Unit 2.

“We did a full financial appraisal of the proposal before the project went ahead showing the true net return on capital and projected cash flow giving the client a 12-month void in terms of income,” said Simon.

“It was a case of marrying up the investor to the right product. We worked with our clients to find the best investment, we set up the deals, found tenants and managed the purchase and lease negotiations through to completion.

“Berrys has the tools in-house to assist clients from one end of a property deal to the other and the provision of a Projected Cash Flow is ideal for accessing finance if required,” he added.

For further details or other advice on commercial property contact Simon Parsons at Berrys, 42 Headlands, Kettering on 01536 213169, email:

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More about Simon Parsons

BSc (Hons) MRICS
Head of Commercial Agency
Tel: 01536 213169

Simon has over 18 years’ experience as a Chartered Surveyor, with a career that started in London with DTZ and took him to Europe working with international clients. He has also worked on the client side of the profession as a commercial developer.

Simon has unrivalled and diverse knowledge of commercial property across the UK and overseas. He specialises in and has advised a wide range of major corporate clients on commercial agency, acquisition, valuation and occupier solutions and works for property companies and high profile corporate occupiers alike. His niche skillset includes debt recovery solutions which he applied during the downturn in the economy.