Relocation to The Barracks, Stirling

The Challenge

Cushman & Wakefield was appointed to advise on the acquisition of their new headquarters building within either Stirling or Glasgow City Centre. Occupation of the new premises was required within 9 months. Disabled access and staff facilities were of key significance.

The Solution

• Carry out a full market search and report on all options for 4,000 sq ft for both locations. 
• Viewings were carried out over a number of days and a shortlist of options was agreed. 
• Negotiations held on preferred shortlist options and best terms agreed on preferred option. 
• Negotiate with Landlord to agree the specification. 
• Monitor the acquisition through the legal process and provide advice when required. 
• Conclude deal within the required timeframe to allow works to begin on schedule.

The Results

Upon carrying out viewings, it became clear that Stirling was the preferred location. Furthermore, the preferred property was a derelict army barracks that required full refurbishment, both internally and externally.

Cushman & Wakefield's building surveyors were appointed to review the Landlord's proposed specification and timeframe to ensure they met the Water Industry Commission for Scotland's requirements.

Terms were negotiated for the property and upon conclusion of legal documentation the Landlord began their works monitored by Cushman & Wakefield.

Cushman & Wakefield was able to provide a comprehensive service to ensure that the client's goals and timeframes were achieved.

The Water Industry Commission for Scotland took occupation of their new premises in January 2011.