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Commercial Property
If you would like:
Better net returns on your commercial property investments
More income and less hassle
Tighter enforcement of tenant lease covenants
Continuous, professional, dedicated micro and macro management
A secure, profitable, sustainable income stream
Residential Property
Engage Stokes Property to manage your residential investment property if you are looking for:
Highest net returns
Secure rent
Appropriate and robust landlord / tenant agreements and contracts
Professional management service
No hassle
Residential
We are a boutique firm offering a personal service to a select group of clients. Our clients expect and receive nothing less than complete honesty, integrity and professionalism. We will always tell you what can or cannot be achieved and will tailor a divestment and marketing strategy to suit you and your property.
From apartments to luxury homes, we offer an unrivalled, personal, sale and letting service with an integrated online, media and on the ground marketing campaign.
For truly impartial advice and guaranteed personal commitment to the sale or rental of your property: Auction or private treaty? Contact us today.
Commercial
Stokes Property sells and rents retail, office and industrial property for a variety of clients who have come to appreciate the personal service offered by our boutique firm of Chartered Surveyors.
We specialise in advising on investment and development properties and give honest advice on realisable prices.
Acquisitions
Whatever your role: investor, owner-occupier or tenant, there are few transactions that can have such significant and long-lasting effects as the acquisition of property.
The critical elements include:
Developing specification of your needs (short, medium and long-term);
Understanding the opportunities and challenges that apply to your particular circumstances;
Targeting and selecting the most appropriate properties (both on and off-market);
Acquiring the property under the best terms possible.
Whether or not the vendor or landlord has professional representation, your engagement of Stokes Property as your representative will ensure the best outcome for you. This means avoiding major pitfalls, unnecessary costs and complications with all the attendant stress.
Many properties are transacted “off-market” and the unrepresented buyer or tenant will not be aware of or have access to them.
Stokes Property regularly acquires commercial and residential properties for both investors and owner- occupiers. Our extensive market knowledge and experience facilitates quicker sourcing of properties and successful acquisition at least cost.
Stokes Property acquisition services include:
Discussing your requirements and agreeing a hierarchy of preferences;
Extensive search of suitable on-market and off-market properties;
Advice on value and bidding strategy;
Completing negotiations;
Project managing required professional team- solicitor, building surveyor, architect, quantity surveyor or whoever else is needed
Seeing the transaction through to completion and dealing with the issues or challenges that arise along the way.
Examples of Properties We Have Acquired for Clients:
Herbert House, Pembroke Road, Dublin 4
Combined owner/occupier and investment requirement. Acquired, let and managed by Stokes Property.
Unit BC,6-8, M1 Business Park, Balbriggan, Co Dublin
Investment purchase. Acquired and managed by Stokes Property.
Apartment 159, The Sweepstakes, Ballsbridge, Dublin 4
Investment requirement. Acquired, let and managed by Stokes Property.
Land & Sites
Stokes Property sells, acquires and values agricultural and development lands throughout Ireland.
1A Bluebell Avenue, Bluebell Industrial Estate, Bluebell, Dublin 12
Development Land Sale Agreed.
Valuations
Stokes Property prepares valuations for a wide range of purposes:
Company accounts;
Taxation- Probate, Capital Gains Tax, Capital Acquisitions Tax, etc.
Legal disputes including family law;
Secured lending.
Simon Stokes is an RICS Registered Valuer with experience in the valuation of freehold and leasehold interests in all types of residential and commercial property as well as agricultural and development lands. Current clients include corporate and state bodies, lending institutions and individuals.
All Stokes Property valuations are prepared to the appropriate RICS standards (commonly known as “Red Book”. These standards contain mandatory rules, best practice guidance and related commentary for all members undertaking asset valuations. The “Red Book” is issued by RICS as part of its commitment to promote and support high standards in valuation delivery worldwide.
Click here for further information on “Red Book”
If you want expert valuation services — contact us today.
Property Audit
Assessing opportunities for reduced cost and increased revenue.
One of our specialised and most valued consultancy services is our Property Audit. We identify additional income opportunities and show how to reduce costs.
It is of immense benefit to individuals and companies with a portfolio of owned or rented property where the portfolio has not been subject to regular, independent review by a suitably qualified and experienced chartered surveyor.
The audit consists of:
- Scheduling all property (freehold and leasehold).
- Title review.
- Boundary and possession review.
- Condition report.
- Insurance review and reinstatement valuations.
- Report on rents payable and /or receivable.
- Advice on rent reviews, rent reductions, break options, lease expiry and other caution dates.
- Agreeing plan for scheduled and unplanned property management- effectively having Stokes Property as your property department.
- Identifying potential income opportunities.
- Identifying potential cost reductions.
If there is a possibility that you do not know everything you should about properties under you control or if you require review of specific elements, please contact us.
Landlord & Tenant
If you are a landlord seeking highest consistent rent with best terms while minimising costs or if you are a tenant seeking to security of tenure under optimal conditions, Contact Stokes Property.
We have extensive experience in dealing with landlord and tenant issues including:
Advice on new leases
Lease renewals / renegotiations
Advices on breaches of covenants
Rent reviews
Rent reduction requests
Reference to arbitration/independent expert
Assessment of damages for schedule of dilapidations negotiations
Residential Tenancies Board (RTB) — mediation and adjudication
Acquisition of fee simple (ground rents)
Current work includes dealing with the two-tiered commercial lease market created by Section 132 of the Land and Conveyancing Law Reform Act 2009, which banned upward only rent reviews since 28th February 2010. We advise both Landlords and Tenants on new leases which involve up / down review clauses and often include break options and other inducements.
For more information please see the Irish Statute Book.
For lease renewal negotiations, in the absence of agreement between the parties, we provide independent expert evidence to the Courts. We also value and advise on compensation claims, tenant’s improvements and other issues that arise at the end of a commercial tenancy.
Are you a landlord or tenant seeking best advice and expert representation? Contact us today.
Ground Rents
If you own a property under a long leasehold title you may have the right to acquire the freehold.
We regularly advise on ground rents and the acquisition of freehold or fee simple interests in commercial and residential properties. Both leaseholders and freeholders have availed of our specific expertise and experience in this area. We help our clients and their solicitors in establishing the right to acquire the freehold and then calculate and negotiate the purchase price.
Many of our cases have involved acquiring interests where the freeholder is unknown. We prepare a detailed submission for the County Registrar to assist in establishing the right to acquire and in the determination of the purchase price.
We assist solicitors by preparing title history diagrams for complex cases and we compare old lease dimensions with measurements taken during our site inspection to help piece together complicated title histories.
For expert advice on residential and commercial ground rents or acquiring the Freehold Interest in your property, Contact us today.
Compulsory Purchase
If your property may be the subject of a compulsory purchase order (CPO), you need the best professional advice available to ensure that you receive fair compensation.
Statutory bodies and local authorities use Compulsory Purchase powers to provide for improvements in infrastructure and specific schemes of development.
Stokes Property services relating to compulsory purchase include:
Advising claimants from project inception through to completion;
Dealing with the acquisition of all property types ranging from farm land, development land, houses, commercial property etc.
Valuation of lands to be acquired.
Assessment of compensation.
We have dealt with all types of acquisitions for the purposes of roads, rail lines, airports, and wayleaves (gas, water, sewerage, electricity and other utilities) throughout the country.
Our expertise is applied to secure best terms for our clients and where necessary to achieve this by reference to arbitration/assessment or on appeal to the High Court.
Remember — you only get one opportunity to get adequate compensation when your property is compulsorily acquired. Insist on the best representation: Contact us today
Development
Talk to Stokes Property if you are a landowner looking to unlock most value from your land or if you are a developer looking to maximise profits. The first and most important step is that we understand and agree your long and short term objectives.
We sell and acquire commercial, residential and mixed-use development sites. We specialise in site assembly and in advising on planning and development issues using in-house expertise and by organising a team of trusted colleagues- architects, quantity surveyors, building surveyors, planning consultants etc.
We can project manage the entire process or form part of the team:
Site assembly
Development appraisal
Design and specification
Development options and strategy
Pre-planning
Finance
Planning
Development
Sale / letting
Ongoing portfolio management
If you are looking for an innovative approach to maximising the value of your land or the profitability of your development. Contact us today.
