Avoid 5 common mistakes when doing property conveyancing
In Watford Gainsborough Morrison has taken a pre-let of its biggest centre at Terrace Hill Group's flagship office scheme at 64 Clarendon Road. With the business centre operational by summer 2003. It will include a 178-space car park In Slough, Gainsborough-Morrison has taken a pre-let of Keypoint in High Street, a 2,762 sq m (29,725 sq ft) office development by Frogmore Estates plc and Fenchurch Estates Ltd The JV has agreed a 17-year lease at a rent of £344.46 per sq m (£32 per sq ft), Development of the building is currently on site with practical completion due in December 2001. The business centre is anticipated to be ready for opening in spring 2002.

At nearby Bracknell, Gainsborough Morrison has taken a pre-let of the office element of Anglo-Lamron Plc's speculative £10.25 million Circa development in the town's High Street. The four-storey 2,376 sq m (25,575 sq ft) building has been taken on a 20-year lease at a rent of £302 per sq m (£28 per sq ft).In Gainsborough Morrison's first deal in northern England, the company has taken a pre-let of the landmark Whitehall Phase II development in Leeds city centre from Miller Gregory (Whitehall) Ltd, Leith where Morrison Developments is undertaking a prestigious joint venture scheme with Woodford Developments Ltd the JV has agreed a 20-year lease at the £55 million scheme at a rent of £239.50 per sq m (£22.25 per sq ft).



Director of Morrison's Business Centres division, Andy Mc Kinlay added: has been a highly successful year for the joint venture and these deals now give us a solid foundation upon which to base our exciting expansion plans. Morrison's role in the venture is to deliver the property solution and our expertise and national presence has been instrumental in securing these sites.

Refinancing is a substantial part of the highly competitive UK mortgage market and this is likely to be mirrored in Ireland in the years ahead. All in all, the economic portents look bright. conveyancing services should be reliable when you are doing the property buying or property selling process in the real estate field.

There is now a growing awareness in the market of our expansion programmed and we will continue to focus on acquiring new opportunities, primarily in England and Wales to achieve our minimum 20 centre target. The London Borough of Hackney has sold surplus land forming part of their De Beauvoir Primary School site to a local developer for a total price of & 3.6 million. The property comprises a site of 0.33 ha (0.82 acres) on which stands a former Victorian Board School of 1,288 sq m (13,863 sq ft).

The sale has been phased, with the existing main building having been immediately transferred. The monies released from this sale have enabled works and improvements to the remaining primary school to be programmed, including the provision of new and improved facilities. Once this work has been completed (no later than September 2002), the sale of the remaining site, comprising the playground and school keepers house, will be completed, to allow development of this additional area.