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Private clients of Kinney Green have sold 30 Farringdon Street, London EC4 to Invista Real Estate Management for £18,910,000, reflecting a yield of 5%. The building is let to Reed Elsevier UK Ltd for a rent of £1,000,000 per annum until 2054. Kinney Green was initially instructed on the failure of the previous tenant, BNB […]

Damages and dilapidations: In the first part of the lecture, which was recently published, Nick Eden offers guidance to valuers and others on the correct process and methodology to adopt when dealing with instructions in this area. To view the article as a pdf click here

As part of the 35th annual series of the prestigious Blundell Lectures, which covers topical issues in property, Nick Eden recently delivered a lecture entitled ‘Damages for Dilapidations’, jointly with Kirk Reynolds QC of Falcon Chambers. The lecture was attended by over 200 barristers and solicitors and some surveyors in Lincoln’s Inn Fields. Nick’s lecture […]

Tom Whalley is returning to Kinney Green in a new role as a partner in the firm’s expanding Professional team and will be based in its City office. Tom started his career at Kinney Green’s City office working in both the Agency and Professional teams. Following this, he moved to Jones Lang LaSalle where he […]

We are pleased to announce that Stephen Lines has joined Kinney Green as a Consultant in our West End Office. Stephen is formerly from King Sturge where he was Head of their City and more recently Central London Consultancy Department following their acquisition of Bates Richards in 1996, where he was an Equity Partner. Stephen […]

In 2007, the Rating (Empty Properties) Act 2007 (REPA 2007) removed business rates relief for most unoccupied properties with effect from 1 April 2008. REPA 2007 was widely criticised by the property industry as an additional strain on businesses in a time of economic difficulty. In response to this criticism, the 2008 Pre-Budget Report announced […]

Cross London Rail Links (Crossrail) is a joint venture company formed by Transport for London and the Department for Transport, which was established in 2001. This is a vital new east-west train link that will provide a major boost to London’s economy. The Mayor of London is proposing to introduce an annual Business Rates Supplement […]

On behalf of FTBA (Furnishing Trades Benevolent Association) the Midtown Agency team have sold the freehold interest of 8 Fulwood Place WC1, with full vacant possession. The building, requiring refurbishment, comprises 1,862 sqft over Lower Ground, Ground and 3 upper floors. The building has been bought by a private individual to be refurbished and then […]

The City investment market can now be characterised as too much money chasing too few properties, with many foreign investors in play. Certainly, supply has been at a low ebb for the last 3-4 months, although there are signs of a little more becoming available. Banks are generally being much more canny than in the […]

Kinney Green’s Midtown office are delighted to have been involved in the acquisition of the freehold interest of 4 self contained office buildings in the beautiful Charterhouse Mews off Charterhouse Square on behalf of the Order of St John. The buildings total approximately 5,670 sq ft and were purchased for a little under £3 million. […]

The purpose of the rating revaluation effective from 1/4/2010 is to try to ensure rateable values are based on more up-to-date rental values. The rateable value of a property can change significantly between each revaluation. As a result of these changes, some ratepayers may face a large increase (or decrease) in their rates bill. The […]

Kinney Green are pleased to be recognised as approved and accredited members of HelpMovingOffice. www.HelpMovingOffice.co.uk is the independent internet resource that guides companies through the office relocation process and ensures that office moves happen on time, to budget and with the minimum hassle and disruption to businesses.

Business rates revaluation takes place every five years and the next revaluation will take effect from 1st April 2010, based on values at 1st April 2008. The Valuation Office Agency (VOA) will notify ratepayers of the new proposed rateable values effective from 1st April 2009, in October. The Department for Communities and Local Government (DCLG) […]

In a last minute attempt to stave off pressure to ease the business rate burden of a 5% hike starting from 1st April, the Chancellor announced in the Commons the afternoon before that new legislation will be brought in with immediate effect allowing business ratepayers in England to defer paying 3% of the 5% rise […]

The Health & Safety Executive has announced changes to the gas installer registration scheme  & whilst aimed primarily at the domestic sector will apply to commercial gas installations as well.   We have all become use to looking for a Corgi Registered company, but now things are changing. As of 1st April 2009, a new “Gas Safe […]