Commercial Property Acquisition

Commercial Property Acquisition Advisers in Yorkshire, the North of England, and the Midlands

A single acquisition can shape a portfolio’s direction for years. The right asset, bought at the right price, delivers income, capital growth, and strategic options. The wrong one ties up capital and limits future flexibility.

We help private investors, family offices, and property companies identify, evaluate, and secure commercial property across the North of England and the Midlands. Our approach combines a deep agency network with hands-on strategic asset management experience, so every acquisition is assessed not only on today’s fundamentals but also on what can be achieved with the asset over time.

Why choose The Property Partnership Group?

Independent, experience-led advice shaped by local knowledge, long-term relationships and considered judgement.

Local expertise since 1998

Deep knowledge of our residential, rural and commercial markets, built over decades of active, on-the-ground experience.

Tailored Advice

Every management instruction is tailored to your needs. We take time to understand your objectives and provide honest, independent advice throughout.

Off-Market Opportunities

Long-standing relationships with agents, intermediaries and property owners offering early insight into off market opportunities.

Multi-Disciplined

Residential, rural and commercial expertise delivered by an RICS-qualified team.

More than a purchase: Acquiring the right Commercial Asset

Commercial real estate acquisition is a different discipline from residential buying. Pricing is driven by income, lease structure, tenant covenant strength and the physical condition of the asset. An industrial estate let to a single tenant on a short lease presents a fundamentally different risk and return profile to a multi-let scheme with staggered expiries, even if the headline yield looks similar.

We work across the core commercial sectors: industrial and logistics, offices, retail, and alternatives, including leisure, medical, and more. Each sector has its own considerations. Industrial assets may hinge on specifications, yard depth, eaves height, and loading access. Office investments demand close attention to fit-out condition, EPC ratings, and the trajectory of local occupier demand. Retail requires a clear-eyed view of covenant quality, lease length, and the site's long-term positioning within the evolving retail market to assess viability.

'''html

How Our Acquisition Service Works

STEP 1

Defining your acquisition strategy

We begin by understanding your investment objectives, target return profile, risk appetite, preferred sectors and geographic focus. This shapes a clear acquisition brief that guides our sourcing activity.

STEP 2

Sourcing and screening

Using our agency network and direct market relationships, we identify opportunities that match your brief. We screen each against your criteria before presenting a shortlist with our preliminary analysis of income, pricing and value-add potential.

STEP 3

Detailed appraisal

For shortlisted assets, we prepare a comprehensive investment appraisal covering income analysis, tenant covenant assessment, lease structure review, building condition and specification, capital expenditure requirements, planning and environmental considerations, and a clear view of the reversionary position and asset management upside.

STEP 4

Negotiation and offer

We negotiate purchase terms on your behalf, covering price, conditionality, timescales and any specific deal structure requirements. Our aim is to secure the best possible price while maintaining a constructive relationship with the vendor and their agent.

'''

How we assess a Commercial Property acquisition

Every potential acquisition is subject to detailed analysis. This goes well beyond reviewing an agent’s sales particulars or running headline yield calculations.

On the income side, we examine the current rent against estimated rental value (ERV), the strength and trading performance of the tenant or tenants, lease lengths and break options, any rent review mechanics (including whether reviews are upward only, open market, or indexed), and the exposure to void risk at expiry. Where there are multiple tenants, we assess the quality and diversity of the tenant mix, the distribution of income and its timing, and where concentration risk may lie.

On the physical side, we evaluate the specification and condition of the building (although specialist advice may also be required), its suitability for the current use and potential for alternative uses, environmental compliance (particularly EPC ratings and any remediation required under MEES regulations), site configuration, access and infrastructure, and the capital expenditure likely to be needed over the hold period.

Meet your commercial property acquisition consultant

Edgar Seligman MRICS

Commercial Director

Edgar has spent his entire career working in the commercial property sector, specialising in investment and asset management. He has worked with a wide variety of clients including banks, property companies, institutional and private investors across multiple sectors including offices, retail, hotels, roadside, industrial and distribution in the UK and across Europe since 2005.

Tel: +44 7879 634654
Email: edgar@tppguk.com

Sectors We Cover

Industrial and Logistics

From single-unit trade premises to multi-let industrial estates and last-mile distribution facilities. We assess specification, tenant demand, lease structures and the growing importance of ESG compliance across the sector.

Offices

City centre and out-of-town office investments across the North. We evaluate occupier demand, fit-out condition, break and expiry profiles and the impact of changing work patterns on future income resilience.

Retail

High street, retail warehouse and convenience retail. Covenant strength, footfall trends and lease length are critical here, and we take a pragmatic view of which retail assets still offer genuine income security and long term investment value.

Alternatives

Roadside, including petrol stations, drive-thrus and EV, as well as leisure, medical and care homes. These sectors often offer longer income and stronger covenants, but require specialist knowledge to appraise correctly.

Asset Management

Once you complete your acquisition, delivering the business plan becomes the priority. Should you require, we are able to provide an ongoing asset management service. We can also provide this service on an existing owned portfolio.

Where we operate

Based in North Yorkshire and active across the North of England and Midlands, we support clients wherever property and land advice is needed, including:

Leeds
York
Sheffield
Doncaster
Darlington
Teesside
Newcastle
+

Frequently Asked Questions

What types of commercial property do you help clients acquire?

We advise across the main commercial sectors: industrial and logistics, offices, retail and alternatives, including roadside, leisure, medical and EV. Our focus is on income-producing assets across the North of England and the Midlands, though we can advise on opportunities nationally where appropriate.

Do you only source off-market opportunities?

No. We source and assess opportunities across both the open market and off-market channels. In many cases, the best opportunities come from our agency network before formal marketing begins, but we also help clients compete effectively for assets that are openly marketed.

What yield should I expect from a commercial property in the North?

This varies significantly by sector, location, tenant strength and lease length. As a broad guide, prime industrial yields in the North currently range from around 5% to 6.5%, offices from 6% to 8%, and retail from 6% to 10% depending on the quality and security of the income. We provide detailed yield analysis and comparable evidence as part of every acquisition appraisal.

Can you help me build a business plan for the asset after purchase?

Yes. This is a core part of what sets us apart. Our extensive asset management experience means we assess every acquisition with a laser focus on what can be achieved post-purchase, whether that involves renegotiating leases, improving tenant mix, addressing voids, repositioning the asset or planning capital expenditure to drive rental and capital growth.

How are your fees structured?

We set out a clear, transparent fee structure once we understand the scope and nature of your requirements. Our Terms of Business are fully explained at the outset. Please contact us directly to discuss.

I already own commercial property. Can you help with asset management as well?