Meet our acquisitions team who offer specialist commercial property advice
The Acquisitions team at Align are key members of our award-winning multi-disciplinary company who offer specialist advice within all aspects of commercial property.
Led by head of Agency, Acquisitions & Disposals, Daniel Clinch, the team-of-five have more than 65 years’ experience canvassing off-market and on-market properties across the UK.
Specialising in commercial agency and property acquisition, they have negotiated a series of significant, lucrative property deals for local and national clients across the UK.
These clients stretch across the private and public sector.
The needs of the client are paramount – and the RICS-certified team provide a comprehensive service, taking time to fully understand clients’ requirements before scouring the market and using their local expertise to identify the best sites.
“With any deal, we try to identify the must-haves and the nice-to-haves in order to provide some degree of hierarchy within a formal recommendation report, before advising where we believe cost savings can be achieved,” Dan said.
“That then leads to our most valuable service which is the negotiation of the deal – remaining in regular communication with stakeholders to ensure the most cost-efficient and value-added outcomes and most importantly delivering a fair deal for all parties involved.
“Ultimately our role is to utilise our wealth of experience in this sector, which in return produces significant savings for all our clients from start to finish.
“Our knowledge within that particular area or property allows us to deliver an outstanding service without reducing the quality of any deal.”
With an impressive client portfolio stretching across private and public sector organisations, the team already boast an enviable network of contacts across the UK including with vendors, agents and solicitors.
A recent success story includes the acquisition of a block of 14 vacant apartments with six tenanted retail units that were owned by a regional housing association.
The Align team were aware that this asset was significantly underperforming and had been for a number of years, which in turn was proving problematic for the landlord.
Not only were there substantial rent arrears from the commercial tenants, but the holding costs for all the vacant apartments were also significant. With no capital to deploy, the team were quick to act and consider their next move.
Through a network of investors, Align sourced a buyer off-market and delivered an above-market offer to the landlord to relinquish the asset from their substantial holdings costs.
This buyer executed the deal swiftly deploying over £500,000 of renovation costs into the building, providing much needed social housing for the local area and constituting a great result for all parties involved.