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Services

By specialising in specific sectors of our market we build a heightened understanding and the ability to perform at a high level.

Selling
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Buying and Selling

Local Expertise

Finding a broker with unrivalled knowledge of the Central Plateau market is the first hurdle you'll jump when working with us. We have a large data bank of in-depth market information on a variety of property assets.

Marketing techniques 

We have the ability to utilise a combination of modern and traditional marketing techniques, enabling us to target
audiences by way of digital partnerships and database mail-outs.

Methods of sale

  • Deadline Private Treaty (unless sold prior)

    • This allows vendors to set a date by which all offers are to be submitted. Vendors can choose to accept an offer at any time as.

  • Tender (no prior sales)

    • Buyers submit confidential offers on or before the Tender date set by the Vendor. Typically used for selling highly sought after investment properties that attract national interest. A Tender allows all purchasers time to conduct their own due diligence.

  • By Negotiation

    • Similar to a Deadline Private Treaty but usually without a deadline date or a price. This method of sale is typically used for selling specialised assets, for complex transactions, limited buyer pools or off-market sales.

  • Off Market

    • Listings that are not on the open market. It is common in the commercial and industrial property sector for assets to be sold without a public marketing campaign. We have qualified buyers and off-market listings in our database. This approach may limit the buyer pool, but protects a vendor’s privacy

 

Documentation checklist

Key documentation needed (but not limited to) to make informed decisions:

  • Deed of Lease for each tenancy and an understanding of the tenant's history,

  • Seismic report  - prepared by a certified engineer detailing the structural integrity of the building,

  • Floor area and measurements - often shown in a valuation document,

  • LIM Report -  including property files that are held by the Local Council.

  • Building plans - often found in the Local Council property file,

  • Code of Compliance Certificate & Building Warrant of Fitness (if applicable) - Verifies that building work has consent and building systems are compliant and in working order.

 

Example timeline

  • Preparation for a campaign can range from 1- 4 weeks depending on the complexity of the asset and marketing methods chosen. We will agree on a marketing budget and organise all marketing to be signed off by the vendor prior to the commencement day of the campaign. At this time we ask for Vendor authority to distribute marketing material to qualified buyers in our database prior to the public launch.

  • Campaign phase is the period over which the asset is on the open market and generally runs for 4 to 6 weeks. Some assets may require longer campaigns to allow purchasers more time to complete due diligence.

    • Vendor reports are sent weekly during the campaign;

    • Marketing techniques are staged over the course of the campaign to ensure the widest audience reach.

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Leasing

Local Expertise

As a Landlord or Tenant, you will be working with a Broker who has successfully executed a large number of leases in Taupo since 2018. Retail, restaurants, offices, new builds, developments, industrial or parking, - you name it, we have done it, and we have up to date local knowledge.

Methods of lease

  • By Negotiation

    • Advertised to the wider market  

  • Off Market

    • Many Landlords will advise us of a potential vacancy long before it is on the open market and similarly a Tenant will advise us of their expansion and relocation plans well in advance. Leasing deals are often completed without going to market.

 

Considerations for a landlord

Having strong Tenants and lease terms will contribute significantly to the value of your asset. Before committing you should therefore consider:

  • Properly presenting your property for lease - Proactive Landlords will prepare the property to appeal to a wide range of businesses. Not doing so could dissuade a Tenant as they may not be able to see the potential of the property.

  • Market value -  how will this new tenant affect your property's value?

    • Length of lease term​

    • Annual rental

    • Rent review mechanisms 

    • NBS rating - will the rating satisfy blue-chip tenants?

  • Future works to the property, particularly for properties with a low NBS rating. Is it worth doing the work before a tenant moves in and will your best-suited tenant require a rating greater than 67%? ​

  • Incentives - some Landlords will offer incentives to attract the best Tenant at the time of negotiation. 

Considerations for a tenant

Renting new premises is a major commitment and will be one of your largest overheads, so you should commit wisely.

  • Future-proofing 

    • Can your business grow within this size tenancy?

    • Business Value - the location of an established business can affect the value of your goodwill ​

      • If you are planning on selling your business a potential buyer will want to know the ins and outs of your lease commitment.

  • Deed of Lease

    • Term - how long are you committing to this property?​

    • Rights of Renewal - how long can you envisage your business at this location?

    • Rental - can you afford the rental and the related operating expenditure (OPEX)?

  • Works 

    • Does work need to be done to the premises before you move in?

    • Will the work required trigger a resource/building consent?

    • Are the works bespoke to your business? 

    • Who is going to pay for the materials, labour and consultants?​

Timeline examples

Periods from agreement to occupation can vary greatly.

  • Example 1: A retail shop or an industrial shed may be vacant and suitable for a tenant to move into within a few weeks of entering into an agreement. Often minimal/no work or building consents are required. A commencement date is set and the rental is paid in advance pending occupation by the Tenant. 

  • Example 2: A retail shop being converted to a restaurant can take anywhere from 3 to 6 months from the execution of the agreement of lease depending on the quality of your plans and planners, and securing the right contract workers. 

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Development

More than a lease

Starting from scratch or repurposing a building? A concept is all it will take with Lyons Asset Brokerage to guide you in the Taupo market.

We will

  • Create a Development Proposal with you at the beginning of the development.

  • Get market feedback as to where the demand lies before launching on the open market.

  • Canvas suitable tenant's or buyers.

  • Work diligently to maximise the return on your investment.

  • Mitigate risk by securing agreements before related works begin on your project.

We can

  • Be the middleman between Tenants, buyers, architects and planners to define suitable building areas and yard/land boundaries.

  • Lease the building, or sell the land.

  • Sell the development from the plans.

Example timeline of the process

  • Conceptualise development before land purchase or while under contract and create a Development Proposal for you.

  • Create a Development Information Memorandum for marketing.

  • Approach Tenants in the market place who may suit the proposed development.

  • Work with you and the Tenant to come up with a formal Tenant proposal prior to an agreement.

  • Negotiate terms and work directly with the Architect to formalise floor plans, site plans, and building specifications. 

  • Prepare an agreement to lease and work with all parties until the agreement becomes unconditional.

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