Third Successful Deal for Waterhouse and Sainsbury's

Thursday, 5th September 2013

Waterhouse Commercial Surveyors, the York-based surveyors, has today announced the completion of a further deal in York with Sainsbury’s Supermarkets Ltd.  It’s the third successful deal with this leading food retailer and the transaction will secure the continuing retail use on the ground floor of Queens House – which is home to the York office of major law firm Langleys Solicitors LLP.  

This latest property deal in York for Waterhouse Commercial Surveyors, whose client is the owner of Queens House, included the amalgamation of three shops into one retail unit (4,770 sq ft) and relocation of two existing tenants.  Waterhouse has already concluded two other deals with Sainsbury’s in key locations close to the city centre on Bootham and Blossom Street in York.   

David Waterhouse of Waterhouse Commercial Surveyors, who instigated the deal and personally saw it through to completion added: ‘Our client was looking for a good length of lease and an appropriate tenant. We enjoy a good working relationship with Sainsbury’s and we were aware that they had been looking for some time to acquire a major retail unit in Micklegate.  We secured a deal and managed the transaction through to completion within 18 months.  At Waterhouse Commercial Surveyors, we recognise that such deals are often complex and require sensitive management to guarantee satisfaction on all sides. Our strength lies in delivering success and I am delighted to confirm its completion.’ 

Waterhouse Commercial Surveyors is one of the leading firms of Chartered Surveyors in North Yorkshire, dealing with many aspects of commercial property, with the emphasis on preserving and enhancing clients’ wealth.  The areas of expertise are predominantly in investment, retail agency, asset management and professional services.  Founded in 1994, the company has acted for and continues to act for a large number of national and regional clients, including financial institutions, developers, property companies, family trusts, occupiers and institutions.  Waterhouse prides itself on its flexibility and bespoke management of its clients, many of whom require anonymity and sensitivity.  Visit www.wcsyork.ac.uk for more information.  

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