Knight Frank Automotive Brochure Our Network and Experience Read More
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AUTOMOTIVE Our Network and Experience Knight Frank’s specialist Automotive team is a “…the rare ability to provide leading advisor to the automotive and roadside property sectors. We operate across the UK both an occupational perspective and overseas, advising occupiers, developers, landlords and lenders on car dealership, service as well as detailed investment advice” area, petrol station and roadside retail assets. We provide unparalleled advice and support INTRODUCTION to our clients and back this up with industry- leading technology and market research. JOHN HUMBERSTONE Orchard Street Investment Management We are supported by a network of 84 Knight Frank offices across the globe offering local knowledge that simply does not exist at the majority of other real estate practices. Combine this with our personal, impartial and tailored advice and the service is truly unrivalled. We ensure that value from automotive property assets is maximised at all levels. Our clients’ trust is our primary goal, which is achieved through providing clear and honest advice, adopting a pro-active approach, and by continually exceeding expectations. ADAM CHAPMAN National Head of Automotive 1 SPECIALIST PROPERTY SECTORS AUTOMOTIVE CAR DEALERSHIPS ROADSIDE FACILITIES OUR SERVICES Franchised car dealership property in the Knight Frank Automotive has vast experience Unlike traditional real estate advisory teams UK has a total asset value of over £5bn. dealing with all roadside retail assets, which that focus on a single discipline, Knight Frank Knight Frank Automotive has excellent can range from tyre and exhaust centres to Automotive offers the full spectrum of agency relationships with leading manufacturers as drive-thru coffee units and fast food outlets. and consultancy services, including: well as dealer groups. Unlike typical mainstream The ‘food to go’ store sector in particular has property assets, the influence of the incumbent seen significant growth and we have strong • Investment Transactions manufacturer franchise, and the power of the relationships and experience in dealing with the • Occupational Agency brand, cannot be understated, and indeed major operators across the industry. The team • Portfolio Reviews & Valuations this often truly drives value. An in-depth also has specialist expertise with respect to • Bank Valuations understanding of Corporate Identity standards, truck stops and car parks. We are highly skilled • Due Diligence for Business Acquisitions market territories and specific property in identifying new development opportunities • Site Finding requirements is therefore imperative, whether on brownfield land or through • Development Consultancy and requires genuine expert advice. conversion of existing property. • Lease Renewals & Surrenders • Rent Reviews & Lease Consultancy PETROL STATIONS AND We have an extensive track record of dealing SERVICE AREAS with large-scale portfolios and individual assets, whether for major institutions or private clients. This sector has a UK ‘bricks and mortar’market value in the order of £7bn and has seen a considerable amount of activity in recent years. Within the petrol station sector there has been huge consolidation alongside the mass exit of major Oil Companies from the retailing arena,where they have focused on upstream WHAT IS AUTOMOTIVE PROPERTY? WHAT activities. This has presented unprecedented opportunities for petrol retailers to expand aggressively. The Service Area sector is much smaller, but conversely individual asset values are far higher (typically over £20m). Knight Frank Automotive is widely regarded as the leading “…have added genuine value to our UK real advisor in this highly niche field, having provided advice on over 75% of the UK network, as well estate, working with a personal, efficient and as overseas assets. professional approach at all times” DANIEL MCHENRY Group 1 Automotive 3 SPECIALIST PROPERTY SECTORS AUTOMOTIVE AUDI WAKEFIELD JAGUAR LAND ROVER, STOCKPORT NCP CAR PARK, HEATHROW SPAR FAIRFIELD SERVICE STATION, LOUTH CLIENT: Institutional Fund CLIENT: Institutional Fund CLIENT: Property Company CLIENT: AF Blakemore & Sons ROLE: Off-market acquisition ROLE: Off-market acquisition ROLE: Acquistion ROLE: Sale and leaseback VALUE: £6m+ VALUE: £10m+ VALUE: £15m+ VALUE: £3m+ “…genuine automotive specialists. We have been delighted with the work they have undertaken for us” PETER GRIFFITHS Renault UK JAGUAR LAND ROVER, LEEDS ESSO/MORRISONS PETROL STATION, BRISTOL CLIENT: Institutional Fund CLIENT: Private Investor ROLE: Off-market acquistion ROLE: Disposal VALUE: £14m+ VALUE: £4m RECENT TRACK RECORD UK – INVESTMENT APPLEGREEN SPALDING SERVICES VOLVO DEALERSHIP, NEWCASTLE THE AUDI PORTFOLIO THE BENZ PORTFOLIO CLIENT: Institutional Fund CLIENT: Lightstone Properties CLIENT: Aberdeen Standard CLIENT: Private overseas investor ROLE: Acquisition ROLE: Sale ROLE: Disposal of four Audi dealerships ROLE: Disposal of five dealership assets VALUE: £4m VALUE: £3m+ VALUE: £20m+ VALUE: £20m+ 5 SPECIALIST PROPERTY SECTORS AUTOMOTIVE GLAZE PORTFOLIO PFS INVESTMENT PORTFOLIO FORD DAGENHAM JUICE PORTFOLIO CLIENT: Lightstone Properties CLIENT: BlackRock CLIENT: AXA CLIENT: Investra Capital Limited ROLE: Investment acquisition ROLE: Acquisition of four prime investment assets ROLE: Sale of a new to market investment ROLE: Acquisition of 14 petrol station investments VALUE: c. £10m VALUE: c £11m VALUE: £6.5m VALUE: c. £30m “A diligent and professional approach with a high level of expertise in the motorway service area sector” ANDREW LONG Extra MSA NCP CAR PARK PORTFOLIO BMW MINI TRING CLIENT: CPCO (Blackstone / RBS) CLIENT: Lightstone Properties ROLE: Investment disposal ROLE: Disposal VALUE: c £500m VALUE: c £7m RECENT TRACK RECORD UK – INVESTMENT WOOLLEY EDGE MOTORWAY SERVICE AREA NISSAN BRISTOL SPIRIT PORTFOLIO LAND ROVER / HONDA / MAZDA BIRMINGHAM CLIENT: Orchard Street Investment Management CLIENT: AVIVA CLIENT: Hudson Advisors CLIENT: Knight Frank Investment Management ROLE: Investment valuation advice ROLE: Acquisition of a new to market investment ROLE: Sale of three petrol station investments ROLE: Acquisition of a new sale and leaseback investment VALUE: c. £35m VALUE: c. £6m VALUE: c. £4m VALUE: £17m 7 SPECIALIST PROPERTY SECTORS AUTOMOTIVE PETROL STATION INVESTMENT PORTFOLIO NEWBUILD FRANCHISED SHOWROOM DEVELOPMENT MERCEDES-BENZ RETAIL ASSETS SPIRE AUTOMOTIVE PROPERTY PORTFOLIO CLIENT: Coutts CLIENT: Jacksons CLIENT: LSH Auto CLIENT: Group 1 Automotive ROLE: Valuation for secured lending ROLE: Valuation for secured lending ROLE: Pre-acquistion due diligence ROLE: Pre-acquistion due diligence LOCATION: Nationwide LOCATION: Douglas, Isle of Man LOCATION: Midlands & North West LOCATION: South East NATIONAL CAR PARKS KWIK FIT PORTFOLIO LEEDS SKELTON LAKE MSA WELCOME BREAK PORTFOLIO CLIENT: Worthing Council CLIENT: Spring REIT CLIENT: Extra MSA Group CLIENT: Extra MSA Group ROLE: Pre-acquistion due diligence ROLE: Portfolio valuation for secured lending ROLE: Development valuation for secured lending ROLE: Portfolio valuation for secured lending LOCATION: South East LOCATION: Nationwide LOCATION: North East LOCATION: Nationwide RECENT TRACK RECORD UK - VALUATION DEALERSHIP PORTFOLIO DEALERSHIP PORTFOLIO CLIENT: Supergroup CLIENT: Mon Motors ROLE: Portfolio valuation for secured lending ROLE: Portfolio valuation for secured lending LOCATION: South East LOCATION: South Wales 9 SPECIALIST PROPERTY SECTORS AUTOMOTIVE CAR DEALERSHIP PORTFOLIO LIME PORTFOLIO FLAGSHIP KIA DEALERSHIP CAR DEALERSHIP PORTFOLIO CLIENT: BMO CLIENT: Aviva CLIENT: Aberdeen CLIENT: Aberdeen ROLE: Monthly valuation advice ROLE: Monthly valuation advice ROLE: Monthly valuation advice ROLE: Monthly valuation advice VALUE: £30m+ VALUE: £70m+ VALUE: £29m+ VALUE: £46m+ CAR DEALERSHIP PORTFOLIO CAR DEALERSHIP PORTFOLIO CAR DEALERSHIP ASSETS PETROL STATION PORTFOLIO CLIENT: Schroders CLIENT: L&G CLIENT: CCLA CLIENT: M&G ROLE: Monthly valuation advice ROLE: Monthly valuation advice ROLE: Monthly valuation advice ROLE: Quarterly valuation advice VALUE: £100m+ VALUE: £50m+ VALUE: £10m+ VALUE: £22m+ RECENT TRACK RECORD UK - FUND VALUATION MOTORWAY SERVICE AREA FERRARI DEALERSHIP CLIENT: CBREGi CLIENT: TH Real Estate ROLE: Annual valuation advice ROLE: Quarterly valuation advice VALUE: £20m+ VALUE: £7m+ 11 SPECIALIST PROPERTY SECTORS AUTOMOTIVE GLOUCESTER MOTORWAY SERVICES ROLLS-ROYCE/MCCLAREN ELMS BMW PORTFOLIO BASINGSTOKE AUTOPLAZA CLIENT: Westmorland CLIENT: Orbit Developments CLIENT: Bedfordia Group CLIENT: BlackRock ROLE: Occupational consultancy ROLE: Leasehold disposal for super premium brands ROLE: Disposal of three BMW businesses ROLE: Leasehold disposals of Ford and Peugeot VALUE: N/A VALUE: Confidential VALUE: c. £30m VALUE: Rental £360k LANDMARK CARS WEST LONDON CAR DEALERSHIP, DARTFORD SNAX 24 PORTFOLIO PEUGEOT WEST LONDON CLIENT: Landmark Cars CLIENT:Motorline CLIENT: Kennedy Wilson CLIENT: Blackstone ROLE: Leasehold disposal of bespoke showroom ROLE: Freehold sale ROLE: Rent review negotiations on portfolio of 13 petrol stations ROLE: Sale of freehold interest to the incumbent tenant VALUE: Rental £475k VALUE: c. £4m VALUE: Portfolio value enhancement c. £1m VALUE: Confidential UK WIDE ACQUISTIONS CORNWALL SERVICES CLIENT: BP CLIENT: Cornish Gateway Limited ROLE: Petrol station acquisition and development ROLE: Sole development and letting advisor VALUE: Various VALUE: c £14m RECENT TRACK RECORD UK - OCCUPATIONAL AGENCY RECENT TRACK RECORD UK - OCCUPATIONAL 13 SPECIALIST PROPERTY SECTORS AUTOMOTIVE