Waltons offer a unique locally based service to the landlords of commercial property and mixed residential/commercial property. We offer a full range of property management services, from complete management (including supervision of repairs, rent collection and tenant contact), through to consultancy management where we deal with a property portfolio at a reduced fee when the client retains some responsibility for collection of rent and other charges. In some cases we are prepared to include agency fees within the total management package for a portfolio of properties, and our management fees usually include rent reviews, lease renewals and other occasional events as part of the standing charge which is made.
Typical management fees range from 5% to 10%, although it can be lower in certain circumstances and particularly with larger industrial properties where the higher rents are disproportionate to the number of tenants. We find that many clients are not aware of the full benefits of having the property managed by a professional surveyor. We are more than happy to offer a free initial consultation and advise on a property portfolio or single property without obligation.