Case Study: Portfolio Disposal


Portfolio disposal following a Leasehold Liability Transfer

Transferring the risk and burden of a surplus leasehold portfolio, with a gross liability of c£64m, for a major UK public limited company.


We took a transfer of the liability for 26 sites across the UK for a premium of £31m. The premium was part paid in cash, with the remainder in freehold property at an agreed value of £4m.

As the client’s lease disposal specialist we:

  • appraised opportunities for lease exit and pursued a strategy for each site
  • marketed all properties and achieved sub-lettings
  • approached landlords and sub-tenants on behalf of our client
  • sold all freeholds, realising cash to meet portfolio liabilities
  • provided regular management and financial reporting
  • achieved a £1m service charge saving for one property
  • surrendered all leases in order to achieve a clean release alongside provision saving


  • Liability pricing
  • Disposal option analysis and marketing
  • Negotiation and asset sale
  • Effective reporting
  • Risk transfer execution
  • Property management

Find out about our property disposal expertise

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