James Acock
JAMES’S ROLE
Lease Advisory & Business Rates Specialist
James started his career in the London West End office agency market in 1987, moving across to the City office market in 1991 to deal with lease consultancy / professional advisory work. James then moved to the niche City practice Ingleby Trice to head the Lease Advisory team before moving to Allsop as Partner in 2006. He continues to specialise in Lease Advisory work in the City, City Fringe and Midtown market for landlords and tenants.
James works closely with his agency teams, refining where refining any valuation significant clauses in new leases on acquisition and disposal appointments. “Working closely with our agency teams together with my forensic lease analysis inputs makes a world of difference to the outcome to a rent review or lease renewal.”
This collaborative approach also applies to his dilapidations appointments; he brings unique skills to the table, incorporating a sound application of the legal arguments alongside a close understanding of the market place – increasingly important where negotiations hinge around the intention of landlords on the future of vacated premises.
James looks beyond the obvious aspects such as terms of the lease, market conditions etc to consider the wider business objectives of the client, blending valuation and legal expertise to achieve exceptional results. “My work is all about the detail”.
RELEVANT EXPERTISE / SPECIALISM
- Rent Review negotiations
- Lease renewal negotiations
- Lease Re-gears
- Dilapidations negotiations
- All other landlord and tenant related negotiations
- Business Rates negotiations
RECENT PROJECTS / ASSIGNMENTS
Pinners Hall, Old Broad Street, EC2 |
28,000 sq ft |
Dilapidations |
33 Gracechurch Street, EC3 |
103,000 sq ft |
Rent Review & Dilapidations |
Fitzroy House, Epworth Street, EC2 |
65,000 sq ft |
Rent Review |
30 Old Bailey EC4 |
190,000 sq ft |
Rent reviews and Rating |
10 St Bride Street, EC4 |
9,800 sq ft |
Rent Review & Dilapidations |
Royal Liver Building, Liverpool |
4,500 sq ft |
Dilapidations |
Camomile Street, EC3 |
10,800 sq ft |
Dilapidations |
1 Southampton Row, WC1 |
40,000 sq ft |
Rent reviews, regear, rating |
70 Mark Lane EC3 |
85,000 sq ft |
Rent Reviews, rating |
20 Gracechurch Street, EC3 |
150,000 sq ft |
Rent review |
4 / 5 Bonhill Street, EC2 |
25,000 sq ft |
Rent review |
KEY CLIENT RELATIONSHIPS
- Aviva Investors
- City of London
- AXA XL
- BMO
- Charities Aid Foundation
- Mayfair Capital
- Monex Europe
PROFESSIONAL AFFILIATIONS
- Member of the Royal Institution of Chartered Surveyors BSc Estate Management
GETTING TO KNOW JAMES
Favourite Sport/ Team: Cycling
Favourite Holiday Destination: Greece
Favourite Book: I Am Pilgrim
Who would play you in a movie: Hugh Laurie (Think "House")
Insights by James Acock
Top Tips for Tenant Dilapidations
Dilapidations represent the costs a tenant incurs to restore a property to its original state at the end of a lease. These co...
Trips and Tips for Landlord Dilapidations
Dilapidations refers to the condition of a tenanted property during its occupancy and lease expiry and landlords should be co...
Get wise with MEES
The initial introduction of Minimum Energy Efficiency Standards (MEES) in 2018 marked a significant shift in the UK commercia...
Tackle dilapidations early to reap the rewards at the end
Tenants are moving more often, with shorter leases or break options, which is great for tenant flexibility but which squeezes...