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PROPERTY HEAVYWEIGHT JOINS WATSON DAY O
ne of the leading agents of the region’s commercial property market has been appointed as a Partner at Watson Day Chartered Surveyors. Richard Turnill’s arrival strengthens a team which provides a range of commercial property services across Kent and the South East. Richard bolsters an already formidable team line-up which includes Partners Nick Threlfall, Ian Gutteridge, Julian Scannell and Kevin Dempster. The four founded Watson Day in 1989. The Kent-based consultancy specialises in industrial and office space, with a proven track record for servicing major schemes on behalf of institutional clients, property companies and private individuals. It has inspired many significant transactions with schemes including offices, industrial, land and investments – with transactions spanning a wide range of values from small industrial units to large office schemes. Senior Partner Nick says: “Richard is a first class agent, a heavyweight with considerable experience of this highly specialised and complex area of the business. We are long-time admirers of his work. Richard shares our values and ethos and is a perfect fit for Watson Day. The partners are delighted he has joined, and he has a vital role to play in taking the
business forward as we enter a new and exciting era of growth. ”Talking of his decision to join Watson
Day, Maidstone-born Richard says: “I have known the partners for many years, both in a professional and private capacity, and in a way they have mentored me since the early days of my career. “I’ve always been a big
L&G COMMITS £53M TO DOVER
admirer of how the partners run the business, and how they have developed and maintained a reputation for excellent customer service.“ The partners want me to play a major role in taking the business forward and I’m determined to repay the faith they have in me. We have plans to expand but it’s going to be evolution, not revolution,” adds Richard.
Contact Richard on 01634 668000, or email him at
richardturnill@watsonday.com or visit
www.watsonday.com
egal & General Property (“LGP”) announces, on behalf of its Managed Property Fund, that it has committed £53.25M to acquire and fund the development of St James, Dover, a new retail and leisure scheme at the heart of Dover town centre, supporting the Council’s wider regeneration work currently underway in the District. The developer for St James, Dover is Bond City which has been involved with the scheme for more than ten years. Once developed, it will provide 156,915 sq.ft of modern retail and leisure accommodation. The retail element is to be anchored by major brands including Marks & Spencer and Next, whilst the leisure component includes a six-screen Cine-UK (Cineworld) Cinema, a 108-room Travelodge hotel and six restaurants. The scheme is currently 69% pre-let with a further 3% under offer. Work has already begun on site with completion due by autumn 2017. St James, Dover is expected to provide strong returns for the Managed Fund, giving the Fund access to a retail and leisure asset which is well positioned to capitalise on key attributes which define resilient retail destinations, including convenience, tourism and transport.
L TO LET Prominent trade counter unit TRADE CITY, ROMFORD
9,933 sq ft
Prominent corner position Adjacent to Screwfix
8 Peter Higgins
DD 020 3141 3534
p.higgins@glenny.co.uk
Colin Herman DD 01708 759888
colin.herman@kemsley.com Ben Collins
DD 01708 759887
ben.collins@
kemsley.com
COMMERCIAL PROPERTY MONTHLY 2016
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