Henry Boot
"Henry Boot have worked with GCL for a number of years both on letting and management. Their work at Folkestone Services Junction 11, M20 in Kent has, over a number of years, been key to ensuring that the scheme after a poor start has grown rapidly over the last few years. GCL's innovative views on turnover rents and expertise in the food and beverage market has been a real asset to the letting of the scheme. In respect of management, GCL have consistantly performed well in terms of ensuring rent is collected and dealing with a number of the unusual problems that a motorway service area site can raise."
Adrian Schofield
Regional Manager
Henry Boot Developments LTD
Extra MSA Group
"GCL have worked on behalf of the Extra MSA Group for some 5 years, working closely with Extra's CEO Andrew Long to identify new tenant requiements and assisting in the negotiation of new lease transactions. GCL's knowledge and contacts within the Food & Beverage sector has proved extremely useful in creating new tenant opportunities for the Extra MSA Group, complimenting Extra's existing tenant relationships and contacts in the MSA sector. GCL have esablished a good and close working relationship with Extra to meet all of its Agency needs as and when required."
Andrew Long
Chief Executive
Extra Motorway Service Area Group
"GCL's property management and accountancy department has proved to be very efficient and productive in calculating and collecting both Rent and Service Charge payments from all of the Extra MSA Group's Amenity Building and Hotel Tenants, both main-stream multiples and small independent traders. All main leases are a combination of Base & Turnover Rent, so the calculation of the Turnover Rents has been and continues to be, a very important part of this service. Close liaison with all of the tenants is required to collate monthly sales information, assisting Extra MSA Group with its monthly management accounting and for the calculation of the quarterly Turnover Rents, as due from all main tenants quarterly in arrears, in addition to the base rental as payable quarterly in advance. There is also the quarterly recovery of service charge, contributions from each tenant, together with monthly food court charges applicable to the majority of the amenity building tenants. GCL's efficient attention to the detailed provisions of each lease and administration of the collection of the rent and service charge payments is a valuable support service for Extra MSA Group and undertaken to a high standard."
Andrew Long
Chief Executive
Extra Motorway Service Area Group
Threadneedle
"I have worked with Neil Grice and GCL on the Threadneedle ownership at station House Milton Keynes where the turnover transactions that the agency team at GCL have concluded and the management team have calculated have produced some excellent returns for the fund particularly in recessionary times. The turnover rent has also led to some very good rent review settlements within this block and overall GCL have delivered a Threadneedle a highly successful letting strategy on the retail element in the funds ownership."
