Enhancing MCA’s entire UK portfolio

Hartnell Taylor Cook has been retained as property advisors to the Maritime and Coastguard Agency (MCA) since 2001. Through strong working relationships, the role has extended in scope and geographical area to now include agency, consultancy, management and development for their entire property portfolio covering the whole of England, Scotland, Wales and Northern Ireland.

Challenge
HTC has been instructed to align their services to meet the MCA’s needs in a constantly changing and developing government agency in support of their core functions. The geographically diverse portfolio consists of over 500 sites across the entire UK, including many of the UK’s islands, and includes modern offices, operational premises, coastguard stations, radio masts and garages.

Solution
HTC established a core team in order to develop a thorough understanding of its entire estate enabling them to respond promptly to the Agency’s requirements. The role covers all aspects of property ranging from local disputes through to the acquisition of a strategic sites to the valuation of the entire portfolio. The core team regularly attends meetings to undertake a review of the portfolio and provides strategic advice on the rationalisation and streamlining of the estate to meet the Agency’s changing needs. A large area of the work is provided by the Lease Advisory team based in Bristol with 270 of the premises being occupied on a lease. The team also undertake rent reviews, lease renewals and analysis of the important lease dates.

Results
The Lease Advisory team and the core group has developed a close relationship with the MCA’s Estates team. The portfolio has been streamlined and a number of surplus sites sold, generating substantial receipts for both the Agency and the Government as a whole. Each site has been inspected and new management and maintenance works put in place increasing the efficiency of the estate.
In addition to lease advisory, HTC provides Building Consultancy, Facilities Management, Agency, Development, Valuation, Property Management and Rating on a regular basis.

Jonathan Marwood

Partner

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