Telecoms

Batcheller Monkhouse lead the market in negotiations, portfolio management, rent reviews, arbitrations and sales in all aspects of the mobile and fixed line telecommunication market. We never act for telecom companies, ensuring total impartiality in our work, which is critical in such a polarised and high pressured industry. By focusing solely on representing property owners we can ensure that you receive the best advice. We have acted in this capacity since the mobile phone market began in the early 1980s. Batcheller Monkhouse manages and maintains the most comprehensive database held by any Landlord’s agent enabling our negotiators to support any claims (not just rent) with evidence taken from well over 10,000 transactions.

We act for clients throughout the United Kingdom, who range from individual property owners to national corporate and investment property owners, Local Authorities and Government departments.

New Sites

Whilst few new sites have been built in the last three years, the demand for telecom services, the explosion in demand for bandwidth and the launch of new services have created renewed interest in the development of new sites. Ensuring that negotiations for your site are handled effectively, with due regard to other market transactions and your bargaining position, is essential.

Lease Renewals

The 1990’s saw a rapid growth in mobile telecoms. Sites were typically held under 20 year leases. The result of this is that we are now seeing a surge in the number of leases falling for renewal. It is important to consider any lease renewal carefully and give close regard to rent levels, assignment and site sharing provisions.

Arbitration and Expert Witness

It is not always possible to secure a rent review or lease renewal by negotiation. Our stance, however, is that where we feel the operator is resisting evidence for a reasonable rent or specific term, then the owner should consider recourse to arbitration or expert determination. We are experienced and successful in both procedures.

Development Relocation

Telecom operators are protected under the Communications Act and often also the Landlord and Tenant Act. Therefore, skill is required in agreeing terms and conditions for either the relocation or removal of the apparatus ahead of any redevelopment plans. At any one time, we have several cases where, working with solicitors, we negotiate terms for Court Consent Orders – vital for giving developers certainty over timing.

Valuation

We undertake formal valuations for numerous reasons: assessments for Capital Gains and/or Inheritance Tax, matrimonial settlements, development appraisals and for finance purposes. All formal valuations comply with the Royal Institution of Chartered Surveyors rules.

Portfolio Management

Our clients include private landowners, investment companies, emergency services, manufacturers, utility companies and statutory bodies. Many of these landowners own or control several sites across the UK. The key to success in the management of a portfolio of sites is to establish and then implement sound corporate strategy and procedure. This ensures that telecom income is maximised whilst the interests of the portfolio owner and its core business are protected.

Telecom Rent Reviews

Many operators are consolidating their network to reduce overheads resulting in significant pressure from them to reduce the rents they pay their landlords. However, with good evidence and a determined approach to negotiation, rents can still increase at review. This is particularly true for those sites leased by broadcast companies and other non-mobile telecom operators

Planning

Telecommunications companies enjoy certain permitted development rights. Whilst operators generally take great care in selecting a location, some sites may present a threat to your own property. Here we can advise on resisting such applications and working with the operator to find a more appropriate location.

Telecom Code Reform

The law underpinning an operator’s right to access land and remain on property is changing. Having provided evidence to the Law Commission and the Commons Committee stage in Parliament we can advise on the likely impact the proposed changes to the assessment of rent upgrading; site sharing; and the termination provisions will make to your property.