59.5 SOUTHWARK STREET

We are working for world famous architect TP Bennett on the redevelopment of their offices in Southwark Street who has bought 59.5 Southwark Street, a vacant office, from the City of London Corporation for £13.52 million, reflecting £439 per square foot. 

Prominently located on the corner of Southwark Street and Southwark Bridge Road and five minutes’ walk from Borough station, it comprises 30,827 square feet of office accommodation arranged over lower ground, ground and three upper floors, and was sold with full vacant possession. 

TP Bennett has bought the building for its own occupation. That would follow the successful acquisition and then sale and leaseback of its current headquarters at 1 America Street in Southwark. It bought the building in 2005 for £11 million and then carried out a sale-and-leaseback in 2014 to Abrdn for £30 million. It occupies 35,000 square feet at the building. 

Faryners Hall Monument London

We have been appointed to produce all the construction contracts and appointments for this very exciting development near the monument in London. Faryners House is a 7 storey office development in the City of London EC3.

The new building designed by Fletcher Priest Architects will provide high-quality Grade A office space. It will feature accessible terraces on most floors and state-of-the-art amenities including a comprehensive cycle hub with parking, showers, and changing facilities, promoting active commuting.

The new building will respectfully integrate with the area’s rich heritage. It features a central cube structure with a terraced wing, for a visual harmony with the nearby Monument and the original piazza vision. The materials are inspired by The Monument, with a focus on recycling. The lower levels are designed to improve accessibility and connectivity with Monument Square to highlight the site’s unique historical significance.

Sustainability is a core principle of Faryners House, aligning with the City of London Corporation’s Climate Action Strategy. The building aims for top sustainability certifications like BREEAM Outstanding and WELL Building Certification. It focuses on low carbon, active energy strategies, and sustainable procurement. 

The development will also make public realm improvements, including a new visitor centre for The Monument, retail spaces, and a spacious reception area, all aimed at improving accessibility and the area’s aesthetic appeal.

Retentions

The Construction Industry is feeling a pinch at the moment with cash flows tightening so what should you be doing to overcome the situation. Retentions may provide a solution and if you need any help in getting them released please get in contact.

RAAC or Aerated Concrete

Several of our clients in the education sector have contacted us worried about the use of Reinforced Autoclaved Aerated Concrete (RAAC) in their buildings to see if they have structures and roofs that may be in a dangerous condition.

If you have any concerns, we are in a position to make an early inspection and report on our findings.

Should the need arise, we can provide a one stop shop for replacements, repairs, temporary and new buildings.

Our services include:-
• Building Surveying Inspection & Report
• Recommendations for immediate Action
• Project Management & Principal Designer
• Architect and requisite planning permissions
• Structural Engineer
• QS Cost control Budgets & forecasts
• Mechanical & Electrical Engineering
• Legal Services

Adjudication

We regularly undertake adjudications for sub-contractors in the supply chain on a no win no fee basis. These are still often on a smash and grab or default basis so if you think that you are owed monies and aren’t getting paid what is due please get in touch.

In House training

We have just been appointed to provide in house training for a leading contractor. Our role will be to work alongside the in house personnel team to deliver a better understanding of design and build contracts, the Construction Act and the payment regimes that go with this and the process of Adjudication looking at some of the pitfalls that can be avoided.

Project Management Role

Our construction team have just taken on a new role on a very exciting Project to create a flexible live/work space in central London. The Project for one of the UK’s private developers sees us take on the entirety of the Project; leading the way with Planning and moving onto the construction and implementation phase. The Project which will take 2 years from inception to delivery is a good example of how our multi-disciplinary approach can deliver projects on time and in budget without the need for diverse project professionals