Wheeler and Lai Surveyors

Commercial Property
surveyors in portsmouth

Wheeler & Lai Chartered Surveyors have extensive local knowledge of commercial properties in Portsmouth; due to Rebecca and Sau-Wan working in and around the area, having started their careers here.

About Our Commercial Property Surveyors

Rebecca completed her undergraduate degree at the University of Portsmouth before training in a local firm for her APC and qualifying as an MRIC in general practice. Rebecca has experience in dealing with commercial and residential property management with high occupancy blocks in South and Western Parade. While also dealing with tenants and landlords in lease renewals in Albert Road, and valuations across Portsmouth’s secondary retail areas such as Fratton and Lake Road.

Sau-Wan completed an RICS accredited postgraduate degree at the University of Portsmouth and trained alongside Rebecca in the same firm. Sau-Wan has built up extensive office and industrial commercial management in Kingston Road and Cumberland Business Centre offices, as well as Jackson Close industrial units. She has carried out lettings and sales in commercial properties such as Commercial Road, Elm Grove and Highland Road.

Latest Properties

To Buy or Let

39 Charlotte Street, Portsmouth- Freehold for Sale or To Let

Hampshire, PO1 4AH
Freehold opportunity in Portsmouth – ground floor shop with upper floor storage,
To Let

18 West Street, Portchester- Shop to Let

Hampshire, PO16 9UZ
End of Terrace – Corner retail unit within pedestrianised high street location, popular precinct in Portchester.
To Let

1b Elmfield Court, Liphook Road – Ground floor – To Let

Lindford, Bordon, GU35 0QA
Ground floor retail/restaurant/Class E units in local retail parade on prominent Liphook Road, in Lindford, Bordon.

Case Studies

Wheeler & Lai work with clients on marketing commercial properties to let or for sale, such as offices at The Hard, a freehold shop in Kingston Road, Portsmouth, as well as a Long Leasehold Investment in Drayton. Our most recent transactions include a sale of a long leasehold ground floor shop in Cosham, and properties under offer include an investment for sale in Copnor Road, Portsmouth. We would be happy to advise clients on their options when it comes to disposal or management of their assets.

We can advise landlords or tenants on their assets, such as providing appraisals to gauge value or guidance on negotiations.  Rebecca completed an off-market sale of a property in Clarendon Road, where the client wished for us to handle negotiations with the tenant, as such the transaction was overseen from start to finish.

“We had an urgent business need and Sau-Wan responded to exceed all our expectations. Highly professional and great quality output. Highly recommended.”​
M Cripps
Fasset Ltd

What do we do?

We continue to advise clients who have assets in Marmion Road and Milton Road, on lease renewals, rent reviews and making the most of their assets. One of our recent roles has been negotiating new leases on industrial units at Robinson Way, Portsmouth, acting on behalf of a tenant.  We were pleased to secure a lower rental than the landlord started with and concluded the negotiation without having to involve the court.

We carried out valuations for takeaway and mixed-use shops in Arundel Street, as well as industrial and business units in Haslemere Road and Fitzherbert Road. Whether it is a valuation you require for probate purposes or capital gains tax, Rebecca and Sau-Wan are both registered valuers and would be able to provide an RICS Global standards valuation report.

We work alongside commercial property solicitors to help our clients have a smooth transaction, one example of which was providing a solicitor’s client with a photographic schedule of the condition to annex to their lease when they were taking on new premises in Albert Road. We acted promptly and provided the schedule in a professional and timely manner, to enable them to sign their lease and take occupation of their premises.

Lease Renewals & Surrenders

Letting Sales & Acquisitions

Photographic Schedules of Condition

Property Management

Rent Reviews

Valuations

Latest News

Winners of the Isle of Wight Chamber Business Expo 2021 Announced.

Comicoffee takes double unit at The Arcade, Cowes

Our latest deal – with an exciting new letting of retail units to local business Comicoffee and taking on a commercial property management role, in Cowes.

What is commercial property management?

When it comes to owning commercial property that you do not occupy yourself, you will likely have a tenant in the property or tenants if there are several elements. At this point, there will involve commercial property management, even if you look after the property yourself.

Commercial Properties that we have Sold and Let – Recent deals

Latest deals completed on commercial properties in Portsmouth and Waterlooville.

Can commercial property be lived in?

Answering a question we often get asked on commercial property, you’ll be interested to find out the answer.

Freehold Sold – 7a The Square, Petersfield

Freehold property – sale completed in Petersfield, The Square – ground floor shop with 2 bedroom maisonette above.