RETAIL DEVELOPMENT, DEPARTMENT STORE AND EXPERT WITNESS ADVICE

Mike Prentice Consultancy is a property consultancy specialising in retail development, department store and expert witness advice.


The company was established in 2016 by Mike Prentice who has over 45 years property experience and who has specialised in the retail development sector for over 35 years.


Mike Prentice Consultancy was established in 2016 when Mike left CBRE after 40 years’ service. Mike started his career at Healey & Baker (now Cushman&Wakefield) and after 3 years working for a development company joined Hillier Parker (now CBRE) in 1977. He co-founded the specialist Retail Development team in 1982. Mike is a former head of UK Retail at CBRE.


Mike has worked on a number of major development projects including Eastgate Inverness, The Chimes Uxbridge, The Bentall Centre Kingston, Brent Cross, Westfield London and Westfield Stratford City.


Department stores are a vital cornerstone of successful shopping centres in the UK. Mike also has significant experience in this field. He has negotiated lettings to all of the major department stores including Debenhams, House of Fraser, Marks & Spencer and John Lewis. He has also acted as adviser to department stores: he was Bentalls’ property adviser and acquired stores in Birmingham and Manchester for Selfridges. Mike also acted for John Lewis Partnership in their attempt to acquire their first overseas store in Dublin.


Mike has acted as an expert witness in a variety of cases which relate to development activity, CPO, planning appeals, public inquiries and dispute resolution.


Mike Prentice Consultancy is currently advising TH Real Estate on their Edinburgh St James project and advising CBRE on a number of ongoing development projects.

Services

  RETAIL DEVELOPMENT ADVICE

We can offer comprehensive development advice on all aspects of retail development. Working with the client and other professionals including lawyers, CPO advisers, architects and other members of the professional team we can offer strategic and tactical advice on:

  • Site selection
  • Land assembly
  • Negotiation with Local Authorities
  • Department Store and other anchor lettings
  • Layout and configuration advice
  • CPO and Road Closure procedures
  • Financial viability

  DEPARTMENT STORE ADVICE

Department stores are the vital ingredient for most successful retail developments. Choosing the right store and negotiating acceptable terms are the key issues.

The services we can provide to developers and owners are based on over 35 years’ experience of:

  • Store configuration and layout
  • Operational needs
  • Rental and premium terms
  • Detailed Agreement for Lease and Lease terms

  EXPERT WITNESS ADVICE

We can offer expert witness advice within the areas of retail and retail development.

Previous experience of expert witness advice is in relation to:

  • The value of development land
  • Interpretation of development and funding agreements
  • Ground rent reviews
  • Retail expert on planning appeals
  • Advice on retail demand and scheme design at CPO Inquiries
  • Scheme financial viability
  • Dispute resolution

Clients and Projects

Get In Touch

Mike Prentice Consulting Ltd

info@mikeprentice.com