58–59 Margaret Street, London

Graham Chase was appointed by the ‘virtual freeholder’ to provide an addendum Expert Witness report as to the cumulative effect on Market Value of the acceptance of the constraints and requirements put forward by the Freeholder for 58-59 Margaret Street in London which is leased to John Frieda Hair Salon. The property sits below high-quality residential apartments with the subject premises occupying the ground and basement. Graham was presented with 5 constraints and restrictions such as User Clause restrictions, opening hours for trading and identified whether a discount would be applied to the Market Rent and the overall Market Value of the property for the leaseholder.