Property · London · Since 1986

Four related activities, held under one company.

Chaseslot Limited develops, buys, holds, lets and manages property. Doing all four rather than one is what lets us take a longer view of an asset than a company that only ever transacts.

What we do Contact

Company register

Registered name: Chaseslot Limited
Company number: 02051975
Incorporated: 3 September 1986
Registered office: 29 The Green, London N21 1HS

A company that keeps what it builds

Principal activities: Development of building projects; Buying and selling of own real estate; Letting and operating own or leased real estate; Management of real estate on a fee or contract basis

Most property businesses pick a side. Developers build and sell. Investors buy and hold. Managing agents run buildings for other people. Each has a horizon that ends where the next one begins.

Chaseslot has carried all four activities on its objects since 1986, and that changes how decisions get made. When the company that specifies a building is also the company that will still own it in fifteen years, the specification stops being an argument about capital cost and becomes an argument about what the thing costs to run.

Cheap decisions are visible from the inside. They show up as maintenance, as void periods, as the tenant who does not renew. A developer selling on completion never sees any of it. We do.

That is the whole of our reasoning for staying broad rather than specialising. It is not a claim to be better at development than developers. It is a claim that owning the outcome disciplines the decision.

What the company does

Development

Bringing forward building projects, from appraisal and planning through procurement to completion.

Investment

Acquiring and disposing of the company's own real estate, on a hold period measured in years rather than months.

Letting

Letting and operating property the company owns or leases, and dealing directly with the occupiers in it.

Management

Managing real estate on a fee or contract basis, applying the same standards we apply to our own.

How the four fit together

A single asset can pass through all of them, and often does.

Appraise

Establish what a site or building can support, what it would cost to bring to standard, and what it would then be worth holding. The answer is sometimes that someone else should buy it.

Acquire

Buy on terms that survive the appraisal rather than terms that require the appraisal to be revisited. Due diligence is done before exchange, not after.

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Develop or improve

Build, convert or refurbish — specified for a long hold. Where a component will be replaced twice in our ownership, that is the component worth spending on.

Let

Find occupiers and agree terms. A lower rent to a tenant who stays is usually worth more than a higher rent to one who does not.

Manage

Run the building — repairs, compliance, service charge, and the unglamorous administration that determines whether an asset holds its value.

Review

Periodically ask whether continuing to hold beats selling. Sometimes it does not, and the discipline is in acting on that rather than defending the original decision.

Talk to us

Whether you are selling a site, looking for space, or need a building managed properly, start with a conversation.

Contact Chaseslot