Finding an operator for commercial property

I define the building and lease proposition before approaching operators whose format can work there.

An operator search should begin with the building, not a long brand list. Height, access, services, neighbours, planning, fit-out burden and lease term decide which formats can make a credible proposal.

I define those constraints with the landlord, account for any existing agency instruction and approach a short list with an accurate property summary. For host venues, the conversation also covers shared parking, customer peaks and who controls the wider site.

What changes the search

  • Owner authority, occupation and any sole or joint agency instruction.
  • Current planning use, conditions and physical format.
  • Fit-out works the property can accept and who would fund them.
  • Lease length, rent structure, rent-free period and security package the owner is prepared to discuss.
  • Evidence the landlord wants from an operator before heads of terms.
  • Shared access, parking, servicing, noise and operating-hour effects.
  • Property details that can be disclosed before the operator is named.
  • A sector label does not show that an operator can fund or run the proposed use.
  • Premature contact can cut across an instructed agent or reveal a confidential plan.
  • Fit-out burden can outweigh a headline rent advantage.

What I record on the first pass

  • A concise landlord-approved property summary.
  • Plans, services, condition and access information.
  • Existing agent role and excluded contacts.
  • Operator format and named reason the property warrants a conversation.
  • Approaches made, response and next action.

What to send me

  • Property address, tenure and current occupation.
  • Existing agents, marketing and conversations.
  • Use, size, access, services and known restrictions.
  • Target lease shape and landlord works.
  • Operator formats to include or exclude.

Further reading

Common questions

Can you work beside an existing agent?

Sometimes. I review the instruction first and agree a separate operator-search role that does not duplicate or cut across the agent's work.

How many operators do you approach?

The number follows from the property and agreed format. A short, reasoned list is more credible than a mass email.

Do you assess covenant strength?

I can collect the information the landlord requests, but financial and covenant judgement remains with the landlord and its advisers.

Contact Rivermark

Send Elia the property details.

Send the location, property requirement and timing.

Send the details