Latest commercial property news from Lambert Smith Hampton

Ribblehead Station

Three-year Northern Rail contract extension secured

07/12/2010

Paul Barnett, John Wasp

A three-year extension to our estates management contract with Northern Rail has been secured, through the train operating company’s franchise agreement extension.

Multi disciplinary deal

The deal, which takes the partnership through to 2013, builds on the increasingly strong relationship between the two firms. It is a clear indicator of our role in supporting Northern Rail’s commitment to enhance the experience for customers at their stations.

Under the terms of the contract, we will provide a wide-range of services, including lettings, acquisitions and disposals, rent reviews, lease renewals, financial management and accounting. We will also provide design, procurement and project management of station redevelopments and commercial investment schemes.

Managing property portfolio of 462 stations

The work applies to Northern Rail’s entire property portfolio, which encompasses 462 stations across the North of England, spanning the Midlands up to the Scottish Border.  The overall portfolio covers stations of all sizes, from Manchester Victoria with 20,000 passengers each day, to small rural halts.

Paul Barnett, Transport Director in our office in Leeds, said: "Being awarded an extension to this significant contract reflects our continued focus on service delivery and builds on our growing reputation within the industry.”

John Wasp, Transport Director in our Manchester office, added: "This extension is great news, and continues the long standing relationship we have had with Northern Rail across the region.”

Delivering excellent customer service

Jamie Burles, Commercial Director at Northern Rail, said: “We provide 2,500 local and regional train services every weekday, serving a population of nearly 15 million passengers. LSH is a trusted partner whose high quality and robust advice has consistently exceeded our expectations and helped us to enhance our stations to deliver more for our customers.”

For further information relating to this news article contact 

Contact us now

Paul Barnett
Director - Real Estate Advisory

0113 887 6698

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