October 2013 - Landlord and tenants join forces to beat Council in race for internet speed
Oxfordshire’s leading commercial property consultants, VSL & Partners, has taken decisive action to avoid a tenant revolt at Lower Farm Barns near Bicester by uniting a landlord with tenants to significantly increase internet speed, answering the ever increasing business demands for better connectivity.
Following the recent announcement by Oxfordshire County Council and BT to invest in Oxfordshire’s internet connectivity by 2015, VSL acted quickly to convince the owner of Lower Farm Barns in Bucknell to combine forces with tenants to provide next generation internet fibre connectivity.
“All of my tenants are professional businesses which rely on the internet and their businesses were suffering due to slow broadband speeds,” comments Richard Carlton, owner of Lower Farm Barns. “I was faced with a tenants’ revolt and either had to look at ways for improving the broadband service or risk losing my tenants.”
The 2015 deadline created by Oxfordshire County Council and BT was considered too slow for the seven tenants located in barn conversions ranging from 500 sq. ft. to 2,500 sq. ft. at Lower Farm Barns, leading to commercial property agent VSL coordinating a better response.
“Whilst there are initiatives to extend broadband throughout the county it is taking its time to get to rural offices,” comments Richard Venables of commercial agents, VSL & Partners. “We took decisive action and now have a unique facility with all tenants renewing their leases and happy with the outcome. There is no doubt that the broadband arena is complex and we faced a steep learning curve to ensure we had the right service and at the right price.”
VSL instructed Milton Keynes based IT services and Telecommunications business, Managed247, to provide Lower Farm Barns with a managed internet connectivity package, which now offers each tenant internet speeds of between 10mb and 100mb with scope to scale to new tenants as they join the development.
John Pepper of Managed247 comments, “Internet access and speed of that connectivity is a key consideration for any tenant moving into new premises. It could almost be classed as the fourth utility. Forward thinking landlords are ensuring they have the right services in place for their tenants and we are very proud to have delivered this service to the development and its current and future tenants.”
There are currently two 500 sq. ft. offices available to let in the attractive courtyard setting of Lower Farm Barns, which can also benefit from the enhanced internet connectivity package. Current tenants include Red Engineering Design, Brackley Investments, Staphyt, Distinct Solutions and Kroll.
For further information about Lower Farm Barns, please contact Richard Venables at VSL & Partners.
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