We are the freeholder, not the agent.
Hendrie Estates Limited owns, lets and manages property in and around Norwich. When something needs deciding, the decision is made by the people who own the building rather than referred somewhere else.
A Norfolk estate company, run from Norwich
- Registered name
- Hendrie Estates Limited
- Company number
- 07232513
- Incorporated
- 22 April 2010
- Activities
- Buying and selling of own real estate (68100); letting and operating of own or leased real estate (68209)
The company does one thing: it acquires buildings in Norfolk and lets them. It builds nothing, sells nothing on anyone else's behalf, and manages no property in which it has no stake.
Everything else follows from that. There is no chain of instruction between an occupier and the freeholder, no agent selling on commission, and nobody agreeing lease terms who will have moved on before they take effect.
It is not a service model so much as an absence of one. This is simply how property was held before it was intermediated, and the arrangement happens to favour the occupier.
Property types across the estate
We do not publish a schedule of properties. What follows is the kind of thing we own and look for.
Commercial
Offices, workshops and trade premises let to businesses on commercial terms.
Residential
Homes let on assured shorthold tenancies, managed directly rather than through an agent.
Mixed use
Buildings with commercial space at ground level and residential above, common in Norwich's older streets.
Light industrial
Units and yards where access, loading and power supply matter more than finish.
Land
Land held for the long term, including plots with no immediate use but a sensible future one.
Four tests before we commit
Do we know the area?
We buy in and around Norwich because it is where we can be at a building within the hour. Local knowledge is specific, not general.
Will it still let?
Access, parking, loading, power and light age far better than decoration. The question is whether someone wants it in fifteen years.
Does it work now?
Underwritten on today's rent and today's costs. A purchase that needs values to rise before it works is not one we make.
Have we surveyed it?
Properly, and before exchange. The cost of a survey is nothing beside the cost of finding the problem afterwards.
Looking for space, or selling a property?
Either way a short phone call establishes whether there is anything in it. We will tell you straight away if there is not.