Saturday 13 July 2024
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Nottingham

NG takes on River Crescent scheme on the banks of the River Trent

NG Chartered Surveyors’ new block management service had landed a significant new Nottingham instruction.

On behalf of client River Crescent Limited, the agency has taken over the management of the prestigious River Crescent scheme – a block of 128 apartments in the Colwick area of the city.

River Crescent had been suffering from a lack of transparency in the running of the service charge, with the leaseholder experiencing increasing costs with seemingly little return on investment.

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After a competitive bid process, NG came out as the preferred management partner for River Crescent with Director James McArthur and Jamie Pervin, Facilities Management Surveyor, leading the management of the building.

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James said:

“This one of the most prestigious blocks in Nottingham with amazing views over the Trent and we are really proud to have won the instruction.

“There is plenty of work to be getting on with; one of our first jobs is rebuilding the trust with the freeholder and leaseholders to ensure that the property is properly maintained.

“It is an exciting project to be involved with and both myself and Jamie are relishing the opportunity.”

Jamie added:

“This is an exciting block to manage, as there is a wide variety of services to take on.

“Fire safety is our number one priority, and we have hit the ground running with new fire alarm systems and improved fire strategies. The building and grounds are stunning, and they are a pleasure to manage.”

Merric Mercer, chairman of River Crescent Leaseholders, has been pleased with NG’s work so far. He said: “I’ve been highly impressed with NG since they took over as Managing Agents at River Crescent. Their proactive approach and attention to detail is a breath of fresh air compared with our previous managing agent.

“NG works to ensure that the service charges represent value for money and that costs are accountable and transparent.  At the same time, they are delivering a longer-term strategy and accompanying projects to ensure that River Crescent maintains its status as one of Nottingham’s most premium developments.

“Not only are NG highly professional, they are also personable and approachable and easy to work with, so I’m delighted to recommend them. ”

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