Red Eagle One x Oaksure

Red Eagle One x Oaksure

Oaksure Property Protection 23 Austin Friars City of London EC2N 2QP www.oaksurepropertyprotection.com 0207 794 8467

Red Eagle One (Shipley) LTD 99 Princess Road East, Leicester, England, LE1 7LF

03/09/2020

Property Protection Proposal for Michael House School

Dear Richard, Thank you for giving us the opportunity to provide Red Eagle One (Shipley) LTD a proposal for security and empty business rate mitigation. We would be pleased to work with you and here provide an extremely competitive offer which will significantly reduce current and projected expenditure on security as well as empty business rates. Our management will also help safeguard the value of your property while it is vacant. We understand that your main concern is having more of a presence in the property in order to reduce the interest fromwould-be trespassers and thieves. As we’ve discussed having our Guardians present in the property will create an unmissable presence while also providing a host of other advantages including a dynamic security service and overall management of your vacant property on your behalf. We radically reduce the costs of buildings without tenants and relieve the social costs of vacancy. Our service increases the supply of temporary accommodation, maintains footfall and community relations in areas blighted by vacancy and demonstrates innovative and local minded management of vacant buildings. We are the only live in guardian on the market that extends our investment in people and clients to the degree of providing our security guardians with SIA qualifications. This give us massive credibility and also carries incredible weight with local police and authorities and should only encourage your neighbours to support you in instructing us to protect your estate. We are the only operator in our sector to have founded and funded our own charity for the community, artists, agroforestry, reduced wastage and renewable energy. We are the only company in our sector to insist upon basic BICS (British Institute of Cleaning Science) training for our core staff and head guardians. This ensures that all resident security guardians operate in accordance with and far above the minimum standard of HSQE & H&S compliance regulations. They even go as far as to understand potential contagion risks within a site and report these to us immediately, before they become a threat or you are exposed to any risk.

Their reporting can lead to the suggested implementation of industry leading products such as UV fire exit lamps (that I mentioned to you), running at the same energy consumption of a standard lamp, but shining bacteria killing light over the doorway, door fixtures and surrounding area, 100% of the time. Naturally, the installation of these carries an additional charge, but it is considerably less than the alternative of having alcohol hand gel dispensers mounted at entry points and the awkward logistics of refilling the bottles with gel, not to mention the incredibly high expense of the same. These unique proposals, will again, win you the respect and approval of neighbours and the council. We have literally thought of every eventuality and can offer solutions to suit your requirements, leaving you with complete peace of mind and above all, complete security (in every sense) for your property. In this document we provide an outline of our proposal to provide security for Red Eagle One’s vacant buildings, some details about what makes the quality of our service superior. One of the greatest benefits provided by live-in guards would afford you the equivalent of 24 hour manned security guards but for a fraction of the price. The average cost of contracting this kind of traditional security service would be over £300,000pa. In addition, we understand that your current business rate expenditure for the property is based on a rateable value of £52,000pa, which equates to a rates payable bill of £26,208pa. Instructing Oaksure equates to an annual saving to Red Eagle One of approx. £16,806.60 in relation to the business rates liability of Michael House School and will inherently provide a built-in security function worth over £300,000pa for just £200 per month.

We look forward to hearing from you in due course.

Kind Regards Ayo Ogunleye and Daniel J Hudson

Overall Proposal

Oaksure will:

• Provide security for the duration of vacancy – from commencement date until midday of handover to a new tenant or owner • Ensure each property is vacant and ready for its next use with 20 working days’ notice • Mitigate empty business rates on every building required. We process the entire application and the savings will be backdated to the first date we are on-site. Typically 90% savings • Clean and maintain the outside of the buildings we protect, improving their appearance to the public • Maintain garden areas where applicable • Save Red Eagle One staff time by giving access to contractors and surveyors sent to the property on their behalf • Advertise properties which are earmarked for disposal to our extensive network of investors and developers

Oaksure Quality Assurance • We are the only guardian company to invest in SIA training for our guardians. This increases their professionalism and job opportunities while helping us build lasting relationships • Oaksure Senior Management have attended the Fire Protection Association (FPA) fire safety course required to undertake property fire risk assessments, and are Security Industry Authority (SIA) qualified • We comply fully with all health and safety, environmental health, electrical and gas safety regulations. We will provide a Fire Risk Assessment free of charge; see attachments for our initial assessment • Oaksure works alongside taskforce police teams, court bailiffs, dog handlers, council inspectors, & London Fire Brigade when required. We secure properties immediately • We are members of the British Property Federation (BPF) and British Institute of Facilities Management (BIFM) • Insured for £10m Public Liability, £10m Employers Liability, £250k Professional Indemnity

Anticipated Savings for Red Eagle One (Shipley) LTD

Based on our initial assessment of the property and the information we have about your current expenditure on security, management and empty business rates we here outline the anticipated savings which you will benefit from by using our services. Business Rate Mitigation From the 100% success rate we’ve experienced when dealing with vacant properties such as yours, we are confident in our ability to reduce business rates expenditure at Michael House School from £26,208 to approx. £7,534 per annum. Once the property is brought into its next use these reductions would cease. This is a separate service to security which is charged at 10% of savings achieved, paid quarterly until contract termination. Total investment and resulting savings are detailed below;

Rates Mitigation Current Business Rates Payable

£26,208 £ 7,534 £ 18,674 £ 1,867.4 £ 16,806.60 £ 2,400.00

Estimated Annual Rates from Day 1 of Occupation

Security

Red Eagle One (Shipley) LTD Saving

Oaksure Fee (10% of Savings Achieved)

By using our live-in guards you will benefit from comprehensive security for your property plus a reactive maintenance service included without additional charge. Live-in guards provide a moral deterrent and gain the protection of the law against squatters neither of which is provided by static security guards. This will enable Red Eagle One to avoid the £864 per day/£300,000+ per annum typically spent on static security guards and reduce the cost to a £200 per month management fee.

Annual Saving

Annual Management Fee

Net Saving From Appointing Oaksure

£14,406.60

This proposal is valid for 60 days.