Mobile Phone Mast - Rent

[markbarwood]

Cheers for the reply. Ive emailed Shared Access so waiting for a reply. Im aware there is an O2 mast about 5 miles away but not much else. The area is rural - Monmouthshire, South Wales so signal strength is relitvely week. Thanks.

[ClassicMercs]

Our mast is a shared arrangement - o2 and Vodafone. A company known as CTIL.
5 miles is a long way though - with 4G the masts need to be much closer. There is a website where you can search all masts. And the coverage map that was produced for our application is very interesting - really highlights the difference between 2 3 & 4G coverageand why more masts are needed.
The killer though either overall or with the size of your return is their potential income. We have about 5000 people living near and a major route in and out of town.

[markbarwood]

Many thanks. Ideally we'd like the funds up front ratehr than a rental but will look at all options.

[surveyor]

markbarwood said:

Many thanks. Ideally we'd like the funds up front ratehr than a rental but will look at all options.

There are not many options for money up front - however I do a lot of work who with an investment firm who will purchase a site when a lease is completed, and the site is built (or well into the process of build).

Your first step is to find an Operator... https://www.mastdata.com/ show's you who is about.

[Farmer oxford]

Got a Vodafone mast on £3,000pa. Had a letter from CTIL saying they wanted new agreement on same money. Knew it was worth more but had no evidence to back it up.I looked on line for an land agent and used a company called the phone mast company ltd based in Oswestry. Turns out they were trying to get two sites for the price of one! They got me £7,500pa and £15,000 in back rent for missed rent reviews. Also got my legal fees paid. Buzzing!!! They also restricted my agreement, so they can't blink without my permission, before they were turning up all hours and pis*ing me off. My advice is give it to an agent who knows what they are doing! I now have more time and have used the extra money toward a new motorhome , cheers Vodafone beers on you!!!!

[surveyor]

Farmer oxford said:

Got a Vodafone mast on £3,000pa. Had a letter from CTIL saying they wanted new agreement on same money. Knew it was worth more but had no evidence to back it up.I looked on line for an land agent and used a company called the phone mast company ltd based in Oswestry. Turns out they were trying to get two sites for the price of one! They got me £7,500pa and £15,000 in back rent for missed rent reviews. Also got my legal fees paid. Buzzing!!! They also restricted my agreement, so they can't blink without my permission, before they were turning up all hours and pis*ing me off. My advice is give it to an agent who knows what they are doing! I now have more time and have used the extra money toward a new motorhome , cheers Vodafone beers on you!!!!

Patrick knows his stuff

[carreauchompeur]

The phone mast company seem like a bunch of legit, straight up guys. He's got a motorhome out of it.

[GloverMart]

Thread resurrection alert!!

How is it all going with the masts, guys? My local football club is looking to attract a little more revenue into the club and maybe aim at getting a regular rental plus doing a deal on other products such as WIFI and phone line. We have a rural site, looking through the thread seems to suggest the downside might be that there are very few chimneys around, albeit we are situated a couple of miles from a city with 500k people living there.

Would welcome any updates to this story.

[ClassicMercs]

You may be rural but the big question is are you near a main road to the city with a signal blackspot - especially O2 or Vodafone - and also you have some population in the village.
They need to see benefit to their users and potential revenues to support the expenditure

[GloverMart]

ClassicMercs said:

You may be rural but the big question is are you near a main road to the city with a signal blackspot - especially O2 or Vodafone - and also you have some population in the village.
They need to see benefit to their users and potential revenues to support the expenditure

Hi CM, thanks for replying, was hoping you'd be one of those that did.

We are about half a mile or so off the A37 going into Bristol. There are a few villages dotted about, but not that well inhabited.

[surveyor]

There is a potential seismic change to the industry with new regulations which came into place very late last year.

Operators have what they are claiming is equivalent to compulsory purchase powers. They are not - but they do have similarities.

Renewal notices that they are serving are coming in a fraction of rent passing - for example city rooftop sites at £200 per year where rent passing is in excess of £10k. Landlords are fighting these, but ultimately it is going to take some Tribunal Decisions to see where rents rest.

The Landlords agents as a whole are trying to get a message out that you should not let Operators or their agents have access to inspect without at least speaking to a specialist surveyor. They have the power to ask Lands Tribunal to grant a Code Right (Telecom speak for agreement) and site owners have very limited opportunity to object. The initial site access is one of the few areas where a site owner still has full control.

Edited by surveyor on Monday 16th April 15:59

[alexhammond]

Hi
Newbie here

I've recently acquired a tall industrial building in East Anglia, looking for other revenue streams, the idea of masts came up.

I've found a contact page for new landlords on CTIL so I'll give them a call and see what's what.

Any other suggestions of people or places to contact to offer my building? I've not been approached, but trying to be pro-active on this.


Any pointers very welcome
Cheers
Ale

[surveyor]

alexhammond said:

Hi
Newbie here

I've recently acquired a tall industrial building in East Anglia, looking for other revenue streams, the idea of masts came up.

I've found a contact page for new landlords on CTIL so I'll give them a call and see what's what.

Any other suggestions of people or places to contact to offer my building? I've not been approached, but trying to be pro-active on this.


Any pointers very welcome
Cheers
Ale

Very serious point. If you are going to the Operator - do not let them have access to do the site survey without agreeing head of terms first.

The Operators are arguing that new legislation gives them access to rooftops for a fraction of the old rent. They can pursue rights through a legal process without your consent - but you can control the initial access to site.

Very serious suggestion is that you employ one of the Specialist Landlord Telecom Surveyors firms if it goes anywhere beyond the initial conversation. It is likely that the operator will pay their fee's.

[alexhammond]

Thanks Surveyor
All well noted incase my enquires get anywhere.

Cheers

[skilly1]

I have also used 'The Phone Mast Company' with great success. I can recommend them for any help with phone masts, they re-negotiated contracts for me.