Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £18.5bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
In addition of some £15.5bn in individual investments traded, Lewis Ellis have advised on a substantial number of portfolio transactions, which total over £3.05bn in 87 separate deals.
Nuffield Health & Fitness Club, 151 – 156 East Reach, Taunton
Date: Q4 2019
Acting on behalf of KFIM we advised on the acquisition of this leisure investment from Kingston Taunton for £5.0m, reflecting a net initial yield of 4.82%.
The property was constructed in circa 2003 and comprises a purpose built health and fitness club over ground and first floors totalling 22,560 sq ft GIA. Let to Nuffield Health for a further 23 years at a ...
M&S, 1 Albert Street, Nottingham
Date: Q4 2019
Acting on behalf of Nuveen Real Estate we advised on the sale of this retail investment to Thackeray Estates for £16.35m, reflecting a net initial yield of 7.50%.
The property is an attractive, purpose built flagship department store totalling 125,145 sq ft. The store is arranged over five floors, and benefits from lower ground, ground, first and second ...
Travelodge, Central Park, Western Approach, Bristol
Date: Q4 2019
Acting on behalf of South Gloucestershire District Council we advised on the acquisition of this hotel development from Barwood Capital for £8.5m, reflecting a net initial yield of 5.03%.
The development will comprise a 5 storey 81 bed hotel, together with a bar, café and 81 parking spaces. Upon completion Travelodge Hotels will enter into a new 25 ...
Wollaston Industrial Park, Wellingborough
Date: Q3 2019
Acting on behalf of Eskmuir Properties we advised on the sale of this multi let industrial estate to Chancerygate for £7.24m, reflecting a net initial yield of 7.40% and a capital value of £57 per sq ft.
Wollaston Industrial Estate is situated to the south of the town centre and is the primary industrial offering for the town. The property comprises ...
Bloxwich Industrial Estate, Bloxwich Lane, Walsall
Date: Q3 2019
Acting on behalf of London & Cambridge Properties advised on the sale of this freehold multi-let industrial investment to Vengrove Real Estate for £7.05m, reflecting a capital value of £50 psf.
Bloxwich Industrial Estate occupies a strategic location less than 300m from junction 10 of the M6 motorway and comprises seven industrial/warehouse units ...
7-8 Wellington Place, Leeds
Date: Q3 2019
Acting on behalf of Legal and General Pensions Ltd we advised on the forward purchase of this long leasehold, government let, office building for approximately £211m.
The property forms part of the highly acclaimed Wellington Place development carried out by MEPC on behalf of Hermes Investment Management and CPPIB.
It comprises two adjoining ...
Kingsbridge Centre, Sturrock Way, Peterborough
Date: Q3 2019
Acting on behalf of Eskmuir Properties we advised on the sale of this highly attractive, multi-let freehold industrial investment to Cambridgeshire County Council for £11.575m, reflecting a net initial yield of 6.00% and a capital value of £72 per sq ft.
The Kingsbridge Centre is strategically located next to Junction 17 of the A47 which in turn ...
315-317 Purley Way, Croydon
Date: Q3 2019
Acting on behalf of Eskmuir Properties we advised on the sale of this prime London trade counter investment to London Diocesan Fund for £2.68m, reflecting a net initial yield of 4.95% and a capital value of £266 per sq ft.
The property comprises two trade counter units totalling 10,068 sq ft and benefits from a highly prominent frontage on the renowned ...
109 Kingsway & 51-53 Parker Street, London WC2
Date: Q3 2019
Acting on behalf of Parham Developments we advised on the sale of this central London long income leisure investment to James Hay Pension Trust for £7.3m, reflecting a net initial yield of 5.00%.
The property provides 25,145 sq ft of accommodation arranged over eight floors, comprising two units on the basement and ground floors (a restaurant and bar) ...
Penny Hill Centre, Hunslet, Leeds
Date: Q3 2019
Acting on behalf of London & Cambridge Properties we advised on the purchase of this shopping centre investment for £3.2m.
The Penny Hill Centre is a neighbourhood shopping precinct comprising 22 retail units and extends to a total floor area of 34,645 sq ft. The scheme is well let to a strong community and convenience tenant line-up with key occupiers ...
