Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £18bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
44% of our transactions have been properties in London and the South East region, but we have also transacted 22% in the North and 14% in the Midlands region.
Furthermore, we have advised on a substantial number of portfolio transactions, which total over £3.05bn comprising £1.47bn in sales and £1.58bn in purchases in 55 separate deals, which typically are multi sector and geographically diverse throughout the UK.
St George's House East, Wimbledon SW19
Date: Q4 2018
Acting on behalf of M&G Real Estate we advised on the purchase of this mixed use investment from Aberdeen Standard for £52.72m, reflecting a net initial yield of 4.35%.
The property comprises a freehold trophy office and retail investment located in the heart of Wimbledon. St George’s House East totals 65,291 sq ft and is arranged with five ...
Discovery House, Ruddington Fields Business Park, Nottingham NG11 6JW
Date: Q4 2018
Acting on behalf of Legal & General we advised on the sale of this well secured long income office investment to West Berkshire Council for £6.545m, reflecting a net initial yield of 5.50%.
The property comprises a comprehensively refurbished Grade A office measuring 25,184 sq ft (2,339.7 sq m) arranged over ground and first floor. Secure income let to ...
Staycity, The Corn Exchange, Drury Lane, Liverpool L2 0PH
Date: Q4 2018
Acting on behalf of KFIM we advised on the purchase of this newly developed aparthotel from a Private Investor for £22.80m, reflecting a net initial yield of 5.30%.
The property comprises a new 212 unit aparthotel comprising 28 two-bed, 24 one-bed, 149 studio and 11 disabled accessible apartments. The aparthotel has a total GIA of 92,400 sq ft. Pre-let on a ...
M&S Foodall, Kirby Road, Walton-on-the-Naze CO14 8QP
Date: Q4 2018
Acting on behalf of LSHIM we advised on the purchase of this proposed development from a Private Investor for £4.335m, reflecting a net initial yield of 5.00%.
The proposed development is on the former site of Martello caravan park and will compromise an open A1 retail store with food consent, with a total floor area of 11,800 sq ft. On practical completion ...
Airwaves, Bailey Road, iQuarter, Rugby CV23 0PD
Date: Q4 2018
Acting on behalf of TH Real Estate we advised on the sale of this freehold office investment to Corum Asset Management for £11.15m, reflecting a net initial yield of 6.50%.
The property comprises a two storey office building totalling 39,648 sq ft, on a self-contained site of 2.55 acres. Let to Airwaves Solutions Ltd for a further 14.7 years at a current ...
Stratford Court, Cranmore Boulevard, Solihull B90 4QT
Date: Q3 2018
Acting on behalf of Eskmiur Properties we advised on the sale of this multi-let office investment to Wyre Forest District Council for £6.10m, reflecting a net initial yield of 6.87%.
Stratford Court provides 30,694 sq ft (2,851.57 sq m) of open plan office accommodation arranged over ground and two upper floors. The property is let to six tenants ...
Units C-E Latchmore Park, Latchmore Road, Leeds LS12 6DN
Date: Q3 2018
Acting on behalf of Eskmuir Properties we advised on the sale of this reversionary multi-let industrial investment to Legal & General for £5.70m, reflecting a net initial yield of 6.10%.
The property comprises three detached industrial units with ancillary office accommodation totalling 76,146 sq ft (7,074.19 sq m). Multi let to three tenants ...
Hilldane Portfolio
Date: Q3 2018
Acting on behalf of IOAM we advised on the purchase of this freehold industrial portfolio from CNC Property Fund Management for £17.435m, reflecting a net initial yield of 6.70%.
The portfolio comprises seven multi-let industrial estates located in the South East, South West, Midlands and Wales. The properties total 239,753 sq ft and generate an annual rent ...
Snow & Rock, Davidson Way, Rom Valley, Romford RM7 0AZ
Date: Q3 2018
Acting on behalf of a Private Investor we advised on the purchase of this retail warehouse investment from Oxygen Asset Management for £3.5m, relfecting a net initial yield of 5.25%.
The property comprises a prime retail warehouse unit, completed in 2004 and totalling 8,500 sq ft (GIA) on a self-contained site. Let to Snow & Rock (Sports) Ltd with ...
Mitre House, 223-237 Borough High Street, London SE1
Date: Q3 2018
Acting on behalf of Knight Frank Investment Management we advised on the corporate purchase, which holds the freehold interest in Mitre House, for £25.00m, reflecting a net initial yield of 4.82%.
The property comprises 31,576 sq ft modern office and retail property, arranged over basement, ground and four upper floors. The office accommodation is ...
