Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £17bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
48% of our transactions have been properties in London and the South East region, but we have also transacted 25% in the North and 14% in the Midlands region.
Furthermore, we have advised on a substantial number of portfolio transactions, which total over £3.47bn comprising £1.78bn in sales and £1.69bn in purchases in 47 separate deals, which typically are multi sector and geographically diverse throughout the UK.
Snap Fitness, Chiswick High Road, London W4
Date: Q2 2018
Acting on behalf of AEW Long Lease REIT we advised on the purchase of this leisure investment from a private investor for £2.223m, reflecting a net initial yield of 5.50%.
The property comprises a 5,918 sq ft gymnasium based over ground and lower ground floors and forms part of the 500 Chiswick High Road Redrow residential development, which completed in Q1 ...
Keighley Retail Park, Keighley
Date: Q1 2018
Acting on behalf of LSH Investment Management we advised on the purchase of this retail park from TH Real Estate for £14.50m, reflecting a net initial yield of 6.69%.
The property comprises a purpose built open A1 retail park which extends to 65,571 sq ft, with parking for 285 vehicles. The scheme is fully let to 11 tenants, with an AWULT of 6.9 years to ...
Speke Business Park, Sprint Way, Speke
Date: Q1 2018
Acting on behalf of IO Group we advised on the purchase of this industrial from Speke Business Park Ltd for £3.30m, reflecting a net initial yield of 8.00%.
The property comprises a business park of 17 units, totalling 50,460 sq ft. The scheme is 51% let and produces a total income of £240,720 p.a.
Anglo Office Park, Lincoln Road, High Wycombe
Date: Q1 2018
Acting on behalf of AEW we advised on the purchase of this South East office investment from a private investor for £3.35m, reflecting a net initial yield of 7.32%. The property is held long leasehold from High Wycombe District Council expiring March 2157.
The property is situated within Cressex Business Park and comprises ten units totalling 26,249 sq ft. ...
Lincolns Inn Office Village, Lincoln Road, High Wycombe
Date: Q1 2018
Acting on behalf of AEW we advised on the purchase of this freehold South East office investment from Katana Property for £3.475m, reflecting a net initial yield of 6.51%.
The property is situated within Cressex Business Park, close to junction 4 of the M40. The property comprises six four-storey office buildings, known as Bishops Court and Twyford Place, ...
Leander House, 4600 Parkway, Solent Business Park, Fareham
Date: Q1 2018
Acting on behalf of Oaktree/Patrizia we advised on the sale of this well secured ‘List X’ office building to Wesleyan Assurance Society for £7.36m, reflecting a net initial yield of 9.62%.
The property comprises a two storey office building with a net internal area of 45,311 sq ft. The building has ‘List X’ status, which is key to the ...
Parkview, Great West Road, Brentford
Date: Q1 2018
Acting on behalf of Paradigm Land we acquired this prime office in Brentford west London for £43m.
The property was originally constructed in 2002 to a high specification and was acquired with vacant possession and permitted development rights to convert it into 213 residential apartments.
No 2 Capital Quarter, Tyndall Street, Cardiff
Date: Q4 2017
Acting on behalf of Tesco Pension Trustees Ltd we acquired this prime office investment in the heart of Cardiff’s business district for a price in the region of £23.2m.
Constructed in 2016 to a very high standard including an excellent BREEAM rating by JR Smart Builders, the property is freehold and has a floor area of approximately 84,700 sq ft plus ...
SPL House, Poole Hall Industrial Estate, Ellesmere Port
Date: Q4 2017
Acting on behalf of LSH Investment Management we advised on the purchase of this industrial investment from SPL International for £3.49m, reflecting net initial yield of 6.51%.
The property comprises a modern, detached, self-contained distribution unit providing 48,896 sq ft of accommodation. Let on a new 20 year FRI lease to SPL International Ltd at an ...
Crescent Office Park, Clarks Way, Bath
Date: Q4 2017
Acting on behalf of Oaktree/Patrizia we advised on the sale of this office investment to Arbuthnot Latham Ltd for £6.35m, reflecting a net initial yield of 6.88%.
Crescent Office Park was constructed in 2008 and comprises a multi let office development extending to 25,526 sq ft, split into two units. The property is let to three tenants providing a total ...
