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.
Royce Road Industrial Park, Fleming Way, Crawley
Date: Q3 2016
Acting on behalf of Eskmuir Group we advised on the sale of this well let trade and industrial estate to a Family Trust for £10.53m, reflecting a net initial yield of 5.66%.
The estate comprises 18 trade and industrial units totalling 72,767 sq ft on a total site area of 4.18 acres, which reflects a site density of 39%. The property is let to 13 tenants ...
Attwood House, 140-145 New Street, Birmingham
Date: Q4 2016
Acting on behalf of The Crown Estate we advised on the purchase of this intermediary interest.
The property comprises four highly prominent retail units, totalling 21,230 sq ft, redeveloped by Hammerson in 2004, and arranged over ground and first floors. The units are let to Adidas (UK) Ltd, Royal Bank of Scotland plc, Aston Villa Ltd and Genus UK Ltd (trading as ...
Virgin Active, Worple Road, Wimbledon
Date: Q3 2016
Acting on behalf of KFIM Long Income Property Unit Trust we advised on the purchase of this leisure investment from Standard Life Investments Ltd for £6.8m, reflecting a net initial yield of 5.49%.
The property comprises a prime health and fitness club extending to 28,243 sq ft primarily arranged over ground and lower ground floors with a basement plant ...
Trimbridge House, Trim Street, Bath
Date: Q3 2016
Acting on behalf of TH Real Estate we advised on the sale of this Grade A headquarters office to Scotsgrove Holdings for £6.50m, reflecting a net initial yield of 5.85%.
The property comprises a three storey office building totalling 21,675 sq ft and was comprehensively refurbished in 2011. Let to Investment Funds Direct Ltd at a low passing rent of ...
Sword House, Totteridge Road, High Wycombe
Date: Q3 2016
Acting on behalf of Patrizia we advised on the sale of this long income office investment to Wycombe District Council for £6.60m, relfecting a net initial yield of 5.85%.
The property comprises a single let office building totalling 46,207 sq ft and arranged over ground, basement and six upper floors. Let to the undoubted covenant of Energiser Group ...
Mercia Portfolio
Date: Q2 2016
Acting on behalf of Aberdeen Asset Management we advised on the sale of the Mercia Portfolio to George Capital for £17.20m reflecting a net initial yield of 6.95%.
The portfolio benefits from a diverse spread of asset classes consisting of hotels, retail, retail warehousing and leisure. Two of the assets are located in Birmingham and three in the Midlands ...
Premier Inn, Great Park, Rubery, Birmingham
Date: Q2 2016
Acting on behalf of Aberdeen Asset Management we advised on the sale of this hotel to Colliers Capital for £5.847m reflecting a net initial yield of 5.50%.
The property occupies a prominent location on the Great Park with frontage to Park Way, the park’s main arterial road and consists of a 64 bedroom hotel and public house/restaurant of 10,859 sq ft ...
Longcross Portfolio
Date: Q2 2016
Acting on behalf of Praxis Capital Ltd we advised on the acquisition of The Longcross Portfolio from Elstree Capital Ltd for £8.176m, reflecting a net initial yield of 10.87%.
The portfolio comprised 16 office units spread across six locations within the South East of Fareham, Luton, Stevenage, Stokenchurch, Winnersh and Wokingham. The total floor area of ...
The Tramway, 165-169 Victoria Road West, Thornton-Cleveleys, Blackpool
Date: Q2 2016
Acting on behalf of a Patrizia and Oaktree Capital Management we advised on the sale of this leisure investment to a private investor for £1.727m, reflecting a net initial yield of 7.36%.
The property comprises a well let public house with open plan ground floor bar/restaurant area with first floor flat totalling 15,811 sq ft. Let to Mitchells & Butlers ...
Owain Glyndwr, 10 St John's Street, Cardiff
Date: Q2 2016
Acting on behalf of a private investor we advised on the sale of this leisure investment to a private investor for £2.125m, reflecting a net initial yield of 5.32%.
The property comprises a 13,455 sq ft public house over ground, first and basement floors which has been recently refurbished. The property is let to Stonegate Pub Co Limited expiring December ...
