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.
Almondsbury Business Centre, Woodlands Lane, Bristol
Date: Q1 2017
Acting on behalf of IO Asset Management LLP and Caisson Investment Management we advised on the sale of this business park investment to Skelton Group for £6.25m, reflecting a net initial yield of 8.15%.
The property comprises a 1990’s purpose built office park comprising nine self-contained office buildings totalling 51,385 sq ft. Multi-let to ten ...
Wakefield House, Borough Road, Wakefield
Date: Q1 2017
Acting on behalf of Commercial Estates Group we advised on the sale of this multi-let office investment to Ace Liberty & Stone Plc for an undisclosed sum.
The property comprises a landmark office building of 51,935 sq ft arranged over ground, basement and seven upper floors. Fully let to Fujitsu Services Limited and NHS Business Services Authority, providing a ...
Pure Gym, East End Road, Finchley
Date: Q1 2017
Acting on behalf of Kames Capital we advised on the purchase of this leisure investment for £4.55m, reflecting a net initial yield of 6.14%.
The property comprises a detached purpose built two storey gymnasium and cricket facility extending to 31,131 sq ft and is held long leasehold from the London Borough of Barnet for a further 125.5 years at a peppercorn ...
Transpennine 200, Pilsworth Road, Heywood Distribution Park
Date: Q1 2017
Acting on behalf of Curzon Advisers we advised on the sale of this prime industrial investment to Oxenwood Real Estate for £8.266m, reflecting a net initial yield of 7.37%.
The property comprises a modern industrial warehouse totalling 92,344 sq ft and is situated adjacent to the established Heywood Distribution Park. A highly specified unit developed ...
The Darkgate Centre, Carmarthen
Date: Q1 2017
Acting on behalf of London & Cambridge Properties we advised on the purchase of this retail investment from APAM for £3.37m, reflecting a net initial yield of 12.00%.
The property comprises 10 prominent retail units totalling 19,190 sq ft, with separately accessed offices totalling 16,612 sq ft NIA at 1st, 2nd and 3rd floors and a substantial rear ...
Travelodge Hotel, 99 King Street, Maidenhead
Date: Q1 2017
Acting on behalf of DTZ Investors we advised on the purchase of this leisure investment for £11.43m, reflecting a net initial yield of 4.80%.
The property comprises a modern 96 bedroom Travelodge hotel on 1st to 5th floors and two retail units at ground floor. The property is let to Travelodge, Sainsbury’s and Countrywide Estate Agents at a total ...
Waitrose, 129 Stoke Road, Gosport, Hampshire
Date: Q1 2017
Acting on behalf of The Milton Group we advised on the sale of this well let supermarket investment to Slough Borough Council for £3.5m, reflecting a net initial yield of 5.90%.
The property comprises a large retail unit of 23,975 sq ft with approximately 80 car parking spaces. Let to the 5A1 covenant of Waitrose Limited with 8.7 years unexpired at a low ...
One & Two Bracknell Boulevard, Cain Road, Bracknell
Date: Q4 2016
Acting on behalf of M&G Real Estate we advised on the sale of this prime Thames Valley office investment to a Private Investor for £10.6m, reflecting a capital value of £148 per sq ft.
One & Two Bracknell Boulevard consists of two adjacent, well-located buildings in Bracknell, one of the major office locations in the Thames Valley. Both ...
Chessington Park Industrial Estate, Chessington, London
Date: Q3 2016
Acting on behalf of Eskmuir Group we advised on the sale of this multi-let industrial estate to Royal London Asset Management for £18.07m, reflecting a net initial yield of 4.96%.
Chessington Park Industrial Estate is prominently situated on Cox Lane less than 1 mile (1.6 km) from the A3 dual carriageway. The estate comprises 10 industrial units let to ...
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 ...
