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.
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 ...
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 ...
