Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £18.5bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
Lewis Ellis 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 87 separate deals, which typically are multi sector and geographically diverse throughout the UK.
Landore Court, 47-53 Charles Street, Cardiff
Date: Q4 2017
Acting on behalf of Oaktree/Patrizia we advised on the sale of this freehold office investment to local property company, Garrison Barclay for £3.5m, reflecting a net initial yield of 5.88%.
It comprises approx. 23,000 sq ft of offices in a terrace of 4 units together with a surface car park for 32 vehicles and produces a current income of approx ...
Unit 3 Hammond Road, Elms Farm Industrial Estate, Bedford
Date: Q4 2017
Acting on behalf of CBRE Global Investors we advised on the off market purchase of this single let industrial investment for £4.86m, reflecting a net initial yield of 6.20%.
The property comprises a cross-docked warehouse totalling 53,333 sq ft GIA with ancillary offices and large yard. Fully let to Home Hardware Distribution Limited for a term of 10 years ...
31-33 East Street, Chichester
Date: Q4 2017
Acting on behalf of M&G Real Estate we advised on the sale of this prime retail and residential investment to RO Real Estate for £3.95m, reflecting a net initial yield of 4.70%.
The property comprises two prime retail units over ground and basement levels, with 3 self-contained residential flats and a maisonette above, which are all fully let on ...
Equinox North, Great Park Road, Almondsbury, Bristol
Date: Q3 2017
Acting on behalf of Eskmuir Properties we advised on the sale of this office investment to Regional REIT for £4.8m, reflecting a net initial yield of 8.66%.
The property comprises 32,278 sq ft of modern, open plan, high quality office accommodation arranged over two floors. Multi-let to four tenants at a current passing rent of £442,920 p.a ...
Collingwood Retail Park, Newgate Lane, Fareham
Date: Q3 2017
Acting on behalf of Eskmuir Properties we advised on the sale of this freehold retail park investment to Columbia Threadneedle for £17.22m, reflecting a net initial yield of 5.4%.
The property comprises 77,547 sq ft (7,204 sq m) of purpose built retail warehouse accommodation arranged as an ‘L’ shaped terrace, with a brand new standalone A3 pod ...
72-80 Clarence Street & 37-39 Wheatfield Way, Kingston-Upon-Thames
Date: Q3 2017
Acting on behalf of APAM we advised on the sale of this multi-let High Street investment for £5.15m, reflecting a net initial yield of 5.35%.
The subject property provides a substantial retail parade with approximately 8,024 sq ft positioned on Clarence Street, the town’s most principle retail thoroughfare. 85% of the income is secured to covenants ...
Units 17-26 Ashford Industrial Estate, Shield Road, Ashford
Date: Q3 2017
Acting on behalf of Eskmuir Properties we advised on the sale of this prime industrial estate to Royal London for £12.9m, reflecting a net initial yield of 4.84%.
The property comprises a industrial estate comprising 10 units totalling 62,010 sq ft GIA with unit sizes ranging from 4,089 sq ft to 7,838 sq ft. The estate is fully let to ...
Trio Portfolio
Date: Q3 2017
Acting on behalf of Eskmuir Properties we advised on the sale of this South East industrial portfolio for £15.3m, reflecting a net initial yield of 4.92%.
The portfolio comprises two assets located in Crawley and one asset located in Sittingbourne, with a total lettable floor area of 107,493 sq ft. The portfolio has an attractive AWULT of ...
KAO One, London Road, Harlow
Date: Q3 2017
Acting on behalf of Capital Trust we advised on the purchase of this office investment for £28.39m, reflecting a net initial yield of 5.5%.
The property comprises a Grade A office totalling 126,514 sq ft. The property is multi-let to Arrow Electronics and Raytheon Systems Limited on 15 year leases with rent reviews based on RPI at a total rental income of ...
Units 10-13 Coleshill Industrial Estate, Roman Way, Birmingham
Date: Q3 2017
Acting on behalf of LSH Investment Management we advised on the purchase of this industrial investment for £3.4m, reflecting a net initial yield of 5.36% and reversionary yield of 7.07%.
The property comprises a terrace of 4 industrial units constructed in the early 1980s totalling 41,041 sq ft. The property is multi-let to 4 tenants providing a current ...
