Transactions
Since inception the ratio of the firm's sales to acquisitions has been broadly equal, totalling over £18bn. Notwithstanding our London base, Lewis Ellis has wide investment experience throughout the UK.
44% of our transactions have been properties in London and the South East region, but we have also transacted 22% in the North and 14% in the Midlands region.
Furthermore, we 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 55 separate deals, which typically are multi sector and geographically diverse throughout the UK.
1 Bentalls, Pipps Hill Industrial Estate, Basildon
Date: Q2 2017
Acting on behalf of AEW UK REIT we advised on the purchase of this industrial investment from Merson Signs Ltd for £2m, reflecting a net initial yield of 9.30%. The investment was structured by way of a Sale and Leaseback.
The property comprises a detached light industrial/warehouse unit totalling 32,932 sq ft, which is situated on a self-contained secure ...
131-133 Stoke Road, Gosport
Date: Q2 2017
Acting on behalf of The Milton Group we advised on the sale of this retail investment for £1.275m, reflecting a net initial yield of 9.50%.
The property comprises a parade of three units at ground floor. Upper floors consist of a snooker hall (above No.131) and 2-storey offices (above No.133). Multi-let at a passing rent of £126,000 p.a (very low ...
The Loddon Centre, Wade Road, Basingstoke
Date: Q2 2017
Acting on behalf of Hermes Investment Management we advised on the sale of this prime South East industrial investment for £11.88m, reflecting a net initial yield of 6.16%.
The property comprises an estate on Daneshill Industrial Estate, a prime warehousing location in Basingstoke, totalling 113,062 sq ft arranged in 11 units. Multi-let to a ...
Bright Horizons Day Nursery & Preschool, 88 Compayne Gardens, West Hampstead, London
Date: Q1 2017
Acting on behalf of CBRE Global Investors we advised on the purchase of this nursery investment for £6.175m.
The property comprises a Victorian villa extending to approximately 10,325 sq ft, arranged over basement, ground, first and second floors. Let in its entirety to Active Learning Childcare (UK) Limited for an unexpired term of approximately 11.3 years ...
The Breydon Centre, Padholme Road East, Peterborough
Date: Q1 2017
Acting on behalf of Knight Frank Investment Management we advied on the sale of this trade counter investment to Oastlodge Ltd for £1.27m, reflecting 6.53%.
Prominent terrace of three trade counter units totalling 15,210 sq ft (1,413.04 sq m) and situated in the key trade/industrial area of Peterborough known as the Eastern Industrial Area. Fully-let to ...
Travelodge Haverhill, Phoenix Road, Haverhill
Date: Q1 2017
Acting on behalf of LXI REIT Plc we advised on the purchase of this hotel investment for £5.5m, reflecting a net initial yield of 5.92%.
The property comprises a modern, 3 storey purpose built Travelodge hotel with 80 bedrooms totalling 30,643 sq ft. The hotel is let to Travelodge Hotels Ltd on a 25 year lease, expiring 28th July 2041, at a current rent of ...
Virgin Active Health Club, Riverside West, Smugglers Way, Wandsworth
Date: Q1 2017
Acting on behalf of TH Real Estate we advised on the sale of this prime leisure investment to Orchard Street Investment Management for £12.95m, reflecting a net initial yield of 5.00%.
The property comprises a high specification health & fitness club developed in 2002 with a total floor area of 40,192 sq ft. Let in its entirety to Virgin Active ...
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 ...
