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.
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 ...
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 ...
