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.
Mercia Portfolio
Date: Q2 2016
Acting on behalf of Aberdeen Asset Management we advised on the sale of the Mercia Portfolio to George Capital for £17.20m reflecting a net initial yield of 6.95%.
The portfolio benefits from a diverse spread of asset classes consisting of hotels, retail, retail warehousing and leisure. Two of the assets are located in Birmingham and three in the Midlands ...
Premier Inn, Great Park, Rubery, Birmingham
Date: Q2 2016
Acting on behalf of Aberdeen Asset Management we advised on the sale of this hotel to Colliers Capital for £5.847m reflecting a net initial yield of 5.50%.
The property occupies a prominent location on the Great Park with frontage to Park Way, the park’s main arterial road and consists of a 64 bedroom hotel and public house/restaurant of 10,859 sq ft ...
Longcross Portfolio
Date: Q2 2016
Acting on behalf of Praxis Capital Ltd we advised on the acquisition of The Longcross Portfolio from Elstree Capital Ltd for £8.176m, reflecting a net initial yield of 10.87%.
The portfolio comprised 16 office units spread across six locations within the South East of Fareham, Luton, Stevenage, Stokenchurch, Winnersh and Wokingham. The total floor area of ...
The Tramway, 165-169 Victoria Road West, Thornton-Cleveleys, Blackpool
Date: Q2 2016
Acting on behalf of a Patrizia and Oaktree Capital Management we advised on the sale of this leisure investment to a private investor for £1.727m, reflecting a net initial yield of 7.36%.
The property comprises a well let public house with open plan ground floor bar/restaurant area with first floor flat totalling 15,811 sq ft. Let to Mitchells & Butlers ...
Owain Glyndwr, 10 St John's Street, Cardiff
Date: Q2 2016
Acting on behalf of a private investor we advised on the sale of this leisure investment to a private investor for £2.125m, reflecting a net initial yield of 5.32%.
The property comprises a 13,455 sq ft public house over ground, first and basement floors which has been recently refurbished. The property is let to Stonegate Pub Co Limited expiring December ...
82-84 St Ann's Road, Harrow
Date: Q2 2016
Acting on behalf of Cordatus Real Estate we advised on the purchase of this retail investment from Longmead Capital for £4.666m, relfecting a net initial yield of 5.75%.
The property comprises two modern well configured retail units totalling 13,685 sq ft with acommodation arranged over ground, first and second floors. Let to the national covenants ...
Bedford Business Centre, Mile Road, Bedford
Date: Q2 2016
Acting on behalf of Clearbell Capital we advised on the purchase of this trade counter investment from Commercial Estates Group for £5.0m, reflecting a net initial yield of 6.50%.
Purpose built trade counter scheme comprising 19 units totalling 56,176 sq ft GIA (including mezzanines) on a site area of 3.18 acres. The scheme is let to 16 occupational tenants, ...
Primark, St Mary's Square, Swansea
Date: Q1 2016
Acting on behalf of Eskmuir Properties we advised on the sale of this prime retail investment to a Private Investor for £9.6m, reflecting a net initial yield of 5.25%.
The property occupies a highly prominent standalone position opposite the main entrance to the Quadrant Shopping Centre and in close proximity to Oxford Street, the prime pedestrianised pitch. ...
Riverside East, 2 Millsands, Riverside Exchange, Sheffield
Date: Q1 2016
Acting on behalf of Caudwell Properties we advised on the sale of this office investment to 90 North Real Estate Partners for £23.36m, reflecting a net initial yield of 6.73%.
Riverside East is a landmark Grade A office property totalling approximately 119,409 sq ft over ground and six upper floors. The property is well secured to Irwin Mitchell LLP for an ...
Lion Portfolio
Date: Q4 2015
Acting on behalf of IOAM we advised on the sale of this portfolio to Cordatus Real Estate for £25.773m, reflecting a net initial yield of 6.93%.
Portfolio comprising 10 well located multi-let industrial estates in the UK. A total lettable area of 389,805 sq ft, of which 24,913 sq ft comprises multi-let office accommodation, producing a total ...
