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.
M&S, 1 Albert Street, Nottingham
Date: Q4 2019
Acting on behalf of Nuveen Real Estate we advised on the sale of this retail investment to Thackeray Estates for £16.35m, reflecting a net initial yield of 7.50%.
The property is an attractive, purpose built flagship department store totalling 125,145 sq ft. The store is arranged over five floors, and benefits from lower ground, ground, first and second ...
Penny Hill Centre, Hunslet, Leeds
Date: Q3 2019
Acting on behalf of London & Cambridge Properties we advised on the purchase of this shopping centre investment for £3.2m.
The Penny Hill Centre is a neighbourhood shopping precinct comprising 22 retail units and extends to a total floor area of 34,645 sq ft. The scheme is well let to a strong community and convenience tenant line-up with key occupiers ...
Holland & Barrett, 19 North Street, Chichester PO19 1LB
Date: Q2 2019
Acting on behalf of M&G Real Estate we advised on the sale of this well secured prime retail investment for £1.35m, reflecting a net initial yield of 6.60%.
The property comprises a prime retail unit arranged over ground and first floor with a total net internal floor area of 2,196 sq ft. Well secured to a 5A2 covenant, Holland & Barrett Retail ...
B&Q, Weston Road, Crewe CW1 6BA
Date: Q2 2019
Acting on behalf of Nuveen Real Estate we advised on the sale of this retail warehouse to Cheshire East Council for £20.95m, reflecting a net initial yield of 7.00%.
The property comprises a modern purpose built retail warehouse with associated builders merchant and garden centre extending to 104,400 sq ft. Let to B&Q Plc for an unexpired lease term of ...
Pavilion Shopping Centre, Thornaby
Date: Q2 2019
Acting on behalf of London & Cambridge Properties we advised on the purchase of this shopping centre investment for £8.5m from LaSalle Investment Management.
The Pavilion Shopping Centre comprises 228,806 sq ft of predominantly retail accommodation with a small portion of office floor space, anchored by a substantial Asda foodstore for a further 67 ...
M&S Foodall, Kirby Road, Walton-on-the-Naze CO14 8QP
Date: Q4 2018
Acting on behalf of LSHIM we advised on the purchase of this proposed development from a Private Investor for £4.335m, reflecting a net initial yield of 5.00%.
The proposed development is on the former site of Martello caravan park and will compromise an open A1 retail store with food consent, with a total floor area of 11,800 sq ft. On practical completion ...
Snow & Rock, Davidson Way, Rom Valley, Romford RM7 0AZ
Date: Q3 2018
Acting on behalf of a Private Investor we advised on the purchase of this retail warehouse investment from Oxygen Asset Management for £3.5m, relfecting a net initial yield of 5.25%.
The property comprises a prime retail warehouse unit, completed in 2004 and totalling 8,500 sq ft (GIA) on a self-contained site. Let to Snow & Rock (Sports) Ltd with ...
Keighley Retail Park, Keighley
Date: Q1 2018
Acting on behalf of LSH Investment Management we advised on the purchase of this retail park from TH Real Estate for £14.50m, reflecting a net initial yield of 6.69%.
The property comprises a purpose built open A1 retail park which extends to 65,571 sq ft, with parking for 285 vehicles. The scheme is fully let to 11 tenants, with an AWULT of 6.9 years to ...
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 ...
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 ...
