A SELECTION OF RECENT TRANSACTIONS

  • Terminus Road, Eastbourne, BN21

    DISPOSAL

    Sector - Retail with planning for 18 flats

    • Freehold

    • Prime retail investment with planning permission on the upper parts for 18 flats.

    • Basement, ground floor and mezzanine let to Barclays Bank UP PLC until September 2027, producing £200,000 per annum.

    • Vacant upper parts with planning permission for 18 flats.

    • Potential to create additional flats in the roof space subject to planning.

    • Sold on behalf of a private real estate investment company.

  • Neasden Lane, London, NW10

    ACQUISITION

    Sector - Office

    • Freehold

    • New build EPC A and BREEAM Excellent office

    • Close proximity to London Underground Station

    • Majority let to the Government

    • Low capital value £ per sq ft less than residential values

    • Acquired on behalf of a private investor

  • East End Road, London, N3

    DISPOSAL

    Sector - Leisure

    • Long leasehold

    • Gym extending to 31,131 sq ft

    • 70 on-site car parking spaces

    • Let to Pure Gym Limited with 16 years unexpired

    • Sold on behalf of a FTSE 100 REIT

  • Great Sutton Street, London, EC1

    ACQUISITION

    Sector - Office

    • Freehold

    • Prime Clerkenwell office building

    • Acquired with partial vacant possession

    • Potential to refurbish and modernise the building in order to set a new rental tone

    • Acquired in an off-market transaction on behalf of a multi-family office

  • Woodham Road, Addlestone, Chertsey, Surrey, KT15

    ACQUISITION

    Sector - Open Storage

    • Freehold

    • Off-market acquisition of an open storage site

    • Vacant

    • Acquired on behalf of a private equity firm

  • Cecil Street, Carlisle, CA1

    ACQUISITION

    Sector - Mixed use

    • Freehold

    • Majority of the property is let to Travelodge Hotels Limited with uncapped RPI increases

    • Potential to extend the Travelodge Hotel to occupy the vacant office floor

    • Acquired on behalf of a UK fund

  • St Peter's Street, St Albans, Hertfordshire, AL1

    ACQUISITION

    Sector - Retail

    • Freehold

    • Single let retail investment

    • 100% prime pitch

    • Acquired on behalf of a private investor

  • Lordship Lane, London, N22

    DISPOSAL

    Sector - Leisure

    • Freehold

    • Bingo Hall let to Mecca Bingo Ltd

    • Situated on a site of circa 2.20 acres

    • Potential for large scale redevelopment subject to obtaining necessary consent

    • Within 200 meters of Wood Green London Underground Station

    • Following a competitive marketing campaign the property was sold on behalf of a FTSE 100 REIT

  • Aylesbury Street, London, EC1

    ACQUISITION

    Sector - Office

    • Freehold

    • Vacant office

    • Located on Clerkenwell Green

    • Potential for refurbishment and redevelopment

    • Acquired in an off-market transaction on behalf of a multi-family office

  • Bunhill Row, London, EC1

    ACQUISITION

    Sector - Office

    • Freehold

    • Multi-let office

    • Approximately 13,328 sq ft

    • Low average passing rent

    • Prominently located in the heart of Tech City within close proximity of Silicon Roundabout and Old Street Station

    • Potential to add massing

    • Acquired on behalf of a multi-family office

  • Verulam Road, St Albans, Hertfordshire, AL3

    ACQUISITION

    Sector - Leisure

    • Freehold

    • Single let to Troia (UK) Restaurants Limited trading as The Ivy Brasserie with a Guarantee from Caprice Holdings Ltd.

    • 26 years unexpired

    • Overriding lease including 3 flats

    • Acquired on behalf of a private investor

  • Fishergate, Preston, Lancashire, PR1

    ACQUISITION

    Sector - Retail

    • Freehold

    • Single let high-yielding Building Society

    • Acquired on behalf of a private investor

  • Jamage Industrial Estate, Pit Lane, Stoke on Trent, Staffordshire, ST7

    ACQUISITION

    Sector - Industrial

    • Freehold

    • Two industrial units

    • Acquired as part of a site assembly

    • Acquired on behalf of a UK fund

  • Minster Place, Ely, Cambridgeshire, CB7

    DISPOSAL

    Sector - Retail

    • Freehold

    • Prominent city centre location

    • Let to Lloyds Bank PLC

    • Sold on behalf of a private investor

  • Broad Street, March, Cambridgeshire, PE15

    DISPOSAL

    Sector - Retail

    • Freehold

    • Prominent retail unit with upper parts

    • Let to Specsavers Optical Superstores Ltd

    • Sold on behalf of a private investor

  • High Street, Sittingbourne, Kent, ME10

    DISPOSAL

    Sector - Retail

    • Freehold

    • Three fully let retail units located in 100% prime pitch

    • Let to Superdrug and Betfred

    • Sold on behalf of a private investor

  • Davidson Way, Romford, Essex, RM7

    ACQUISITION

    Sector - Retail Warehouse

    • Freehold

    • Single let Retail Warehouse

    • Final part of a land assembly for future redevelopment

    • Acquired on behalf of a property company in an off-market transaction

  • Lowfield Street & Market Street, Dartford, Kent, DA1

    DISPOSAL

    Sector - Mixed use

    • Freehold

    • Multi-let retail and office investment

    • Potential for change of use of the upper floors

    • Approximately 21,000 sq.ft

    • Sold on behalf of a UK fund

  • Southmead Close, Westmead, Swindon, Wiltshire, SN5

    DISPOSAL

    Sector - Office

    • Freehold

    • New build office investment

    • Term certain of approximately 5 years

    • Sold on behalf of a property company

  • Rom Valley Way Retail Park, Davison Way, Romford, Essex, RM7

    ACQUISITION

    Sector - Retail Warehouse

    • Freehold

    • Multi-let retail park acquired as part of a site assembly program

    • Potential for alternative use

    • Acquired for a property company in an off-market transaction

  • Seebed Centre, Davidson Way, Romford, Essex, RM7

    ACQUISITION

    Sector - Industiral

    • Freehold

    • Multi-let industrial park with potential for alternative use

    • Acquired for a property company in an off-market transaction

  • Ratty's Lane, Hoddesdon, Hertfordshire, EN11

    ACQUISITION

    Sector - Alternative

    • Freehold

    • Renewable power station

    • Unexpired term of approximately 14 years with annual CPI rental uplifts, capped at 3.50% per annum

    • The cost of the tenant’s fit out was far greater than the purchase price

    • Off-market transaction

    • Acquired on behalf of a UK fund

  • Bateman Street, London, W1

    DISPOSAL

    Sector - Retail

    • Long leasehold

    • Ground floor and lower ground floor retail unit

    • Vacant possession

    • Sold on behalf of a private investor to the adjacent owner

  • Felaw Street, Ipswich, IP2

    ACQUISITION

    Sector - Office

    • Freehold with long leasehold car park

    • Multi-let to six tenants

    • WAULT of approximately 4.90 years to break

    • Acquired on behalf of a UK property company following a competitive bidding process

  • Rayleigh Road, Shenfield, Essex, CM13

    ACQUISITION

    Sector - Office

    • Freehold

    • Single let office building with approximately 10 years unexpired

    • Crossrail station situated opposite the subject property

    • Acquired on behalf of a private investor

  • Jamage Industrial Estate, Pit Lane, Stoke-on-Trent, Staffordshire, ST7

    ACQUISITION

    Sector - Industrial

    • Freehold

    • Single let industrial unit

    • High yielding and low capital value

    • Acquired on behalf of a UK fund

  • Lordship Lane, London, N22

    ACQUISITION

    Sector - Leisure

    • Freehold

    • Bingo Hall let to Mecca Bingo Ltd

    • Situated on a site of circa 2.20 acres

    • Potential for large scale redevelopment

    • Within 200 meters of Wood Green London Underground Station

    • Acquired on behalf of a publicly quoted property company

  • High Street, Colchester, Essex, CO1

    DISPOSAL

    Sector - Retail

    • Freehold

    • Prime Bank investment

    • Unexpired term of approximately 10 years

    • Sold on behalf of a private investor

  • Towpath Road, London, N18

    ACQUISITION

    Sector - Industrial / Open Storage

    • Freehold

    • Site area of approximately 5 acres

    • Strategic development land located within the London Borough of Enfield

    • Potential for increased massing on site or change of use in line with the local master plan

    • Acquired on behalf of a publicly quoted property company

  • Berners Street, London, W1

    ACQUISITION

    Sector - Leisure

    • Virtual Freehold

    • Long let restaurant investment

    • The location is likely to be enhanced and benefit from Crossrail

    • Acquired in an off-market transaction on behalf of a UK Pension Fund

  • South Street, Bishop’s Stortford, Hertfordshire, CM23

    DISPOSAL

    Sector - Retail

    • Freehold

    • Three retail units and a dental practice with rear car park

    • Marketing of the property generated good interest and was concluded with ‘Best Bids’ prior to the successful party carrying out an attended exchange of contracts

    • Sold on behalf of a property company

  • Bath Road, Hounslow, Middlesex, TW3

    ACQUISITION

    Sector - Leisure

    • Freehold

    • Single let pub on an island site with potential for future redevelopment

    • Acquired in an off-market transaction on behalf of a property company

  • Temple Street, Bristol, BS1

    ACQUISITION

    Sector - Student Accommodation

    • Freehold

    • Converted office comprising 153 direct let student rooms

    • Acquired on behalf of a listed REIT in an off-market transaction

  • Hempstead Road, Holt, Norfolk, NR25

    DISPOSAL

    Sector - Warehouse

    • Freehold

    • Purpose built warehouse of 29,144 sq ft

    • Let in its entirety to Booker Limited for seven years unexpired

    • Dunitz & Co. provided advice regarding re-gearing the tenant’s lease prior to marketing the property for sale

    • Sold on behalf of a private investor

  • High Street, Lincoln, LN5

    DISPOSAL

    Sector - Retail

    • Freehold

    • Modern retail unit located within Lincoln’s prime pitch

    • Let in its entirety to Barclays Bank PLC at a rent of £146,000 pa

    • Exchanged contracts five days from agreement of Head of Terms

    • 4.75% Net Initial Yield

    • Sold on behalf of a private investor

  • St Stephens Street, Norwich, NR1

    ACQUISITION

    Sector - Retail

    • Freehold

    • Three retail units located in Norwich city centre

    • Let to Lakeland Ltd, New Look Retailers Ltd and Slaters Menswear

    • Acquired on behalf of a property company

  • Deansgate & Oxford Street, Bolton, BL1

    ACQUISTION

    Sector - Retail

    • Prominent corner retail unit in Bolton’s town centre

    • Let in its entirety to Nationwide Building Society

    • Approximately five years unexpired

    • Net Initial Yield of 12.6%

    • Exchanged contracts within 48 hours of agreement of Heads of Terms

    • Acquired on behalf of a private investor

  • St Mary Street , Weymouth, Dorset, DT4

    ACQUISITION

    Sector - Retail

    • Freehold

    • Prime town centre pitch

    • Multilet retail investment let to WHSmith PLC, Telefonica UK ltd (t/a O2) and Caversham Finance Ltd ( t/a Brighthouse)

    • Net Initial Yield of 8.72%

    • Acquired on behalf of a property company

  • Mint Portfolio

    ACQUISITION

    Sector - Retail and Retail Warehouse Portfolio

    • Off-market portfolio sub-sale

    • Properties located in Peterlee, Colchester, Nottingham and Plymouth

    • Let to tenants including Poundstretcher Ltd, Lidl UK Assets GmbH, Moss Bros Group Plc, Greggs Plc and Blacks Outdoor Retail Ltd.

    • Portfolio was acquired on behalf of a property company

  • Kingsland Passage, London, E8

    ACQUISITION

    Sector - Office

    • Freehold

    • Highly reversionary

    • Asset management potential

    • Acquired off-market on behalf of a UK Pension Fund

  • Church Lane, Midsomer Norton, Somerset, BA3

    DISPOSAL

    Sector - Retail Warehouse

    • Freehold

    • Two Retail Warehouse units

    • Double vacant shop with 4 floors above

    • Let to Halfords Ltd and PamPurredPets Ltd

    • Sold on behalf of a private investor

  • High Street, Uxbridge, Middlesex, UB8

    DISPOSAL

    Sector - Retail & Office

    • Freehold

    • Two ground floor retail units with part vacant offices at first and second floor level

    • Planning permission for change of use of the upper parts to residential

    • Sold on behalf of a property company

  • Corporation Street, Corby, Northamptonshire, NN17

    ACQUISITION

    Sector - Retail

    • Freehold

    • Ground and part first floor let to Iceland Foods Ltd for 12 years

    • Part first floor let to Corby FM

    • Asset management opportunities

    • Acquired on behalf of a property company