A SELECTION OF RECENT TRANSACTIONS

  • Aylesbury Street, Clerkenwell, London, EC1R

    DISPOSAL

    Sector - Class E with residential Planning Permission

    ***

    Freehold

    Well located Class E property.

    Within close proximity to Clerkenwell Green and Farringdon Station.

    Planning permission granted for conversion of part ground and three upper floors for residential use.

    The property provides 1,690 sq ft (157.0 sq m) of Gross Internal Area.

    Full vacant possession.

  • 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