The team advise a wide range of clients including institutional investors, property investment companies and property developers on the acquisition, disposal and funding of multi-let industrial estates on a national basis. We aim to add and maximise value through providing comprehensive advice including strategic investment analysis, development appraisal and asset management and refurbishment.
Recent Highlights
Clifton Moor Industrial Estate, York
Acquisition on behalf of Protego Real Estate Investors LLP
Quick Facts:
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Multi let industrial estate totalling 431,170 sq ft/47 acres
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Mixed use: Industrial, Office, Retails Warehouse and Car Showroom
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Annual income of circa £2.23m per annum (£5.18 per sq ft)
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£33.00m, 6.40% NY
Units 1-18, Lake Road, Quarrywood Industrial Estate, Aylesford
Acquisition on behalf of Wynnstay Properties Plc
Quick Facts:
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Multi let industrial estate totalling 50,336 sq ft
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18 units let ranging between 1,850 – 6,325 sq ft
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Fully let to 14 tenants on 15 leases
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Annual income of circa £374,752 pa (£7.30 per sq ft)
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£4.53m, 7.66% NY
Units 1 & 2, Whitewall Road, Medway City Estate, Rochester
Sale on behalf of Protego Real Estate Investors LLP
Quick Facts:
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64,457 sq ft of industrial accommodation
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Multi let to two tenants
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Rent passing £289,981 per annum (£4.50 psf)
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£4.225m, 6.50% NIY
Units 3&4, Compton Park, Banbury, Oxfordshire
Purchase on behalf of Avon Capital Estates
Quick Facts:
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12,900 sq ft of industrial accommodation
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Multi let to two tenants
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Rent passing £78,000 per annum
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£1.05 m
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7.02% NIY
Highmarch Industrial Estate, Daventry
Purchase on behalf of CB Richard Ellis Investors
Quick Facts:
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54,054 sq ft of warehouse accommodation
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Multi Let to 3 tenants with 2 units vacant with rental guarantees
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Rent passing £229,840 per annum
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£3.2 m
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6.79% NIY
Siemens Technology Park, Beeston
Purchase on behalf of HSBC Specialist Investments Limited
Quick Facts:
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Virtual freehold interest
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683,345 sq ft / 19.34 hectares technology park
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Multi Let to 5 tenants
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Rent passing £1,618,690 per annum
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£21.3 m
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7.19% NIY
Windrush Industrial Park, Witney
Sale on behalf of HSBC Specialist Investments Limited
Quick Facts:
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508,033 sq ft of warehouse / office accommodation
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Multi Let to 16 tenants
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Rent passing £1,830,296 per annum
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£26.75 m
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6.47% NIY
Ash & Birch Industrial Estate, Kembrey Park, Swindon
Sale on behalf of Highcross
Quick Facts:
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170,059 sq ft industrial estate
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Multi Let to 32 tenants
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Rent passing £1,007,163 per annum
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£15.85 m
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6.01% NIY
Kingsbridge Centre, Bretton Way, Peterborough
Investment disposal on behalf of Gleeson / Marlborough Developments Ltd
Quick Facts:
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160,932 sq ft warehouse & office accommodation
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Multi let to 2 tenants
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Rent passing £667,085 pa
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£8.48 million
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7.44% NIY
The Apex, Tannochside Park, Uddingston, Glasgow
Purchase on behalf of CB Richard Ellis Investors
Quick Facts:
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75,229 sq ft industrial estate
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Multi let to six tenants
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Rent passing £348,375 pa
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£5.0 m
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6.59% NIY
Units 1&2 Kennedy Way, Stockport, Greater Manchester
Purchase on behalf of CB Richard Ellis Investors
Quick Facts:
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42,426 sq ft of warehouse accommodation
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Let to 2 tenants
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Rent passing £182,000 pa
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£2.530m
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6.80% NIY
Units 1 & 4 Quadrillion, Westmead Industrial Estate, Swindon
Purchase on behalf of Avon Capital Estates Limited
Quick Facts:
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41,603 sq ft industrial estate
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Rent passing £208,703 pa
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£2.665 m
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7.40% NIY
Wollaston Industrial Estate, Wollaston
Quick Facts:
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156,060 sq ft industrial estate
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Let to 12 tenants
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£5.85m
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6.85% NIY