Lewis & Partners recently advised a Family Office on the sale of Genesis House, Godliman Street, St Paul’s EC1 to Travelodge Hotels Ltd in an off market transaction for an undisclosed amount.
The property was multi let with short unexpired terms and had the potential to create up to 95 hotel rooms subject to necessary planning consents.
Following an extensive marketing campaign, L&P recently concluded the sale of 76 / 80 Old Broad Street, situated directly opposite Liverpool Street station.
Pricing reflected circa £6.75m. The purchaser was a Private Overseas Investor represented by Fineman Ross & Kauffmans with L&P acting for a Family Office.
Lewis & Partners have advised a private equity client on the off market aquisition of a 180,000 sq ft Supermarket on the south coast. The property is let in its entierty to Tesco Stores Ltd with approximatly ten years remaining and an RPI linked review in 2025.
Lewis & Partners acted on behalf of a private client in the off market transaction of 25 Chart Street. The office is located two minutes walk north of Old Street Station and is single let to Vodafone for a further 8 years with numerous longer term asset management / development opportunities. Pricing reflected £7.3M and 6.75% NIY.
Lewis & Partners have acted on behalf of Brydell partners on the off market acquisition of two Travelodge hotels in Edinburgh and Dagenham East, London. Both Hotels were income producing and were acquired from KFIM for a combined £17.5m.
Lewis & Partners acted for a private client in the disposal of this prime retail block, multi-let and sold to a private individual at close to the asking terms.
Acquired by the SoCo and Blue Coast Capital for future co-living development.
Lewis & Partners advised DTZ Investors on the sale of 130 City Road to a private overseas investor. The property was multi-let, with pricing reflecting circa £8m and 7.5% NIY.