Jointly acting on the disposal of the above leasehold investment on behalf of British Land, Lewis & Partners assisted in the sale of this property to Brighton University
On behalf of LaSalle Investment Management, Lewis & Partners purchased this existing leisure investment from British Land for circa £52m. Sat on 80 acres of land, this club offers a wide range of facilities and has significant re-development potential. Let to David Lloyd on a lease expiring in 2050. The property is subject to annual reviews to RPI with a cap and collar.
Lewis & Partners advised on the acquisition of 1-5 Spurriergate, York, on behalf of a private investor, from Aviva Investors. The property was multi let but anchored by H&M, with pricing reflecting circa £7.5m and 10% NIY.
Lewis & Partners advised a private investor on the sale of Boston House in Fitzroy Square to an overseas investor. The property was single let on an over-riding lease to Arup, with pricing reflecting £24m and 5% NIY.
Lewis & Partners acted on behalf of a private investor in acquiring 114/115 Broad Street Reading from CBRE Global Investors. The property was let to EE until 2028, without break and the pricing reflected £1.55m and 13% NIY.
Lewis & Partners acted on behalf of Abrdn PLC on the off market acquisition of the Viridor Waste Recycling Centre in Crayford, from a private investor. The property was single let to Viridor PLC with 11 years unexpired. The lot size was circa £11.5m, reflecting 5.5% NIY. Crayford MRF is one of the largest and most effficient materials recycling facilities in the UK and processes a large part of the dry mixed recyclables from London and the South East.
Lewis & Partners acted on behalf of a private investor in acquiring 270-282 Upper Richmond Road, East Sheen, from CBRE Global Investors. The property was multi let, with a combination of retail & residential income and the pricing reflected £3.4m and 7% NIY.
In the heart of the historic city and a stone’s throw from the gothic Cathedral, this Travelodge was developed by Jansons Property and sold to an institutional investor, with Lewis & Partners acting for the vendor.
