On behalf of a private client, Lewis & Partners jointly sold this prime, multi-let industrial unit in Cambridge, to a private investor, at a price of circa £2m.
Lewis & Partners, acted on behalf of a private client, on the purchase of a single let, DPD industrial unit, on a long lease, in Oldham, for circa £15m.
Lewis & Partners jointly advised on the sale of a multi let, industrial unit in Hinckley, in the heart of the Golden Triangle, sold to a local charity in excess of £5m.
The property comprised of two industrial warehouses, let to two tenants with a low average rent of £6.45psf.
Following an extensive marketing campaign, Lewis & Partners recently concluded the sale of units 18-39 Sedling Road, Wear Industrial Estate, Washington Tyne & Wear, a multi-let industrial investment.
Pricing reflected circa £3m and the purchaser was a private investor.
Lewis & Partners advised a private property company on the acquisition of Heron Industrial Estate in Reading, from Threadneedle Pension Fund. The property was multi let, with pricing reflecting circa £6M and 8% NIY.
Lewis & Partners advised a private investor on the disposal of a Selco trade counter investment to an institutional purchaser. The property was newly built and provided a brand new 15 year lease to Selco. The acheived price was £5M, reflecting a net initial yield of 6%.
Lewis & Partners advised a private investor on the sale of Leyton Industrial Open Storage site, in London E10. The property was acquired by a private equity backed vehicle. The 8 acre site was sold with effective vacant possession with pricing reflecting circa £48M.
Lewis & Partners acted on behalf of Indurent on the acquisition of Newburn Industrial Estate from Aegon Asset Management. The property was multi let to numerous industrial tenants and the pricing reflected £9M and 8.5% NIY.