Atlantic Row 2013 would like to introduce their latest Gold Level Sponsor – Edgerley Simpson Howe.

Atlantic Row 2013 would like to introduce their latest Gold Level Sponsor – Edgerley Simpson Howe.

Edgerley Simpson Howe is a commercial property advisor specialising in the out of town retail warehouse sector. With offices based in Central London and Cobham, Surrey, they provide advice to clients focusing on out of town retail parks, leisure parks, mixed use schemes and foodstores.

The team of chartered surveyors provide investment advice for both purchases and sales, leasing and disposals, rent reviews and property management.

Edgerley Simpson Howe is a niche firm who pride themselves on giving clients sound, quality advice. Nick Howe of ESH said:

‘ESH are extremely proud to be supporting our colleague Dan Howie and his rowing partner Will North in their aim to row 3,000 miles across the Atlantic later this year. They have both put in a considerable amount of hard work and I am sure their crossing will be a great success’

Edgerley Simpson Howe’s agency team was out in force at the recent Completely Retail Marketplace event held in old Spitalfields Market on the city fringe.

Edgerley Simpson Howe’s agency team was out in force at the recent Completely Retail Marketplace event held in old Spitalfields Market on the city fringe.

With over 1,000 attendees, some 400 of them retailers, CRM was also the perfect platform from which to launch the company’s new brand identity.

Led by Nick Howe, the team of Tim Hornor, Adam Patrick, Andy Comber, Dan Howie and Lauren Chew held over 50 meetings with landlords, other agents and occupiers crunching potential deals in the out of town market.

This is the second year that ESH has supported CRM and Nick Howe comments: “CRM gathers all the main movers and shakers in a cost effective, no frills, one day leasing fair.

“As well as agreeing some important new leasing deals, we received very positive feedback from delegates on our new branding.”

Lothbury Investment Management, acting on behalf of Lothbury Property Trust, has disposed of the freehold interest in the McDonalds and Pets at Home units on Bath Road, Brislington to Aberdeen Asset Management for £5.03 million reflecting an initial yield of 7.11%.

The property is located opposite the Brislington Retail Park, which is owned by another of Aberdeen’s funds, and is let to McDonalds for a further 14.5 years and to Pets at Home for a further 9.5 years.

The sale to Aberdeen was a strategic decision by Lothbury as the asset was no longer a core holding for the Lothbury Property Trust. Lothbury had recently completed a lease re-gear on the Pets at Home unit, extending the term by five years, which increased the asset’s liquidity.

Edgerley Simpson Howe acted for Lothbury Investment Management and HP Four acted for Aberdeen Asset Management.

Scottish Widows Investment Partnership have sold Trafford Retail Park in Redditch to Cordea Savills for £14.4 million.

Scottish Widows Investment Partnership have sold Trafford Retail Park in Redditch to Cordea Savills for £14.4 million. The price reflects a net initial yield of 6.74%.

The park comprises 61,050 sq ft of fully Open A1 accommodation let to Aldi, Pets at Home, Iceland, Poundstretcher, Home Bargains and KFC. The rental tone ranges from £15.50 to £17.33 per sq ft. An Agreement for Lease has been signed with Maplin to occupy a unit on the scheme.

Scottish Widows were advised by ESH and Jackson Criss. Cordea Savills were advised by BC Commercial.

Edgerley Simpson Howe have let a 16,000 sq ft unit on North Circular Road to Al Murad DIY. The unit was taken on a 15 year lease at £75,000 pa.

Standard Life Assurance Limited, advised by Edgerley Simpson Howe, have let a 7,068 sq ft unit at Princess Alice Retail Park in Sutton Coldfield.

Standard Life Assurance Limited, advised by Edgerley Simpson Howe, have let a 7,068 sq ft unit at Princess Alice Retail Park in Sutton Coldfield to 99p Stores.

99p Stores have taken a 10 year FRI lease at a rent of £225,000 pa.