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August 2022

Burger King set to open Whopper in Sutton Coldfield

ESH, acting on behalf of abrdn, have completed a new letting to Burger King on the former Gourmet 4 unit at Princess Alice Retail Park. The lease was concluded in a timely fashion for a term of 20 years and achieving a rent in excess of that of the previous tenant.

 

 

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August 2022

AEW agree lease extension with Magnet

AEW have agreed a new 10 year reversionary lease with Magnet on their existing store on Portrack Lane, Stockton on tees where the existing lease expires 23.06.2024.

ESH advised AEW.

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July 2022

ESH gain Retail Park instruction from Lothbury Investment Management

Edgerley Simpson Howe are thrilled to have been appointed by Lothbury Investment Management as joint agents on Southampton Road Retail Park, Salisbury alongside Morgan Williams.

The Retail Park comprising approx. 130,000 sq ft of purpose built accommodation forms the largest multi-let retail warehouse scheme in the town and is let to occupiers including B&M, The Range, Next, DFS, Curry’s, Tapi, Oak Furniture Land & Argos. ESH will be principally responsible for advising on the existing approx. 12,500 sq ft leasing opportunity currently let to Argos as the tenant will be relocating at lease expiry to a nearby Sainsbury’s.

For further information on the opportunities available across the Park please contact Adam Patrick/ Henry Phipps.

 

 

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July 2022

ESH gain Retail Park instruction from Surrey County Council

Edgerley Simpson Howe are thrilled to have been appointed by Surrey County Council (Halsey Garton Property Investments) as sole agent on Willowbrook Retail Park, Loughborough.

The Retail Park at over 100,000 sq ft of purpose built accommodation forms the largest multi-let retail warehouse scheme in the town and is let to occupiers including B&M, The Range, Pets at Home, Halfords, Dreams & Bensons for Beds. ESH will be responsible for delivering the Council’s medium/ longer term asset management initiatives across the scheme as well as advising on existing leasing opportunities such as the c.6,150 sq ft retail warehouse and the solus 3,700 sq ft restaurant unit.

For further information on the opportunities available across the Park please contact Tim Hornor/ Giles Pickford.

 

 

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July 2022

Ellandi continues progressive asset management in Rotherham

Advised by ESH, Ellandi have continued to deliver on a progressive asset management strategy with a number of retailers committing to the scheme longer term. In just over 12 months since taking control of one of the UK’s principle Shopping Parks – Parkgate Shopping Park, Rotherham – Ellandi have completed lease extensions/ renewals with tenants including Matalan, New Look, TK Maxx, H&M, Pets at Home, German Doner Kebab and Cancer Research with further renewals currently under offer along with new leasing transactions, which will add to the already diverse tenant mix.

For further information on the opportunities available across the Park please contact Adam Patrick/ Chris Fenton.

 

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July 2022

Mayfair Capital dispose of Welsh retail park

Mayfair Capital’s Property Income Trust for Charities (PITCH), represented by ESH, have disposed of Border Retail Park in Wrexham for a sale price of £10,500,000 to Waypoint Essential Stores Limited Partnership (WESLP). This price reflected a NIY of 6.89%. Mason & Partners acted for the purchaser.

The asset consists of 64,800 sq ft purpose-built retail warehouse units let to B&M, Wickes and Jollyes and a Burger Drive Thru on a current passing rent of £777,815 per annum. The scheme has a WAULT of 6.73 years to expiry and 6.10 years to break.

 

January 2024

ESH represents Columbia Threadneedle on the purchase of Parkgate Shopping Park

Columbia Threadneedle Investments, represented by ESH, have purchased the dominant Parkgate Shoppi...

January 2024

ESH represents Fund on sale of south-east foodstore investment

Savills IM, represented by ESH, have disposed of the Waitrose in Kings Hill, Kent to a private ove...

December 2023

ESH advises on the sale of south-east retail park

ESH, on behalf of a client, has disposed of Hampden Park in Eastbourne to a private investor. The ...