April 2023
The Crown Estate sign three new occupiers
The Crown Estate have completed three new lettings to Greggs, Tui & Claires at Banbury Gateway Shopping Park. The three occupiers join The Works who opened on the scheme back in 2021. Greggs and Claires signed up to new 10 year leases, whilst Tui agreed a new 5 year lease.
ESH acted for The Crown Estate alongside joint agent Avison Young.
April 2023
Pure Gym HIIT two more openings in Heanor & Yate
Pure Gym, advised by ESH have opened two further gyms in Yate & Heanor.
The leading discount gym operator has taken 11,400 sq ft over ground and first floor at Riverside Retail Park & Leisure Park in Yate. Ellandi are the Landlord. Pure Gym has also taken 6,700 sq ft over ground and mezz at Heanor Retail Park, Heanor. CBREIM are the Landlord.
March 2023
Lidl disposes of solus Chichester asset
ESH are pleased to have acted on behalf of Lidl on the disposal of The Gym in Chichester to a private investor for £2,300,000.
The property consists of 13,279 sq ft of accommodation let to The Gym at £12.05 psf, expiring in August 2035.
March 2023
ESH represents Fund on the sale of solus discount retail investment
An Abrdn managed Fund, represented by ESH, have disposed of The Range in Monks Cross, York at a price of £7,615,000.
A former foodstore comprising approximately 65,666 sq ft, it’s now let to The Range who extended the building in 2006 to approximately 82,948 sq ft. The Range recently regeared to provide a lease expiry in 2035.
January 2023
ESH advises on purchase of fully let south east park
ESH are delighted to have acted for an institutional investor on the acquisition of Churchill Retail Park in Andover. The vendor was represented by Montagu Evans.
The park is located in a prime retail warehouse position off Enham Arch roundabout. The scheme consists of 32,987 sq ft which is fully occupied by Currys, TK Maxx and Carpetright at an average passing rent of £16.60 per sq ft.
January 2023
Flurry of activity at Parkgate Shopping
ESH are proud to have helped deliver a flurry of deals on Parkgate Shopping, Rotherham for our client Tim Cornford @ Ellandi in the last few weeks, welcoming new names over the coming months including Frasers/Flannels, Wren Kitchens, Popeyes and a relocated, upsized Poundland. This along with lease regears completed with TK Maxx, Superdrug, Matalan and Wilko.
2023 is also looking to be nice and busy!
Thanks also to our joint agents Simon Cole & Richard Padley @ Smith Young.
