Lewis & Partners

Latest Lewis & Partners sale was on "home turf" at 14 Cavendish Square, W1. Acting on behalf of the vendor jointly with Edward Charles & Partners , the asset was sold to a private investor following an extensive marketing campaign. Link to the brochure in the comments below. For further information please get in touch with myself or Jonathan Roth

Lewis & Partners are pleased to present a PBSA Investment Opportunity comprising two freehold assets in the heart of Dundee: Meadowside Court and Lyon Street Terrace. Together, they offer 195 fully refurbished bedrooms, strategically positioned near Abertay University and the University of Dundee. Both properties have undergone comprehensive refurbishments, ensuring high-quality accommodation. The properties are efficiently fully let and are anticipated to be fully let for 2025-2026. The Net Operating Income for the 2024-2025 academic year is £874,783 and is expected to grow by 5% the following year. Matthew Clarke Jonathan Roth Lewis & Partners

Lewis & Partners alongside Savills are selling a strategically located Industrial Investment in Cambridge. - Three units let to Blayson Olefines Limited across two leases, with a long WAULT of 8.5 years. - The tenant has been in occupation on the estate since 1982. - Comprising 22,174 sq ft over a total site of 1.03 acres. - Two additional units have been sold off for 999 years at a peppercorn. - Combined rental income of £131,100 per annum, breaking back to £9 per sq ft. We are instructed to seek offers in excess of £2,045,880 subject to contract and exclusive of VAT. A purchase at this level reflects an attractive net initial yield of 6.00% and a low capital value of £142 per sq ft, assuming purchaser’s costs of 6.80%. For further information, please contact Stephen Raingold and Jonathan Roth at Lewis & Partners or Jack Stacey and Olivia Davidson at Savills.  

Lewis & Partners have been instructed to market a rare, mixed-use freehold investment opportunity in Covent Garden, Central London. Prime landmark site of 0.66 acres (0.267 hectares). Currently producing a rental income of £1,439,851 per annum. Approximately 60% of income derived from offices and 40% from retail/leisure. For further information please contact Ben Lewis or Jonathan Roth benlewis@lewisandpartners.com Jonathanroth@lewisandpartners.com

Lewis & Partners recently advised a Private Family Office on the sale of Genesis House, an office building in St Pauls, EC1 to Travelodge Hotels Limited for conversion to future hotel use. Further information within the comments below

Lewis & Partners are pleased to have acted on the off market acquisition of two Travelodge hotels in Edinburgh and Dagenham East, London. Both Hotels were income producing and were acquired for a combined £17.5m.

Lewis & Partners are launching the sale of this Unique Freehold asset on Cavendish Square, W1 jointly with Edward Charles & Partners. The property, which was built in 1770, will be sold with full vacant possession and offers the opportunity for numerous uses. Please get in touch with myself or my colleague Jonathan Roth with any enquires.

NEW SALE: Multi-Let Industrial Investment Opportunity ◾Highly reversionary industrial investment opportunity in Goole, DN14 ◾Total site area extends to 5.38 acres, providing a total of 79,827 sq ft of industrial accommodation ◾Extensive asset management opportunities through letting of vacant units and various lease events ◾Long term potential for redevelopment of the site, subject to planning ◾Freehold We are instructed to seek offers of £5,250,000 (Five Million Two Hundred and Fifty Thousand Pounds), which reflects a Net Initial Yield of 6.76% (and a Reversionary Yield of 10.10%), assuming purchaser’s costs of 6.5%. For more details, please contact Stephen Raingold or Jonathan Roth at Lewis & Partners, or our joint agents PPH Commercial.

NEW SALE: Multi-Let Industrial Investment with Redevelopment Potential ◾ Well-connected property, directly adjacent to the A1(M) ◾ Site area of approximately 7 acres ◾ WAULT of 5.34 years to lease expiry and 4.04 years to break ◾ Total passing rent of £377,500 per annum, reflecting a low base rent and future prospects for rental growth ◾ Long term potential for redevelopment of the site, subject to planning ◾ Freehold We are instructed to seek offers of £5,000,000 (Five Million Pounds), which reflects a Net Initial Yield of 7.08% (and a Reversionary Yield of 8.91%) and a low Capital Value of £60 per sq ft, assuming purchaser’s costs of 6.59%. For more details, please contact Stephen Raingold or Jonathan Roth at Lewis & Partners, or joint agent Daniel Capobasso at Delta Capital Property Investment.

UNIQUE W1 FREEHOLD SALE COMING SOON   - Cavendish Square, London W1 - 8,333 sq ft NIA - To be sold with Vacant Possession  - Potential uses to include office, residential, medical or members club   For further information get in touch with myself or Jonathan Roth Lewis & Partners or speak with our joint agent Mark Phillips at Edward Charles & Partners