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Another new opening this week at Multrees Walk, Edinburgh’s luxury shopping destination. Welcome to Michael Kors who opened their relocated and extended store this week. Looks fantastic!
Contact Ian Whelan at EYCO or our joint agent Peter Mace if you have any luxury requirements for Edinburgh. A pleasure dealing with Michela Bortignon on this transaction.
An eagerly awaited visit to Stockbridge this morning to see the new M&S Food open! There was a buzz in the air and it doesn’t disappoint with an impressive and high-quality shop-fit.
Congratulations to our client The Explorer Group on a fantastic store – which we acquired on their behalf.
Big thanks to Hamish Rankin (currently on holiday sunning himself!) and their solicitor Jennifer Laurie for their perseverance to push it over the line, together with the wider project team including Nicky Chow and Craig Eadie.
Thanks also to Andy Bain who acted on behalf of the landlord.
We remain on the hunt for new stores in Scottish cities. If you have any opportunities which you think may be of interest please get in touch with Callum Keane at EYCO on 07714 569 190 or email ckeane@eyco.co.uk.
Thank you to The Renaissance Club for putting on a brilliant golf tournament and thank you to all clients of EYCO that attended and made it an excellent day out!
Yet another new brand for the scheme, trading alongside Zara and Next and close to the new Primark which will be opening later this year.
A pleasure dealing with Gary Robinson at Next in negotiations.
We are extremely proud of our very own Amy Matteo for graduating from Edinburgh Napier University with nothing other than a First Class Honours degree in Real Estate Surveying ?
Hard work truly pays off and the recognition is very well deserved.
Congratulations Amy! ?
EYCO are pleased to announce a new high-profile letting to Lane7, the UK’s largest independent boutique bowling and gaming operator, at The Gate Leisure Complex in Newcastle. The new 24,000 sq ft entertainment venue will be their second site in the city centre. Extra special as it is in their home city.
This latest addition to the retail, leisure and dining offer at The Gate comes off the back of various other positive leasing initiatives.
Big shout out to Will Biggart at Torridon for helping to make this deal happen, acting on behalf of the tenant.
To find out more about our availability, contact Simon Bashford or Eric Lindgren.
Our investment team were delighted to assist CBRE Investment Management in the investment disposal of 38 Fitzroy Street, Cambridge.
The asset is securely let to Superdrug and sits in a key location opposite the Grafton Centre which recently received planning to be substantially redeveloped.
Sam Waterworth of Knight Frank acted on behalf of the purchaser whilst DLA Piper assisted our client on the legals.
For more information on the transaction, contact Patrick Over.
The EYCO team had a great day out walking part of the John Muir Way in aid of Maggie’s Centres on 7 June.
A huge thank you to everyone who sponsored us.
It’s not too late to help us reach our target! ?
https://www.justgiving.com/page/eyco
On 7 June 2024 the EYCO team are walking part of the John Muir Way – a 15 mile trek from Dunbar to North Berwick – in aid of Maggie’s Centres.
We’re very grateful for any support you can give!
https://lnkd.in/g82xtTrA
Thank you!
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• Prime location in the “Outdoor Capital of the UK” Fort William, a popular tourist location in the West Highlands of Scotland
• ????? ?????? ???? ?????? secured against the undoubted financial covenant of ????? ?????? ??????? until ??/??/????
• Tesco relocated to the subject property in 2023, right sizing their store for long term occupation
• The Original Factory Store (TOFS) have recently committed to a new lease of the adjoining unit which extends to approx. 11,000 sq ft
• Ground floor unit extending to 4,068 sq ft with dedicated service yard to the rear
• Passing rent of £??,??? ??? ????? with the next ??? ?????? ???? ?????? due 23/01/2028
• Offers over £?,???,??? reflecting a ??? ??????? ????? of ?.??%, assuming standard purchaser’s costs
For further information, contact Gregor Martin or Ali Rowe.
On behalf of NewRiver REIT plc, EYCO are delighted to launch the sale of Burns Mall, Kilmarnock.
• Kilmarnock is the largest town in East Ayrshire and serves as the administrative centre for the East Ayrshire Council.
• Burns Mall is the dominant retail offer in Kilmarnock.
• Large inward investment from East Ayrshire Council utilising £20m from UK Government’s Levelling Up Fund with exciting projects identified.
• The centre comprises approximately 179,804 sqft (16,704 m²) of retail accommodation.
• Anchored by JD Sports, Home Bargains and New Look with a number of popular national multiples present including Greggs, Boots, Shoe Zone, 3 Store, CEX and Farmfoods.
• Long leasehold (circa 80.5 years unexpired)
• WAULT of 1.92 years to expiry
• Current gross income of £877,914 pax (including turnover rents).
• Affordable annual rents
• Various asset management opportunities to improve the NOI.
We are instructed to seek offers in excess of £2,850,000 reflecting an attractive net initial yield of 15% and low capital value of £15.85 psf.
For more information contact Patrick Over, Gregor Martin, Duart Keith and Ruari Hobkirk.
We are delighted to have acted on behalf of The LCP Group to bring Rituals to The Centre, Livingston.
With its prominent location and beautiful shop fit the brand is a welcome addition to the evolving retail line up here in Livingston. Thanks to Mark Brennan who acted on behalf of Rituals.
For information on more opportunities within The Centre please get in touch with the EYCO team Ali Rowe and Alexandra Campbell or our joint agent Savills Global Retail and Leisure.
