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Latest News

As retail and business space specialists, we are one of the most active and progressive firms of Scottish based Chartered Surveyors and property consultants. This section brings you some of our latest deals news from across the UK.

25th July 2024

Shopping Centres / Retail Deals

Welcome to Michael Kors

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.

Contact Ian Whelan
25th July 2024

High Street / Retail Deals

M&S opens in Stockbridge

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.

Contact Callum Keane
25th July 2024

General / Other News

Genesis Scottish Open

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!

Contact Ian Whelan
11th July 2024

Retail Parks / Retail Deals

Victoria’s Secret & Co. arriving at Glasgow Fort soon!

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.

Contact Ian Whelan
27th June 2024

General / Other News

Amy is First Class!

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! ?

Contact Amy Matteo
20th June 2024

Restaurant & Leisure / Retail Deals

New letting at The Gate, Newcastle to Lane7

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.

Contact Simon Bashford
11th June 2024

Investment / Other News

Investment disposal of 38 Fitzroy Street, Cambridge

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.

Contact Patrick Over
11th June 2024

General / Other News

Walking the Walk

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

30th May 2024

General / Other News

Walking the John Muir Way for Maggies

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!

23rd May 2024

Investment / Other News

Prime Convenience Store Investment Opportunity

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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.

Contact Gregor Martin
23rd May 2024

Investment / Other News

Dominant, Community Shopping Centre Investment Opportunity

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.

Contact Patrick Over
23rd May 2024

Shopping Centres / Retail Deals

New opening alert – The Centre, Livingston

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.

Contact Alexandra Campbell
23rd May 2024

Development / Retail Deals

New Starbucks Drive-thru in Wolverhampton

A visit to Wolverhampton today for Georgia Croucher and I to see the new Starbucks Drive-thru store which has recently opened at Bentley Bridge Retail Park.

It was particularly pleasing to see this new site up and trading as, on this occasion, Starbucks undertook the build on behalf of the landlord, Aviva. The new drive-thru looks great, especially coupled with the standard Starbucks high calibre fit-out.

We also took the opportunity to meet with Lloyd James MRICS, the asset manager for the scheme, and Russell Homer MRICS, who acted on behalf of the landlord, and experienced the fruits of our labour! ☕ Thanks to Stuart Gall who led the acquisition from Starbucks perspective, but is currently sunning himself on holiday! ?, as well as the full project team including Robin Golder and David Wilson.

Contact Kevin Hughes
9th May 2024

General / Other News

EYCO expands Equity Partnership

? EYCO expands Equity Partnership with the promotion of Ali Rowe & Patrick Over. ?

Ian Whelan, managing partner at EYCO, said: “We’re delighted to welcome Ali and Paddy to the equity partnership. Both are young and dynamic individuals and will help to drive the business forward in years to come.”

 

 

Contact Ian Whelan
22nd April 2024

High Street / Retail Deals

New letting to Earls Burger Co

Acting on behalf of a private client EYCO let 124 Morningside Road, Edinburgh to Earls Burger Co. This follows up their original and popular Stockbridge location. I recommend a visit for your Earls fix.

The team have been very active in the Morningside/Bruntsfield area so get in touch to discuss any requirements. More good deal news to follow soon…

Contact Callum Keane
17th April 2024

Retail Parks / Other News

New brochure for Kingsway West RP

Our new brochure and video for Realty Income Corporation owned Kingsway West Retail Park, Dundee has now landed. One of Scotland’s premier destinations for furniture and homeware shopping. Opportunities are available for 10,000 – 12,000 sq ft units with bulky goods consent.

Speak to George Haworth from Curson Sowerby Partners LLP or Ian Whelan at EYCO if you’d like further information.

Contact Ian Whelan
12th March 2024

Shopping Centres / Retail Deals

Gucci to open at Multrees Walk

Great to see the Gucci branding appearing at Multrees Walk, Edinburgh this week. Alongside the expanded Louis Vuitton store, the extended Burberry lease and new stores for Mulberry England, TAG Heuer and Michael Kors, Gucci will further cement Multrees Walk’s position as the premier luxury shopping location outside London.

Contact Ian Whelan or joint agent Peter Mace (Cushman & Wakefield) for information on other luxury retail opportunities on the Street.

Contact Ian Whelan
4th March 2024

General / Other News

The Meadows Marathon

EYCO were pleased to sponsor and support The Meadows Marathon in Edinburgh on Sunday 3rd March.

Providing races from 5K to full Marathon, this event has been raising money for worthwhile causes since its inception in 2007.

Congrats to team members Ali Rowe and Callum Keane, who laced up their shoes to run the half-marathon ?‍♂️?.

Contact Alastair Rowe
4th March 2024

Business Space / Other News

Stamp Office Launch

Great turn out last week at the Stamp Office launch where we have 7,200 sq ft to let on the 7th floor, available now, and another 6,900 sq ft available soon which we may split and provide suites from 3,300 sq ft.

The refurbished common areas together with new facilities including the peloton bike studio, showers and bike racks have transformed this building.

For further information contact the joint letting agents: Neil McConnachie or Neil Gordon at EYCO, or Simon Capaldi, Toby Withall or Erin Beaton at Knight Frank.

Contact Neil McConnachie
4th March 2024

Investment / Other News

Sale Completed

We recently advised a Private Landlord in the successful off-market sale of 6 Lands Lane & 27 Albion Street, Leeds.

The property occupies a prominent corner location in the centre of Leeds and provided our client with a strong income return over the years of ownership. We have no doubt the asset will continue to be a solid investment for the new owners who were adeptly advised by Joe Baio and Ian Webster at Forge.

For more information on the transaction, or for assistance on any of your investment requirements, contact Patrick Over, Duart Keith or Gregor Martin.

Contact Patrick Over