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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 our latest deals news from across the UK.

16th October 2019

Retail Parks / Retail Deals

Unit 2 South Harbour Retail Park, Fraserburgh AB43 9TA

Varied Portfolio Estate Company has agreed a lease extension at Unit 2 South Harbour Retail Park, Fraserburgh with Argos.

The unit comprises 9,043 sq ft (840.10 sq m) of ground floor sales space and the lease has been extended for a further 10 years at a rental of £80,000 per annum.

Argos was represented by McCaffery & Co; Varied Portfolio Estate Company was represented by Eric Young & Co.

Contact Alastair Rowe
7th October 2019

High Street / Retail Deals

13 High Street, Fort William PH33 6DH

Thistle Peat has let 13 High Street, Fort William to VP2.

The unit comprises 955 sq ft (88.72 sq m) of ground floor sales space and 814 sq ft (75.63 sq m) in the basement and has been let for 10 years at a rental of £14,500 per annum.

VP2 was represented by Nulty Cader; Thistle Peat was represented by Eric Young & Co.

Contact Alastair Rowe
7th October 2019

High Street / Retail Deals

19 High Street, Lanark ML11 7ES

Clarkston Pension Fund has let 19 High Street, Lanark to Lanark Barbers.

The unit comprises 439 sq ft (40.78 sq m) of ground floor sales space and has been let for 5 years at a rental of £10,000 per annum.

Clarkston Pension Fund was represented by Eric Young & Co.

Contact Alastair Rowe
7th October 2019

Shopping Centres / Retail Deals

Unit 24 Marches Mall, The Thistles, Stirling FK8 2EA

Aberdeen Standard Investments has agreed a lease extension at Unit 24 Marches Mall, The Thistles, Stirling with Flying Tiger.

The unit comprises 1,931 sq ft (179.40 sq m) of ground floor sales space and 725 sq ft (67.35 sq m) on the first floor. The lease has been extended for a further 6 years at a rental of £56,000 per annum.

Aberdeen Standard Investments was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
2nd September 2019

Shopping Centres / Retail Deals

76 High Street, Artizan Centre, Dumbarton G82 1PQ

Mars Real Estate Investment BV has let 76 High Street, Artizan Centre, Dumbarton to The Jewellery Workshop.

The unit comprises 542 sq ft (50.31 sq m) of ground floor sales space and 420 sq ft (39.06 sq m) on the first floor and has been let for 10 years at a rental of £12,000 per annum.

Mars Real Estate Investment BV was represented jointly by Eric Young & Co and Frank Real Estate.

Contact Alastair Rowe
26th August 2019

High Street / Retail Deals

Unit 3, 7 Hyvots, Gilmerton Dykes Street, Edinburgh EH17 8PR

Cruden Homes East Ltd has let Unit 3, 7 Hyvots, Gilmerton Dykes Street, Edinburgh to JJW Foods Ltd.

The unit comprises 832 sq ft (77.30 sq m) of ground floor sales space and has been let for 15 years at a rental of £16,500 per annum.

Cruden Homes East Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
26th August 2019

Shopping Centres / Retail Deals

Unit 3, 23 Unicorn Way, Kingdom Centre, Glenrothes KY7 5NU

Mars Pension Trustees Ltd has let Unit 3, 23 Unicorn Way, Kingdom Centre, Glenrothes to Toy Town.

The unit comprises 4,648 sq ft (431.80 sq m) of ground floor sales space, 7,227 sq ft (671.42 sq m) on the first floor and 1,292 sq ft (120.3 sq m) of additional space. It has been let for 2 years.

Mars Pension Trustees Ltd was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
26th August 2019

Shopping Centres / Retail Deals

Unit 28 Mercat Centre, Kirkcaldy KY1 1NJ

Mars Pension Trustees Ltd has agreed a lease extension at Unit 28 Mercat Centre, Kirkcaldy with Peacocks Stores Ltd.

The unit comprises 9,759 sq ft (906.64 sq m) of ground floor sales space and the lease has been extended for a further 5 years at a rental of £62,500 per annum.

Peacocks Stores Ltd was represented by Paul Robbins; Mars Pension Trustees Ltd was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
21st August 2019

Shopping Centres / Retail Deals

7 Unicorn Way, Glenrothes KY7 5NU

Mars Pension Trustees has let 7 Unicorn Way, Glenrothes to Than Van Guyen.

The unit comprises 625 sq ft (58.06 sq m) of ground floor sales space and has been let for 10 years at a rental of £13,000 per annum.

Mars Pension Trustees was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
21st August 2019

Shopping Centres / Retail Deals

Unit 16-18 Mercat Centre, Kirkcaldy KY1 1NJ

Mars Pension Trustees has agreed a lease extension at Unit 16-18 Mercat Centre, Kirkcaldy with Toy Town.

The unit comprises 3,255 sq ft (302.40 sq m) of ground floor sales space and 2,332 sq ft (216.65 sq m) on the first floor. The lease has been extended to 31/1/2020.

Mars Pension Trustees was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
21st August 2019

Shopping Centres / Retail Deals

Unit 22-24 Mercat Centre, Kirkcaldy

Mars Pension Trustees Ltd has agreed a temporary let of Unit 22-24 Mercat Centre, Kirkcaldy to Bags & Blings Ltd.

The unit comprises 3,187 sq ft (296.08 sq m) of ground floor sales space and 2,273 sq ft (211.17 sq m) on the first floor and has been let for 13 months.

Mars Pension Trustees Ltd was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
21st August 2019

Shopping Centres / Retail Deals

Unit 4 Kings Mall, The Thistles, Stirling FK8 2EA

Aberdeen Standard Investments has agreed a lease extension at Unit 4 Kings Mall, The Thistles, Stirling with Joules.

The unit comprises 1,663 sq ft (154.50 sq m) of ground floor sales space and 1,001 sq ft (93.55 sq m) in the basement. The lease has been extended for a further 3 years.

Joules was represented by Colliers International; Aberdeen Standard Investments was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
21st August 2019

Shopping Centres / Retail Deals

Unit 15 Kings Mall, The Thistles, Stirling FK8 2EA

Aberdeen Standard Investments has let Unit 15 Kings Mall, The Thistles, Stirling to Xtrazz Ltd.

The unit comprises 764 sq ft (70.98 sq m) of ground floor sales space and 627 sq ft (58.25 sq m) in the basement and has been let for 3 years at a rental of £25,000 per annum.

Aberdeen Standard Investments was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
24th July 2019

Shopping Centres / Retail Deals

Westsider Bar, Westside Plaza, Edinburgh EH14 2SW

Mars Real Estate Investments BV has agreed a lease extension at the Westsider Bar, Westside Plaza, Edinburgh with JRB Edinburgh Properties Ltd.

The unit comprises 5,600 sq ft (520.26 sq m) of ground floor sales space, 5,600 sq ft (520.26 sq m) on the first floor and and 5,600 sq ft (520.26 sq m) in the basement. The lease has been extended for a further 2 years at a rental of £28,500 per annum.

Mars Real Estate Investments BV was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
24th July 2019

High Street / Retail Deals

Unit 5, 34/34A High Street, Lanark ML11 7LF

H&V Propeties (Glasgow) Ltd has let Unit 5, 34/34A High Street, Lanark to Alfie Macera.

The unit comprises 1,791 sq ft (166.40 sq m) of ground floor sales space and 1,028 sq ft (95.50 sq m) on the first floor and has been let for 10 years at a rental of £25,000 per annum.

H&V Propeties (Glasgow) Ltd was represented jointly by Eric Young & Co and TSA Property Consultants.

Contact Alastair Rowe
24th July 2019

Shopping Centres / Retail Deals

Unit 58 The Centre, Livingston EH54 6QP

Hines UK Ltd has agreed a lease extension at Unit 58 The Centre, Livingston with Vpz.

The unit comprises 926 sq ft (86.03 sq m) of ground floor sales space and 213 sq ft (19.79 sq m) on the first floor and the lease has been extended for a further 5 years at a rental of £38,000 per annum.

Vpz was represented by Nulty Cader; Hines UK Ltd was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
17th July 2019

Shopping Centres / Retail Deals

Unit 14B Westside Plaza, Edinburgh EH14 2SW

Mars Real Estate Investments BV has agreed a lease extension on Unit 14B Westside Plaza, Edinburgh with Barnardos.

The unit comprises 960 sq ft (89.21 sq m) of ground floor sales space and the lease has been extended for a further 5 years at a rental of £12,750 per annum.

Barnardos was represented by their in house estates team; Mars Real Estate Investments BV was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
17th July 2019

High Street / Retail Deals

10 Haymarket Terrace, Edinburgh EH12 5JZ

Haymarket Property (Scotland) Ltd has let 10 Haymarket Terrace, Edinburgh to Stag Barber Co Ltd.

The unit comprises 392 sq ft (36.50 sq m) of ground floor sales space, 136 sq ft (12.63 sq m) on the upper ground 859 sq ft (79.8 sq m) in the basement. It has been let for 10 years at a rental of £17,500 per annum.

Haymarket Property (Scotland) Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
17th July 2019

High Street / Retail Deals

29/31 Deanhaugh Street, Edinburgh EH4 1LR

Glamis Investments Ltd has agreed a lease extension at 29/31 Deanhaugh Street, Edinburgh with Barnardos.

The unit comprises 667 sq ft (61.97 sq m) of ground floor sales space and 440 sq ft (40.88 sq m) in the basement and the lease has been extended for a further 10 years at a rental of £30,000 per annum.

Barnardos was represented by their in house estates team; Glamis Investments Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
17th July 2019

Shopping Centres / Retail Deals

46 High Street, Artizan Centre, Dumbarton G82 1LL

Mars Real Estate Investment BV has agreed a lease extension at 46 High Street, Artizan Centre, Dumbarton with Specsavers.

The unit comprises 1,176 sq ft (109.23 sq m) of ground floor sales space and 729 sq ft (67.70 sq m) on the first floor. The lease has been extended for a further 10 years at a rental of £18,000 per annum.

Specsavers was represented by Pritchard Property Consultants; Mars Real Estate Investment BV was represented jointly by Eric Young & Co and Frank Real Estate.

Contact Alastair Rowe
8th July 2019

Shopping Centres / Retail Deals

Unit 21 Kingsgate Centre, Dunfermline

Crosslands has let Unit 21 Kingsgate Centre, Dunfermline to Subway.

The unit comprises 1,167 sq ft (108 sq m) of ground floor sales space and has been let for 10 years at a rental of £30,000 per annum.

Subway was represented by McParlane & Co; Crosslands was represented jointly by Eric Young & Co and GCW.

Contact Tom Forster
8th July 2019

High Street / Retail Deals

7 Main Street, Callander

Eskvale Properties has sold 7 Main Street, Callander to Erindale SC Ltd for £215,000.

The unit comprises 1,656 sq ft (154.00 sq m) of ground floor sales space.

Erindale SC Ltd was represented by David Glen; Eskvale Properties was represented by Eric Young & Co.

Contact Tom Forster
17th June 2019

Shopping Centres / Retail Deals

4/6 Falkland Gate, Kingdom Shopping Centre, Glenrothes KY7 5LU

Mars Pension Trustees Ltd has agreed a lease extension at 4/6 Falkland Gate, Kingdom Shopping Centre, Glenrothes with Iceland Foods Ltd.

The unit comprises 5,484 sq ft (510.00 sq m) of ground floor sales space and the lease has been extended for a further 5 years at a rental of £75,000 per annum.

Iceland Foods Ltd was represented by Crichton Property Consultants; Mars Pension Trustees Ltd was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
10th June 2019

Business Space / Business Space Deals

25 Nicolson Square, Edinburgh

The City of Edinburgh Methodist Church has let office space at 25 Nicolson Square, Edinburgh to Past Ltd.

The office extends to 833 sq ft (77.39 sq m) in the basement and has been let for 2 years at a rental of £6,000 per annum.

The City of Edinburgh Methodist Church was represented by Eric Young & Co.

20th May 2019

Shopping Centres / Retail Deals

Penicuik Shopping Centre, Penicuik EH26 8LE

Sheet Anchor Evolve (London) Ltd has agreed a temporary let at Penicuik Shopping Centre, Penicuik to St Margaret of Scotland Hospice.

The unit comprises 6,700 sq ft (622.45 sq m) of ground floor sales space and 1,900 sq ft (176.52 sq m) in the first floor.

Sheet Anchor Evolve (London) Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
8th May 2019

High Street / Retail Deals

29/31 James Square, Crieff PH7 3EY

Eskvale Properties Ltd has sold 29/31 James Square, Crieff to Erindale SC Ltd for an undisclosed amount.

The building comprises 1,299 sq ft (120.68 sq m) of ground floor sales space, 1,109 sq ft (103.03 sq m) on the first floor, 1,071 sq ft (99.50 sq m) on the second floor and 958 sq ft (89 sq m) on the third floor.

Erindale SC Ltd was represented by Glen & Co; Eskvale Properties Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
8th May 2019

Shopping Centres / Retail Deals

Unit 18 Westside Plaza, Edinburgh EH14 2SW

Mars Real Estate Investment BV has agreed a lease extension at Unit 18 Westside Plaza, Edinburgh with William Hill.

The unit comprises 982 sq ft (91.22 sq m) of ground floor sales space and the lease has been extended for a further 5 years at a rental of £13,200 per annum.

Mars Real Estate Investment BV was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
8th May 2019

Shopping Centres / Retail Deals

Unit 25 The Centre, Livingston EH54 6QP

Hines UK Ltd has let Unit 25 The Centre, Livingston to Media Hair.

The unit comprises 417 sq ft (38.75 sq m) of ground floor sales space and 138 sq ft (12.82 sq m) on the first floor and has been let for 5 years at a rental of £20,000 per annum.

Media Hair was represented by Sutherland Brown; Hines UK Ltd was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
8th May 2019

High Street / Retail Deals

27 High Street, Peebles EH45 8AN

Eric Young & Co has let 27 High Street, Peebles to The Vape Shop on behalf of an unnamed private individual.

The unit comprises 391 sq ft (36.33 sq m) of ground floor sales space and has been let for 3 years at a rental of £10,000 per annum.

The landlord was represented by Eric Young & Co.

Contact Alastair Rowe
15th April 2019

Retail Parks / Retail Deals

Unit 2 Wishaw Retail Park, Wishaw ML2 7QJ

Sheet Anchor Investments has let Unit 2 Wishaw Retail Park, Wishaw to Designer Homes.

The unit comprises 5,000 sq ft (564.00 sq m) of ground floor sales space and 1,250 sq ft (166.00 sq m) on the mezzanine and has been let for 10 years at a rental of £50,000 per annum.

Sheet Anchor Investments was represented by Eric Young & Co.

Contact Alastair Rowe
15th April 2019

High Street / Retail Deals

24 Causeyside Street, Paisley PA1 1UN and 149 High Street, Ayr KA7 1QW

SAVA Estates has bought 2 properties from Mothercare UK at 24 Causeyside Street, Paisley and 149 High Street, Ayr for £435,000.

The building in Paisley comprises 2,394 sq ft (222.00 sq m) of ground floor sales space, with 2,294 sq ft (213.00 sq m) on the 1st floor, 2,020 sq ft (188 sq m) on the 2nd floor and 2,678 sq ft (249 sq m) on the 3rd floor.

The building in Ayr comprises 3,370 sq ft (350.00 sq m) of ground floor sales space, 3,697 sq ft (343.00 sq m) on the 1st floor and 360 sq ft (33 sq m) on the 2nd floor.

Mothercare UK was represented by Savills; SAVA Estates was represented by Eric Young & Co.

Contact Alastair Rowe
15th April 2019

Shopping Centres / Retail Deals

Unit 43 The Centre, Livingston EH54 6NB

Livingston Centre has let Unit 43 The Centre, Livingston to British Heart Foundation.

The unit comprises 7,500 sq ft (696.77 sq m) of ground floor sales space and 2,500 sq ft (232.26 sq m) on the first floor and has been let for 10 years at a rental of £95,000 per annum.

British Heart Foundation was represented by CBRE; Livingston Centre was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
15th April 2019

Shopping Centres / Retail Deals

Unit E The Mercat Centre, Kirkcaldy KY1 1NU

Mars Pension Trustees has agreed a lease extension at Unit E The Mercat Centre, Kirkcaldy with AG Retail.

The unit comprises 2,010 sq ft (186.75 sq m) of ground floor sales space and 1,495 sq ft (138.89 sq m) in the basement and the lease has been extended for a further 2 years at a rental of £30,000 per annum.

AG Retail was represented by Knight Frank; Mars Pension Trustees was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
15th April 2019

Shopping Centres / Retail Deals

2/4 Postgate, Kingdom Centre, Glenrothes KY7 5LH and 25 Unicorn Way, Kingdom Centre, Glenrothes KY7 5NU

Mars Pension Trustees has agreed two new lease extensions at Kingdom Centre, Glenrothes.

The lease at 2/4 Postgate with Baynes the Baker has been extended for a further 10 years at a rental of £20,000 per annum. The unit comprises 2,115 sq ft (196.50 sq m) of ground floor sales space.

The lease at 25 Unicorn Way with Savers Health & Beauty has been extended for a further 5 years at a rental of £32,000 per annum. The unit comprises 1,319 sq ft (122.56 sq m) of ground floor sales space and 602 sq ft (55.89 sq m) on the first floor

Baynes the Baker was represented by DM Hall; Savers Health & Beauty was represented by Culverwell; Mars Pension Trustees was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
15th April 2019

High Street / Retail Deals

124 Morningside Road, Edinburgh EH10 4BX

Thistle Peat has let 124 Morningside Road, Edinburgh to East Pizza.

The unit comprises 493 sq ft (45.80 sq m) of ground floor sales space and 582 sq ft (54.10 sq m) in the basement and has been let for 10 years at a rental of £18,000 per annum.

Thistle Peat was represented by Eric Young & Co.

Contact Alastair Rowe
15th April 2019

High Street / Retail Deals

160 Causewayside, Edinburgh EH9 1PR

Boscolo Bathrooms has renounced their lease 160 Causewayside, Edinburgh to landlord Custodian Capital.

The unit comprises 1,413 sq ft (131.27 sq m) of ground floor sales space and was let at a rental of £21,000 per annum.

Boscolo Bathrooms was represented by Eric Young & Co.

Contact Alastair Rowe