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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.

24th August 2016

High Street / Retail Deals

85-87 High Street, Ayr

Arrowcroft has let 85-87 High Street, Ayr to Greggs.

The unit comprises 1,848 sq ft (172.00 sq m) of ground floor sales space and has been let for 15 years at a rental of £30,000 per annum.

Greggs was represented by Savills; Arrowcroft was represented jointly by Eric Young & Co and Mason Owen.

Contact Tom Forster
17th August 2016

High Street / Retail Deals

8 St Peters Buildings, Gilmore Place, Edinburgh

Reeder Ness Property has sold 8 St Peters Buildings, Gilmore Place, Edinburgh to Lochay Residential Properties Ltd for £140,000 representing a net initial yield of 8%.

The unit comprises 534 sq ft (49.61 sq m) on the ground floor and 320 sq ft (29.73 sq m) in the basement. It is let on a 5 year FRI lease to Connor Murphy, trading as Murphy’s Vault with a mutual break at the end of year 3. The current rental is £11,400 per annum and there is an agreed uplift to £12,600 from year 4.

Lochay Residential Properties Ltd was represented by FT Linden; Reeder Ness Property was represented by Eric Young & Co.

Contact Alastair Rowe
17th August 2016

High Street / Retail Deals

8 St Stephen Street, Edinburgh, EH3 5AL

Amazing Eataly has taken a new lease at 8 St Stephen Street, Edinburgh from an unnamed private client.

The unit comprises 200 sq ft (18.58 sq m) of ground floor sales space and has been let for 5 years at a rental of £7,000 per annum.

The landlord was represented by Edinburgh Commercial Property; Amazing Eataly was represented by Eric Young & Co.

Contact Alastair Rowe
27th July 2016

Shopping Centres / Retail Deals

Unit 12/14, Mercat Centre, Kirkcaldy, KY1 1NJ

LaSalle Investment Management has let Unit 12/14 Mercat Centre, Kirkcaldy to Greggs.

The unit comprises 1,734 sq ft (161.28 sq m) of ground floor sales space and has been let for 15 years at a rental of £60,000 per annum.

Greggs was represented by Mason Owen; LaSalle Investment Management was represented jointly by Eric Young & Co and Cushman & Wakefield.

Contact Alastair Rowe
24th July 2016

High Street / Retail Deals

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

Leto Ltd has agreed a lease extension with Unit 5, 34/34A High Street, Lanark with Scotmid Co-op.

The unit comprises 1,791 sq ft (166.40 sq m) of ground floor sales space and 1,028 sq ft (95.51 sq m) on the first floor and has been let for 5 years at a rental of £25,000 per annum.

Leto Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
13th July 2016

High Street / Retail Deals

10 High Street, Leven, KY8 4LZ

Eric Young & Co has extended the lease at 10 High Street, Leven to Cheque Centre on behalf of a private individual.

The unit comprises 813 sq ft (75.56 sq m) of ground floor sales space and the lease has been extended for 3 years at a rental of £9,000 per annum.

Cheque Centre was represented by Whitelaw Baikie Figes; private individual was represented by Eric Young & Co

Contact Alastair Rowe
13th July 2016

High Street / Retail Deals

77 Lothian Road, Edinburgh, EH3 9AN

Thistle Peat Ltd has let 77 Lothian Road, Edinburgh to Therapie Edinburgh Ltd.

The unit comprises 685 sq ft (63.36 sq m) of ground floor sales space and 570 sq ft (52.93 sq m) in the basement and has been let for 10 years at a rental of £32,500 per annum.

Therapie Edinburgh Ltd was represented by CBRE; Thistle Peat Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
13th July 2016

High Street / Retail Deals

39 Roseburn Terrace, Edinburgh, EH12 5NQ

Thistle Peat Ltd has sold 39 Roseburn Terrace, Edinburgh to Phinda Ltd for £75,000.

The unit comprises 332 sq ft (22.00 sq m) of ground floor sales space and 237 sq ft (29 sq m) in the basement.

Thistle Peat Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
13th July 2016

High Street / Retail Deals

18 Haymarket Terrace, Edinburgh, EH12 5JZ

Eric Young & Co has let 18 Haymarket Terrace, Edinburgh to Mayburys Cards on behalf of a private individual.

The unit comprises 881 sq ft (81.84 sq m) of ground floor sales space and has been let for 10 years at a rental of £17,500 per annum.

The landlord was represented by Eric Young & Co.

Contact Alastair Rowe
13th July 2016

High Street / Retail Deals

6 Hamilton Place, Edinburgh, EH3 5AU

Melville & Young has assigned its lease at 6 Hamilton Place, Edinburgh to The Vapour Lounge.

The unit comprises 438 sq ft (40.69 sq m) of ground floor sales space and 340 sq ft (31.59 sq m) in the basement and has been let for 10 years at a rental of £18,750 per annum.

Melville & Young was represented by Eric Young & Co.

Contact Alastair Rowe
13th July 2016

High Street / Business Space Deals

Third Floor, Playfair House, Broughton Street Lane, Edinburgh

London & Oriental has let the third floor at Playfair House, Broughton Street Lane, Edinburgh to Social Investment Scotland.

The office suite extends to 3,007 sq ft (279.36 sq m) on the third floor and has been let for 5 years at a rental of £14.50 per annum.

London & Oriental was represented by Eric Young & Co.

Contact
15th June 2016

High Street / Retail Deals

70 Haymarket Terrace, Edinburgh

Eric Young & Co has let 70 Haymarket Terrace, Edinburgh to McTatties on behalf of a retained client.

The unit comprises 531 sq ft (49.33 sq m) of ground floor sales space with 279 sq ft (25.9 sq m) of basement storage and has been let for 10 years at a rental of £18,000 per annum.

The landlord was represented by Eric Young & Co.

Contact Simon Bashford