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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.

5th September 2016

High Street / Retail Deals

1 Hamilton Gate, Greenock, PA15 1JW

M&M Asset Management has let 1 Hamilton Gate, Greenock to Shades Window Blinds.

The unit comprises 317 sq ft (29.44 sq m) of ground floor sales space and has been let for 3 years at a rental of £8,500 per annum.

Shades Window Blinds was represented by Sutherland Brown; M&M Asset Management was represented jointly by Eric Young & Co and Reith Lambert.

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5th September 2016

High Street / Retail Deals

Unit 7, Douglas Bridge, Galashiels, TD1 1BH

Rutterford Ltd has let Unit 7 Douglas Bridge, Galashiels to Grapevine.

The unit comprises 1,440 sq ft (133.70 sq m) of ground floor sales space with 1,107 sq ft (102.8 sq m) on the first floor and has been let for 15 years at a rental of £25,000 per annum.

Rutterford Ltd was represented by Eric Young & Co.

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29th August 2016

Shopping Centres / Retail Deals

Unit 16-18, Mercat Centre, Kirkcaldy, KY1 1NJ

LaSalle Investment Management has let Unit 16-18 Mercat Centre, Kirkcaldy to 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.

Toy Town was represented by Savills; LaSalle Investment Management was represented jointly by Eric Young & Co and Cushman & Wakefield.

Contact Alastair Rowe
29th August 2016

Shopping Centres / Retail Deals

Unit 326, The Centre, Livingston

Hines UK has let Unit 326 The Centre, Livingston to Build A Bear Workshop.

The unit comprises 2,803 sq ft (260.41 sq m) of ground floor sales space and 1,330 sq ft (123.56 sq m) on the first floor and has been let for 10 years at a rental of £85,000 per annum.

Build A Bear Workshop was represented by Bilfinger GVA; Hines UK was represented jointly by Eric Young & Co and Cushman & Wakefield.

Contact Alastair Rowe
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.

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