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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 some of our latest deals news from across the UK.

18th December 2019

High Street / Retail Deals

107-109 Leith Walk, Edinburgh EH7 5HN

On behalf of a private pension fund Eric Young & Co has agreed a lease extension at 107-109 Leith Walk, Edinburgh with Salvation Army.

The unit comprises 1,362 sq ft (126.57 sq m) of ground floor sales space and the lease has been extended for a further 10 years at a rental of £16,500 per annum.

Salvation Army was represented by Philip Wragg; the landlord was represented by Eric Young & Co.

Contact Alastair Rowe
18th December 2019

Shopping Centres / Retail Deals

Unit 14 Douglas Bridge, Galashiels TD1 1BN

On behalf of an unnamed private individual Eric Young & Co has agreed a lease extension at Unit 14 Douglas Bridge, Galashiels with Tui UK Retail.

The unit comprises 1,016 sq ft (93.48 sq m) of ground floor sales space and 1,015 sq ft (94.30 sq m) on the first floor. The lease has been extended for a further 5 years at a rental of £19,000 per annum.

Tui UK Retail was represented by Colliers International; the landlord was represented by Eric Young & Co.

Contact Alastair Rowe
18th December 2019

Shopping Centres / Retail Deals

Unit 29 Lyon Way, Kingdom Shopping Centre, Glenrothes KY7 5NN

Mars Pension Trustees has agreed a lease extension at Unit 29 Lyon Way, Kingdom Shopping Centre, Glenrothes with Vodafone.

The unit comprises 1,182 sq ft (109.81 sq m) of ground floor sales space and the lease has been extended for a further 5 years at a rental of £28,000 per annum.

Vodafone was represented by Cushman & Wakefield; Mars Pension Trustees was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
18th December 2019

Shopping Centres / Retail Deals

Unit 24 Unicorn Way, Kingdom Shopping Centre, Glenrothes KY7 5NU

Mars Pension Trustees has agreed a lease extension at Unit 24 Unicorn Way, Kingdom Shopping Centre, Glenrothes with Claire’s Accessories.

The unit comprises 556 sq ft (51.65 sq m) of ground floor sales space and the lease has been extended for a further 3 years at a rental of £17,000 per annum.

Claire’s Accessories was represented by an in house estate department; Mars Pension Trustees was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
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