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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.

12th February 2019

Shopping Centres / Retail Deals

Unit 3A Douglas Bridge, Galashiels TD1 1BH

Eric Young & Co has agreed a lease extension at Unit 3A Douglas Bridge, Galashiels with Specsavers on behalf of an unnamed private client.

The unit comprises 1,922 sq ft (178.56 sq m) of ground floor sales space and 1,374 sq ft (127.65 sq m) on the first floor. The lease has been extended for a further 10 years at a rental of £26,000 per annum.

Specsavers was represented by Pritchard Property Consultants; the landlord was represented by Eric Young & Co.

Contact Alastair Rowe
12th February 2019

Shopping Centres / Retail Deals

Unit 4 The Henge, Glenrothes

Indigo Sun has taken a new lease at Unit 4 The Henge, Glenrothes from Atmore Ltd.

The unit comprises 1,862 sq ft (172.98 sq m) of ground floor sales space and has been let for 15 years at an undisclosed rental.

Atmore Ltd was represented by Crichton Property Consultancy; Indigo Sun was represented by Eric Young & Co.

Contact Eric Lindgren
28th January 2019

High Street / Retail Deals

61 High Street, Dumbarton G82 1LS

Sava Estates Ltd has bought 61 High Street, Dumbarton from unnamed private individual for £162,000.

The unit comprises 1,806 sq ft (167.78 sq m) of ground floor sales space.

The seller was represented by Sheridan Property Consultants; Sava Estates Ltd was represented by Eric Young & Co.

Contact Alastair Rowe
28th January 2019

High Street / Retail Deals

51/53 Murraygate, Dundee DD1 2EA

Rutterford has bought 51/53 Murraygate, Dundee at auction from Aberdeen Standard Investments.

The units are let as follows:
• Specsavers are on a 10 year lease from 28/8/2017 at an annual rental of £75,000
• Game have a short term extension to 10/7/2019 on a rental of £62,000 pa.

Aberdeen Standard Investments was represented by Allsop Auction; Rutterford was represented by Eric Young & Co.

Contact Alastair Rowe
28th January 2019

High Street / Retail Deals

10 West Maitland Street, Edinburgh EH12 5DS

Eric Young & Co has let 10 West Maitland Street, Edinburgh to 4 Inches Italian Pizza Project on behalf of an unnamed private individual.

The unit comprises 565 sq ft (52.50 sq m) of ground floor sales space and 618 sq ft (57.40 sq m) in the basement and has been let for 10 years at a rental of £18,000 per annum.

The landlord was represented by Eric Young & Co.

Contact Alastair Rowe
28th January 2019

Shopping Centres / Retail Deals

Unit 22 Westside Plaza, Edinburgh EH14 2SW

Mars Pension Trustees has let Unit 22 Westside Plaza, Edinburgh to Kamila Sarocka.

The unit comprises 598 sq ft (55.56 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 HSA Retail.

Contact Alastair Rowe
28th January 2019

Shopping Centres / Retail Deals

Unit 86 The Centre, Livingston EH54 6HR

Hines Asset Management has agreed a lease extension with Accessorize on Unit 86 The Centre, Livingston.

The unit comprises 1,190 sq ft (110.55 sq m) of ground floor sales space and the lease has been extended for a further 2 years.

Accessorize was represented by Doug Galbraith; Hines Asset Management was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
28th January 2019

Shopping Centres / Retail Deals

Unit 31 Marches Mall, Stirling FK8 2EA

Aberdeen Standard Investments has let Unit 31 Marches Mall, Stirling to Kast Retail t/a Quiz.

The unit comprises 2,096 sq ft (194.72 sq m) of ground floor sales space and 920 sq ft (85.47 sq m) on the first floor and has been let for 5 years at an undisclosed rental.

Kast Retail t/a Quiz was represented by McParlane & Co; Aberdeen Standard Investments was represented jointly by Eric Young & Co and Savills.

Contact Alastair Rowe
23rd January 2019

Shopping Centres / Retail Deals

50 High Street, Dumbarton G82 1LL

Mars Real Estate Investment has let 50 High Street, Dumbarton to E-Cloudz.

The unit comprises 1,197 sq ft (111.17 sq m) of ground floor sales space and 755 sq ft (70.14 sq m) on the first floor and has been let for 5 years at a rental of £15,800 per annum.

Mars Real Estate Investment was represented jointly by Eric Young & Co and Frank Property and HSA Retail.

Contact Alastair Rowe
23rd January 2019

High Street / Retail Deals

50 St Johns Road, Edinburgh EH21 6PB

Mapeley Columbus Ltd has let 50 St Johns Road, Edinburgh to Vermillion.

The unit comprises 1,239 sq ft (115.12 sq m) of ground floor sales space and has been let for 10 years at a rental of £26,500 per annum.

Mapeley Columbus Ltd was represented jointly by Eric Young & Co and Hamilton Chartered Surveryors.

Contact Alastair Rowe
23rd January 2019

Shopping Centres / Retail Deals

New lettings at Kingdom Centre, Glenrothes

1 Lyon Square, Kingdom Centre, Glenrothes KY7 5NW
2 Marchmont Gate, Kingdom Centre, Glenrothes KY7 5NW
8 Falkland Gate, Kingdom Centre, Glenrothes KY7 5NW

Mars Pension Trustees Ltd has agreed a new letting and 2 new lease extensions at the Kingdom Centre, Glenrothes.

1 Lyon Square has been let to Home DIY for 10 years at a rental of £10,000 per annum. The unit comprises 861 sq ft (80.01 sq m) of ground floor sales space and 1,027 sq ft (95.47 sq m) on the first floor.

The lease at 2 Marchmont Gate to Abbeygate Mobiles Ltd has been extended for a further 4 years at a rental of £9,000 per annum. The unit comprises 547 sq ft (50.81 sq m) of ground floor sales space.

The lease at 8 Falkland Gate to EE has been extended for a further 5 years at a rental of £32,500 per annum. The unit comprises 1,610 sq ft (149.63 sq m) of ground floor sales space.

Mars Pension Trustees Ltd was represented jointly in all these deals by Eric Young & Co and Savills.

Contact Alastair Rowe
23rd January 2019

Shopping Centres / Retail Deals

Unit 2 The Mercat Centre, Kirkcaldy KY1 1NJ

Mars Pension Trustees Ltd has agreed a lease extension for Unit 2 The Mercat Centre, Kirkcaldy with Vodafone.

The unit comprises 904 sq ft (83.98 sq m) of ground floor sales space and the lease has been extended for a further 5 years at a rental of £22,500 per annum.

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

Contact Alastair Rowe