Commercial Sales and Lets



Sterling funds “exciting” Plans with Triple sale

Posted on 8 March, 2015 by Cliff Goodwin under Commercial Sales and Lets

The northern focused development company, Sterling Capitol, has raised more than £7m through the sale of three of its Yorkshire assets. All three transactions were brokered by the Leeds office of Knight Frank and undertaken to allow the developer,... Read More

New Owners seek to re-position Buttermarket Shopping Centre

Posted on 6 March, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Built in 1992, the Buttermarket Shopping Centre in Ipswich was once a thriving retail destination yet in recent years the development has seen a distinct drop in footfall. However, new owner Capital & Regional is hopeful that a modernisation plan will... Read More

Spitalfields scheme will “obliterate” Jack the Ripper murder site warns TV Historian

Posted on by Cliff Goodwin under Commercial Developments, Commercial Sales and Lets

Described as the last “major redevelopment site in the heart of the Square Mile”, Exemplar has sold the London Fruit and Wool Exchange building to M&G Real Estate for £55m. The property investor will now continue to work with Exemplar to redevelop... Read More

Record Price Tag expected for Grosvenor House Hotel

Posted on 3 March, 2015 by Kirsten Kennedy under Commercial Sales and Lets

When Sahara Grosvenor House Hospitality Limited paid a mammoth £470 million for the Grosvenor House Hotel back in 2010, it set a new record for the London hotel market and indicated that foreign investment into the capital was on the rise. However, it seems... Read More

Devon Resort set to become most Expensive Property in West Country

Posted on by Chris Grigorovsky under Commercial Sales and Lets

Gara Rock, a cliff-top resort near Salcombe on the Devon's ‘Gold Coast’, is set to become the most expensive property on the West Country market with an asking price of £8.5 million. The resort includes an 18 bedroom boutique hotel, a number of... Read More

New Owner pledges ‘high level of investment’ in Scunthorpe Leisure Park

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Major regeneration projects continue to be a key feature of commercial property activity with Scunthorpe becoming the latest town to benefit from an upcoming retail and leisure redevelopment. This will take place at the Gallagher Leisure Park on Doncaster... Read More

Burton Business Park deal a significant step in Centurion’s evolution

Posted on by Cliff Goodwin under Commercial Sales and Lets

Industrial investor, Centurion Properties, has taken control of a leading Midlands business park. It paid £25m to buy the 33-acre complex near Burton from its original joint venture development partner TH Real Estate. Both partners originally acquired... Read More

British Land acquires Surrey Quays Leisure Park in £135 million deal

Posted on 2 March, 2015 by Kirsten Kennedy under Commercial Sales and Lets

British Land has acquired the Surrey Quays Leisure Park from Aviva Investors in a deal worth a mammoth £135 million. Surrey Quays is one of Southwark’s premier leisure destinations and at present counts big name brands such as Odeon Cinemas, Frankie... Read More

Market Tech strengthens grip on Camden

Posted on by Cliff Goodwin under Commercial Sales and Lets

A company owned by Israeli billionaire and gambling tycoon Teddy Sagi, Market Tech (MT), has paid almost £100m for two London assets — effectively giving it control of a strategic island of Camden properties. Added to the ownership of another block... Read More

Top Worcestershire Hotel sold to Private Investors

Posted on 1 March, 2015 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Private investors are becoming increasingly active in the hotels market, with destinations including the Lake District and the Peak District proving popular with small chains looking to expand. This week, the four star Stone Manor Hotel in Worcestershire has... Read More