News

Market Walk, Newton Abbot and Angel Place, Bridgwater Jan/2012
LaSalle Investment Management, on behalf of retained fund clients, advised by Macarthur Wilson have completed on the purchase of 2 Shopping Centres in the South West. Market Walk, Newton Abbot has been acquired for £12,750,000 reflecting a net initial yield of 8.85%. The scheme provides circa. 90,000 sq ft of retail space, with 90% of the income secured against national multiple retailers, and 50% of the income secured in excess of 5 years. Wilkinson and New Look anchor the ...
 
McColls Convenience Stores Investment Dec/2011
Instructed by Store Crown Limited to sell 5 McColls Convenience Stores investments in Brean, Bristol, Hanham, Newquay and Weston super Mare.  
 
Yeovil - 16 Middle Street Nov/2011
Instructed by Primark Stores Limited to sell investment let to 99p Stores and Mortimers Bakeries. The property is under offer to a private investor.
 
Milton Keynes Stadium – Unit 8a Nov/2011
Acted on behalf of Primark Stores Limited, to acquire a new 60,000 sq ft (GIA) store on the retail park which has been funded by Aviva, the other anchor tenant is Marks & Spencer.
 
St Austell - 29 and 31 Fore Street Nov/2011
Acquired the WH Smith and Boots stores for Attivo Property Limited for £2.5 million. Both units have been let on new 10 year leases with 5 yearly upward reviews.
 
Poundland - Keynsham – 62c High Street Nov/2011
Acquired a new underlease from Co-op for a new flagship store for Poundland in Keynsham, which opens in December 2011.
 
Money Shop - Bath – 29 Southgate Nov/2011
Acting on behalf of The Money Shop, acquired new premises in close proximity to the new Southgate Shopping Centre. This brings the total to over half a dozen shops acquired on behalf of The Money Shop in 2011.
 
Thanet – Westwood Cross, Shopping Centre Nov/2011
Acting on behalf of Primark Stores Limited, acquired a long leasehold interest from Land Securities, in the successful Westwood Cross Shopping Centre, for a new 70,000 sq ft store which will trade as Primark. Construction has just commenced with the store due to open in September 2013.
 
Tesco Express Oct/2011
Completed acquisitions for Tesco Express in Southampton (Lordwood Road) and Taunton (Priorwood Road).
 
Swansea – 242/245 Oxford Street Sep/2011
Acting on behalf of Poundland Limited, acquired the former Life and Style store (former Woolworths) from the Administrator. Macarthur Wilson have been instructed to dispose of the former Poundland Store at 239 Oxford Street.
 
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