Active Mangement Mixed Use Portfolio

Acting for a private purchaser LexiconCole have a acquired a mixed use portfolio comprising a number of pharmacies let to national chain Lloyds with assorted other retail units, houses and offices. The portfolio will offer a double digit yield with numerous angles to maximise value whilst retaining a strong ongoing income stream.

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Multi Let Industrial Estate Sold

LexiconCole have advised a private client on the disposal of a multi let industrial estate, Swan Road, Washington. The property comprised 39 unis totalling over 50,000 sqft and sold for close to the £2.3 million asking price. LexiconCole were tasked with completing the deal in a short timescale and having selected the purchaser the legal [...]

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Central Point, Middlesbrough Acquired

A modern 20,000 sq ft multi let office and leisure investment has been acquired by LexiconCole in a deal valued at £2.25m. This reflects a 10% net initial yield for our client a north east property company. The property is situated in the centre of Middlesbrogh within the area of Teeside University and its associated [...]

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Market Town Disposal

A well positioned retail property within the popular market town of Stokesley, North Yorkshire has been disposed of by LexiconCole for a private client. The premises let to a charity shop will continue to provide a low risk income to the purchaser.

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Vaue Added in Retail Sector

LexiconCole have completed the acquisition of a prime shop property in Redcar let to national retailer Bonmarche. Following a re-gear of the tenant’s lease the property was sold subsequently by LexiconCole some 12 months later having sustained a 14% yield and showing a 45% uplift in capital value.

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Acquired and Sold in 6 month turnaround !

LexiconCole acquired two terraces of industrial units totalling 32,000 sqft. The properties were the subject of a comprehensive refurbishment programme including new doors and roofs leading to a number of lettings.The property was sold by LexiconCole within 6 months realising a 75% increase in value for our client.

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Mixed Use Investment Acquired in Durham

LexiconCole has recently acquired this 8,500 sqft grade II Listed period building in the well-renowned Aykley Heads area of Durham. Secure Government office income accounts for around 60% of the rent with asset management opportunities available on the other part of the building (formerly used as a restaurant). The deal shows our client a double [...]

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LexiconCole Acquires KFC for Private Investor

The acquisition of this purpose built KFC drive-thru satisfied our private investor client’s requirement for long secure income. The investment is situated on the successful Wynyard Park Services development just off the A19 at Wolviston is let for a further 11 years at a rent that is expected to show significant growth in coming years. [...]

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Hat- trick of Retail Investment Deals in December

The final month of 2015 saw a surge of investment in the retail sector for LexiconCole, with a third December deal completing in the final few days before the Christmas break. We were able to deliver a prime high street investment for one of our property company clients with significant asset management potential and an [...]

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ACQUISITIONS CONCLUDED ON BEHALF OF MANUFACTURER

LexiconCole have advised CBL on the acquisition of premises to facilitate the expansion of their manufacturing premises in Sunderland. In 2013 Contract Bottling Ltd of Riverside Road identified a need for additional warehousing facilities in the locality and sought advice to conclude the purchase of a 42,000 sq ft property at Sunderland Enterprise Park. Contract [...]

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