Winter 2007-2008

17 Carrick Street, Ayr – LANDLORD & TENANT

We are advising our client on their asset management possibilities with the incumbent tenant having offered their business for sale as a going concern with a rent review due early next year.

61 Crosslee Crescent, Houston – RENT REVIEW

Our clients were essentially a new start business formed as a result of displacement due to the M74 extension through the south side of Glasgow. Within seven weeks of the initial identification of the premises, missives were concluded for the acquisition.

752/4 Anniesland Road, Knightswood, Glasgow – RENT REVIEW

Acting on behalf of one of our major retained clients, we negotiated this rent rveiew, complicated by the fact that the premises are held under two separate leases.

287 Stonelaw Road, Burnside – VALUATION ADVICE

We were asked by the owner to provide updated rental valuation advice on two retail premises held within his SIPP.

31/41 Mollinsburn Street, Glasgow – RENT REVIEW

Acting on behalf of the previous owner occupier, we negotiated the first rent review with his plc tenant, securing a 25% uplift in the rent.

1 Westmuir Street, Glasgow – RETAIL / INVESTMENT AGENCY

Acting for a private indivdual, we let these corner retail premises on a new 10 year FRI lease securing him a net intial return in excess of 11% within 12 months of him completing the original purchase.

48-50 Bridge Street, Glasgow – RETAIL AGENCY

We identified these prominent premises as being ideal for our clients. We negotiated a relocation from their existing premises round the corner and they now occupy a more prominent position within a property twice the size of their previous unit for only a nominal increase in rent.

60 Bath Street Lane, Glasgow – BUSINESS SPACE

Having advised our client on the original purchase of this garage / store, we let the building at a rent that equated to £18 per sq ft and showed our client an instant 7% return on capital.

37-39 Dougrie Drive, Castlemilk – RETAIL AGENCY

We advised our client on a swift relocation of their premises from elsewhere into a more prominent position in the shopping centre, protecting their trade from an attack from a competitor and improving their trading figures at a stroke.

Summer 2007

Sovereign House, 58 Elliot Street, Glasgow – LANDLORD & TENANT

Having originally advised on the initial lettings of these individually designed offices, we are now advising our client on the current round of lease renewals, securing an uplift of around 33% on the current passing rentals.

2/4 Whin Place, East Kilbride – INDUSTRIAL AGENCY

Our clents were essentially a new start business formed as a result of displacement due to the M74 extension through the south side of Glasgow. Within seven weeks of the initial identification of the premises, missives were concluded for the acquisition

48 West George Street, Glasgow – BUSINESS SPACE AGENCY

Acting on behalf of a small property company, we had these third floor offices under offer at price in excess of our quoting terms within 48 hours of placing them on the open market.

1 Tron Place, Largs – RETAIL AGENCY

Acting for an owner occupier, these premises were being marketed on a “To Let” only basis but we were able to convince the landlord of our clients purchase needs and successfully secured them after a competitive bidding process.

6 Church Street, Troon – RETAIL AGENCY

Acting on behalf of a well respected independent chain of health food shops, we successfully acquired these premises from the heritable creditor after bidding to a competitive closing date.

4 Newton Place, Glasgow – BUSINESS SPACE AGENCY

Acting for a family owned property company, and jointly with Alan Watt Consulting, we marketed this refurbished townhouse for let and secured our client an excellent tenant at a rent in excess of the quoting terms.

Unit 8, Hamilton Retail Park, Hamilton – RATING

We successfully argued the case with Lanarkshire Valuation Joint Board against what we felt was an excessive Rating Assessment of the premises, securing our client a saving of around £25,000 over the current Rates period.

Spring 2007

79/83 Academy Street, Inverness – INVESTMENT AGENCY

Bidding to a competitive closing date, we secured these premises for our client. Let to Farmfoods on a long lease, there are also excellent prospects for longer term development on the site.

722/724 Anniesland Road, Glasgow – INVESTMENT AGENCY

Acquired at the same time as Inverness above, these premises on the fringe of Knightswood Shopping Centre are likely to show our client real rental growth within the next 18 months.

97/99 West Regent Street, Glasgow – BUSINESS SPACE AGENCY

Acting on behalf of a SIPP holder, new to the commercial property market, we let this office to a firm of Solicitors at a rent in excess of £15.00 per sq ft.

Unit 11 Riverway Retail Park, Irvine – RATING

In negotiation with the Assessor, we identifed a flaw in their Valuation methodology and secured our client a substantial saving in their Rates liability.

430 Carmunnock Road – INVESTMENT AGENCY

Having first bought and then let the above premises (see entries below) we sold this retail investment to a private property company at a price that showed our client a substantial profit within 12 months of the original acquisition.

434 Duke Street, Glasgow – RETAIL AGENCY

Acting for the heritable creditor in possession, we marketed this vacant shop, set a closing date and secured a sale at a price that allowed our client a 100% recovery of their outstanding debt, all within 12 weeks of receiving the initial instruction.

23 Tennant Avenue, East Kilbride – INDUSTRIAL AGENCY

Acting for a SIPP holder, we relocated our clients operations to this nest industrial unit and agreed a lease to a related trading company, all within 8 weeks from identification of the premises.

50-52 Main Street, Kilsyth – INVESTMENT AGENCY

Under some considerable time pressures we sold this retail investment, let to Blockbuster Video, for a property company that showed them the healthy return required.

Winter 2006

32 Nethergate, Dundee – INVESTMENT AGENCY

We acquired this retail investment, let at £60,000 per annum on a lease with 21 years unexpired, in the heart of Dundee city centre for a private client at a price that showed a Net Initial Yield of 7.55%.

Suites 5.2 & 5.3, Stock Exchange Court, Glasgow – BUSINESS SPACE AGENCY

Acting for the incumbent tenant where the offices were surplus to their requirements, we were able to successfully negotiate a one-off surrender payment with the landlord to extricate our client from their long leasehold interest.

430 Carmunnock Road, Glasgow – RETAIL AGENCY

Having acquired the premises for our landlord client (see entry below under investment agency), we successfully let the unit at a rent above our original valuation to a local trader within 4 weeks of placing the property on the open market.

623-625 Duke Street, Glasgow – RETAIL AGENCY

Acting for a national chain of bookmakers in need of a relocation from smaller premises on Duke Street, we acquired these former bank premsies by way of assignation from the outgoing tenant.

Units 1-3, The Galleries, Balloch Road, Balloch – RENT REVIEW AND LANDLORD & TENANT

Acting for the landlord, we agreed uplifts in previously stagnant rents with the tenants, and assisted in resolving a dispute relating to maintenance of common parts.

Portland Place, Hamilton – INVESTMENT AGENCY

Acting for private clients, we acquired these retail premises, let to Moss Pharmacy on a long lease, at a price that showed our client a Net Initial Return of 6.5%.

111 Ingram Street, Glasgow – INVESTMENT AGENCY

Acting for a small property company and dealing off market, we acquired these premises, presently let to Merchant City Barbers, at a price that reflected a Net Initial Yield of 6.9%.

108 Ayr Road, Newton Mearns – INVESTMENT AGENCY

After an expansive marketing campaign, we sold this licensed restaurant investment for a private client at a price that showed the purchaser a Net Return of 6.07%.

18 Skirving Street, Shawlands, Glasgow – INVESTMENT AGENCY

Acting for a private family trust, and after a wide advertising campaign, we sold these premises to a property company at a price that provided them with a Net initial Yield of 7.4%.

430 Carmunnock Road, Glasgow – INVESTMENT AGENCY

Acting for a private buyer, we acquired the two retail units, one let to Farmfoods, the other let to Global Video Ltd (in Administration). The price paid reflected a Net Initial Yield of 3.95%

1st Floor, Sterling House, 20 Renfield Street, Glasgow – RENT REVIEW

Acting for the tenant, we agreed the May 2006 rent review with the landlords agents at a figure 28% below the landlords initial quoting rent.

178 High Street, Musselburgh – RATING

Acting for the owner occupier, after negotiation with Lothian Assessors, we secured an 11% reduction in the Rateable Value.

83 West Regent Street, Glasgow – RENT REVIEW

Acting for the landlord, we agreed an uplift in rent with the tenants, effective from the February 2006 review date.

38 Elliot Street Mews, Glasgow – BUSINESS SPACE AGENCY

Acting for the landlord/developer, and jointly with DM Hall, we let the suite of offices and 4 car spaces to Capability Scotland on a new 10 year lease.

225 Bath Street, Glasgow – BUSINESS SPACE AGENCY

Acting for an Engineering firm with a global market, we identified and secured the acquisition of their new offices at 225 Bath Street - 14,500 sq ft of high quality, open plan office space on a new 10 year lease.

Winter 2005/06

97/99 West Regent Street, Glasgow – BUSINESS SPACE AGENCY

Acting on behalf of a SPV company, we sold this townhouse office building with parking in three separate lots to three individual occupiers for a total consideration of £875,000.

Dumbarton Road, Glasgow – RETAIL AGENCY

Acting on behalf of a national chain of bookmakers, after our clients had relocated to larger premises, we sold this small shop unit with vacant possession for more than double the asking price!

Margaret Street, Inverness – RATING

Acting on behalf of a national chain of pet foodstuffs retailer, after negotiation with the Highland Assessor, we secured a reduction in the Rateable Value.

Unit 2 Linlithgow Retail Park, Linlithgow – RETAIL AGENCY

Acting on behalf of a major multiple retailer, we acquired this 5,000 sq ft retail warehouse as a pre-let from the developer.

97-103 West George Street, Glasgow – RENT REVIEW

Acting for the landlord, we negotiated this, the first rent review of a long lease over these popular city centre licensed premises, securing a 23% uplift in rent for our client.

377a Sauchiehall Street, Glasgow – LANDLORD AND TENANT

We were engaged by the landlords to advise on the granting of consent to an assignation between tenants. Subsequent to the assignation being approved, a new lease was negotiated on a longer term at an improved rent.

33/35 Gibson Street, Glasgow – DEVELOPMENT CONSULTANCY

Acting for a small property company, we advised them in the process of acquiring these former bank premises, securing a Change of Use planning consent to Restaurant and, after a competitive bidding situation, let them on a new 25 year lease to the tenants, who are trading as The Left Bank Bistro.

Shieldhall Road, Glasgow – DEVELOPMENT CONSULTANCY

We acquired this 14,500 sq ft former supermarket for private clients and are currently in the process of managing their subdivision to form a neighbourhood retail parade with 6 units in Class 1, 2 and 3 uses.

Unit 19, The Thistle Marches Mall, Stirling – RETAIL AGENCY

Acting on behalf of Taboo Fashions, we acquired these premises on an all-inclusive license for a Christmas let. Subsequent to Christmas, we were able to re-negotiate the terms to a more favourable basis and our client continues to trade from the unit.

Summer 2005

60 Elliot Street, Glasgow – BUSINESS SPACE AGENCY

Acting on behalf of the landlord/developer, we let these characterful and individually styled two storey office premises with car parking to a local firm of architects on a new lease.

151/153 Lothian Road, Edinburgh – INVESTMENT AGENCY

Acting on behalf of a substantial property company, we acquired these retail premises and upper floor flat, let on a long lease until 2069 at a price that equated to a Net Initial Yield of 5.35%

Unit 11, St Enoch Centre, Glasgow – RETAIL AGENCY

Acting for Taboo Fashions, we successfully re-negotiated their all inclusive license agreement within the St Enoch Centre, one of Glasgow’s principal shopping malls.

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