DEAL ROUND-UP
Links House, Edinburgh.
lEAsInGs Fintry House, Hamilton International business Park, Glasgow Acting on behalf of John Lewis Plc, the Galbraith Commercial team secured a lease variation and extension over 39,083 sq ft for John Lewis at Fintry House, Hamilton International Business Park, Glasgow from Praxis Real Estate Management. The lease was re-structured and extended by 10 years with a rent in excess of £560,000 per annum.
scotmid Co-operative, torphins On behalf of ECS Investment Property, Galbraith restructured the lease at a Scotmid convenience store on the outskirts of Aberdeen, taking the certain term from 2.5 to 7.5 years. The annual rent is approximately £45,000 per annum with a fixed uplift RPI-linked rent review in 2021.
Clydesdale bank, 38 High street, banchory We negotiated a new 10-year lease to Clydesdale Bank Plc, on behalf of ECS Investment Property, which included a revised rent uplift to £34,000 per annum.
London House, Edinburgh.
Atholl Exchange, Edinburgh.
Maturation Warehousing, Islay On behalf of an international drinks company, Galbraith negotiated an agreement for lease over 60,000 sq ft of new build whisky maturation warehousing on Islay.
Metro House, Gateshead We advised Anyvan Ltd, the UK’s largest removals firm, in finding and negotiating new office premises in the Newcastle area. 9,000 sq ft was secured at Metro House, Gateshead on a new five-year flexible lease.
Atholl Exchange, Canning street, Edinburgh Acting for the landlord, Galbraith secured Westerwood Group as a new tenant into Atholl Exchange, a 10,000 sq ft central Edinburgh office building. With the third floor under offer, only one floor remains available.
a total of 11,200 sq ft. A further 4,900 sq ft has recently been placed under offer.
Duckburn Park, Dunblane Acting for the landlord, we negotiated a new 10-year lease extension with Tilhill Forestry Ltd over 3,064 sq ft.
london House, East london street, Edinburgh Online drinks retailer, Flavourly has taken a new lease on the ground floor at London House. Galbraith represented the landlord and has a further 3,600 sq ft coming to the market in the summer.
new broompark Industrial Estate, Edinburgh We secured the final letting for the landlord, Buccleuch Property, at this now fully let industrial estate in Edinburgh. A cleaning company secured a lease on the remaining 3,000 sq ft.
links House & Great Michael House, links Place, Edinburgh
Orbital House, Peel Park, East Kilbride
Galbraith advised on a flurry of lettings within these prominent Leith office buildings. Representing the landlord, deals were agreed with The Salvesen Mindroom Centre, Upmo and Allegis over
Galbraith represented the landlord in securing a new three-year letting at Orbital House on 1,764 sq ft to David Brown Group who paid a rent of £26,460 p.a. (£15.00psf).
Orbital House, East Kilbride.
Page 10 | Commercial Matters | summer 2019 | galbraithgroup.com