Industrial Agency, Investment & Development

Levy has one of the most active and highly regarded industrial, development and investment agency teams in London. It is led by Simon Higgins and Jeremy Grundy and specialises in all aspects of the sector as well as the strategic use of industrial land for new purposes.

We work with a huge variety of business space accommodation across London, but our focus has always been to look at the angles in every situation and to enhance and reposition the asset, working with our clients to maximise the value of their property holdings. This hands-on approach has attracted a strong loyal following from property companies, funds and developers who are increasingly demanding proactive consultants who really understand industrial property, the tenants requirements and care about the final result.

We work closely with the all Levy’s sector teams and offer our clients a comprehensive professional service from agency and development advice to landlord & tenant consultancy.

Core services:

Agency

  • Acquisition and disposal of warehousing distribution and industrial property
  • Strategic industrial and mixed use land acquisition.
  • Search & identification of property for owner occupation
  • Existing use valuation of property assets with a view to disposal.
  • Co-ordinated marketing campaigns

Investment

  • Investment sales and acquisitions
  • Identifying on and off-market opportunities
  • Sale and leaseback advice
  • Active asset management advice
  • Portfolio analysis

Development

  • Acquisition and disposal of development sites
  • Identifying on and off market opportunities
  • Speculative development and funding consultancy

 

Case Studies

Alpha House, Durnsford Road Wimbledon SW19

On behalf of clients, Capital Industrial , Levy’s Industrial team acquired this single let storage and distribution facility let to Cadogan Tate situated on Durnsford Road, Wimbledon.

The 45,264 sq ft warehouse with mezzanines is let on a 10-year lease at an annual rental of £500,000. The purchase price of £11.05m included a single residential unit and equated to a net initial yield of 4.42%.

Orbital Park Ashford

Levy’s Industrial team advised on the sale of a 112,449 sq ft warehouse building on Orbital Park in Ashford, Kent to CCLA Investment Management for £8.42m.

Unit M is  let to Menzies Distribution and Brookes Homes Developments and currently produces annual income of £606,436 which equates to £5.39 per sq ft overall. The investment has a 4.8 year WAULT and its sale reflected a net initial yield of 7.22%.

GeoPost UK, Warth Park, Northants

Advised by Levy’s Industrial Team, Riverside Capital sold a logistics investment in Northamptonshire in an off market deal for £8.20m, reflecting a net initial yield of 4.85%.

The freehold industrial unit in Warth Park, Raunds totals 42,528 sq ft and is let to DPD UK Ltd until 2028. The property was acquired for Riverside by Levy in September 2013 by way of a forward  commitment at 7.29% net initial yield.

£44.3m London Industrial Portfolio Purchase

Levy Real Estate’s Industrial team advised Capital Industrial One on the £44.3m purchase of 10 industrial estates across London.

The London Collection was purchased from Workspace plc and comprised 281,500 sq ft of space and 135 tenancies across estates in Ilford; Barking; Feltham; Ashford; Stonebridge; Harrow; Lewisham; South Bermondsey; Loughborough Junction; and Battersea.

The acquisition involved the comprehensive analysis of each estate which drew on the our team’s expert knowledge of the London industrial market.