Acting on behalf of Guiness Peat Group  JP Elliott have secured the underletting of approx 2,500 sq ft of top quality West End Office space To Rockpool Investments at a headline rental of over £104,000 pax. They also project managed the refitting of the floor to the new tenants specification on time and on budget.

With the New Year underway, JP Elliott has launched their new improved website. Building on the previous site, the new website provides a multi-purpose tool for finding out about our company, the services we provide and any sales/ lettings or requirements we may currently have.

On behalf of Craigard Investments LLP, JP Elliott acquired the freehold of this refurbished 52,000 sq ft industrial unit for £2.25m reflecting a NIY of 9.25%. The property is let to Meyer Timber for 15 years with annual 2.5% fixed uplifts.

JP Elliott jointly acquired two restaurant units for Private Investor clients. The units are let to Ask Restaurants and Prezzo (t/a Chimichanga) on 25 year leases with 15 year breaks. They paid £3.05m reflecting a NIY of 5.89%.

JP Elliott sold on behalf of private clients a package of 3 Somerfield/Co-Op petrol filling stations with associated convenience stores for £5,388,000 reflecting a blended NIY of 5.44%. The properties are let on identical terms to Somerfield Stores Ltd (guaranteed by the Co-Op) with 16 years unexpired and 2% pa fixed uplifts in the rent.

Acting on behalf of the Milton Group of Companies, JP Elliott acquired a 52,000 sq ft refurbished warehouse unit for 32.45m reflecting a NIY of 8.68%. The property is let to Meyer Timber for 15 years with annual 2.5% rental uplifts.

JP Elliott sold on behalf of private clients a petrol filling station with associated convenience store for £2,215,000 reflecting a NIY of 5.31%. The property is let to Somerfield Stores Ltd (guaranteed by the Co-Op) with 16 years unexpired and 2% pa fixed uplifts in the rent.

JP Elliott have been retained to asset and development manage the Oaks Shopping Centre in Acton. After its acquisition. This property is to be redeveloped to provide a mixed retail and residential

scheme providing a modern supermarket and ancillary retail units together with affordable housing. JP Elliott are managing the existing units through to redevelopment as well as giving investment asset management and development advice throughout the process.

JP Elliott sold on behalf of private clients a petrol filling station with associated convenience store for £1,525,000 reflecting a NIY of 5.50%. The property is let to Somerfield Stores Ltd (guaranteed by the Co-Op) with 16 years unexpired and 2% pa fixed uplifts in the rent.

JP Elliott recently concluded the final air-conditioning survey on behalf of Orchid. The pub operator instructed the firm to undertake the statutory surveys across the majority of their portfolio, totalling 126 pubs across the United Kingdom.