Creating opportunities across a range of commercial properties

Every business, location, motivation and requirement is different. We cut through to the core objectives and priorities behind every property transaction to create valuable results, every time.

Featured Case Study

Sale of Ortongate Retail Warehousing, Peterborough

Background Cited Property advised on the sale of the retail warehousing at Ortongate, Peterborough. The asset comprised a well-located, convenience-led

View the case study

Sale of Ortongate Retail Warehousing, Peterborough

Background Cited Property advised on the sale of the retail warehousing at Ortongate, Peterborough. The asset comprised a well-located, convenience-led parade anchored by national occupiers and serving a strong local catchment. The brief was to maximise value from a partially carved-out asset while presenting a compelling investment case in a selective market. The Challenge The […]

Landlord Consultancy

4 min read

Repositioning a Prime Retail Asset at 25–27 Fishergate, Preston

Background 25–27 Fishergate, Preston occupies a prime pitch within Preston city centre, comprising two adjoining retail units in a highly prominent retailing location. The larger unit, formerly occupied by HMV, but most recently a charity operator, became vacant following a relocation. The adjoining unit was formerly let to Mountain Warehouse. Market Context At the time […]

Capital Markets

3 min read

Acquisition of Vacant, Major Industrial Estate

Background Cited Property advised Sheet Anchor Evolve, part of M Core, on the acquisition of Waterside Industrial Estate, a major industrial and logistics estate located just north of Hadfield town centre, near Glossop and within the wider Greater Manchester industrial market. The estate extends to approximately 375,000 sq ft across a self-contained site of around 21.5 acres, comprising multiple warehouse […]

Landlord Consultancy

3 min read

Quartet of completed shop sales on behalf of Nuveen – Chelmsford, Portsmouth, Truro & St Helens

Background Cited Property was instructed by Nuveen to dispose of a quartet of high street retail assets located across a range of UK town centres. The assets presented a diverse mix of lot sizes, tenant profiles, income characteristics and risk-return dynamics, requiring a considered and targeted disposal strategy rather than a one-size-fits-all approach. The Challenge Given the […]

Capital Markets

2 min read

Sale of Cantilever Gardens, Warrington – Freehold Residential Investment

Background Cited Property advised a property company on the off-market sale of Cantilever Gardens, a residential freehold block investment located in Warrington. The property comprised 75 residential units, with 42 held on Assured Shorthold Tenancies and the balance sold off on long leases, presenting a mixed-income and part-reversionary investment profile. The Challenge The asset’s hybrid […]

Capital Markets

2 min read

Acquisition of Victoria Centre, Harrogate

Background Cited Property advised Sheet Anchor Evolve on the acquisition of Victoria Centre, Harrogate, a centrally located retail asset offering both income security and asset management-led upside. The Challenge At acquisition, the centre faced a concentration of lease expiries in the near term, creating income risk but also opportunity. In addition, the lower ground floor […]

Capital Markets

2 min read

Portfolio Acquisition of Leith and Wallsend

Background Cited Property advised Sheet Anchor Evolve and M Core on the off-market acquisition of two income-producing shopping centres from NewRiver Retail. The assets, located in Leith and Wallsend, delivered a combined Net Operating Income of approximately £1.5 million per annum. The Challenge Following agreement of the off-market transaction, there was pressure to complete the […]

Landlord Consultancy

4 min read

Repositioning a Prime Retail Asset in Cirencester Town Centre

Background 9–11 Cricklade Street, Cirencester occupies a prime pitch within Cirencester town centre, comprising two adjoining retail units. The larger of the two units was formerly a Woolworths, more recently occupied by Poundland, who exited the unit upon expiry of their lease. The adjacent smaller unit, was let to Mountain Warehouse, which continued to trade […]

Landlord Consultancy

3 min read

The Entertainer, Gyle

Background The Gyle Shopping Centre is a well-established retail destination in west Edinburgh, anchored by Marks & Spencer and Morrisons alongside national retailers such as Boots, Next, Starbucks, Specsavers and Card Factory. With strong transport links via the city bypass, tram and rail connections, The Gyle benefits from a wide suburban catchment and plays a […]

Capital Markets

3 min read

Acquisition of Vicar Lane, Chesterfield

Background Cited Property advised Sheet Anchor Evolve, part of M Core, on the acquisition of Vicar Lane Shopping Centre in Chesterfield. Vicar Lane is a modern, open-air shopping centre located in the heart of Chesterfield. The property is held on a long leasehold basis and provides approximately 202,562 sq ft of retail accommodation, together with […]

Landlord Consultancy

4 min read

St Stephens Street, Norwich

Background 9–73 St Stephens Street forms a prominent retail block with frontages onto St Stephens Street, Queens Road and Surrey Street. The scheme is anchored by a mix of well-known national occupiers, including Sainsbury’s, Greggs and Specsavers, complemented by a small block of office accommodation on Surrey Street. The location sits at the heart of […]

Landlord Consultancy

4 min read

Queens Arcade, Leeds

Background Queens Arcade, a historical retail destination in the heart of Leeds, has recently undergone a comprehensive refurbishment and rebranding. With its newly modernised aesthetic and reinvigorated atmosphere, the property offers a distinctive opportunity for retail businesses looking to establish themselves in a vibrant and diverse retail environment. The Challenge At the outset, we faced […]

1 2

“This was a complicated purchase of multiple assets located nationwide. The challenge was largely the appeal, as we could see real value creating potential in this portfolio. Once we had agreed the purchase, off-market, we helped our client prioritise the most attractive value-enhancing asset management. Cited’s existing relationships with occupiers and the agency community helped us significantly improve the purchase metrics ahead of the purchase completion.”

View case study

Evolve Estates Bradley Maher – Director

“Our involvement on this asset stretches back to 2017 when we helped AEW on the acquisition. Since then our team have remained involved, helping to bring new life to the parade with occupiers including Specsavers and Kokora. It was a pleasure to be asked to assist on the sale, and to achieve such a fantastic price, some 25% ahead of valuation, was a great way to complete the story.”

View case study

AEW Bradley Maher – Director

“Cited are committed to deliver on Claire’s business plan of 10+ new stores a year in the UK, entering new locations, as well as relocating existing stores. At Cited, we pride ourselves on our ‘hands on’ approach to work. From identifying new store opportunities on town trips, negotiating terms, through to completion, we ensure we are there every step of the way to advise our client as best as possible. ”

View case study

Claire’s Accessories Rory Gittins – Director

“We were delighted to have helped Evolve Estates acquire these three shopping centres. They have a strong community, convenience and leisure focus that will see them fit perfectly into Evolve’s existing portfolio. Understanding our client and their objectives helped us target and deliver the opportunity ‘off-market’, at attractive pricing terms. Whilst the purchase process was ongoing, my occupational colleagues helped deliver new tenants and lease extensions on several key units, helping to create value ahead of the purchase completion.”

View all case studies

Evolve Estates Bradley Maher – Director