Kirklees PCT
Dyson Wood Way,
Bradley Business Park,
Huddersfield
HD2 1GZ
ACQUIRED
The RY Partnership was first established in 2009. Now, ten successful years and £430m commercial property transactions later, we’re proud to have built a strong reputation within the UK investment consultancy market. As such, we’re trusted specialists in the analysis, acquisition, development and disposal of commercial properties.
With a combined experience of over 48 years, we provide a wealth of expertise in a friendly yet forthright way which complements your investment needs.
We believe that key to developing a long-term and rewarding business relationship is taking an individual, pro-active and no-nonsense approach when working with you. This helps us to quickly and effectively recognise relevant market trends that allow us to meet your individual requirements.
Based out of the North, we’re proud to offer the benefits of our specialised experience to a wide range of clients both locally and nationally:
Comprehensive consultancy service in the areas of acquisition, development and the disposal of commercial properties.
A personalised and committed approach to understanding and developing investment requirements.
Quick and accurate identification of trends that will provide a healthy return based on a sound understanding of the industry.
Detailed analysis and research to a level that doesn’t just meet, but surpass, that needed in a changeable market environment.
We build lasting relationships with our clients based on a foundation of mutual trust and respect.
At RY Partnership, we offer a bespoke strategic asset management service to financial institutions and private investors. By specialising in the UK commercial property market, we can provide professional advice that helps you maximise the return from your portfolio.
We have substantial asset management expertise thanks to many years of experience in the wider property market across all sectors including multi-let industrial estates, retail and office premises. This includes utilising proactive asset management strategies to capitalize on a sale’s maximum potential. We also have extensive experience in the Public sector, having successfully asset managed and prepared the master plan for the proposed redevelopment of one of Yorkshire’s larger centres of education.
It’s part of our ethos to offer specialist advice tailored to each and every requirement. With this in mind, we work closely with a selection of carefully chosen practices so that we can offer a truly comprehensive range of services. These include letting, rent reviews, lease renewals, rating, town planning, building surveys, project management, and valuation.
Dyson Wood Way,
Bradley Business Park,
Huddersfield
HD2 1GZ
ACQUIRED
Grantham
Lincolnshire
ACQUIRED
King Alfred Way,
Battledown Trading Estate,
Cheltenham
ACQUIRED
Mugiemoss Road,
Aberdeen
ACQUIRED
Sleaford
NG34 8GL
ACQUIRED
Cayton Low Road,
Scarborough
ACQUIRED
G5K Calder Park,
Wakefield
ACQUIRED
Wynyard,
Sunderland
ACQUIRED
Manchester
ACQUIRED
Midpoint,
Bradford,
BD3 7AY
ACQUIRED
Mugiemoss Road,
Aberdeen
ACQUIRED
Wilton Road Industrial Estate,
Humberston,
Grimsby,
DN36 4AW
ACQUIRED
ACQUIRED
Tapton Park Road,
Sheffield
ACQUIRED
Infirmary Road
Sheffield
S6 3BR
ACQUIRED
141 High Street,
Northallerton
DL7 8PE
DISPOSAL
Saltburn Lane,
Skelton,
East Cleveland
DISPOSAL
Sunrise Enterprise Park,
Sunderland
ACQUIRED
Ecclesall Road,
Sheffield
ACQUIRED
Scarborough
ACQUIRED
High Street,
Heckmondwike,
West Yorkshire
ACQUIRED
including Wells House,
The Shires, Woodland Court,
Hadleys, Royd Mill
and Eton Court
ACQUIRED
Teal Park,
Lincoln
ACQUIRED
Bingley,
West Yorkshire
ACQUIRED
Lowfields Business Park,
Elland,
Leeds,
HX5 9HT
ACQUIRED
Thorp Arch Trading Estate
Wetherby
DISPOSAL
River Lane,
Saltney,
Chester
CH4 8RL
ACQUIRED
Magson House,
Clifton,
Moorgate Industrial Estate,
York
ACQUIRED
Sheffield
ACQUIRED
Old Run Road,
Leeds
ACQUIRED
Consett
Co Durham
DH8 6SZ
ACQUIRED
171 Elland Road,
Leeds,
LS11 8BU
ACQUIRED
Merchant Gate
York
YO1 9TJ
ACQUIRED
Mill Lane
ACQUIRED
Sheffield
S9 4WQ
ACQUIRED
Former Tyco Factory,
Wheatley Hall Road,
Wheatley,
Doncaster
ACQUIRED
Walmgate,
York
ACQUIRED
Capitol Park,
Thorne,
Doncaster
DISPOSAL
Hortons Way,
Westerham,
Kent,
TN16 1DE
ACQUIRED
3 Hawthorn Park,
Coal Road,
Leeds
ACQUIRED
Skipton
BD23 1EE
ACQUIRED
Frenchville Garage,
106-112 Birley Moor Road,
Sheffield
ACQUIRED
Manchester Old Road,
Middleton,
M24 4FH
ACQUIRED
Piccadilly,
York
ACQUIRED
165A Sutton Road,
Mansfield,
NG18 5HT
ACQUIRED
Rothwell
ACQUIRED
38 York Place
Leeds
LS1 2ED
ACQUIRED
Pioneer Park
Castleford
WF10 5QU
ACQUIRED
Teesway
Stockton
ACQUIRED
Unit A,
Berristow Lane / Carter Lane East,
South Normanton
ACQUIRED
Moxon Way,
Moor Lane Trading Estate,
Sherburn in Elmet,
Leeds LS25 6ES
ACQUIRED
Leeds,
LS1 2RU
ACQUIRED
Middlesbrough
ACQUIRED
Capital Way,
Leeds
ACQUIRED
Grangefield House,
Richardshaw Road,
Grangefield Industrial Esate,
Leeds, LS28 6QS
ACQUIRED
Kenmore Road,
Wakefield 41 Industrial Estate,
Wakefield,
West Yorkshire
ACQUIRED
Torre Road,
Leeds
ACQUIRED
Dishforth Road,
Ripon,
HG4 5DF
ACQUIRED
2 Millsands,
Riverside Exchange,
Sheffield
S3 8DT
ACQUIRED
Bingley
BD16 2AG
DISPOSAL
and 36-38 The Calls
Leeds
ACQUIRED
Otley
ACQUIRED
Unit 2
Kingsway Central,
Team Valley
ACQUIRED
Canius House
ACQUIRED
Business Park
Hull
ACQUIRED
298 Oxford Road,
Gomersal
BD19 4PX
ACQUIRED
Wheatley Hall Road,
Doncaster,
DN2 4NB
ACQUIRED
Merchant Gate,
Wakefield,
WF1 2TS
ACQUIRED
Teal Park,
Lincoln
DISPOSAL
Commondale Way,
Euroway Industrial Estate,
Bradford
ACQUIRED
Darlington
DISPOSAL
Oxford Row,
Leeds
ACQUIRED
Industrial Estate,
Sheffield
S6 1LZ
ACQUIRED
Frenchville Garage,
106-112 Birley Moor Road,
Sheffield
DISPOSAL
Sheffield Business Park,
Sheffield
S9 1XH
ACQUIRED
Pheasant Fields Lane,
Skelton,
East Cleveland
DISPOSAL
Bradford
ACQUIRED
Parkside Lane,
Leeds
ACQUIRED
Wheatley Hall Road,
Doncaster
DISPOSAL
Riverside East,
2 Millsands,
Riverside Exchange,
Sheffield
DISPOSAL
Lincoln
ACQUIRED
Stratton Road,
Bude,
Cornwall,
EX23 8BA
ACQUIRED
District Centre,
Heslington
York
YO10 5HL
ACQUIRED
Parkside,
Leeds,
LS11 5TY
ACQUIRED
Food store measuring 11,000 sq ft ground floor and 5,000 sqft first. Let to Marks & Spencer plc on a new 20-year lease at a commencing rent of £200,000 per annum. The lease had a break in year 15 and had 5 yearly upward only rent reviews to the lower of OMV or 2.5%. The property is located adjacent to the A68 and A1(M) J56, directly north of Cockerton. It is approx. 2.5 miles by road from the town centre. West Park Village consists of a small retail and commerce centre, with residential properties surrounding it. The invest was fully funded by an investor.
Price: £3.6m
Initial Yield: 5.25%
Date: June 2017
Purchaser: Northgood Industries Limited
Vendor: Fintry Estates Ltd
The park is located 1.5 miles north east of Doncaster town centre fronting on to Wheatley Hall Road. A new build retail park and sports centre providing eight football pitches. The retail park element provides a combined GIA of 15,375 sq ft. Tenants include Farmfoods Ltd, Subway Reality Limited, Barnardo’s and Goals Soccer Centres. WAULT of 22.62 years to the break and 23.49 years to expiry. Majority of the leases have either fixed rent review increases or RPI increases. The Goals Soccer Centres was subsequently sold out separately reflecting a yield in the order of 4.5%.
Price: £3.905m
Initial Yield: 6.3%
Date: May 2017
Purchaser: Canal and Rivers Trust
Vendor: St Modwen
A modern spec facility comprising 4,576 sqm office space and 8,056 sqm industrial space. Teal Park is a strategic employment site in the city of Lincoln. The facility was pre-let to Siemens on a FRI lease for 12 years, with fixed uplifts of 3.0% p.a. compounded in years 5, 10 and 11.
Price: £17.2m
Initial Yield: 7.07 %
Date: April 2013
Purchaser: 90 North Real Estate
Vendor: St Modwen
RYP subsequently negotiated the sale of the property in April 2017 to Siemens PLC for a price of £21.5m
Grade A office building occupied by Irwin Mitchell. Situated in a mixed-use development in one of the city’s prime office locations. The property totals 119,409 sq ft over ground and six upper floors. The property is well secured to Irwin Mitchell LLP for an unbroken lease term of 12 years.
Price: £23.36m
Initial Yield: 6.67%
Date: Jan 2016
Purchaser: 90 North Real Estate
Vendor: Caudwell Property
RYP subsequently negotiated the sale of the property in December 2018 to a Pan European fund for a price of £24.65m
2 retail parades situated in the heart of Rothwell town centre near a Morrisons supermarket. The Commercial Street parade comprises 4 new build retail units totalling 23,329 sq ft and let to Barnardo’s, The Original Factory Shop and Savers Health and Beauty. The second parade comprises 18,509 sq ft and is fully let to 10 individual tenants, including Natwest, William Hill, Specsavers and Fulton Foods.
Price: £4.5m
Initial Yield: 6.61% and reversionary yield of 8.10% once fully let
Date: May 2015
Purchaser: London & Cambridge
Vendor: Morrisons
New supermarket development comprising a 49,784 sq ft, 4 island petrol filling station and approx. 298 car parking spaces. Pre-let to Asda Stores Ltd, on a 25-year FRI lease subject to 3% per annum increases compounded 5 yearly. Full funding investment sale structure.
Price: £13.5m
Initial Yield: 5%
Date: Jan 2012
Purchaser: Asda
Vendor: Terrace Hill
Director
Christopher J Riley
BA (Hons) MRICS
Chris, acts for institutional and property company clients along with a number of private investors. Rest assured, if you work with him you’re in very safe hands. Before setting up RY Partnership, he spent 12 years at Steadman Brierley Chartered Surveyors and Investment Consultants specialising in investment acquisition and disposal. Before this, he worked for two years at St Quintin’s, Leeds office.
Memberships: Royal Institute of Chartered Surveyors
Education: University of West Of England, BA Hons Housing and Development, Bishop Vesey Grammar School
Director
Miles I Youdan
BSc MRICS
A variety of our clients, including institutional investors, property companies, charities, private individuals and public sector bodies, all benefit from Miles’ vast expertise. This comprises of twenty eight years in the property industry, ten of which were spent as the Head of Investment in Leeds for Lambert Smith Hampton, Donaldsons and Atis Real.
Memberships: Royal Institute of Chartered Surveyors
Education: Leicester Polytechnic, BSc Urban Estate Management,
Denstone College