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.

BUILDING GREAT

PARTNERSHIPS THAT LAST

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.

PROPERTY INVESTMENT

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.

YOUR PARTNER

IN ASSET MANAGEMENT

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.

PROFESSIONAL SERVICES

AT YOUR SERVICE

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.

TRACK RECORD

Kirklees PCT

Dyson Wood Way,
Bradley Business Park,
Huddersfield
HD2 1GZ

ACQUIRED

Newey & Eyre

King Alfred Way,
Battledown Trading Estate,
Cheltenham

ACQUIRED

CASE STUDIES

WEST PARK VILLAGE
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DARLINGTON - SALE

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

CROMPTON RETAIL PARK
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WHEATLEY HALL ROAD, DONCASTER, DN2 4NB - ACQUISITION

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

SIEMENS PLC
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TEAL PARK, LINCOLN – ACQUISITION & SALE

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

RIVERSIDE EAST
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2 MILLSANDS, RIVERSIDE EXCHANGE, SHEFFIELD, S3 8DT - ACQUISITION

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

COMMERICAL STREET
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& JAIL YARD PARADE, ROTHWELL, LS26 OAF - ACQUISITION

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

ASDA SUPERMARKET
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SALTBURN LANE, SKELTON, EAST CLEVELAND - SALE

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

chris@rypartnership.co.uk

Mobile Number

07793526419

Direct Dial

0113 426 3432

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

miles@rypartnership.co.uk

Mobile Number

07841804752

Direct Dial

0113 426 3433