Property: Travelodge, Meadowhall, Travelodge
Transaction: Acquisition
Client: Private Pension Fund
Date: January 2024
Price: c. £7m, 8.25% EY
Comments: 20 years of RPI linked income
Property: Hunter Douglas, Glaisdale Parkway, Nottingham
Transaction: Acquisition
Client: European Fund
Date: June 2023
Price: c. £9.5m / £75psf
Comments: UK HQ Distribution for major retailer
Property: Conge, 19 Don Road, Sheffield S9 2UD
Transaction: Acquisition
Client: European Fund
Date: June 2023
Price: c. £5.5m
Comments: An industrial premises well secured for c 14 years
Below is a list of some of the projects completed by Peter Pain whilst at AGL, prior to founding Upper Street
Property: 30-34 Northgate Street, Chester
Transaction: Acquisition
Client: Private Investor
Date: July 2022
Price: £1.86m, 10% NIY
Comments: A prime high street investment, predominantly let to Superdrug for over 8 years
Peter undertook this transaction during his time as a Director of AGL, prior to founding Upper Street.
Property: 108-120 The Promenade, Cheltenham
Transaction: Disposal
Client: Columbia Threadneedle
Date: June 2022
Price: £3.5m, 11% NIY
Comments: A parade of three retail units, two let for just over a year
Peter undertook this transaction during his time as a Director of AGL, prior to founding Upper Street.
Property: Charlotte Terrace, Hammersmith Road, London W14
Transaction: Acquisition
Client: Picton REIT
Date: May 2022
Price: ￡13.71m / 3.34% / ￡417 psf
Comments: Mixed office and retail investment requiring re-positioning
Peter undertook this transaction during his time as a Director of AGL, prior to founding Upper Street.
Property: Jewson, Godstone Road, Kenley, Croydon
Transaction: Sale
Client: Columbia Threadneedle
Date: November 2021
Price: ￡4.265m, 4% NIY
Comments: A trade counter investment let to Jewsons for just under 8 years
Peter undertook this transaction during his time as a Director of AGL, prior to founding Upper Street.
Property: Jewson, Platts Close, Spalding
Transaction: Sale
Client: Columbia Threadneedle
Date: October 2021
Price: ￡4m, 4.2% NIY rising to 4.85%
Comments: A trade counter investment let to Jewsons for just under 10 years
Peter undertook this transaction during his time as a Director of AGL, prior to founding Upper Street.
Property: Madleaze Trading Estate, Gloucester
Transaction: Acquisition
Client: Picton REIT
Date: September 2021
Price: ￡13.35m, 6.1% NIY and a capital value of just ￡44 psf
Comments: A multi-let industrial estate totalling c.300,000 sq ft in Gloucester
Peter undertook this transaction during his time as a Director of AGL, prior to founding Upper Street.
