Montagu Evans Industrial Investment team:
Tom Paton-Smith, Josh Boreham, Will Irving and Henry Ellis
Overview
Our investment team combines deep market knowledge with cutting-edge insights from our complementary service lines, giving us a clear advantage in the capital markets. This expertise allows us to stay ahead of evolving trends and align with the most forward-thinking client strategies.
We use this unique perspective to develop tailored marketing strategies that drive successful development funding and investment disposals. Our approach is built on rigorous due diligence and robust financial modelling, ensuring every opportunity is thoroughly assessed. With a focus on precision and insight, we help our clients make informed decisions that maximise value and minimise risk.
See a selection of our Industrial Investment case studies below:
Sovereign Park, Park Royal
Montagu Evans advised Crossbay on the acquisition of the freehold interest of Unit 24, Sovereign Park, Park Royal.
The unit comprised a 24,482 sq ft detached industrial unit on a 1-acre site. The asset is currently undergoing extensive refurbishment to provide a highly specified and sustainable unit.
The property was acquired for £7,550,000.
Zooplus, Coventry
Montagu Evans advised Clarion Logistics Fund on the acquisition of the Zooplus distribution centre located on Middlemarch Business Park, Coventry.
The unit comprised a 208,000 sq ft, BREEAM ‘Very Good’ industrial unit on a 12.7-acre site. This was Clarion’s first purchase for a new UK-only logistics fund where BlackRock’s UK Property Fund were the Vendor.
The property was acquired for £28,500,000 in January 2024 reflecting a net initial yield of 4.25%, a reversionary yield of 6.66% and a capital value of £137 psf.
Evri, Farnborough
Montagu Evans advised Crossbay on the acquisition of 1 Apollo Rise on Southwood Business Park, Farnborough.
The Unit comprised a 40,740 sq ft industrial unit on a 2.52 acre site, and was single let to Evri on a short-term lease.
The site has subsequently been renamed Areo 50 and refurbished and to Grade A logistic space within a highly favourable catchment where high-quality last-mile facilities are in short supply.
The property was acquired for £7,300,000 reflecting a net initial yield of 8.50% and a capital value of £180 psf.
WALTHAM CROSS, waltham abbey
Montagu Evans advised Qualis on the disposal of Waltham Connect in Waltham Abbey.
The site is a brand-new industrial scheme of 4 units between 5,958 sq ft to 10,157 sq ft. and totalling 32,750 sq ft NIA. The development will achieve BREEAM ‘Very Good’ and EPC A+ certifications.
The site was acquired for £10,350,000 in December 2024.
Watford Business Centre, Watford
Montagu Evans advised Crossbay on the purchase of Watford Business Centre, Watford.
An exciting inner M25 acquisition for the client with 9 units let to 6 tenants with a total GIA of 164,870 sq ft which is well located in a heavily undersupplied submarket.
The property was acquired for £33,750,000 reflecting a net initial yield of 4.51%, a reversionary yield of 7.58% and a capital value of £205 psf.
Concordia, Ashford
Montagu Evans advised Clipstone on the Freehold acquisition of Shackelton House in Ashford.
The 25,657 sq ft industrial unit was singe let to Concordia International until 2025. The unit was highly desirable given its close proximity to Junction 1 of the M3 and Heathrow Airport. The unit was specifically designed to meet the needs of an airport-related occupier.
The property was acquired in August 2022 for £8,650,000 reflecting a net initial yield of 3.87% NIY, a reversionary yield of 5.28% and a capital value of £387 psf.
Arrow Trading Estate, manchester
Montagu Evans advised ICG and Marchmont on the freehold acquisition of Arrow Trading Estate in Manchester.
The estate comprises of 219,303 sq ft on a 12.71 acre site with 10 units under 10,000 sq ft and 3 units that are over 30,000 sq ft. The Estate has a long and well-established community of businesses situated just 6 miles from the centre of Manchester.
The property was acquired for £12,500,000 million reflecting a net initial yield of 7.76%, a reversionary yield of 9.85% and a capital value of £57 psf.
Longmead Industrial Estate, Epsom
Montagu Evans advised ICG on the purchase of Unit 2, Longmead Industrial Estate in Epsom.
The unit was single let to Ford Retail limited with a term certain of approximate 12 years to expiry.
The site was acquired for £11,530,000 in January 2025 reflecting a net initial yield of 4.69%, reversionary to 7.59% and a capital value of £315 psf.
Cardiff and Norwich warehouse/car showrooms
Montagu Evans advised Camden Ventures on the disposal of two car showrooms in Cardiff and Norwich.
The Cardiff asset, totalling 51,189 sq ft (GIA), was single let to Sytner Select providing a term certain of approximately 6 years term certain. The Norwich asset, totalling 30,879 sq ft (GIA), was single let to Car Shops Limited also providing a term certain of approximately 6 years.
Arnold Clark bought both sites in January 2025 for £11,725,000 reflecting a net initial yield of 7.48% and a capital value of £142 psf.
