General / Other News
Congratulations Callum!
We’re delighted that Callum has been promoted to Associate Partner. Congratulations.
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We’re delighted that Callum has been promoted to Associate Partner. Congratulations.
We are excited to welcome Peter Fraser to EYCO as a partner in the business space team.
Following 11 successful years heading up Avison Young’s Edinburgh agency team, Peter found the chance to work at EYCO too good to turn down. He can’t wait to get going with the rest of the team, Neil McConnachie, Neil Gordon and Amy Matteo.
If anyone is looking for agency or general property advice then he would be delighted to hear from you on pfraser@eyco.co.uk – while his mobile remains the same – 07702 759 149.
Congratulations to Ruari on successfully passing his APC and becoming our latest fully qualified surveyor. We are all delighted that all of his hard work has paid off and we are looking forward to seeing him develop at EYCO in the years to come.
Fantastic to see another great occupier join the line up at The Centre, Livingston with Starbucks opening in units 305A and 305B. So far this year the teams at EYCO and Savills have secured 12 new tenants to the scheme, including Starbucks, Rituals, Sostrene Grene and Hollywood Bowl Group Plc!
For more information on the scheme please contact Ali Rowe, Alexandra Campbell, Stuart AJ Moncur or Charlie Hall.
EYCO have been appointed by British Land as joint letting agent on three retail parks in Scotland, following the company’s acquisition of Inshes Retail Park, Inverness and Central Retail Park, Falkirk recently. British Land have also appointed EYCO on Inverness Shopping Park.
Ian Whelan, Managing Partner commented “We’re proud to be able to grow our relationship with British Land with these new appointments, which are in addition to existing instructions at Fort Kinnaird Shopping Centre, Edinburgh and Glasgow Fort. These are major retail assets and the appointments will allow us to better advise our client across their Scottish holdings”.
An exciting opportunity for a graduate to join one of Scotland’s market-leading commercial property consultancies as part of a structured training programme with a view to achieving career progression leading to professional status.
With offices in Edinburgh, Glasgow and London, our team has been immersed in the market for over 40 years, gaining an in-depth understanding of owners’ and occupiers’ requirements. Our retail agency team is currently active on 22 shopping centres and retail parks.
EYCO is looking for an outgoing, self-motivated individual with the enthusiasm, initiative and attention to detail to thrive within a fast paced environment.
Candidates should ideally have an RICS accredited degree or may already be working towards their APC with another firm. However we welcome graduates from all backgrounds who have an active interest in the property industry. The successful candidate must be available to start during 2025, with an exact start date to be agreed.
Want to join us?
Please send your CV and Cover Letter to acampbell@eyco.co.uk to apply for the role or for further details.
Retail, Hospitality & Leisure (RHL) in England are to get a permanent business rates reduction. Good news for most, but certainly not for everyone.
Before the election, the property headlines suggested that Labour would abolish business rates (although they didn’t actually say that). Labour haven’t done that, but RHL properties in England with a rateable value less than £500,000, are now promised a permanent discount on their non-domestic rates multiplier (from 2026/27) BUT to be paid for by a higher rates charge for properties with rateable values >£500,000. In the interim there will also be 40% relief for RHL properties in 2025/26, subject to a cap of £110,000 per business.
Whilst the Government narrative is that the distribution giants will be supplementing the High Street with higher rates contributions, the threshold of RV £500,000 will capture many supermarkets, retail park occupiers and high-end / large retail.
There will be consequential funding for Scotland, but previously the Scottish Government have failed to pass on any of the additional NDR reliefs awarded in England, particularly for the hospitality sector. The Scottish Government already have plans for a Supermarket rates levy so any suggestion of a further business rates multiplier supplement will be a concern. If the Scottish Government fail to pass this policy on, it will only create a wider divide and sense of unfairness amongst RHL occupiers .
Great coverage from Completely Retail on our relocated and improved office in Glasgow (204 West George Street). This Glasgow move and our recent new office opening in London marks an exciting period in the development of the EYCO business. We continue to go from strength to strength.
Welcome to Multrees Walk Edinburgh, Gucci! Lighting up an otherwise wet day in the capital city. And what a spectacular store!
Contact Ian Whelan at EYCO or our joint agent Peter Mace if you have any luxury requirements for Edinburgh.
The EYCO team will be at Stand 55 – please get in touch if you’d like to arrange a meeting.
Ian Whelan
Robert Farmer
Craig Wilson
Eric Lindgren
Kevin Hughes
Ali Rowe
Alexandra Campbell
Callum Keane
Hope to see you there!
EYCO are thrilled to announce the opening of a new office in the West End of London.
Managing Partner Ian Whelan commented:
“Our new London base will enhance our ability to provide clients with best-in-class advice and supplement our offices in Edinburgh and Glasgow. We understand the importance of being accessible to our clients and wider network and this move will help us to develop both existing and new relationships.
Patrick Over will be leading the London team having spent over a decade forging relationships in London and developing expertise in the UK commercial property investment sector with a particular focus on retail. All our team members are likely to be spending a lot more time in London and with a lot more ease as a result of our expansion.
We’re very excited for what the future holds!”
The EYCO London office is located at Mappin House, 4 Winsley Street, W1W 8HF.
Looking forward to another productive day at Completely Retail Marketplace! The EYCO team will be at Stand 55 – please get in touch if you’d like to arrange a meeting.
Ian Whelan
Robert Farmer
Craig Wilson
Eric Lindgren
Kevin Hughes
Ali Rowe
Alexandra Campbell
Callum Keane
See you there!