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As retail and business space specialists, we are one of the most active and progressive firms of Scottish based Chartered Surveyors and property consultants. This section brings you some of our latest deals news from across the UK.

4th November 2024

General / Other News

We are on the hunt for a graduate surveyor to join our team in 2025 

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.

Contact Alexandra Campbell
30th October 2024

Rating Consultancy / Other News

Autumn Budget Statement – 2024 – Our Hot Take

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 .

Contact Craig Wilson
28th October 2024

General / Other News

New and improved Glasgow office

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.

 

Contact Ian Whelan
21st September 2024

High Street / Retail Deals

Gucci opens in Multrees Walk

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.

Contact Ian Whelan
17th September 2024

General / Other News

EYCO opens London Office

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.

Contact Patrick Over
3rd September 2024

Retail Representation / Retail Deals

Requirement for Sites

Bayne’s the Family Bakers is Scotland’s largest independent retail baker, with 68 shops, established in 1954.
They are looking for opportunities to expand in high traffic locations with a preference to buy.

Full details in the image above or contact Ali Rowe at EYCO.

Contact Alastair Rowe
28th August 2024

Retail Representation / Retail Deals

Tesco grows for the future

Tesco is looking for opportunities to grow its convenience store offer and is inviting landlords, land owners and developers with potential sites to get in touch.

·   Leasehold / freehold sites across Scotland
·   3,000 sq ft to 10,000 sq ft gross
·   Existing units and development sites considered
·   Neighbourhood and new housing areas
·   High street / prime pitches with strong adjacencies / footfall
·   High visibility sites
·   Local centres with good high affluent catchments, transport hubs & student locations
·   Parking preferred but not essential

Please provide details to either Eric Lindgren at EYCO or Nick Farrell.

Contact Eric Lindgren
27th August 2024

General / Other News

Summer in Edinburgh

One of the added benefits of having an office in Edinburgh is our day out, embracing The Fringe. Great meal to kick us off with our friends at Paolozzi.

Contact Ian Whelan
25th July 2024

Shopping Centres / Retail Deals

Welcome to Michael Kors

Another new opening this week at Multrees Walk, Edinburgh’s luxury shopping destination. Welcome to Michael Kors who opened their relocated and extended store this week. Looks fantastic!


Contact Ian Whelan at EYCO or our joint agent Peter Mace if you have any luxury requirements for Edinburgh. A pleasure dealing with Michela Bortignon on this transaction.

Contact Ian Whelan
25th July 2024

High Street / Retail Deals

M&S opens in Stockbridge

An eagerly awaited visit to Stockbridge this morning to see the new M&S Food open! There was a buzz in the air and it doesn’t disappoint with an impressive and high-quality shop-fit.

Congratulations to our client The Explorer Group on a fantastic store – which we acquired on their behalf.

Big thanks to Hamish Rankin (currently on holiday sunning himself!) and their solicitor Jennifer Laurie for their perseverance to push it over the line, together with the wider project team including Nicky Chow and Craig Eadie.

Thanks also to Andy Bain who acted on behalf of the landlord.

We remain on the hunt for new stores in Scottish cities. If you have any opportunities which you think may be of interest please get in touch with Callum Keane at EYCO on 07714 569 190 or email ckeane@eyco.co.uk.

Contact Callum Keane