National deals round-up

Top contributors in the South East retail market (lettings and occupational sales) 

This table is based on deals contributed to EG Radius as of 21 July 2023. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.

RETAIL

27 Swindon Road, Cheltenham GL50 4DF (pictured)

• Size: 8,300 sq ft (771 sq m)
• Date of deal: 20/07/2023
• Rent: £100,000 pa, 10-year lease
• Lessor: Lidl
• Lessor’s agent: KBW Chartered Surveyors
• Lessee: Gateway to FMA

18A Heathcoat Street, Nottingham NG1 3AA

• Size: 715 sq ft (66 sq m)
• Date of deal: 07/07/2023
• Rent: £16,000 pa, 10-year lease, three months rent free
• Lessor’s agent: HEB Property Consultants
• Lessee: Effy Stores

222-224 Borough High Street, London SE1 1JX

• Size: 2,148 sq ft (200 sq m)
• Date of deal: 12/07/2023
• Rent: £70,000 pa, 15-year lease, upward-only five-yearly rent reviews, 12 months rent free
• Lessor’s agent: DMA
• Lessee: German Doner Kebab
• Lessee’s agent: McKinnon Nelson

Unit 5a, The Oracle, Reading RG1 2AH

• Size: 3,422 sq ft (318 sq m)
• Date of deal: 10/07/2023
• Rent: £150,000 pa, 10-year lease
• Lessor: Hammerson
• Lessee: Office Holdings
• Lessee’s agent: CBRE

INDUSTRIAL

Centro Trading Estate, Boundary Way, Hemel Hempstead HP2 7SU

• Size: 16,000 sq ft (1,486 sq m)
• Date of deal: 22/06/2023
• Rent: £272,000 pa, 15-year lease
• Lessor: Orchard Street Investment Management
• Lessor’s agent: Adroit Real Estate Advisors
• Lessee: HEL Group

Unit 20, Newbridge Industrial Estate, Cliftonhall Road, Newbridge EH28 8PJ

• Size: 9,457 sq ft (878 sq m)
• Date of deal: 27/06/2023
• Rent: £64,402 pa, 20-year lease
• Lessor: Knowe Properties
• Lessor’s agent: Colliers International
• Lessee: Screwfix Direct

Units 3 & 4, Klinger Industrial Park, Edgington Way, Sidcup, London DA14 5AH

• Size: 21,883 sq ft (2,033 sq m)
• Date of deal: 12/07/2023
• Rent: £333,715 pa, 10-year lease
• Lessor: Prudential Assurance
• Lessor’s agent: Colliers International
• Lessee: Pyramid Display Materials

LEISURE

Unit 2, Newport Leisure Park, Seven Stiles Avenue, Newport NP19 4QR

• Size: 19,616 sq ft (1,822 sq m)
• Date of deal: 12/07/2023
• Rent: £215,000 pa, 10-year lease
• Lessor: Monmouthshire County Council
• Lessor’s agent: Alder King
• Lessee: Innoflate

OFFICE

12 Greek Street, Leeds LS1 5RU

• Size: 23,962 sq ft (2,226 sq m)
• Date of deal: 23/06/2023
• Price: £6.4m
• Vendor: Ricsion
• Vendor’s agent: Knight Frank
• Purchaser: New Property Ventures

Room 1, 1st Floor, Nantwich Court, Hospital Street, Nantwich CW5 5RH

• Size: 1,388 sq ft (129 sq m)
• Date of deal: 01/07/2023
• Rent: £23,500 pa, lease for three years and four months
• Lessor: Lamont
• Lessor’s agent: Legat Owen
• Lessee: Arabella

Suite 1, Castle Business Park, Lomond Court, Stirling FK9 4TU

• Size: 1,231 sq ft (114 sq m)
• Date of deal: 10/07/2023
• Rent: £15,695 pa, five-year lease
• Lessor: Scarborough Group
• Lessor’s agent: JLL
• Lessee: Laser Vision Scotland

To feature in the EG Radius On-Demand Rankings, please call 0845 308 8811

Photo © KBW Chartered Surveyors