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National deals round-up

CARE HOME

Kings Cottage Nursing Home, Allendale Road, Hexham NE46 2NJ

Size: 8,320 sq ft (773 sq m)

Date: 11/08/2017

Price: £330,000

Vendor: RSM UK

Vendor’s agent: Lambert Smith Hampton

Purchaser: Betel UK

HEALTHCARE

24 Cherwell Drive, Marston, Oxford OX3 0LY

Size: 2,581 sq ft (240 sq m)

Date: 07/07/2017

Price: £700,000

Vendor’s agent: VSL & Partners

Purchaser: Oxford Cat Clinic

 

INDUSTRIAL

Unit 100, Ashville Park, Ashville Way, Wokingham RG41 2PL

Size: 16,340 sq ft (1,518 sq m)

Date: 19/07/2017

Rent: £171,500 pa, 10-year lease

Lessor: Columbia Threadneedle

Lessor’s agents: Campbell Gordon and Vail Williams

Lessee: Citizen UK

 

Unit 2, Droicon Trading Estate, Portway Road, Rowley Regis B65 9DB

Size: 3,061 sq ft (284 sq m)

Date: 14/08/2017

Rent: £15,500 pa, three-year lease, three months discounted rent (75% rent)

Lessor’s agent: Fisher German

Lessor: Adroit Group

Lessee: Craven Scaffolding

 

Unit 6, Parkwood Industrial Estate, Sheffield S3 9QY

Size: 7,000 sq ft (650 sq m)

Date: 01/08/2017

Rent: £32,000 pa, 10-year lease, break and rent review at year five, six months rent free

Lessor: The Bearing

Lessor’s agent: Campbell & Co

Lessee: Bang Tidy Clothing

 

Unit 7, Taurus Park, Europa Boulevard, Warrington WA5 7TP

Size: 4,988 sq ft (463 sq m)

Date: 02/08/2017

Rent: £32,422 per annum, 10- year lease, break at year five

Lessor’s agents: JLL, Knight Frank

Lessor: LaSalle Investment Management

Lessee: Habasit UK

LAND

Land at Stonehouse Road, Wigan WN5 0LE

Size: 0.3 Acres

Date: 25/08/2017

Price: £90,000

Vendor’s agent: Parkinson Commercial Property Consultants

Vendor: Errigal Developments

Purchaser: Missing Link

OFFICE

Ground (part), Peat House, 5 Stuart Street, Derby DE1 2EQ

Size: 2,665 sq ft (248 sq m)

Date: 22/08/2017

Rent: £28,000 pa, five-year lease

Lessor: Spoonbill

Lessors agent: Innes England

Lessee: Atlantic Projects

 

Unit 1B & 2B, London Road Industrial Estate, Langford Arch, Pampisford CB22 3FX

Size: 1,896 sq ft (176 sq m)

Date: 26/07/2017

Rent: £30,000 pa, seven-year lease, break and review after year four, five months rent free

Lessor’s agent: Carter Jonas

Lessor: Turnstone Estates

Lessee: Brand Recruitment

 

Unit 3, Waterfront 200, Raleigh Walk, Brigantine Place, Cardiff CF10 4LN

Size: 655 sq ft (61 sq m)

Date: 15/08/2017

Rent: £7,205 pa, five-year lease

Lessor’s agents: Alder King, Jenkins Best

Lessee: Evolve Worldwide

RETAIL

122 Buchanan Street, Glasgow G1 2ER

Size: 917 sq ft (85 sq m)

Date: 23/08/2017

Rent: £187,500 pa, 10-year lease

Lessor: Royal London Asset Management

Lessor’s agent: CBRE

Lessee: Scribbler

 

4 Cornmarket Street, Oxford OX1 3EX

Size: 837 sq ft (78 sq m)

Date: 16/06/2017

Rent: £106,000 pa, 15-year lease

Lessor’s agent: VSL and Partners

Lessor: Devonshire Metro

Lessee: West Cornwall Pasty Co

 

5-7 Kirk Wynd, Falkirk FK1 1LZ

Size: 1,513 sq ft (141 sq m)

Date: 15/08/2017

Rent: £17,000 pa, five-year lease, one month rent free

Lessor: N & S Property Company

Lessor’s agents: Graham & Sibbald and Gerald Eve

Lessee: K & Q Retail

 

Old Fire Station, Hales Street, Coventry CV1 1JA

Size: 3,439 sq ft (319 sq m)

Date: 21/07/2017

Rent: £60,000 pa, 20-year lease

Lessor’s agent: Bromwich Hardy

Lessor: Coventry City Council

Lessee: Howdeez

 

Unit 4, The Malls, Churchill Way, Basingstoke RG21 7AW

Size: 4,102 sq ft (381 sq m)

Date: 14/07/2017

Rent: £93,500 pa, £93 per sq ft ITZA, 10-year lease, two months rent free

Lessor: Basingstoke & Dean Borough Council

Lessor’s agent: Hartnell Taylor Cook

Lessee: Bonmarché

 

Unit A & B, Bourne Way Retail Park, Southampton Road, Salisbury SP1 2LE

Size: 10,375 sq ft (964 sq m)

Date of deal: 01/08/2017

Price: £3,156,000, NIY 6.21%; rental income £208,389 pa

Vendor’s agent: Alder King

Vendor: Rowe Estates (UK)

Purchaser’s agent: Lambert Smith Hampton

Purchaser: Hargreaves Group


EG’s Most Active Agent competition winners

Gloucestershire

1. Alder King

2. KBW

3. Savills

4. Colliers International

5. ASH & Co

Dealmaker – Adrian Rowley, Alder King Property Consultants

“The Gloucestershire commercial property market has continued to perform well over the past 12 months. There has been strong occupier demand in most property sectors and together with the supply of space, significant rental and capital growth has been achieved. The lack of stock has also resulted in a high level of development and pre-commitment activity.”

To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals

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