Focus deals

Bristol offices Bristol, Building 4b, Temple Gate, BS1 6PW Bristol,1 Victoria Street, BS1 6AA Rent £215.28 per m2 (£20.00 per sq ft) Rental £261,000 pa Total floorspace 2,795m2 (30,085 sq ft) Rent £142.62 per m2 (£13.25 per sq ft) Lease terms 20-year lease Total floorspace 1,830m2 (19,698 sq ft) Lessor Castlemore Securities Lease terms 10-year lease, five-year break Lessor’s agent Alder King Property Consultants (0117 317 1000) Lessor The Prudential Lessee Regus Business Centres Lessor’s agent GVA Grimley (0870 900 8990) Notes There is an undisclosed rent-free period Lessee William M Mercer Lessee’s agent DTZ Debenham Tie Leung (0117 900 4332) Notes 1 Victoria Street, formerly known as ICL House, has had a £1m refurbishment. The deal is for the ground, first and second floors. Bristol, 63 Queen Square,BS1 4JZ Bristol, St Lawrence House,29-31 Broad Street, BS1 2HF Rental £19,792 pa Rent £118.40 per m2 (£11.00 per sq ft) Total floorspace 230m2 (2,474 sq ft) Total floorspace 630m2 (6,780 sq ft) Lease terms Five-year lease Lease terms FRI 10-year lease, five-year break Lessor Warner Estates Lessor s Berkeley Eastoak Investment Lessor’s agent Weatherall Green & Smith (0117 984 8400) Lessor’s agent Edwards Hardwick & Partners (0117 922 1222) Lessor’s agent Alder King Property Consultants (0117 317 1000) Lessee Wall Street Investments Lessee Kaliba Lessee’s agent Lipfriend Dawson & Partners (0117 929 7676). Bristol Investment Bristol, 85 Broadmead, BS1 3DT Bristol, Century Place, Newfoundland Street, BS2 9AG Sale price £2.6m Sale price £2.85m Yield 4.64% Yield 9.95% Rental £130,000 pa Rental £298,581 pa Total floorspace 348m2 (3,750 sq ft) Total floorspace 3,314m2 (35,670 sq ft) Lease terms 12-year lease Vendor Argent Real Estate Vendor Clients of Deutsche Property Asset Management Vendor’s agent Alder King Property Consultants (0117 317 1000) Vendor’s agent Hartnell Taylor Cook (0117 923 9234) Vendor’s agent Hartnell Taylor Cook (0117 923 9234) Purchaser Clients of Royal London Asset Management Purchaser Phillips & Drew Fund Management Purchaser’s agent Carter Baynes (0117 929 0033) Purchaser’s agent Robertshaw March Jones (020 7491 0777) Lessee Signet Group Notes The building is multilet to five tenants. Fully let, income will rise to £355,319 pa. Notes The property has 116m2 (1,250 sq ft) sales area and 93m2 (1,000 sq ft) ancillary area. Bristol, Building 1400, Bristol Parkway North, Newbrick Road, Stoke Gifford, BS34 8YU Bristol, Merchants House, Wapping Road, BS1 4RW Sale price £2.9m Sale price £6.46m Yield 7.14% Yield 8.6% Rental £217,920 pa Rental £585,000 pa Total floorspace 1,265m2 (13,620 sq ft) Total floorspace 5,082m2 (54,700 sq ft) Lease terms 15-year lease Vendor Riskscan Vendor Crest Nicholson Properties Vendor’s agent Hartnell Taylor Cook (0117 923 9234) Vendor’s agent Hartnell Taylor Cook (0117 923 9234) Vendor’s agent Fuller Peiser (020 7499 8931) Purchaser The Eyre Estate Purchaser Bellborough Purchaser’s agent Cluttons (020 7735 9510) Purchaser’s agent Fletcher King (020 7493 8400). Lessee Gleeds Notes The property includes 72 car-parking spaces Bristol retail Bristol, Unit 8, Colston Tower, Colston Street, BS1 4XE Bristol, 329 Wells Road, BS4 2QB Rental £14,000 pa Rental £15,000 pa Total floorspace 69m2 (741 sq ft) Total floorspace 87m2 (934 sq ft) Lease terms Eight-year lease Lease terms FRI 10-year lease Lessor HSBC Bank Pension Trust (UK) Lessor James Hay Pension Trustees Lessor’s agent Alder King Property Consultants (0117 317 1000) Lessor’s agent Lipfriend Dawson & Partners (0117 929 7676) Lessee Adecco UK. Lessee St Peters Hospice Lessee’s agent Edwards Hardwick & Partners (0117 922 1222). Bristol, Unit 4, South Bristol Trade Park, Winterstoke Road, BS3 2NN Bristol Industrial Rent £94.20 per m2 (£8.75 per sq ft) Bristol, Unit 10 Newbridge Trading Estate, Whitby Road,BS4 4AX Total floorspace 541m2 (5,824 sq ft) Rental £40,000 pa Lease terms 15-year lease Rent £35.20 per m2 (£3.27 per sq ft) Lessor Terrace Hill Group Total floorspace 1,136m2 (12,223 sq ft) Lessor’s agent GVA Grimley (0870 900 8990) Lease terms Nine-year lease Lessor’s agent MacArthur Rees (0117 908 3350) Lessor SGB Services Lessee F&R Dunlop Services Lessor’s agent King Sturge (0117 927 6691) Lessee’s agent Westwood & Co (01788 570571) Lessee Bristol Environmental Sales & Services. Notes F&R Dunlop Services is trading as Tiles R Us. Bristol Industrial Bristol, Units D&E, 129 & 130 Albert Road, St Philips, BS2 0YA Bristol, Units 3-4, Wilverley Trading Estate, Bath Road, Brislington, BS4 5NL Rent £51.13 per m2 (£4.75 per sq ft) Rent £48.45 per m2 (£4.50 per sq ft) Total floorspace 775m2 (8,327 sq ft) Total floorspace 125m2 (1,346 sq ft) Lease terms FRI 10-year lease Lease terms Five-year lease Lessor Green Property Lessor Henderson Investors Lessor’s agent Alder King Property Consultants (0117 317 1000) Lessor’s agent Chesterton (0117 926 8347) Lessee Bristol Auto Electrical Lessee Taste Tech Bristol, 1250 Aztec West, Almondsbury, BS32 4SH Rental £10,100 pa Total floorspace 121m2 (1, 300 sq ft) Lease terms Eight-year lease Assignor SWEB Property Investments Assignor’s agent Alder King Property Consultants (0117 317 1000) Assignee Torch Telecom Assignee’s agent. Chesterton (0117 926 8347)