National deals round-up

EG’s Most Active Agent competition winner

East Scotland

1 Shepherd Commercial
2 Ryden
3 FG Burnett
4 Westport Property
5 Savills

Dealmaker – Fergus McDonald (Westport Property)

“I am delighted to have won EG’s dealmaker for East of Scotland 2020 award.

“2019 and the early part of this year have been a very busy period across Tayside, particularly the demand for good quality smaller industrial stock. Post-lockdown, this sector continues to outperform expectations and is likely to remain resilient, with local developers bringing forward much needed new speculative development.

“The outlook for the office and retail markets will undoubtedly be influenced significantly by the current pandemic and we are expecting dramatic changes on our high streets and in our city centres. These sectors will have to adapt in order to recover strongly out of the pandemic.”


OFFICE

128A Green Lane, Derby DE1 1RY

  • Size: 1,263 sq ft (117.34 sq m)
  • Date of deal: 01/07/2020
  • Rent: £14,500 pa, 25-year lease, five yearly upward only rent reviews
  • Lessor: City Properties
  • Lessor’s agent: BB&J Commercial
  • Lessee: Derby Child Contact Centre

2nd Floor, 1-4 Beresford Square, Woolwich SE18 6BB

  • Size: 7,546 sq ft (701 sq m)
  • Date of deal: 05/07/2020
  • Rent: £23,000 pa, five-year lease, three months rent free
  • Lessor’s agent: Cradick Retail
  • Lessee: City College of London

5 Central Park, Ohio Avenue, Salford Quays M50 2GT

  • Size: 25,568 sq ft (2,375 sq m)
  • Date of deal: 08/07/2020
  • Rent: £370,736 pa, 10-year lease
  • Lessor: Peel Land & Property
  • Lessor’s agent: CBRE & Edwards & Co
  • Lessee: Marlow Fire & Security

7400 Oxford Business Park, Oxford OX4 2JZ

  • Size: 3,578 sq ft (332 sq m)
  • Date of deal: 01/06/2020
  • Rent: £89,450 pa 10-year lease, 12 months rent free
  • Lessor: Arlington
  • Lessor’s agent: VSL and Partners
  • Lessee: Green Square Group

RETAIL

Unit 23, Westhill Shopping Centre, Westhill AB32 6RL

  • Size: 2,036 sq ft (189 sq m)
  • Date of deal: 18/06/2020
  • Rent: £45,000 pa, 15-year lease
  • Lessor: St James Place Property Unit Trust
  • Lessor’s agent: FG Burnett
  • Lessee: Foodstore

INDUSTRIAL

11 Saracen Industrial Estate, Mark Road, Hemel Hempstead HP2 7BJ

  • Size: 3,482 sq ft (323 sq m)
  • Date of deal: 10/07/2020
  • Rent: £45,911 pa, five-year lease
  • Lessor: Hermes Investment Management
  • Lessor’s agent: Brasier Freeth
  • Lessee: UCC Coffee UK

Parcelforce Warehouse, Magna 34 Business Park, Temple Close, Rotherham S60 1FH

  • Size: 151,000 sq ft (14,028 sq m)
  • Date of deal: 21/07/2020
  • Price: £13,300,000
  • Purchaser: InfraRed Urban Logistics Fund
  • Puchaser’s agents: Commercial Property Partners & Malcolm Hollis

Unit 3, Riverside Drive, Mayo Avenue, Dundee DD2 1XD

  • Size: 1,511 sq ft (140 sq m)
  • Date of deal: 09/06/2020
  • Rent: £8,500 pa, one-year lease
  • Lessor’s agent: Westport Property
  • Lessee: Area Code Logistics International

Unit 7 Sandford Lane, Wareham BH20 4WD

  • Size: 3,391 sq ft (315 sq m)
  • Date of deal: 01/07/2020
  • Rent: £20,600 pa, four-year and 11 month lease
  • Lessor’s agent: Ellis & Partners
  • Lessee: Hospitality Hire

To submit your deals, please e-mail deals@egi.co.uk