National deals round-up

EG’s Most Active Agent competition winner

West Scotland and the Highlands

1 Shepherd Commercial
2 Savills
3 CBRE
4 Colliers International
5= JLL
5= Gerald Eve

Dealmaker – Neil Calder (Shepherd Commercial)

“These regional awards mean a great deal to us as a national business and help us to continue cementing Shepherd’s presence as market leader across Scotland. It’s testament to the ongoing hard work of the whole team, ensuring that we have continued our winning streak.

“Post-lockdown, the commercial property sector has responded quickly in the Highlands, and we are currently witnessing increasing levels of interest and activity within the acquisitions and disposals market.”


INDUSTRIAL

87 Calder Street, Whifflet, Coatbridge ML5 4EY

  • Size: 14,497 sq ft (1,347 sq m)
  • Date of deal: 24/07/2020
  • Price: £8.6m, 6.9% yield
  • Vendor’s agent: Smolka Strachan
  • Purchaser: JCAM Investments
  • Purchaser’s agent: CKD Galbraith

Unit 14, Bankhead Drive, City South Business Park, Portlethen AB12 4XX

  • Size: 1,250 sq ft (116 sq m)
  • Date of deal: 04/08/2020
  • Rent: £16,250 pa, three-year lease
  • Lessor: GT Storage Solutions
  • Lessor’s agent: Knight Frank
  • Lessee: Sign Designs
  • Lessee’s agent: AB Robb

Unit 3, Chestnut Business Park, Smallshaw Lane, Burnley BB11 5SQ

  • Size: 13,045 sq ft (1,212 sq m)
  • Date of deal: 15/07/2020
  • Rent: £43,337.75 pa, three-year lease
  • Lessor’s agent: White Acres
  • Lessee: Right Deals UK

Unit 4, 17 Pony Road, Horspath Trading Estate, Oxford OX26 2RD

  • Size: 1,685 sq ft (156 sq m)
  • Date of deal: 08/07/2020
  • Rent: £19,000 pa, five-year lease
  • Lessor: Manx Ventures
  • Lessor’s agent: VSL & Partners
  • Lessee: Seacourt

Unit 8, Northend Trading Estate, Northend Road, Erith DA8 3PP

  • Size: 1,446 sq ft (134 sq m)
  • Date of deal: 01/07/2020
  • Rent: £17,500 pa, five-year lease, three months rent free
  • Lessor: IPIF
  • Lessee: Grosik Online

Units 1-2, Engineer Park, Babbage Road, Sandycroft CH5 2QD

  • Size: 20,000 sq ft (1,858 sq m)
  • Date of deal: 06/07/2020
  • Rent: £75,500 pa, two-year lease, one month rent free
  • Lessor: Dresler Smith
  • Lessor’s agent: Legat Owen
  • Lessee: Unwasted

OFFICE

Ground and first floor, Unit 1, Station Court, Station Road, Great Shelford CB22 5NE

  • Size: 1,015 sq ft (94 sq m)
  • Date of deal: 07/08/2020
  • Rent: £25,000 pa, five-year lease
  • Lessor’s agent: Cheffins
  • Lessee: Compliance Training

The Lumen, Newcastle Helix, St James’ Boulevard, Newcastle upon Tyne NE4 5BZ

  • Size: 19,310 sq ft (1,794 sq m)
  • Date of deal: 19/06/2020
  • Rent: £502,060 pa, 10-year lease, five-year break
  • Lessor: Newcastle City Council
  • Lessor’s agents: Cushman & Wakefield and Avison Young Commercial Real Estate
  • Lessee: Homes England
  • Lessee’s agent: Avison Young Commercial Real Estate

RETAIL

12 Market Lane, Barton upon Humber DN18 5DE

  • Size: 6,109 sq ft (568 sq m)
  • Date of deal: 11/08/2020
  • Price: £1.25m, 6.6% yield
  • Vendor’s agent: Banks Long & Co
  • Purchaser: Value & Income Trust

Unit 16, Rainham Shopping Centre, Gillingham ME8 7HW

  • Size: 1,162 sq ft (108 sq m)
  • Date of deal: 15/07/2020
  • Rent: £19,000 pa, five-year lease, six months rent free
  • Lessor: Zurich Assurance
  • Lessee: Tick Tocks Coffee & Kitchen
  • Lessee’s agent: Cradick Retail

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