National deals round-up

Top contributors in the East of England industrial market (lettings and occupational sales) 01/01/21 to 07/06/21

Contributor

Space transacted (sq ft)

Bidwells 331,718
Eddisons 261,151

JLL

236,699
Carter Jonas 75,523
Lambert Smith Hampton 60,551
Cheffins 28,507
Roche Chartered Surveyors 20,766
Penn Commercial 19,675
Gerald Eve 18,320

This table is based on deals contributed to EG Radius as of 7 June 2021. For even more up-to-date figures across all regions and sectors plus the latest deals, view the Radius On-Demand Rankings.


FEATURED DEAL – INDUSTRIAL
CONTRIBUTED

Unit 20, Oak Field Road, Three Legged Cross, Wimborne BH21

  • Size: 1,851 sq ft (171 sq m)
  • Date of deal: 03/06/2021
  • Price: £359,000
  • Vendor: Ankers & Rawlings
  • Vendor’s agent: Lambert Smith Hampton
  • Purchaser: Willowisp

RETAIL

204 Old Christchurch Road, Bournemouth BH1 1PD

  • Size: 1,231 sq ft (114 sq m)
  • Date of deal: 14/05/2021
  • Rent: £18,000 pa, 15-year lease, five and 10-year rent review, six months rent free
  • Lessor’s agent: Ellis & Partners
  • Lessee: Kazoku Sushi

72 Hampstead High Street, London NW3 1QP

  • Size: 1,005 sq ft (93 sq m)
  • Date of deal: 01/06/2021
  • Rent: £75,000 pa, 10-year lease, five-year rent review, three months rent free
  • Lessor’s agent: DMA
  • Lessee: Yellow Korner

New Build Unit, Hampden Retail Park, Marshall Road, Eastbourne BN23 6QU

  • Size: 1,800 sq ft (167 sq m)
  • Date of deal: 06/05/2021
  • Rent: £85,000 pa, 15-year lease
  • Lessor’s agent: Savills
  • Lessee: Costa Coffee

OFFICE

The Pearson Building, Upper Parliament Street, Nottingham NG1 6AX

  • Size: 62,947 sq ft (5,848 sq m)
  • Date of deal: 24/05/2021
  • Price: £21,000,000, 6.69% NIY
  • Vendor: CBRE Global Investors
  • Vendor’s agent: JLL
  • Purchaser: Equitix Cheetah 2021

Third Floor, 112, George Street, Edinburgh EH2 4LH

  • Size: 796 sq ft (74 sq m)
  • Date of deal: 17/05/2021
  • Rent: £19,900 pa, five-year lease, three-year lease break, six months rent free
  • Lessor: Westerwood Properties
  • Lessor’s agent: Lambert Smith Hampton
  • Lessee: Civerinos

INDUSTRIAL

6 Centrus, Mead Lane, Herford SG13 7GX

  • Size: 14,949 sq ft (1,389 sq m)
  • Date of deal: 27/05/2021
  • Rent: £156,964 pa, 10-year lease, five-year rent review, seven-year break
  • Lessor: Hermes Fund Management
  • Lessor’s agent: Brasier Freeth & DTRE
  • Lessee: Sofa Club

6 Clifton Road, Cambridge CB1 7EA

  • Size: 4,821 sq ft (447 sq m)
  • Date of deal: 20/05/2021
  • Rent: £47,231 pa, three-year assignment
  • Lessor: Ridgeons
  • Lessor’s agent: Cheffins
  • Lessee: Gorilla’s Technologies

Freudenberg Hygeine UK, Ellistones Lane, Greetland, Elland HX4 8NH

  • Size: 28,287 sq ft (2,628 sq m)
  • Date of deal: 10/05/2021
  • Price: £1,375,000
  • Vendor: Freudenberg Performance Materials
  • Purchaser: Sonoco Alcore
  • Purchaser’s agent: Avison Young

Unit 3, Crewe Gates Industrial Estate, The Gateway, Crewe CW1 6YY

  • Size: 2,840 sq ft (264 sq m)
  • Date of deal: 29/04/2021
  • Rent: £18,500 pa, three-year lease
  • Lessor: Pinlee Investments
  • Lessor’s agent: Legat Owen
  • Lessee: Modern Milkman

Unit 8, Block 2, First Road, Glasgow G72 0ND

  • Size: 7,309 sq ft (679 sq m)
  • Date of deal: 12/05/2021
  • Price: £195,000
  • Vendor: Quadscot Holdings
  • Vendor’s agent: Knight Frank
  • Purchaser: D & E Products

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


Image © Lambert Smith Hampton