National deals round-up

The latest deals from around the country…

INDUSTRIAL

D1 & D2, Southglade Business Park, Hucknall Road, Nottingham NG5 9RA

  • Size: 3,708 sq ft (344 sq m)
  • Date of deal: 10/12/2021
  • Rent: £26,000 pa, five-year lease
  • Lessor: DSK (Nottingham)
  • Lessor’s agent: FHP Property Consultants
  • Lessee: Shareware Clothing Scheme

L108, Liberty Park, Montague Road, Widnes WA8 8FZ

  • Size: 108,091 sq ft (10,042 sq m)
  • Date of deal: 30/11/2021
  • Rent: £702,591 pa, 10-year lease
  • Lessor: Prologis
  • Lessor’s agents: Avison Young & DTRE
  • Lessee: Intertape Packaging

Unit 112, Rivermead Business Park, Rivermead Drive, Swindon SN5 7EX

  • Size: 817 sq ft (76 sq ft)
  • Date of deal: 01/12/2021
  • Rent: £7,500 pa, 10-year lease
  • Lessor: Cordatus Property
  • Lessor’s agent: Alder King
  • Lessee: Kennedy Distilling

OFFICE

1st Floor, 24 Station Road, Watford WD17 1ER

  • Size: 1,164 sq ft (108 sq m)
  • Date of deal: 09/12/2021
  • Rent: £27,000 pa, five-year lease
  • Lessor’s agent: Stimpsons Consultant Surveyors
  • Lessee: Ginger Promotions

8 Nelson Mandela Pl, Glasgow G2 1BT

  • Size: 4,494 sq ft (417 sq m)
  • Date of deal: 13/12/2021
  • Rent: £67,410 pa, five-year lease
  • Lessor: Topland
  • Lessor’s agents: Knight Frank and Ryden
  • Lessee: Waterman Group

Toronto Square, Toronto Street, Leeds LS1 2HJ

  • Size: 87,441 sq ft (8,124 sq m)
  • Date of deal: 31/12/2021
  • Price: £34,750,000, 5.93% NIY
  • Vendor: Toronto Square Investments
  • Vendor’s agent: JLL
  • Purchaser: Grosvenor OEI

Unit 10, 1 Luke Street, London EC2A 4PX

  • Size: 508 sq ft (47 sq m)
  • Date of deal: 10/12/2021
  • Rent: £23,500 pa, two-year lease
  • Lessor: Gelsomnia Holdings
  • Lessor’s agent: Stirling Ackroyd
  • Lessee: Mariel Irvine Solicitors

RETAIL

First Floor, 3 Labour In Vain Yard, Norwich NR2 1JD (pictured)

  • Size: 998 sq ft (93 sq m)
  • Date of deal: 05/01/2022
  • Rent: £30,000 pa, six-year lease
  • Lessor: Property Partnerships (Isle of Man)
  • Lessor’s agent: Bidwells
  • Lessee: Get Walls

168 Arbroath Road, Dundee DD4 7PY

  • Size: 2,240 sq ft (208 sq m)
  • Date of deal: 29/12/2021
  • Rent: £24,000 pa, 10-year lease, 18-month and six-year lease breaks, five months rent free
  • Lessor: Sava Estates
  • Lessor’s agent: Shepherd Commercial
  • Lessee: Salon Fierce

2 The Parade, Desborough Avenue, High Wycombe HP11 2TP

  • Size: 467 sq ft (43 sq m)
  • Date of deal: 26/11/2021
  • Rent: £11,000 pa, 10-year lease
  • Lessor: H&D Redman
  • Lessor’s agent: Duncan Bailey Kennedy
  • Lessee: Vegaburger

95-97 Mount Pleasant Road, Tunbridge Wells TN1 1QG

  • Size: 13,161 sq ft (1,222 sq m)
  • Date of deal: 10/12/2021
  • Rent: £100,000 pa, five-year lease,
    six months rent free
  • Lessor’s agents: DMA and Cradick Retail
  • Lessee: The Cotswold Company
  • Lessee’s agent: McMullen Real Estate

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Photo © Bidwells