National deals round-up

Top contributors in the West End office market (lettings and occupational sales) 01/01/22 to 15/04/22

Contributor

Space transacted (sq ft)

CBRE

205,618

Cushman & Wakefield

90,016

Knight Frank

68,642

Edward Charles & Partners

65,847

BNP Paribas Real Estate

53,977

Colliers

44,170

Avison Young

38,885

BH2

37,119

Tuckerman Commercial

32,851

JLL

26,250

This table is based on deals contributed to EG Radius as of 15 April 2022. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


OFFICE

First Floor Offices, Unit 9, Station Approach, Wendover HP22 6BN (pictured)

  • Size: 902 sq ft (84 sq m)
  • Date of deal: 13/04/2022
  • Rent: £12,000 pa, three-year lease
  • Lessor: Vectec
  • Lessor’s agent: Duncan Bailey Kennedy
  • Lessee: Greenfingers Charity

1st Floor, 2 Fobury Place, Fobury Road, Reading RG1 3JH

  • Size: 22,616 sq ft (2,101 sq m)
  • Date of deal: 18/03/2022
  • Rent: £825,484 pa, 10-year lease
  • Lessor: M&G Real Estate
  • Lessor’s agent: CBRE
  • Lessee: Rapid7

Wilson House, Council Street West, Llandudno LL30 1ED

  • Size: 5,010 sq ft (465 sq m)
  • Date of deal: 29/03/2022
  • Rent: £25,000 pa, 10-year lease
  • Lessor: Watergate Properties (Ellesmere)
  • Lessor’s agent: Towler Shaw Roberts
  • Lessee: Probuild Construction (Llandudno)

RETAIL

Ground and Basement Floors, 73 Haverstock Hill, Belsize Park, London NW3 4SL

  • Size: 1,240 sq ft (115 sq m)
  • Date of deal: 11/04/2022
  • Rent: £57,000 pa, 15-year lease, rent reviews in years five and 10
  • Lessor’s agent: DMA
  • Lessee: Cinquecento Pizza
  • Lessee’s agent: Stonebrook London

Princess Square, 48 Buchanan Street, Glasgow G1 3JN

  • Size: 950 sq ft (88 sq m)
  • Date of deal: 23/03/2022
  • Rent: £40,000 pa, 10-year lease
  • Lessor: Redevco
  • Lessor’s agent: Savills
  • Lessee: Kurt Geiger

INDUSTRIAL

28 Fiddlebridge Industrial Centre, Hatfield AL10 0DE

  • Size: 412 sq ft (38 sq m)
  • Date of deal: 12/04/2022
  • Rent: £9,500 pa, three-year lease
  • Lessor: Welwyn Hatfield Borough Council
  • Lessor’s agent: Brasier Freeth
  • Lessee: Slowik Enterprises

Unit 3, Park Road Business Centre, Park Road, Bacup OL13 0BW

  • Size: 3,537 sq ft (329 sq m)
  • Date of deal: 06/04/2022
  • Rent: £27,482 pa, 10-year lease
  • Lessor: PSN Properties
  • Lessor’s agent: Taylor Weaver
  • Lessee: Screwfix Direct
  • Lessee’s agent: Colliers International

Unit 5, Ocean Trade Centre, Minto Avenue, Altens Industrial Estate, Aberdeen AB12 3JZ

  • Size: 4,885 sq ft (454 sq m)
  • Date of deal: 31/03/2022
  • Rent: £41,000 pa, 10-year lease, rent review and lease break after five years, six months rent free
  • Lessor: Standard Life Investments
  • Lessor’s agent: FG Burnett
  • Lessee: Window Supply Company

Unit 3, Wattville Road, Smethwick B66 2NU

  • Size: 2,478 sq ft (230 sq m)
  • Date of deal: 01/03/2022
  • Rent: £22,000 pa, three-year lease
  • Lessor’s agent: Siddall Jones
  • Lessee: Macedo Courier

Unit 5B, Hertford Way, York Road Industrial Estate, Malton YO17 6YG

  • Size: 3,791 sq ft (352 sq m)
  • Date of deal: 18/03/2022
  • Rent: £25,000 pa, 10-year lease
  • Lessor’s agent: Brackenridge Hanson Tate
  • Lessee: Motor Parts Direct

Units 6a/7a, Greenock Road, South Acton Trading Estate W3 8DU

  • Size: 921 sq ft (85 sq m)
  • Date of deal: 31/03/2022
  • Rent: £20,000 pa, five-year lease
  • Lessor’s agent: Whitman & Co
  • Lessee: Otto Scooter

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Photo © Duncan Bailey Kennedy