National deals round-up

Top contributors in the Scottish office market (lettings and occupational sales) 01/01/22 to 25/04/22

Contributor

Space transacted (sq ft)

CBRE

228,605

JLL

89,487

Savills

54,784

Avison Young

42,484

Knight Frank

35,048

Graham + Sibbald

19,646

Devono Property

10,515

Lambert Smith Hampton

9,005

Cushman & Wakefield

4,774

GM Brown Property Consultants

3,102

This table is based on deals contributed to EG Radius as of 25 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

Ground and First Floors, Kirkham House, John Comyn Drive, Worcester WR3 7NS (pictured)

  • Size: 10,172 sq ft (945 sq m)
  • Date of deal: 26/04/2022
  • Rent: £152,580 pa, 10-year lease
  • Lessor: Perdiswell Millenium Park
  • Lessor’s agent: Avison Young
  • Lessee: NHS

3 Lion Yard, London SW4 7NQ

  • Size: 680 sq ft (63 sq m)
  • Date of deal: 01/03/2022
  • Rent: £17,000 pa, four-year lease
  • Lessor’s agent: Houston Lawrence
  • Lessee: Aura Homes

Pinewood Suite, Orbital House, Peel Park, Redwood Crescent, East Kilbride G74 5PR

  • Size: 2,682 sq ft (249 sq m)
  • Date of deal: 01/04/2022
  • Rent: £26,820 pa, five-year lease
  • Lessor: Orbital House Investments
  • Lessor’s agent: CBRE
  • Lessee: Claremont Office Furniture

RETAIL

29-31 Carr Street, Ipswich IP4 1HA

  • Size: 4,826 sq ft (448 sq m)
  • Date of deal: 08/04/2022
  • Rent: £30,000 pa, five-year lease
  • Lessor: Sheet Anchor Evolve (London)
  • Lessor’s agent: Penn Commercial
  • Lessee: Hadleigh Foodbank

Car Showroom, 396 Wellington Road North, Heaton Chapel SK4 5AD

  • Size: 15,641 sq ft (1,453 sq m)
  • Date of deal: 09/02/2022
  • Price: £2.35m, 6.37% net initial yield
  • Vendor: NSN Wellington
  • Vendor’s agent: WT Gunson
  • Purchaser: MSA Business Developments
  • Purchaser’s agent: JLL

Mill Parade, Church Road, Bishop’s Cleeve GL52 8LR

  • Size: 598 sq ft (56 sq m)
  • Date of deal: 30/03/2022
  • Rent: £19,050 pa, 10-year lease
  • Lessor’s agent: KBW Chartered Surveyors
  • Lessee: The Cleeve Bookshop

INDUSTRIAL

107-111 John Street, Sheffield S2 4QX

  • Size: 6,090 sq ft (566 sq m)
  • Date of deal: 01/04/2022
  • Rent: £30,000 pa, three-year lease
  • Lessor’s agent: Colloco
  • Lessee: K26 Cars

Unit 1, Zodiac Park, West Drayton UB7 2GU

  • Size: 31,577 sq ft (2,933 sq m)
  • Date of deal: 29/03/2022
  • Rent: £434,183 pa, 10-year lease
  • Lessor: DTZ Investors
  • Lessor’s agent: BNP Paribas Real Estate
  • Lessee: Flowstore

Unit 16, Humphry Road, Dunstable LU5 4TP

  • Size: 45,305 sq ft (4,209 sq m)
  • Date of deal: 01/04/2022
  • Rent: £407,745 pa, 15-year lease
  • Lessor: Legal & General Investment Management
  • Lessor’s agent: JLL
  • Lessee: J Pao & Company

Unit A, Plot 6, Vanguard Way, Vanguard Trade Park, Shrewsbury SY1 3TG

  • Size: 5,336 sq ft (496 sq m)
  • Date of deal: 30/03/2022
  • Rent: £40,000 pa, 10-year lease
  • Lessor: Morris & Company
  • Lessor’s agent: Towler Shaw Roberts
  • Lessee: Alliance Automotive UK

Units 19-23, Deerdykes View, Glasgow G68 9HN

  • Size: 10,819 sq ft (1,005 sq m)
  • Date of deal: 08/04/2022
  • Rent: £54,095 pa, 10-year lease
  • Lessor: Sunflower UK Industrial Property
  • Lessor’s agent: JLL
  • Lessee: Kiowa Group Holdings

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Photo © Avison Young