National deals round-up

Top contributors in the UK office market (lettings and occupational sales) 01/01/22 to 20/05/22

Contributor

Space transacted (sq ft)

CBRE

1,697,353 

JLL

923,449 

Cushman & Wakefield

855,926 

Avison Young

641,603 

BH2

525,332 

Compton

434,280 

Savills

394,748 

Knight Frank

328,369 

Colliers

296,935 

BNP Paribas Real Estate

255,850

This table is based on deals contributed to EG Radius as of 20 May 2022. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


INDUSTRIAL

Unit 19, Riverview Business Park, Friarton Road, Perth PH2 8DF 

  • Size: 1,489 sq ft (138 sq m) 
  • Date of deal: 09/05/2022 
  • Rent: £10,960 pa, two-year lease, one month rent free 
  • Lessor: Castlecroft Securities 
  • Lessor’s agent: Shepherd Commercial 
  • Lessee: Good Food Project 

Unit 19B, Alston Road, Hellesdon Park, Norwich NR6 5DS 

  • Size: 1,504 sq ft (140 sq m) 
  • Date of deal: 15/05/2022 
  • Rent: £15,250 pa, six-year lease 
  • Lessor: Chartbay 
  • Lessor’s agent: Bidwells 
  • Lessee: Otzi 

Unit 3, Trilogy, Sittingbourne ME10 3TF 

  • Size: 11,250 sq ft (1,045 sq m) 
  • Date of deal: 22/04/2022 
  • Rent: £118,125 pa, 15-year lease 
  • Lessor: SSGA 
  • Lessor’s agent: Caxton Commercial 
  • Lessee: Novia 

Units 1 and 2, Balch House, New Spitalfields Market, London E10 5SQ 

  • Size: 7,665 sq ft (712 sq m) 
  • Date of deal: 13/05/2022 
  • Rent: £88,033 pa, three-year lease 
  • Lessor: City of London Corporation
  • Lessor’s agent: Gerald Eve 
  • Lessee: Crowbond 

Units 10-11, Belleknowes Industrial Estate, Inverkeithing KY11 1HZ 

  • Size: 5,819 sq ft (541 sq m) 
  • Date of deal: 01/05/2022 
  • Rent: £41,000 pa, 15-year lease 
  • Lessor: Caisson Investment Management 
  • Lessor’s agent: JLL 
  • Lessee: Howden Joinery 

OFFICE

First Floor, Midland House, 2 Poole Road, Bournemouth BH2 5QY (pictured)

  • Size: 4,803 sq ft (446 sq m) 
  • Date of deal: 13/05/2022 
  • Rent: £81,651 pa, 10-year lease 
  • Lessor: Troika Development 
  • Lessor’s agent: CBRE 
  • Lessee: Home Appliance Guard

Ground floor, Building 3, Kingsley Office Park, Runcorn Road,
Lincoln LN6 3TA 

  • Size: 1,260 sq ft (117 sq m) 
  • Date of deal: 03/05/2022 
  • Rent: £14,490 pa, five-year lease 
  • Lessor’s agent: Lambert Smith Hampton 
  • Lessee: YMD Boon

RETAIL

1 Central Square, Maghull L31 0AE 

  • Size: 1,000 sq ft (93 sq m) 
  • Date of deal: 24/03/2022 
  • Rent: £25,000 pa, 10-year lease 
  • Lessor: Grainrent 
  • Lessor’s agent: Hitchcock Wright & Partners 
  • Lessee: Furusato Rotisserie and Deli 

4 Peverell Park Road, Plymouth PL3 4NA 

  • Size: 1,862 sq ft (173 sq m) 
  • Date of deal: 01/03/2022 
  • Rent: £9,800 pa, five-year lease, tenant break in year three, nine months rent free 
  • Lessor’s agent: Hartnell Taylor Cook 
  • Lessee: Bista Flooring 

Galleries Retail Park, Washington NE38 7RW 

  • Size: 95,058 sq ft (8,831 sq m) 
  • Date of deal: 30/04/2022 
  • Price: £26,136,000, 6.85% net initial yield 
  • Vendor: Sheet Anchor Investments 2 
  • Purchaser: Zurich Assurance 
  • Purchaser’s agent: JLL 

Ground and Basement Floors, 27 Noel Street, Soho, London W1F 8GZ 

  • Size: 685 sq ft (64 sq m) 
  • Date of deal: 13/05/2022 
  • Rent: £45,000 pa, rising to £50,000 pa in years four and five, 10-year lease, upward-only rent review in year five 
  • Lessor’s agent: DMA 
  • Lessee: Great Thai

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Photo © CBRE