National deals round-up

Top contributors in the North East industrial market (lettings and occupational sales) 01/01/22 to 11/11/22

Contributor

Space transacted (sq ft)

Naylors Gavin Black

866,844

Knight Frank

588,965

Avison Young

112,987

Bradley Hall Chartered Surveyors (North East)

112,566

Colliers

102,940

Dodds Brown

38,339

BNP Paribas Real Estate

30,340

Cushman & Wakefield

19,383

Lambert Smith Hampton

16,451

Johnson Tucker

5,871

This table is based on deals contributed to EG Radius as of 11 November 2022. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


LEISURE

The Old Tavern, Blackberry Hill, Stapleton, Bristol BS16 1DB (pictured)

  • Size: 4,047 sq ft (376 sq m)
  • Date of deal: 09/11/2022
  • Price: £460,000
  • Vendor: Wellington Pub Company
  • Vendor’s agent: Fleurets
  • Purchaser: Christian Grant Properties

INDUSTRIAL

Unit 18, Langlands Business Park, Langlands Place, Kelvin South Business Park, Glasgow G75 0YF

  • Size: 6,859 sq ft (637 sq m)
  • Date of deal: 07/11/2022
  • Rent: £41,154 pa, six-year lease
  • Lessor’s agent: Savills
  • Lessee: Fire-Mech Fixings

Unit 5, Enterprise Way, Maxted Close, Hemel Hempstead HP2 7YJ

  • Size: 3,430 sq ft (319 sq m)
  • Date of deal: 03/11/2022
  • Rent: £61,000 pa, 10-year lease
  • Lessor: Sunflower UK Industrial Property
  • Lessor’s agent: Brasier Freeth
  • Lessee: DM Stone

Unit K2, Eagle Road, Langage Park, Plymouth PL7 5HZ

  • Size: 7,552 sq ft (702 sq m)
  • Date of deal: 05/10/2022
  • Rent: £60,000 pa, 10-year lease, break in year five
  • Lessor: Eagle 1
  • Lessor’s agent: Listers Property Consultants
  • Lessee: HDM

Units B1, B3 & B4, Weeland Park, Knottingley WF11 8DL

  • Size: 15,431 sq ft (1,434 sq m)
  • Date of deal: 18/10/2022
  • Rent: £122,676 pa, six-year lease
  • Lessor: CRT Property Investments
  • Lessor’s agents: Commercial Property Partners and Knight Frank
  • Lessee: KGJ Price Rail

OFFICE

1st Floor, 131-132 Shoreditch High Street, London E1 6JE

  • Size: 1,029 sq ft (96 sq m)
  • Date of deal: 27/10/2022
  • Rent: £56,595 pa, five-year lease
  • Lessor’s agent: Compton
  • Lessee: Delta Simons

RETAIL

15 Hampstead High Street, London NW3 1PX

  • Size: 1,094 sq ft (102 sq m)
  • Date of deal: 28/10/2022
  • Rent: £80,000 pa, 10-year lease, upward-only rent review in year five, three weeks rent-free
  • Lessor’s agent: DMA
  • Lessee: American Vintage
  • Lessee’s agent: White City Group

45 Stevenson Road, Edinburgh EH11 2SL

  • Size: 21,935 sq ft (2,038 sq m)
  • Date of deal: 31/10/2022
  • Price: £6,050,000, 5.10% net initial yield
  • Vendor: Shell Trust (UK Property)
  • Vendor’s agent: Knight Frank
  • Purchaser: Watkin Property Ventures Investments
  • Purchaser’s agent: Ryden

Kiosk B, Sailmakers Shopping Centre, Ipswich IP1 3BB

  • Size: 116 sq ft (11 sq m)
  • Date of deal: 01/11/2022
  • Rent: £10,000 pa, lease for two years and 11 months
  • Lessor: Sailmakers Ipswich (ALB)
  • Lessor’s agents: Prime Retail and FHP Property Consultants
  • Lessee: Brows on Fleek

Stanway Buildings, 19 Ashfield Road, Sale M33 7DY

  • Size: 1,285 sq ft (119 sq m)
  • Date of deal: 07/10/2022
  • Rent: £18,500 pa, five-year lease, three months rent-free
  • Lessor: Index Investments
  • Lessor’s agent: WT Gunson
  • Lessee: House of Tinu

Unit 17, The Moor Centre, Brierley Hill DY5 3AH

  • Size: 1,919 sq ft (178 sq m)
  • Date of deal: 12/10/2022
  • Rent: £17,000 pa, 10-year lease
  • Lessor: Grain Rent
  • Lessor’s agent: Creative Retail Property Consultants
  • Lessee: Tiffany Nails

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Photo © Fleurets