National deals round-up

Jonathan Tomlinson  | PrintDownload
Highlands Court © Shepherd Commercial

For up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings

OFFICE

Highlands Court, Cranmore Avenue, Solihull B90 4LE (pictured)

  • Size: 5,246 sq ft (487 sq m)
  • Date of deal: 26/01/2023
  • Price: £825,000
  • Vendor: Amillan
  • Vendor’s agent: Shepherd Commercial
  • Purchaser: MAN Commercial Protection

Olympic House, 100 Longbarn Boulevard, Birchwood WA2 0XA

  • Size: 136,444 sq ft (12,676 sq m)
  • Date of deal: 24/01/2023
  • Price: £40,500,000, NIY: 6.01%
  • Vendor: LaSalle Investment Management
  • Vendor’s agent: JLL
  • Purchaser: Darin Partners
  • Purchaser’s agent: Knight Frank

Pavilion 2, Buchanan Gate Business Park, Stepps, Glasgow G33 6FB

  • Size: 2,064 sq ft (192 sq m)
  • Date of deal: 09/01/2023
  • Rent: £20,640 pa, 10-year lease
  • Lessor: Squarestone Growth
  • Lessor’s agent: Knight Frank
  • Lessee: BEAR Scotland

The Cuneiform, Maude Street, Leeds LS2 7HB

  • Size: 2,639 sq ft (245 sq m)
  • Date of deal: 06/01/2023
  • Price: £465,000
  • Vendor: Saxton Construction Services
  • Vendor’s agent: Knight Frank
  • Purchaser: Hemingways Group Holdings

Studley Point, Redditch Road, Studley B80 7AS

  • Size: 6,062 sq ft (563 sq m)
  • Date of deal: 23/01/2023
  • Rent: £72,744 pa, 10-year lease
  • Lessor: Folkes Holdings
  • Lessee’s agent: CBRE
  • Lessee: AT&T Istel

160 Dundee Street, Edinburgh EH11 1DQ

  • Size: 2,571 sq ft (264 sq m)
  • Date of deal: 18/01/2023
  • Rent: £77,130 pa, five-year lease
  • Lessor: Apam
  • Lessor’s agent: Knight Frank
  • Lessee: SSG Group

RETAIL

15 Grosvenor Terrace, Cheltenham GL52 2SA

  • Size: 647 sq ft (60 sq m)
  • Date of deal: 19/01/2023
  • Rent: £12,000 pa, six-year lease
  • Lessor’s agent: KBW Chartered Surveyors
  • Lessee: FoodLoose

478 Felixstowe Road, Ipswich IP3 8SU

  • Size: 1,040 sq ft (96 sq m)
  • Date of deal: 09/01/2023
  • Rent: £18,500 pa, five-year lease
  • Lessor’s Agent: Penn Commercial
  • Lessee: Snell Salons

91A Strathkinnes Road, Kirkcaldy KY2 5PY

  • Size: 665 sq ft (62 sq m)
  • Date of deal: 21/12/2022
  • Rent: £7,500 pa, five-year lease
  • Lessor’s agent: Falconer Property Consultants
  • Lessee: Inteter Computers

Ground Floor, 4 Hampstead High Street, London NW3 1PR

  • Size: 932 sq ft (87 sq m)
  • Date of deal: 24/01/2023
  • Rent: £77,500 pa, 10-year lease, upward only rent review in year five
  • Lessor’s agent: DMA
  • Lessee: Amathus Drinks

INDUSTRIAL

14B Cardinal Close, Lincoln LN2 4SY

  • Size: 3,555 sq ft (330 sq m)
  • Date of deal: 08/12/2022
  • Rent: £23,000 pa, five-year lease, tenant only break in year three
  • Lessor: RoeHire
  • Lessor’s Agent: Banks Long & Co
  • Lessee: Transport Connect

207 Lancaster Way Business Park, Ely CB6 3NX

  • Size: 65,777 sq ft (6,110 sq m)
  • Date of deal: 23/12/2022
  • Rent: £795,901 pa, 15-year lease
  • Lessor: Grovemere Property
  • Lessee: CMR Surgical
  • Lessee’s agent: Cheffins

Unit 1, Vinyl Place, Dawley Road, Hayes UB3 1DA

  • Size: 2,837 sq ft (264 sq m)
  • Date of deal: 23/01/2023
  • Rent: £70,925 pa, five-year lease
  • Lessor: Prologis
  • Lessor’s agent: JLL
  • Lessee: Heston Automotive

Unit 16, Robertstown Business Park, Wellington Street, Aberdare CF44 8EZ

  • Size: 1,198 sq ft (111 sq m)
  • Date of deal: 05/01/2023
  • Rent: £8,500 pa, five-year lease
  • Lessor: Rhondda Cynon Taff
  • Lessor’s agent: JLL
  • Lessee: Rheidol Electrical Services

To feature in the EG Radius On-Demand Rankings, please call 0845 308 8811

Photo: Shepherd Commercial