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National deals round-up

Pick of the deals from around the country – and Hampshire’s most active office agents (lettings and occupational sales) 01/01/23 to 22/09/2023

Contributor

No. of deals

Lambert Smith Hampton

46

Primmer Olds

46

Flude Property Consultants

41

Holloway Iliffe & Mitchell

35

Hellier Langston

30

Curchod & Co

28

Keygrove Commercial

21

Realest

18

BDT inc Woodford & Co

15

CBRE

12

This table is based on deals contributed to EG Radius as of 15 September 2023. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


RETAIL

185-187 High Street, Cheltenham GL50 1DF

  • Size: 5,378 sq ft (500 sq m)
  • Date of deal: 07/08/2023
  • Rent: £80,000 pa, five-year lease, 12 months rent free
  • Lessor: Gatsby Capital 3
  • Lessor’s agent: Jackson Criss
  • Lessee: Moss Bros

Unit 40, Ortongate Shopping Centre, Peterborough PE2 5TD

  • Size: 783 sq ft (72 sq m)
  • Date of deal: 01/09/2023
  • Rent: £12,500 pa, five-year lease
  • Lessor: ALB (Orton)
  • Lessor’s agent: FHP Property Consultants
  • Lessee: J C Kitchens

INDUSTRIAL

363 Stockley Close, West Drayton, Middlesex UB7 9BL (pictured)

  • Size: 10,764 sq ft (1,000 sq m)
  • Date of deal: 07/09/2023
  • Rent: £252,954 pa, five-year lease
  • Lessor: Aviva Investors
  • Lessor’s agent: JLL
  • Lessee: UPS SCS (UK)

306-318 North Road, Preston PR1 1RU

  • Size: 5,006 sq ft (465 sq m)
  • Date of deal: 19/09/2023
  • Price: £390,000, 8.37% net initial yield
  • Vendor: Poundhouse Properties
  • Vendor’s agent: Eckersley

Darrows Industrial Estate, John Brannan Way, Bellshill ML4 3HD

  • Size: 57,060 sq ft (5,301 sq m)
  • Date of deal: 01/09/2023
  • Price: £4,225,000, 8.49% net initial yield
  • Vendor: Shed5
  • Vendor’s agent: JLL
  • Purchaser: Tracey Investments

Latt1ce 60, Crystal Drive, Birmingham B66 1QG

  • Size: 59,471 sq ft (5,525 sq m)
  • Date of deal: 29/08/2023
  • Rent: £ 535,239 pa, seven-year lease
  • Lessor: Cabot Partners
  • Lessor’s agent: Colliers International
  • Lessee: BIG Storage and Processing

Unit E6, Fort Wallington Industrial Estate, Military Road, Fareham PO16 8TT

  • Size: 3,438 sq ft (319 sq m)
  • Date of deal: 25/08/2023
  • Rent: £33,520 pa, five-year lease
  • Lessor: United UK Propco 5 SARL
  • Lessor’s agent: Hellier Langston
  • Lessee: Delta-Xero Distribution

Units 9 & 10, Denmore Industrial Estate ,Denmore Road, Bridge of Don, Aberdeen AB23 8JW

  • Size: 11,001 sq ft (1,022 sq m)
  • Date of deal: 30/08/2023
  • Rent: £88,008 pa, 10-year lease
  • Lessor: Pavilion Property Trustees
  • Lessor’s agent: Knight Frank & Montagu Evans
  • Lessee: Rexel UK

OFFICE

9a, Shoreditch Workshops, London E2 8GS

  • Size: 1,128 sq ft (105 sq m)
  • Date of deal: 14/09/2023
  • Rent: £41,736 pa, three-year lease
  • Lessor’s agent: Rubix Real Estate
  • Lessee: And Rising

Pennine House, 35A Business Park, Churchill Way, Ecclesfield S35 2PY

  • Size: 9,360 sq ft (870 sq m)
  • Date of deal: 30/08/2023
  • Rent: £74,973 pa, five-year lease
  • Lessor: Paramount Retail Group Holdco
  • Lessor’s agent: Knight Frank
  • Lessee: Christy By Design

Unit 4, 27 Downham Road, Dalston, London N1 5AA

  • Size: 2,097 sq ft (195 sq m)
  • Date of deal: 20/09/2023
  • Rent: £60,000 pa, six-year lease
  • Lessor’s agent: Strettons
  • Lessee: Regular Practice

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

Image: JLL

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