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National deals round-up

INDUSTRIAL

58 Chester Street, Aston, Birmingham B6 4LW

Size: 40,922 sq ft (3,082 sq m)

Date of deal: 06/10/2017

Price: £1,400,000

Vendor’s agent: White Rose Chartered Surveyors

Vendor: Abstrakt Services

Purchaser: Betel of Britain

 

Unit 11, Westlink Business Park, Guide Street, Salford M50 1BX

Size: 1,911 sq ft (178 sq m)

Date of deal: 30/08/2017

Rent: £11,466 pa, three-year lease, three months rent free

Lessor’s agent: BC Real Estate

Lessor: M7 Real Estates

Lessee: Voss

 

Unit 12, East Moons Moat Industrial Estate, Oxleasow Road Redditch B98 0RF

Size: 5,697 sq ft (529 sq m)

Date of deal: 15/09/2017

Rent: £25,640, three-year lease

Lessor’s agent: Harris Lamb

Lessee: Immediate Media TV

 

Unit 131, Dumfries Trading Estate, Heathhall, Dumfries DG1 3PH

Size: 59,655 sq ft (5,542 sq m)

Date of deal: 01/11/2017

Rent: £108,150 pa (years one-two), £100,000 pa (years three-five), five-year lease, tenant only break after two years

Lessor: Tosca Scotland

Lessor’s agent: Shepherd Commercial

Lessee: Henry Schien UK Holdings

 

Unit 19A Tomo Industrial Estate, Stowmarket IP14 5AY

Size: 3,543 sq ft (329 sq m)

Date of deal: 01/11/2017

Rent: £8,500 pa, five-year lease, break at year two

Lessor’s agent: Beane Wass & Box

Lessor: Parkside Warehousing & Transport Company

Lessee: Timberwolf

 

Unit 3, Lagrannoch Industrial Estate, Geisher Road, Callander FK17 8LX

Size: 852 sq ft (79 sq m)

Date of deal: 05/10/2017

Rent: £5,600 pa, five-year lease, lease break after three years

Lessor: Stirling Council

Lessor’s agent: Graham & Sibbald

Lessee: Trossachs Mobility

 

OFFICE

11a Regent Street East, Neath SA11 2RR

Size: 455 sq ft (42 sq m)

Date of deal: 18/10/2017

Rent: £5,750 pa, one-year lease

Lessor’s agent: Astleys

Lessee: M&D Care

 

1st Floor, 25 High Street, Brentwood CM14 4RG

Size: 987 sq ft (92 sq m)

Date of deal: 01/10/2017

Rent: £17,000 pa, five-year lease, two months rent free, break at third year

Lessor’s agent: Mass & Co

Lessee: Office Angels

 

2nd Floor, Maple House, Clifton Park Avenue, York YO30 5PB

Size: 3,017 sq ft (280 sq m)

Date of deal: 15/10/2017

Rent: £40,795 pa, 10-year lease, five-year break and rent review, eight months rent free

Lessor: Schroder Real Estate Investment Management

Lessor’s agent: McBeath Property Consultancy

Lessee: Handelsbanken

 

Oxford House, Oxford Road, Leeds LS1 3BE

Size: 33,181 sq ft (3,083 sq m)

Date of deal: 01/11/2017

Price: £5,000,000, 9.25% NIY

Vendor: Samara Properties

Vendor’s agent: Cushman & Wakefield

Purchaser: Topland Group

Purchaser’s agent: Ereira Mendoza & Co

 

Unit 2, Portal Business Park, East Lane, Tarporley CW6 9DL

Size: 3,159 sq ft (293 sq m)

Date of deal: 10/11/2017

Price: £450,000

Vendor’s agent: Legat Owen

Vendor: P and A Property

Purchaser: Riliance Software

 

RETAIL

13 Arwenack Street, Falmouth TR11 3JD

Size: 474 sq ft (44 sq m)

Date of deal: 01/09/2017

Rent: £11,000 pa, 1.75 year lease

Assignor’s agent: Redgrave Commercial

Assignee: RIMA 059

 

183 London Road, Camberley GU15 3JS

Size: 893 sq ft (83 sq m)

Date of deal: 15/10/2017

Rent: £10,000 pa, three-year lease, three months rent free, lease break at year one

Lessor’s agent: Collins & Jarvis

Lessor: Camberley Trustees

Lessee: Tortuga Tattoo

 

33 Gallowtree Gate, Leicester LE1 5AD

Size: 2,738 sq ft (254 sq m)

Date of deal: 02/11/2017

Rent: £35,000 pa, five-year lease, three months rent free

Lessor: F&C REIT Asset Management

Lessor’s agent: Rob Alston Retail

Lessee: Ecig Wizard

 

33 Sir Isaacs Walk, Colchester CO1 1JJ

Size: 1,649 sq ft (153 sq m)

Date of deal: 11/09/2017

Rent: £19,000 pa, 10-year lease, three months rent free, break at fifth year

Lessor’s agent: Whybrow Chartered Surveyors

Lessee: Blue Sky Printing

Lessor: Doyle

 

91 Terminus Road, Eastbourne BN21 3NJ

Size: 1,792 sq ft (166 sq m)

Date of deal: 13/10/2017

Rent: £45,000 pax, seven-year lease, six months rent-free, tenant only break at year five

Lessor’s agent: AS Retail

Lessor: Arcadia Group

Lessee’s agent: Harper Dennis Hobbs

Lessee: Hotel Chocolat


EG’s Most Active Agent competition winners

Hampshire

1. Lambert Smith Hampton

2. Hughes Ellard

3. Primmer Olds BAS

4. Goadsby

5. JLL

DEALMAKER: Patrick Mattison – Primmer Olds BAS

“Despite the challenges facing the UK, the south coast property market has remained buoyant throughout the past 12 months. We have seen the continuation of rental and capital value appreciation within the office and industrial sectors. Supply is starting to improve which is helping to service the high level of unsatisfied requirements evident at all levels of the market.”

To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals

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