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National deals round-up

EG’s Most Active Agent competition winners

South Wales

  1. Cooke & Arkwright

  2. Jenkins Best

  3. Cushman & Wakefield

  4. Lambert Smith Hampton

  5. Knight Frank

Dealmakers: Anthony Jenkins & Henry Best, Jenkins Best

“South Wales is still experiencing a lack of immediate supply for high-quality and well-located industrial and distribution units. Occupiers are looking for quality refurbished accommodation which is ‘ready for occupation’. Clients that are proactive in refurbishing units have benefited from securing new occupiers and minimising void periods.

“Demand remains stable and South Wales still offers good ‘occupational value’ in comparison to other regions; the abolition of the Severn bridge tolls has been well received.”


HOTEL

Nethway Hotel, Falkland Road, Torquay TQ2 5JR

  • Size: 25 rooms
  • Date of deal: 12/09/2019
  • Price: £780,000
  • Vendor’s agent: Christie & Co
  • Purchaser: Nethway

INDUSTRIAL

Unit 9, Aycliffe Industrial Park, Northfield Way, Newton Aycliffe DL5 6UF

  • Size: 5,457 sq ft (507 sq m)
  • Date of deal: 12/08/2019
  • Rent: £19,100 pa, 10-year lease
  • Lessor’s agent: Connect Property North East
  • Lessee: World of Books

Unit A, Logistics City, Houndmills Road, Basingstoke RG21 6XX

  • Size: 36,376 sq ft (3,379 sq m)
  • Date of deal: 30/08/2019
  • Rent: £369,217 pa, 10-year lease, break at year five
  • Lessor: Kier Trade City
  • Lessor’s agent: Hollis Hockley
  • Lessee: Network Rail

Units 4/5, Roundthorn Industrial Estate, Tilson Road, Wythenshawe M23 9GF

  • Size: 6,670 sq ft (619 sq m)
  • Date of deal: 23/08/2019
  • Rent: £28,000 pa, five-year lease, three-year break, three months rent free
  • Lessor’s agent: WT Gunson
  • Lessee: Grassetc

Units 7-9, Thornton Road Industrial Estate, Burnell Road, Ellesmere Port CH65 5EX

  • Size: 11,100 sq ft (1,031 sq m)
  • Date of deal: 25/10/2019
  • Rent: £37,000 pa, 10-year lease, five-year rent review
  • Lessor: Tilstone
  • Lessor’s agent: Legat Owen
  • Lessee: Staingard

28 Wellington Road, Bishopbriggs G64 2SA

  • Size: 2,497 sq ft (232 sq m)
  • Date of deal: 17/10/2019
  • Rent: £14,000 pa, five-year lease, three-year lease break, four-year rent review, three months rent free
  • Lessor: Caledonian Property Investments
  • Lessor’s agent: Shepherd Commercial
  • Lessee: Greenroof UK

OFFICE

1st Floor, 299 West George Street, Glasgow G2 4LF

  • Size: 1,887 sq ft (175 sq m)
  • Date of deal: 15/07/2019
  • Rent: £25,474.50 pa, 10-year lease, five-year break
  • Lessor’s agent: Phil Reid Associates
  • Lessee: 5 Star International

45-46 The Avenue, Southampton SO17 1AX

  • Size: 4,500 sq ft (418 sq m)
  • Date of deal: 16/08/2019
  • Price: £995,000
  • Vendor: Pitmans
  • Vendor’s agent: Vail Williams
  • Purchaser: Jamba Estates

Ground floor, 4 Harnall Row, Coventry CV1 5DR

  • Size: 404 sq ft (34 sq m)
  • Date of deal: 15/08/2019
  • Rent: £8,000 pa, eight-year lease
  • Lessor’s agent: Bromwich Hardy
  • Lessee: SAFEHMO.co.uk

Office 13, First Floor, Cowman’s Cottage, St Crispins Local Centre, Kent Road, Northampton NN5 4BX

  • Size: 1,186 sq ft (110 sq m)
  • Date of deal: 01/10/2019
  • Rent: £15,062 pa, five-year lease, tenant break at year three
  • Lessor: Lodge Park (St Crispins)
  • Lessor’s agent: Prop-search.com
  • Lessee: Spokes Education

The Old Fire Station, Clifford Street, York YO1 9RJ

  • Size: 2,678 sq ft (249 sq m)
  • Date of deal: 15/10/2019
  • Rent: £69,628 pa, 10-year lease, five-year break
  • Lessor: Helmsley Group
  • Lessor’s agent: Bowcliffe
  • Lessee: Secerna
  • Lessee’s agent: Avison Young Commercial Real Estate

Unit 1, Lanswood Park, Broomfield Road, Colchester CO7 7DD

  • Size: 1,224 sq ft (114 sq m)
  • Date of deal: 31/08/2019
  • Price: £295,000
  • Vendor: Lanswood Developments
  • Vendor’s agent: Fenn Wright
  • Purchaser: Drury Healthcare

Unit 3, Llay Industrial Estate (North), Point 36, Davy Way, Wrexham LL12 0PG

  • Size: 2,542 sq ft (236 sq m)
  • Date of deal: 11/09/2019
  • Rent: £15,000 pa, 15-year lease
  • Lessor’s agents: BA Commercial and Legat Owen
  • Lessee: Array Audio Visual

Units G6 & G9, Festival Business Centre, 150 Brand Street, Glasgow G51 1DH

  • Size: 1,408 sq ft (131 sq m)
  • Date of deal: 10/09/2019
  • Rent: £12,672 pa, five-year lease, three-year lease break, three months rent free
  • Lessor: JBG
  • Lessor’s agent: Shepherd Commercial
  • Lessee: SpotHost

RETAIL

248 Streatfield Road, Harrow HA3 9BY

  • Size: 1,600 sq ft (149 sq m)
  • Date of deal: 10/10/2019
  • Rent: £35,000 pa, 15-year lease, one-month rent-free period
  • Lessor’s agents: Claridges Commercial and Grovelands Property and Investment Consultants
  • Lessee: Satyanarayan Restaurant

99/101 Muswell Hill Broadway, London N10 3RS

  • Size: 807 sq ft (74 sq m)
  • Date of deal: 01/11/2019
  • Rent: £45,000 pa, 10-year lease, rent review at fifth year, one-month rent-free period
  • Lessor’s agent: DMA
  • Lessee: Natures Living

To submit your deals, please e-mail deals@egi.co.uk

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