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National deals round-up

EG’s Most Active Agent competition winners

Glasgow

  1. Ryden

  2. JLL

  3. Savills

  4. Shepherd Commercial

  5. CBRE

Dealmaker: Gregor Harvie, Ryden

“The Glasgow industrial market has continued to perform well in 2019 despite the political uncertainty. There remains a shortage of stock across all sizes. 

“A couple of positive prelet transactions have been announced with a few other larger deals currently in legals. The development pipeline is still limited, with a number of unsatisfied requirements still in the market.”


OFFICE

1st Floor, No 1 Leeds, 26 Whitehall Road, Leeds LS12 1BE

  • Size: 6,113 sq ft (568 sq m)
  • Date of deal: 15/09/2019
  • Rent: £143,656 pa, five-year lease
  • Lessor: Credit Suisse
  • Lessor’s agents: Cushman & Wakefield and Knight Frank
  • Lessee: CreativeRace
  • Lessee’s agent: Carter Towler

2nd Floor, 102 Hope Street, Glasgow G1 3RS

  • Size: 1,677 sq ft (156 sq m)
  • Date of deal: 02/10/2019
  • Rent: £22,000 pa, 10-year lease, five-year tenant break
  • Lessor: Standard Real Estate
  • Lessor’s agent: McIntyre Property Consultants
  • Lessee: 1010 Group

65 St Mary Street, Chippenham SN14 6NQ

  • Size: 3,057 sq ft (284 sq m)
  • Date of deal: 28/10/2019
  • Rent: £25,000 pa, five-year lease, break at year three
  • Lessor’s agent: Huw Thomas Commercial
  • Lessee: Batt Broadbent Solicitors

9 Kings Street, Sudbury CO10 2EB

  • Size: 416 sq ft (39 sq m)
  • Date of deal: 01/10/2019
  • Rent: £5,000 pa, five year lease
  • Lessor’s agent: Nicholas Percival
  • Lessee: Clare Counselling & Psychotherapy

Garages at rear of 3 Normandy Avenue, Barnet EN5 2HU

  • Size: 150 sq ft (14 sq m)
  • Date of deal: 02/10/2019
  • Price: £185,000
  • Vendor’s agent: Braiser Freeth
  • Vendor: Qi Investments Limited
  • Purchaser: Keenan Construction

Unit 7 Victory Park, Solent Business Park, Fareham PO15 7FN

  • Size: 3,223 sq ft (299 sq m)
  • Date of deal: 14/10/2019
  • Price: £565,000
  • Vendor’s agent: Vail Williams
  • Vendor: Norwood Properties (Solent)
  • Purchaser: Precision Creative & Media

INDUSTRIAL

6-8 Bessemer Drive, Kelvin Industrial Estate, East Kilbride G75 0QX

  • Size: 29,188 sq ft (2,712 sq m)
  • Date of deal: 24/09/2019
  • Price: £1,100,000
  • Vendor: P&C Partnership
  • Purchaser: Glen Applin of Scotland
  • Purchaser’s agent: Rosslyn Property

Unit 7, Kings Court, Prince Williams Avenue, Sandycroft CH5 2QZ

  • Size: 6,714 sq ft (624 sq m)
  • Date of deal: 17/10/2019
  • Rent: £32,500 pa, eight years and one month lease
  • Lessor’s agent: Legat Owen
  • Lessee: Best UK Deals

Unit 1, Park Gate, Church Lane, Drayton Bassett, Tamworth B78 2AH

  • Size: 6,482 sq ft (602 sq m)
  • Date of deal: 12/11/2019
  • Rent: £22,700 pa, two-year lease
  • Lessor’s agent: Fisher German
  • Lessee: The Motor Company (Birmingham)

Unit 15, Lomeshaye Industrial Estate, Kenyon Road, Nelson BB9 5SP

  • Size: 8,331 sq ft (774 sq m)
  • Date of deal: 01/11/2019
  • Rent: £35,000 pa, five-year lease
  • Lessor’s agent: White Acres
  • Lessee: Power Pipes

Unit 4, Woolmer Trading Estate, Bordon GU35 9QF

  • Size: 937 sq ft (87 sq m)
  • Date of deal: 14/11/2019
  • Rent: £11,500 pa, five-year lease
  • Lessor’s agent: Curchod & Co
  • Lessor: East Hampshire District Council
  • Lessee: Caravan Service & Repairs

Unit A2, Bishops Trade Park, Bishops Road, Lincoln LN2 4LB

  • Size: 4,617 sq ft (429 sq m)
  • Date of deal: 11/11/2019
  • Rent: £39,245 pa, 10-year lease, five-year rent review
  • Lessor’s agent: Banks Long & Co
  • Lessee: Screwfix Direct

RETAIL

62 Fort Street, Ayr KA7 1EH

  • Size: 767 sq ft (71 sq m)
  • Date of deal: 10/09/2019
  • Rent: £7,000 pa (years one and two ) £8,000 pa thereafter, five-year lease, two-year lease break, one month rent-free
  • Lessor: John Girvan & Sons
  • Lessor’s agent: Shepherd Commercial
  • Lessee: 1st Legal

Former McColls, Sacriston Lane, Durham DH7 6QU

  • Size: 1,284 sq ft (119 sq m)
  • Date of deal: 18/11/2019
  • Rent: £10,200 pa, five-year lease
  • Lessor: NK Property
  • Lessor’s agent: Sanderson Weatherall
  • Lessee: Durham Funeral Services

Shop 2, Stanhope House, High Street, Stanford-Le- Hope SS17 0HA

  • Size: 626 sq ft (58 sq m)
  • Date of deal: 01/09/2019
  • Rent: £8,750, five-year lease, one month rent-free
  • Lessor’s agent: HC Blake & Co
  • Lessee: Full of Beanz

Unit 1 Phase 1D, Parsonage Retail Park, Parsonage Way, Leigh WN7 5SJ

  • Size: 12,000 sq ft (1,114 sq m)
  • Date of deal: 23/09/2019
  • Rent: £180,000 pa, 10-year lease
  • Lessee’s agent: Mason Owen
  • Lessee: Food Warehouse
  • Lessor’s agent: Stockford Anderson
  • Lessor: Brookhouse Retail

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