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National deals round-up

EG’s Most Active Agent competition winner

BEDFORDSHIRE

1. Kirkby Diamond
2. Lambert Smith Hampton
3. Brown & Lee Chartered Surveyors
4. JLL
5= Fisher German
5= Stimpsons Eves Chartered Surveyors

Dealmaker: Eamon Kennedy, Kirkby Diamond

“Despite a year of fluctuations in business confidence, Bedfordshire has proved to be resilient, benefiting both from its proximity to London and its growing infrastructure.

“We have seen a buoyant market within Bedfordshire across most sectors but industrial, in particular, continues to grow, underpinned by good values being achieved across the board. There are many investors seeking opportunities even though we are in a time of crisis.”


INDUSTRIAL

Unit 3, Zone Two, Drive A, Deeside Industrial Park, Deeside CH5 2NU

  • Size: 20,050 sq ft (1,863 sq m)
  • Date of deal: 16/03/2020
  • Rent: £100,250 pa, six-year lease, break at year two and review at year three
  • Lessor: Columbia Threadneedle
  • Lessor’s agent: Legat Owen
  • Lessee: MJ Quinn Integrated Services

Unit 9, Eagle Park, Alfreton Road, Derby DE21 4AE

  • Size: 4,520 sq ft (420 sq m)
  • Date of deal: 06/03/2020
  • Price: £420,000
  • Vendor’s agent: Salloway Property Consultants
  • Purchaser: The Cunninghams Pension Scheme
  • Purchaser’s agent: Raybould & Sons

Unit T1, Bourne End Mills Industrial Estate, Bourne End Lane, Hemel Hempstead HP1 2UJ

  • Size: 2,222 sq ft (206 sq m)
  • Date of deal: 28/02/2020
  • Rent: £21,000 pa, five-year lease
  • Lessor’s agent: Brasier Freeth
  • Lessee: Connoisseur Recovery

NON-RESI

1 Avenue Road, Christchurch BH23 2BU

  • Size: 936 sq ft (87 sq m)
  • Date of deal: 17/03/2020
  • Rent: £15,000 pa, five-year-and-10-month lease lease, break at year three
  • Lessor’s agent: Ellis & Partners
  • Lessee: Southface Consultancy

OFFICE

146 Cowgate, Edinburgh EH1 1RP

  • Size: 600 sq ft (56 sq m)
  • Date of deal: 15/01/2020
  • Rent: £14,000 pa, 10-year lease
  • Lessor: Castlerock
  • Lessor’s agent: Cuthbert White
  • Lessee: Potting Shed Gifts

38 Holywell Hill, St Albans AL1 1BU

  • Size: 418 sq ft (39 sq m)
  • Date of deal: 17/02/2020
  • Rent: £11,500 pa, five-year lease
  • Lessor’s agent: Aitchison Raffety
  • Lessee: St Albans Credit Union

Ground & Basement, 25A Park Square, Leeds LS1 2PW

  • Size: 1,157 sq ft (107 sq m)
  • Date of deal: 15/03/2020
  • Rent: £16,200 pa, three-year lease
  • Lessor’s agent: Ryden LLP
  • Lessee: Katana Organisation

RETAIL

17-21 Penny Street, Lancaster LA1 1UA

  • Size: 14,935 sq ft (1,387 sq m)
  • Date of deal: 15/03/2020
  • Price: £3.4m, 9.64% yield
  • Vendor’s agent: Singer Vielle
  • Purchaser: Lancaster City Council
  • Purchaser’s agent: Carigiet Cowen

35 Hare Street, Woolwich SE18 6NE (pictured)

  • Size: 3,148 sq ft (292 sq m)
  • Date of deal: 31/03/2020
  • Rent: £46,500 pa, 15-year lease, tenant-only break at year five, nine months rent free
  • Lessor’s agent: Cradick Retail
  • Lessee: Kidz4Life

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

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