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National deals round-up

Top contributors in the South East industrial market (lettings and occupational sales) 01/01/22 to 04/03/22

Contributor

Space transacted (sq ft)

Colliers

237,839

Lambert Smith Hampton

125,703

Realest

115,653

CBRE

114,545

Fenn Wright

92,990

Adroit Real Estate Advisors

92,568

Curchod & Co

91,143

Watson Day

72,990

Kirkby Diamond

71,369

Bidwells

64,112

Duncan Bailey Kennedy

60,671

Knight Frank

59,554

This table is based on deals contributed to EG Radius as of 4 March 2022. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


INDUSTRIAL

5 Bridge Industries, Fareham PO16 8SX (pictured)

  • Size: 3,426 sq ft (318 sq m)
  • Date of deal: 04/03/2022
  • Rent: £24,000 pa, five-year lease
  • Lessor: Pyecombe Investments
  • Lessor’s agent: Hellier Langston
  • Lessee: Kelly Marine

4 Rennie Square, Livingston EH54 9DF

  • Size: 6,171 sq ft (573 sq m)
  • Date of deal: 24/02/2022
  • Rent: £34,989 pa, five-year lease
  • Lessor: Mileway
  • Lessor’s agent: Colliers International
  • Lessee: Athena Professional Technical Services

Nasmyth Business Centre, Green Lane, Eccles M30 0RP

  • Size: 32,924 sq ft (3,058 sq m)
  • Date of deal: 08/12/2021
  • Price: £3.3m, 4.92% net initial yield
  • Vendor’s agent: BNP Paribas Real Estate
  • Purchaser: Vengrove

Unit A, St Merryn Airfield Business Park, St Merryn, Padstow PL28 8PU

  • Size: 1,813 sq ft (168 sq m)
  • Date of deal: 22/01/2022
  • Price: £200,000
  • Vendor’s agent: Miller Commercial
  • Purchaser: RNLI

OFFICE

1st floor, 50 Seymour Street, London W1H 7JG

  • Size: 1,760 sq ft (164 sq m)
  • Date of deal: 01/02/2022
  • Rent: £92,400 pa, 10-year lease
  • Lessor’s agent: Northam Clover
  • Lessee: Mdesign London
  • Lessee’s agent: Braham Good

3rd Floor Suite 3.4, 135 Buchanan Street, Glasgow G1 2JA

  • Size: 672 sq ft (62 sq m)
  • Date of deal: 17/01/2022
  • Rent: £9,744 pa, two-year lease
  • Lessor: Pramerica
  • Lessor’s agent: Knight Frank
  • Lessee: Arc Hospitality Recruitment

Unit 3, Harforde Court, Foxholes Business Park, John Tate Road, Hertford SG13 7NW

  • Size: 2,223 sq ft (299 sq m)
  • Date of deal: 01/03/2022
  • Rent: £52,000 pa, five-year lease
  • Lessor: Westbrook Partners
  • Lessor’s agent: Brasier Freeth
  • Lessee: Fixatex

RETAIL

73 Queensway, Stevenage SG1 1DN

  • Size: 1,689 sq ft (157 sq m)
  • Date of deal: 24/02/2022
  • Rent: £35,000 pa, 10-year lease, rent review in year five
  • Lessor’s agent: DMA
  • Lessee: Pings

6 Cross Street, Reading RG1 1SN

  • Size: 489 sq ft (45 sq m)
  • Date of deal: 24/02/2022
  • Rent: £18,000 pa, 10-year lease, rent review in year five, tenant break in year two, two weeks rent free
  • Lessor: Sahana Enterprises
  • Lessor’s agent: Hicks Baker
  • Lessee: Zizi Brown

Unit 1, The Peel Centre, Glover, Washington NE37 2PA

  • Size: 40,925 sq ft (3,802 sq m)
  • Date of deal: 28/02/2022
  • Price: £4.1m, 8.52% net initial yield
  • Vendor: Royal London Asset Management
  • Purchaser: M7 Real Estate
  • Purchaser’s agent: JLL
  • Lessee: B&M

33 Princess Street, Wolverhampton WV1 1HD

  • Size: 2,097 sq ft (195 sq m)
  • Date of deal: 14/02/2022
  • Rent: £17,500 pa, 10-year lease
  • Lessor: City Village
  • Lessee’s agent: Avison Young
  • Lessee: Bunk (Wolverhampton)

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

Photo © Hellier Langston

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