INDUSTRIAL
Unit 5, Bowen Industrial Estate, Pengam Road, Aberbargoed CF81 9EP
■ Size: 1,250 sq ft (116 sq m)
■ Date of deal: 11/07/2017
■ Rent: £4,160 pa, six-year lease, break after one year
■ Lessor’s agent: Brinsons
■ Lessor: Lindrick Business Services
■ Lessee: Bespoke Garden Products
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Unit 8, Griggs Business Centre, West Street, Coggeshall CO6 1NT
■ Size: 1,692 sq ft (182 sq m)
■ Date of deal: 01/07/2017
■ Price: £240,000, 9.38% yield
■ Vendor’s agent: Joscelyne Chase
■ Purchaser: Mash Properties
■ Lessee: GFG Europe
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Units 12-14, Sealand Industrial Estate, Bumpers Lane, Chester CH1 4LT
■ Size: 11,479 sq ft (1,066 sq m)
■ Date of deal: 30/05/2017
■ Price: £460,000
■ Vendor’s agent: Colliers International
■ Vendor: Grafton Group
■ Purchaser: G Walker Properties
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OFFICE
138 Oxford Road, Oxford OX4 2DU
■ Size: 797 sq ft (74 sq m)
■ Date of deal: 12/07/2017
■ Rent: £15,000 pa, five-year lease, one month rent free
■ Lessor’s agent: Chancellors
■ Lessee: Simple Communications
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2-3 Cumberland Gate, Cumberland Road, Southsea PO5 1AG
■ Size: 2,388 sq ft (222 sq m)
■ Date of deal: 01/05/2017
■ Price: £220,000
■ Vendor: SLA Property Company
■ Vendor’s agent: Hughes Ellard
■ Purchaser: Beneficial Foundation
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Lock 90, Trumpet Street, Manchester M1 5LW
■ Size: 5,698 sq ft (529 sq m)
■ Date of deal: 22/06/2017
■ Rent: £76,923 pa, five-year lease, break after year three
■ Lessor’s agent: WHR Property Consultants
■ Lessor: DMK Properties
Lessee: JPS Financial
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Suite 3, Ravenscroft House, Cambridge CB2 1AB
■ Size: 1,053 sq ft (89 sq m)
■ Date of deal: 22/06/2017
■ Rent: £25,272 pa, five-year lease, break after year three
■ Lessor’s agent: Dodson Jones
■ Lessor: Ede & Ravenscroft
■ Lessee: Cambridge Nutraceuticals
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Unit 4, Boyd Buildings, The Admirals, Portsmouth PO1 3AG
■ Size: 1,988 sq ft (185 sq m)
■ Date of deal: 01/05/2017
■ Rent: £39,750 pa, 5-year lease
■ Lessor’s agent: Vail Williams
■ Lessee: Net Natives
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RETAIL
318 Morningside Road, Edinburgh EH10 4QH
■ Size: 660 sq ft (61 sq m)
■ Date of deal: 24/07/2017
■ Rent: £21,500 pa, 10-year lease
■ Lessor: Thistle Peat
■ Lessor’s agent: Eric Young & Co
■ Lessee: Jojo Maman
■ Lessee’s agent: GCW
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Unit 32, Kingdom Shopping Centre, Lyon Way, Glenrothes KY7 5NW
■ Size: 3,132 sq ft (291 sq m)
■ Date of deal: 10/07/2017
■ Rent: £57,000 pa, three-year lease
■ Lessor: Mars Pension Trustees
■ Lessor’s agent: Eric Young & Co
■ Lessee: Specsavers
■ Lessee’s agent: Pritchard Property Consultants
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35-38 High Street, Bristol BS1 2AW
■ Size: 3,409 sq ft (317 sq m)
■ Date of deal: 30/06/2017
■ Rent: £39,000 pa, five-year lease, five months rent free
■ Lessor: Shaftesbury Investments
■ Lessor’s agent: Bruton Knowles
■ Lessee: Wards Solicitors
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6 Coppergate, York YO1 9NR
■ Size: 940 sq ft (87 sq m)
■ Date of deal: 15/06/2017
■ Rent: £60,000 pa, six-year lease
■ Lessor: Lasalle UK Ventures Property
■ Lessor’s agent: Central Retail Chartered Surveyors
■ Lessee: Cardzone
■ Lessee’s agent: FHP Property Consultants
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7-8 Waterloo Street, Birmingham B2 5PG
■ Size: 1,980 sq ft (184 sq m)
■ Date of deal: 01/06/2017
■ Rent: £62,000 pa, 15-year lease, five-year upward-only rent reviews
■ Lessor: Rustic Pine Developments
■ Lessor’s agents: Lambert Smith Hampton
■ Lessee: Sabai Sabai
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Unit 13, The Beaver Centre, Putney Road West, Leicester LE2 7TD
■ Size: 2,062 sq ft (192 sq m)
■ Date of deal: 05/07/2017
■ Rent: £16,500 pa, three-year lease
■ Lessor: South West Property
■ Lessor’s agent: APB Chartered Surveyors
■ Lessee: Greggs
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Unit 6, West One Plaza, Fitzwilliam Street, Sheffield S1 4JB
■ Size: 1,539 sq ft (143 sq m)
■ Date of deal: 15/07/2017
■ Rent: £25,000 pa, 10-year lease
■ Lessor: Devonshire Green
■ Lessor’s agent: Crosthwaite Commercial
■ Lessee: Black Cactus Salons
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Unit 8 & 9, Mulberry Walk, Lichfield Road, Sutton Coldfield B75 5BL
■ Size: 3,687 sq ft (343 sq m)
■ Date of deal: 19/07/2017
■ Rent: £95,862 pa, 25-year lease, tenant-only break after 15 years
■ Lessor: Salmon Harvester Properties
■ Lessor’s agents: Rowley Hughes Thompson and DMR
■ Lessee: Gusto
EG’s Most Active Agent competition winners
West Scotland & Highlands
1. Shepherd Commercial
2. Graham & Sibbald
3. Ryden
4. Cushman & Wakefield
5. Eric Young & Co
Dealmaker Sandy Rennie of Shepherd Commercial
“The local commercial property market remains strong despite the wider uncertainties and this is testament to the resilience of West Scotland and Highlands as a location. The main challenge is securing stock but our team appears to make deals happen on both an on and off-market basis. With a number of significant developments in the pipeline and some exciting prime opportunities we are working on, it is set to be an exciting run in to 2018 for the Shepherds teams.”
To submit your deals please e-mail deals@egi.co.uk or tweet @egideals
