INDUSTRIAL
1a Pembroke Avenue, Waterbeach CB25 9QP
■ Size: 2,685 sq ft (249 sq m)
■ Date of deal: 15/07/2017
■ Rent: £18,000 pa, 10-year lease, review at year five, six months rent-free
■ Lessor’s agent: Robinson Layer
■ Lessee: Create Signs
Building 4, Ossington Road, Carlton-on-Trent NG23 6NT
■ Size: 71,042 sq ft (6,600 sq m)
■ Date of deal: 14/07/2017
■ Rent: £225,000 pa, five-year lease, break at years two and three, three months rent free if breaks are not exercised
■ Lessor: JS Dakin & Co
■ Lessor’s agent: FHP Property Consultants
■ Lessee: Kuehne + Nagel Drinkflow Logistics
Former Defra Buffer Depot, Melbourne Place, Thirsk YO7 1QY
■ Size: 11,284 sq ft (1,048 sq m)
■ Date of deal: 10/08/2017
■ Rent: £12,000 pa, five-year lease
■ Lessor: Blue Oak Homes (Yorkshire)
■ Lessor’s agent: Ryden
■ Lessee: Millgate Pine & Antiques
Unit 11, Trench Lock 3 Industrial Estate, Sommerfield Road, Telford TF1 5ST
■ Size: 1,891 sq ft (176 sq m)
■ Date of deal: 04/07/2017
■ Rent: £9,470 pa, three-years
■ Lessor’s agent: Wiggins Lockett Thompson
■ Lessor: Trench Lock Telford
■ Lessee: Direct Vacuum
Unit 11, White Horse Business Park, Sandown Centre, Trowbridge BA14 0XD
■ Size: 4,192 sq ft (389 sq m)
■ Date of deal: 15/07/2017
■ Rent: £21,000 pa, six-year lease, break at year three, one month rent free
■ Lessor’s agent: Kavanaghs
■ Lessee: Audience Upholstery
Unit 2, Guinness Industrial Estate, Guinness Road, Manchester M17 1SD
■ Size: 2,956 sq ft (275 sq m)
■ Date of deal: 15/07/2017
■ Rent: £19,200 pa, five-year lease, break after three years
■ Lessor: Heref Trafford Park Property Unit Trust
■ Lessor’s agents: JLL and B8 Real Estate
■ Lessee: 3D Access Solutions
OFFICE
1st, 2nd and part 3rd Floor, Matrix Beta, Southern Boulevard, Siemens Way, Swansea SA6 8RE
■ Size: 28,500 sq ft (2,648 sq m)
■ Date of deal: 11/08/2017
■ Rent: £270,750 pa, 12-year lease
■ Lessor: Jarrington Properties
■ Lessor’s agent: Knight Frank
■ Lessee: Health Wales and NHS Shared Services
2nd Floor, Tollbar House, Tollbar Way, Southampton SO30 2ZP
■ Size: 12,279 sq ft (1,141 sq m)
■ Date of deal: 01/08/2017
■ Rent: £153,883 pa, 10-year lease, 15 months rent-free, tenant-only break and rent review at year five
■ Lessor: Horatio Properties
■ Lessor’s agent: Hughes Ellard
■ Lessee: Jewson
31 Winchester Avenue, Denny FK6 6QE
■ Size: 2,088 sq ft (194 sq m)
■ Date of deal: 10/08/2017
■ Price: £115,000
■ Vendor: Endeavour House
■ Vendor’s agent: Graham & Sibbald
■ Purchaser: Concrete Repairs
No. 2 St James Gate, Newcastle upon Tyne NE1 4AD
■ Size: 82,500 sq ft (7,664 sq m)
■ Date of deal: 07/08/2017
■ Price: £20m, 8.8% yield
■ Vendor: SM Newcastle
■ Vendor’s agents: Sanderson Weatherall, Steerforth Partners
■ Purchaser: Palace Capital
■ Purchaer’s agent: Knight Frank
The Bridge, Bridge Street, Hemel Hempstead HP1 1EG
■ Size: 13,500 sq ft (1,254 sq m)
■ Date of deal: 01/08/2017
■ Price: £5.2m
■ Vendor’s agent: Brasier Freeth
■ Purchaser: Itzchok Meyer Cymerman Trust
RETAIL
15 Duke Street, Brighton BN1 1AH
■ Size: 641 sq ft (60 sq m)
■ Date of deal: 15/06/2017
■ Rent: £42,000 pa, 15-year lease, three months rent-free, rent review at years five and 10
■ Lessor’s agent: Carr & Priddle
■ Lessee: Be Chocolat
3 Bridge Street, Church Square Shopping Centre, St Helens WA10 1AR
■ Size: 852 sq ft (79 sq m)
■ Date of deal: 03/05/2017
■ Rent: £20,000 pa, 20-year lease, rent review every five years
■ Lessor: St Helens Metropolitan Borough Council
■ Lessor’s agents: Metis Real Estate and Lunson Mitchenall
■ Lessee: William Hill
46 Boyd Street, Largs KA30 8LE
■ Size: 793 sq ft (74 sq m)
■ Date of deal: 01/08/2017
■ Rent: £10,000 pa, 10-year lease, break at year five, two months rent-free
■ Lessor: Firm of HK
■ Lessor’s agent: TSA Property Consultants
■ Lessee: Vicki Fiddes Podiatry
51 High Street, Biggleswade SG18 0JH
■ Size: 1,833 sq ft (170 sq m)
■ Date of deal: 01/07/2017
■ Rent: £20,000 pa, 12-year lease, six months rent-free, break at year three
■ Lessor’s agent: Cliftons
■ Lessee: Bedford Daycare Hospice
60-60a Sandbach Road South, Stoke-on-Trent ST7 2LP
■ Size: 2,293 sq ft (213 sq m)
■ Date of deal: 01/08/2017
■ Rent: £32,000 pa, 10-year lease
■ Lessor: Buzz Communications
■ Lessor’s agent: Regional Property Solutions and Legat Owen
■ Lessee: Costa Coffee
■ Lessee’s agent: Emanuel Oliver
EG’s Most Active Agent competition winners
Oxfordshire
1. VSL And Partners
2. Carter Jonas
3. Lambert Smith Hampton
4. Parker Parr
5. Brown & Co, Savills (joint)
Dealmaker – Tom Barton, VSL And Partners
“Oxfordshire is experiencing an exciting growth period in the technology market at the moment. This is being driven by the emergence of a secure and substantial funding base for the Oxford University spin-out companies which is driving demand for city centre offices and ring road industrial units. As a result, rents and lettings are moving forwards apace which has already led to take-up in 2017 (as at July) surpassing 2016 levels. VSL has been heavily involved in the transactions during this period with representation in around 40% of deals.”
To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals
