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National deals round-up

INDUSTRIAL

Unit 1-2, Nobel Court, Nobel Road, Dundee DD2 4UH

 Size: 22,705 sq ft (2,109 sq m)

 Date of deal: 01/09/2017

 Rent: £60,000 pa, 10-year lease, break at year five

 Lessor: LEC Pension Fund

 Lessor’s agent: Graham & Sibbald

 Lessee: Glasshus

 

Unit 32a, Crewe Gates Industrial Estate, Quakers Coppice, Crewe CW1 6FA

 Size: 2,550 sq ft (237 sq m)

 Date of deal: 01/09/2017

 Rent: £17,500 pa, six-year lease, tenant break and review at third year

 Lessor’s agent: Legat Owen

 Lessee: Kennel Build

 

Unit 33, Cardrew Industrial Estate, Stanley Way, Redruth TR15 1SP

 Size: 1,960 sq ft (182 sq m)

 Date of deal: 01/08/2017

 Rent: £13,500 pa, six-year lease, one month rent free

 Lessor’s agent: Redgrave Commercial

 Lessee: Cornish Foods

 

Unit K2, Beckingham Business Park, Tolleshunt Major, Maldon CM9 8LZ

 Size: 1,061 sq ft (99 sq m)

 Date of deal: 01/08/2017

 Price: £80,000

 Vendor’s agent: Fenn Wright

 Purchaser: Online Pharmaceuticals

 

Unit 51, Springvale Industrial Estate, Springvale, Cwmbran NP44 5BD

 Size: 2,755 sq ft (256 sq m)

 Date of deal: 31/08/2017

 Rent: £12,000 pa, three-year lease

 Lessor’s agent: Fletcher Morgan

 Lessor: Dawnus Constructions

 Lessee: South Wales Maintenance & Engineering

 

Unit 9, Horseshoe Park, Horseshoe Road, Pangbourne RG8 7JW

 Size: 2,400 sq ft (223 sq m)

 Date of deal: 01/08/2017

 Price: £225,000

 Vendor’s agent: Haslams

 Purchaser: Calcot Asbestos Services

 

Unit 6-7, May Avenue Industrial Estate, May Avenue, Gravesend DA11 8RU

 Size: 5,634 sq ft (523 sq m)

 Date of deal: 30/08/2017

 Rent: £32,000 pa, eight-year lease, four months rent free, tenant-only breaks at years one and three, upward-only rent review at year five

 Lessor: Cederland

 Lessor’s agent: Caxtons

 Lessee: Iron Pier Brewery

 

Unit B, Discovery Park, Crossley Road, Stockport SK4 5BW

 Size: 76,275 sq ft (7,086 sq m)

 Date of deal: 15/08/2017

 Price: £3,000,040

 Vendor’s agent: Davies Harrison

 Vendor’s agent: JLL

 Vendor’s agent: Lambert Smith Hampton

 Vendor: Revelan (IOM)

 Purchaser: Rowlinson Knitwear

 

Unit E, Confederation Park, Lowfields Road, Leeds LS12 6HQ

 Size: 25,367 sq ft (2,357 sq m)

 Date of deal: 01/08/2017

 Rent: £139,519 pa, 10-year lease, five-year break

 Lessor: M7 Real Estate

 Lessor’s agents: Gent Visick & JLL

 Lessee: Montgomery Distribution

 

OFFICE

19 Greenbox, Westonhall Road, Stoke Prior, Bromsgrove B60 4AL

 Size: 855 sq ft (79 sq m)

 Date of deal: 15/07/2017

 Rent: £10,000 pa, three-year lease

 Lessor’s agent: GJS Dillon

 Lessor: Greenbox Properties

 Lessee: Blue Fish Partnership

 

2nd Floor, Il Exchange Square, North Fourth Street, Milton Keynes MK9 1HL

 Size: 3,398 sq ft (316 sq m)

 Date of deal: 10/08/2017

 Rent: £71,358 pa, 10-year lease, four months rent free, break at year five

 Lessor’s agent: Bidwells

 Lessor: Regional Office Property Unit Trust

 Lessee: Shakespeare Martineau

 

Mott MacDonald House, 111 St Mary’s Road, Sheffield S2 4AP

 Size: 19,741 sq ft (1,834 sq m)

 Date of deal: 01/09/2017

 Price: £1,900,000

 Vendor: NSS Trustees

 Vendor’s agents: AWS & Crosthwaite Commercial

 Purchaser: YPP Group

 

RETAIL

Unit 1-3, The Wulfrun Centre, Cleveland Street, Wolverhampton WV1 3PR

 Size: 1,980 sq ft (184 sq m)

 Date of deal: 11/09/2017

 Rent: £13,800 pa, five-year lease

 Lessor’s agent: Rowley Hughes Thompson

 Lessor: LCP Properties

 Lessee: Sugar Muffins

 

141 Milton Road, Cambridge CB4 1XE

 Size: 440 sq ft (41 sq m)

 Date of deal: 31/08/2017

 Rent: £13,500 pa, nine-year lease

 Lessors agent: Robinson Layer

 Lessee: Art of Flooring

 

6-8 Morningside Drive, Edinburgh EH10 5LY

 Size: 1,011 sq ft (94 sq m)

 Date of deal: 04/09/2017

 Rent: £27,648 pa, 4.5-year lease

 Lessor’s agent: Shepherd Commercial

 Lessee: NKD Pizza Edinburgh

 Lessee’s agent: Eric Young & Co

 

Unit 21 Midway Business Centre, Bridge Street, Clay Cross S45 9NU

 Size: 270 sq ft (25 sq m)

 Date of deal: 01/08/2017

 Rent: £2,360 pa, three-year lease

 Lessor’s agent: BB&J

 Lessee: Newcorp Computer Services


EG’s Most Active Agent competition winners

Herefordshire

1. Sunderlands

2. Jonathan Preece & Co

3. John Goodwin

Dealmaker: Tim Reed – Sunderlands

“After a strong start to the year uncertainty in the market has led to a quieter second half. However, deals are still being done as long as both landlords and tenants remain realistic.”

To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals

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