INDUSTRIAL
17 Banners Street, Halesowen B63 2SL
■ Size: 5,583 sq ft (519 sq m)
■ Date of deal: 01/08/2017
■Rent: £5,500 pa, three-year lease
■Lessor’s agent: Siddall Jone
■Lessee: Ariana Online
Building 96, Cargo Terminal 3, East Midlands Airport, Castle Donington DE74 2SA
■ Size: 22,315 sq ft (2,073 sq m)
■ Date of deal: 04/09/2017
■ Rent: £156,205 pa, three-year lease, one month rent free, break at year one
■ Lessor’s agent: FHP
■ Lessor: East Midlands Airport Property Investments (Industrial)
■ Lessee: Heavyweight Air Express Limited
Former Wasp Engineering Premises, South Newton Industrial Estate, Warminster Road, South Newton SP2 0QW
■ Size: 1,436 sq ft (133 sq m)
■ Date of deal: 01/09/2017
■ Rent: £11,500 pa, five-year lease
■ Lessor’s Agent: Myddelton & Major
■ Lessee: Transporter UK
Unit 18, Dales Industrial Estate, Peterhead AB42 3FJ
■ Size: 1,376 sq ft (128 sq m)
■ Date of deal: 15/08/2017
■ Rent: £7,995 pa, six-year lease
■ Lessor: Aberdeenshire Council
■ Lessor’s agent: Aberdeenshire Council Property Services
■Lessee: Seafood Low Cost
Unit 24 Blakelands Industrial Park, Tanners Drive, Milton Keynes MK14 5BU
■ Size: 5,387 sq ft (500 sq m)
■ Date of deal: 17/08/2017
■ Rent: £37,763 pa, seven-year lease, three months rent free, break at year three, rent review at year five
■ Lessor’s agent: Bidwells
■ Lessor: PR Blakelands
■ Lessee: Import My Vehicle
Unit C5.2, Treforest Industrial Estate, Main Avenue, Pontypridd CF37 5YR
■ Size: 2,905 sq ft (270 sq m)
■ Date of deal: 30/09/2017
■ Rent: £19,610 pa, three-year lease
■ Lessor’s agent: Jenkins Best
■ Lessee: Reinspire.co.uk
Unit E, Purdon Street Industrial Estate, Glasgow G11 6AF
■ Size: 512 sq ft (48 sq m)
■ Date of deal: 08/08/2017
■ Rent: £5,751 pa, two-year lease
■ Lessor: City Property (Glasgow)
■ Lessor’s agent: Graham & Sibbald
■ Lessee: Building Future Scotland
Unit 3, Phoenix Industrial Park, Chickenhall Lane, Eastleigh SO50 6PQ
■ Size: 1,163 sq ft (108 sq m)
■ Date of deal: 01/08/2017
■ Rent: £11,630 pa, five-year lease, 1.5 months rent free, break at year three
■ Lessor’s agent: Vail Williams
■ Lessee: Auto Windscreens
NON-RESIDENTIAL
New Jerusalem Church, Briercliffe Road, Burnley BB10 1XH
■ Size: 3,064 sq ft (285 sq m)
■ Date of deal: 13/09/2017
■ Price: £180,000
■ Vendor’s agent: Petty Chartered Surveyors
■ Vendor: The General Conference Of The New Church
■ Purchaser: AB Investments NW
OFFICE
66 Wakefield Road, Ossett WF5 9JS
■ Size: 2,500 sq ft (232 sq m)
■ Date of deal: 01/09/2017
■ Rent: £40,000 pa, three-year lease
■ Lessor: DMF Wakefield
■ Lessor’s agent: FSL Estate Agents
■ Lessee: Geoff Ricketts Freight
Bede House, All Saints Business Centre, City Road, Newcastle Upon Tyne NE1 2ES
■ Size: 37,929 sq ft (3,524 sq m)
■ Date of deal: 04/09/2017
■ Price: £3,977,500
■ Vendor: Chantryco Investments
■ Vendor’s agent: BNP Paribas Real Estate
■ Purchaser: Maya Capital
■ Purchaser’s agent: Knight Frank
Unit 16, Drakes Mews Business Centre, Crownhill, Milton Keynes MK8 0ER
■ Size: 1,372 sq ft (127 sq m)
■ Date of deal: 04/08/2017
■ Rent: £10,976 pa, five-year lease, six months rent free, break at year three
■ Lessor’s agent: Bidwells
■ Lessor: Threadneedle Pensions
■ Lessee: Red Edge Concepts.
2nd Floor, Graphic House, 14-16 Sussex Road, Haywards Heath RH16 4EA
■ Size: 1,050 sq ft (98 sq m)
■ Date of deal: 25/08/2017
■ Rent: £12,300 pa, five-year lease, three months rent free, break at year three
■ Lessor’s agent: Meyrick Associates
■ Lessor: Keningtons
■ Lessee: Sussex Tuition Centre
RETAIL
143 Milton Road, Cambridge CB4 1XE
■ Size: 380 sq ft (35 sq m)
■ Date of deal: 31/08/2017
■ Rent: £12,000 pa, nine-year lease, break and review at the end of year three
■ Lessor’s agent: Robinson Layer
■ Lessee: Farthings Cambridge
22 -23 Castle Street, Shrewsbury SY1 2AZ
■ Size: 400 sq ft (37 sq m)
■ Date of deal: 18/08/2017
■ Rent: £14,500 pa, six-year lease, break & review at year two
■ Lessor’s agent: Towler Shaw Roberts
■ Lessor: Pengwern Market Finance Co
■ Lessee: Mirror Mirror Group
54-56 St James’ Street, Burnley BB11 1NH
■ Size: 2,678 sq ft (249 sq m)
■ Date of deal: 07/09/2017
■ Rent: £23,500 pa, 15-year lease, half rent in year one, tenant break & upward only RR in years five and 10
■ Lessor’s agent: Petty Chartered Surveyors
■ Lessor: Summit Leisure (Deansgate)
■ Lessee: Lancashire Coffee
Worcestershire competition winners
1. Fisher German
2. GJS Dillon
3. Harris Lamb
= John Truslove
5. Andrew Grant
Deal Maker: John Dillon (GJS Dillon)
“Market demand for well positioned freehold office and industrial accommodation has remained extremely strong this year in the county and we anticipate this trend to continue for the foreseeable future, particularly whist interest rates remain low and there is still an appetite from the banks to lend on commercial property within the region. Supply in the county is particularly low at present however we are working with a number of developers to build out new office and industrial units on a speculative basis and we are always on the lookout for suitable sites, particularly along the M5 corridor.”
To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals
