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National deals round-up

INDUSTRIAL

9b The Shade, Soham, Ely CB7 5DE

Size: 1,687 sq ft (157 sq m)

Date of deal: 05/10/2017

Rent: £10,500 pa, three-year lease, break after two years

Lessor’s agent: Cheffins

Lessor: CJ Murfitt

Lessee: OxSyBio

 

Unit 14, Gregston Trade Centre, Birmingham Road, Oldbury B69 4EX

Size: 1,002 sq ft (93 sq m)

Date of deal: 16/10/2017

Rent: £5,950 pa, three year lease, three months rent free

Lessors agent: Fisher German

Lessor: BW Sipp Trustees

Lessee: M A H Contracting Services

 

OFFICE

Office 18-19, Sywell Aerodrome, A43, Northampton NN6 0BN

Size: 1,413 sq ft (131 sq m)

Date of deal: 22/09/2017

Rent: £20,000 pa, five-year lease, third year break

Lessor’s agent: Prop-search.com

Lessor: Sywell Estates

Lessee: The Risk Practice

 

Trevithick Suite, The Old Arts Club, Clinton Road, Redruth TR15 2QE

Size: 772 sq ft (72 sq m)

Date of deal: 04/10/2017

Rent: £12,300 pa, seven-year lease, break after five years

Lessor’s agent: Redgrave Commercial

Lessee: Questcorp

 

Unit 1C, 1 Slateford Gait, Edinburgh EH11 1GX

Size: 1,394 sq ft (130 sq m)

Date of deal: 11/09/2017

Rent: £14,000 pa, five-year lease, break after three years, two months rent free

Lessor: James Pension Trustees

Lessor’s agent: Shepherd Commercial

Lessee: Street League

 

Suite K, 19-25 Salisbury Square, Hatfield AL9 5BT

Size: 540 sq ft (50 sq m)

Date of deal: 01/10/2017

Rent: £9,990 pa, five-year lease, break at year three

Lessor’s agent: Davies & Co

Lessor: Cram Pension Fund

Lessee: Stradia

 

Unit 2, Chester West Employment Park, Minerva Court, Chester CH1 4QT

Size: 3,237 sq ft (301 sq m)

Date of deal: 01/08/2017

Rent: £30,000 pa, two-year lease

Lessor’s agent: Mason Owen

Lessor: ETB Furniture

Lessee: Actavo (Northern Ireland)

 

Unit 4b, Olympic Park, Olympic Way, Warrington WA2 0YL

Size: 3,156 sq ft (293 sq m)

Date of deal: 03/08/2017

Rent: £47,340 pa, five-year lease, tenant-only break after three years, three months rent free

Lessor’s agent: BE Group

Lessor: J Clark Properties

Lessee: Arbela Services

 

RETAIL

228 High Street, Bangor LL57 1NY

Size: 1,512 sq ft (140 sq m)

Date of deal: 01/09/2017

Rent: £17,500 pa, five-year lease, break after three years

Lessor’s agent: Ockleston Bailey

Lessor: Ludgate Estates

Lessee: Polka Dot Travel

 

13 East Street, Chichester PO19  1HE

Size: 1,426 sq ft (132 sq m)

Date of deal: 15/09/2017

Rent: £70,000 pa, 10-year lease, five months rent free, £143 per sq ft ITZA, break at year five

Lessor’s agent: Medhursts Chartered Surveyors

Lessee: Smiggle

 

26 All Saints Square, Bedworth CV12 8ND

Size: 1,591 sq ft (148 sq m)

Date of deal: 15/08/2017

Rent: £12,000, five-year lease, half rent in year one, tenant-only break at year three

Lessor’s agent: Rowley Hughes Thompson

Lessor: London Associated Properties

Lessee: iConnect

 

30-34 Pinstone Street, Sheffield S1 2HN

Size: 10,965 sq ft (1,019 sq m)

Date of deal: 01/10/2017

Rent: £78,000 pa, two-year lease

Lessor: Budgens

Lessor’s agent: Paul Lancaster Commerical

Lessee: Co-operative Food

 

60 High Street, Lewes BN7 1XG

Size: 1,404 sq ft (130 sq m)

Date of deal: 05/10/2017

Rent: £37,500 pa, 10-year lease, six months rent free

Lessor’s agent: Cradick Retail

Lessor: CHP Management

Lessee: Jigsaw

 

8-9 Kirkgate, Fish Street, Leeds LS1 6BZ

Size: 3,423 sq ft (318 sq m)

Date of deal: 15/09/2017

Rent: £97,500 pa, 10 year lease, five-year break, six months rent free

Lessor: Orchard Street Capita

Lessor’s agent: Pudney Shuttleworth

Lessee: Kitty Café

 

Unit C, Kingsgate Shopping Centre, Dunfermline KY12 7QU

Size: 4,679 sq ft (435 sq m)

Date of deal: 05/08/2017

Rent: £45,000 pa, 10-year lease, tenant break after five years, three months rent free

Lessor: Oaktree Capital Management

Lessor’s agent: GCW and Eric Young & Co

Lessee: Bon Marché

 

Grampian Gate, Winterhill, Milton Keynes MK6 1AP

Size: 16,477 sq ft (1,528 sq m)

Date of deal: 01/09/2017

Price: £3,911,000, yield 6.67%

Vendor’s agent: Merriam Betts Harris

Purchaser’s agent: Cushman & Wakefield

Vendor: DTZ Investors

Purchaser: Apperly Estates


EG’s Most Active Agent competition winners

NORTH EAST

1. Connect Property North East

2. Naylors Chartered Surveyors

3. Knight Frank

4. Sanderson Weatherall

5. Lambert Smith Hampton

Dealmaker: Tim Carter, Connect Property North East

“Despite question marks remaining over the commercial property market we have seen an increase in transactions across most sectors, which demonstrates the resilience of the North East market. This accolade is a great reward for the hard work put in by all at CPNE.”

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

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