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National deals round-up

INDUSTRIAL

4 Freebournes Road, Witham CM8 3UN

Size: 89,998 sq ft (8,361 sq m)

Date of deal: 22/12/2017

Price: £3,650,000, 12.33% NIY, £450,000 pa rental income

Vendor’s agent: Whybrow Chartered Surveyors

Vendor: Marden Homes, Swanvale Management

Purchaser: NU Squared

Lessee: Crittall Windows

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498 Calder Street, Glasgow G42 0QD

Size: 840 sq ft (78 sq m)

Date of deal: 08/11/2017

Rent: £7,000 pa, one-year lease

Lessor: City Property

Lessor’s agent: Graham & Sibbald

Lessee: Clear Vision IT and Management

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Unit 4, Gillingham Business Park, Crusader Close, Gillingham ME8 0PR

Size: 2,400 sq ft (223 sq m)

Date of deal: 08/11/2017

Rent: £19,250 pa, 10-year lease, six months rent free, tenant break and rent review after five years

Lessor’s agent: Caxtons Chartered Surveyors

Lessor: Zurich Assurance

Lessee: CrossFit Medway

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Unit A5, Westpark 26, New Enterprise, Chelston TA21 9AD

Size: 865 sq ft (80 sq m)

Date of deal: 17/11/2017

Rent: £6,500 pa, three-year lease, break at year two

Lessor’s agent: Greenslade Taylor Hunt

Lessor: DFS Investments

Lessee: Helix Spring

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Unit 9, King’s Court, Deeside Enterprise Zone, Deeside CH5 2QZ

Size: 10,000 sq ft ( 929 sq m)

Date of deal: 13/12/2017

Rent: £57,900 pa, 10-year lease

Lessor’s agent: Legat Owen

Lessee: Lodge Initiatives

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Unit 3, Sandown Road Industrial Estate, Watford WD24 7UB

Size: 12,330 sq ft (1,145 sq m)

Date of deal: 01/12/2017

Rent: £65,000 pa, five-year lease

Lessor’s agent: Smiddy & Co

Lessor: Firststart

Lessee: Intermarble Stone Solutions

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OFFICE

First Floor, T1 Dudley Court North, The Waterfront, Dudley DY5 1XP

Size: 1,668 sq ft (155 sq m)

Date of deal: 20/12/2017

Rent: £10,850 pa, three-year lease

Lessor’s agent: Fisher German

Lessor: Clancy Group

Lessee: Concept Resources

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Ground Floor, Oak House, Shackleford Road, Godalming GU8 6LB

Size: 2,405 sq ft (223 sq m)

Date of deal: 24/11/2017

Rent: £56,000 pa, 10-year lease, eight months rent free, tenant break at year seven, upward-only rent review at year five

Lessor’s agent: Kingstons

Lessor: Tanshire Management

Lessee: Health & Aesthetics

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Park Row House, 19-20 Park Row, Leeds LS1 5JF

Size: 41,955 sq ft (3,898 sq m)

Date of deal: 20/12/2017

Price: £8,700,000, 5.5% NIY

Vendor: John Lewis Partnership Pensions Trust

Vendor’s agent: Knight Frank

Purchaser: UKRO

Purchaser’s agent: Savills

Purchaser’s asset manager: Adapt Real Estate

Purchaser’s legal advisor: Ship Street Advisors

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XL House, Cambridgeshire Business Park, Ely CB7 4EX

Size: 3,000 sq ft (279 sq m)

Date of deal: 07/12/2017

Rent: £35,000 pa, 10-year lease, FRI

Lessor’s agent: Robinson Layer

Lessee: IT Governance

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RETAIL

109 Market Street, Hyde SK14 8HY

Size: 463 sq ft (43 sq m)

Date of deal: 01/12/2017

Rent: £7,200 pa, three-year lease, one month rent free

Lessor’s agent: Watons Commercial

Lessor: Songdale

Lessee: Bear & Balloon

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111 High Street, Stockton-on-Tees TS18 1BB

Size: 3,867 sq ft (35 sq m)

Date of deal: 05/12/2017

Rent: £15,000 pa, five-year lease

Lessor’s agent: Thomas Stevenson

Lessor: Watson House Solicitors

Lessee: Watson House Solicitors

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16 St Peters Churchyard, Derby DE1 1NN

Size: 954 sq ft (89 sq m)

Date of deal: 04/12/2017

Rent: £16,000 pa, five-year lease, three months rent free

Lessor’s agent: FHP Property Consultants

Lessor: Reams

Lessee: Reface Kitchen Interiors

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31 Beresford Terrace, Ayr KA7 2EU

Size: 1,490 sq ft (138 sq m)

Date of deal: 03/11/2017

Rent: £12,000 pa, five-year lease, break after three years, six months rent free

Lessor: DSW Properties

Lessor’s agent: Shepherd Commercial

Lessee: Lady A Clinic

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.47 Widnes Road, Widnes WA8 6AZ

Size: 1,242 sq ft (115 sq m)

Date of deal: 01/11/2017

Rent: £10,400 pa, three-year lease

Lessor’s agent: Bridge Property Consultants

Lessee: Widnes Dry Cleaners

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69-73 The Parade, Sutton Coldfield B72 1PA

Size: 4,077 sq ft (379 sq m)

Date of deal: 12/12/2017

Rent: £71,500 pa, five-year lease

Lessor’s agent: Rowley Hughes Thompson

Lessor: Railway Pension Trustees

Lessee: Trespass


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