EG’s Most Active Agent competition winners
ESSEX
1. Ayers & Cruiks
2. Fenn Wright
3. Kemsley
4. Newman Commercial
5. (joint) Glenny
5. (joint) Whybrow
Dealmaker: Tony Arif, Ayers & Cruiks
“The Essex market has remained strong with an increasing level of demand for property across the county. However, stock levels remain low.
With this in mind, Ayers & Cruiks have re-geared an industrial development of 19 units in Southend to its highest level yet, with rents now at £8.50 per sq ft. We have achieved Zone A rents of £55 for shop along Leigh Broadway which seems to be an increasingly popular area for independent local retailers. Local developments are progressing well and we anticipate another excellent year for Ayers & Cruiks.”
INDUSTRIAL
■ Unit 1, Machins Industrial Estate, 96 Nottingham Road, Nottingham NG11 0HG
■ Size: 2,706 sq ft (251 sq m)
■ Date of deal: 24/04/2018
■ Rent: £12,000, three-year lease, break at year two
■ Lessor: First Properties
■ Lessor’s agent: FHP Property Consultants
■ Lessee: M1 Cars
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Unit 1, Park A30, Quarry Crescent, Pennygillam Way, Launceston PL15 7PF
■ Size: 12,672 sq ft (1,177 sq m)
■ Date of deal: 16/04/2018
■ Rent: £35,000 pa, 10-year lease, break and review after year five
■ Lessor’s agent: Smart Commercial Property
■ Lessee: Miers Construction
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Unit 1, Sphere Industrial Estate, Campfield Road, St Albans AL1 5HT
■ Size: 17,147 sq ft (1,593 sq m)
■ Date of deal: 29/03/2018
■ Rent: £162,897 pa, 10-year lease, rent review at year five, six months rent free
■ Lessor: Legal & General Industrial Property Fund
■ Lessor’s agent: Aitchison Raffety
■ Lessee: And So To Bed
.Unit 12, Norman Way, Cambridge CB24 5QE
■ Size: 1,930 sq ft (179 sq m)
■ Date of deal: 12/04/2018
■ Rent: £12,500 pa, six-year lease, break after year three
■ Lessor: Trustees of HCPC
■ Lessor’s agent: Carter Jonas
■ Lessee: New Wave Vibration
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Unit 2C, Herald Industrial Estate, Botley Road, Southampton SO30 2JW
■ Size: 2,026 sq ft (188 sq m)
■ Date of deal: 22/03/2018
■ Rent: £17,000 pa, five-year lease, two months rent free, break at year two
■ Lessor’s agent: Goadsby
■ Lessee: Radian
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Unit 52, Gravelly Industrial Park, Tyburn Road, Birmingham B24 8HZ
■ Size: 4,499 sq ft (418 sq m)
■ Date of deal: 28/03/2018
■ Rent: £28,119 pa, five-year lease
■ Lessor: Standard Life Investments
■ Lessor’s agent: Colliers International
■ Lessee: Dane Waldron Logistics
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Unit 8, Easter Court, Gemini Business Park, Warrington WA5 7ZB
■ Size: 4,091 sq ft (380 sq m)
■ Date of deal: 10/02/2018
■ Rent: £28,637 pa, five-year lease, six months rent free
■ Lessor: Picton Capital
■ Lessor’s agents: Altus Group and CBRE
■ Lessee: Charleston Builders
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Unit 8, The Powerstation, Thermal Road, Bromborough CH62 4YB
■ Size: 12,182 sq ft (1,132 sq m)
■ Date of deal: 18/04/2018
■ Rent: £70,000 pa, 10-year lease, review at year five, three months rent free
■ Lessor: The District Estates
■ Lessor’s agent: Legat Owen
■ Lessee: Flexible Packaging Services
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Unit K27, Ashmount Business Park, Upper Forest Way, Swansea, SA6 8QR
■ Size: 6,670 sq ft (620 sq m)
■ Date of deal: 16/04/2018
■ Rent: £26,704 pa, five-year lease
■ Lessor: M7 Real Estate
■ Lessor’s agents: Cooke & Arkwright, Cushman & Wakefield and Jenkins Best
■ Lessee: Cathedral Leasing
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OFFICE
1st & 2nd Floors, 254 High Street, Berkhamsted HP4 1AQ
■ Size: 1,403 sq ft (130 sq m)
■ Date of deal: 26/03/2018
■ Rent: £32,000 pa, two-year licence
■ Lessor: Robert Martell & Partners
■ Lessor’s agent: Smiddy & Co
■ Lessee: Message House
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1st Floor, Riverhouse, 41 The Mall, Newry BT34 1AN
■ Size: 739 sq ft (69 sq m)
■ Date of deal: 15/02/2018
■ Rent: £5,200 pa, three-year lease
■ Lessor’s agent: Best Property Services
■ Lessee: Newry Conference & Banqueting Centre
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Unit 2a, Whitehouse Office Park, Whitehouse Court, Peterlee SR8 2DZ
■ Size: 7,300 sq ft (678 sq m)
■ Date of deal: 15/03/2018
■ Rent: £19,675 pa, 10-year lease
■ Lessor’s agent: Lambert Smith Hampton
■ Lessee: Gem Partnership
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RETAIL
Unit 1, Lakeside Triangle Leisure Park, Doncaster DN4 7NW
■ Size: 5,000 sq ft (465 sq m)
■ Date of deal: 15/03/2018
■ Rent: £125,000 pa, 15-year lease
■ Lessor: Doncaster Metropolitan Borough Council
■ Lessor’s agent: Pudney Shuttleworth
■ Lessee: TGI Fridays
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Unit 7, St Georges Shopping Centre, Kempthorne Street, Kent DA11 0TA
■ Size: 1,447 sq ft (134 sq m)
■ Date of deal: 20/03/2018
■ Rent: £20,000 pa, five-year lease, five months rent free, tenant break at year three
■ Lessor: Gravesham Borough Council
■ Lessor’s agents: AS Retail & Sealeys
■ Lessee: Mirin
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Unit 9, Stirling Street, Denny, Falkirk FK6 6DF
■ Size: 689 sq ft (64 sq m))
■ Date of deal: 01/04/2018
■ Rent: £10,320 pa, 10-year lease
■ Lessor: Falkirk Council
■ Lessor’s agent: Syme Property Consultancy
■ Lessee: Lusen Plus Barbers
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Unit C, Mid Road, Prestonpans EH32 9ER
■ Size: 953 sq ft (89 sq m)
■ Rent: £20,750 pa, three-year lease
■ Lessor: Leopard Guernsey Convenience
■ Lessor’s agent: Eric Young & Co
■ Lessee: Quality Value Aquatics
To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals
