Deals

A round up of deals from around the country INDUSTRIAL Unit 4, Manfield Park, Guildford Road, Cranleigh GU6 8PT Size: 5,161 sq ft (479 sq m) Date of deal: 15/02/2017 Rent: £42,580 pa, five-year lease, four months rent-free Lessor’s agents: Vail Williams & Wadham and Isherwood Lessee: Junction Inc Unit 2, Newham Industrial Estate, Heron Way, Truro TR1 2XN Size: 1,250 sq ft (116 sq m) Date of deal: 03/01/2017 Rent: £14,000 pa, 10-year lease, break and rent review at year five Lessor’s agent: Redgrave Commercial Lessee: Cornwall Bathrooms Unit 8, Broomfield Industrial Estate, Broomfield Road, Montrose DD10 8SY Size: 30,067 sq ft (2,793 sq m) Date of deal: 01/03/2017 Rent: £60,500 pa, two-year lease, six weeks rent-free Lessor: Hunting Oilfield Services Lessor’s agent: Ryden Lessee: Barratt Steel Lessee’s agent: Sanderson Weatherall Units 3-4, Ocean Park, Dock Road, Birkenhead CH41 1HW Size: 18,487 sq ft (1,717 sq m) Date of deal: 08/03/2017 Rent: £18,490 pa, five-year lease, break at year three Lessor’s agent: Legat Owen Lessee: Gwynedd Shipping Lessor: Stainton International Unit E1, Tyler Close, Normanton Industrial Estate, Tyler Close, Normanton WF6 1RL Size: 32,694 sq ft (3,037 sq m) Date of deal: 06/03/2017 Rent: £158,500 pa, 10-year lease, six months rent-free, break and rent review at year five Lessor: Burgess Group Lessor’s agent: AWS Lessee: Falcon Panel Products Lessee’s agent: FHP Property Consultants Unit 11, Gelderd Trading Estate, Brown Lane West, Leeds LS12 6BD Size: 7,295 sq ft (678 sq m) Date of deal: 07/03/2017 Rent: £36,475 pa, five-year lease, three months rent-free Lessor’s agents: Carter Towler and JLL Lessee: Grayson Fabrications Lessor: Legal & General Property Partners Unit 3 Block 5.2, Lancaster Park, Newborough Road, Burton-on-Trent DE13 9PD Size: 2,244 sq ft (208 sq m) Date of deal: 18/01/2017 Rent: £12,500 pa, five-year lease, tenant break and rent review at year three Lessor’s agents: Salloway Property Consultants Lessee: E-Zec Medical Transport Services Unit 15.2, Amber Business Centre, Greenhill Lane, Alfreton DE55 4BR Size: 1,212 sq ft (113 sq m) Date of deal: 01/03/2017 Rent: £6,100 pa, five-year lease Lessor’s agent: FHP Property Consultants Lessee: T Jones Fabrications Lessor: Amber Unit Trust OFFICE Cotton House, 7 Cochrane Street, Montrose Street, Glasgow G1 1GZ Size: 52,346 sq ft (4,863 sq m) Date of deal: 01/03/2017 Price: £9,100,000, 10.74% yield Vendor: Cochrane Square SPV Vendor’s agent: Cushman & Wakefield Purchaser: Artisan Real Estate Investors Lessee: HM Revenue & Customs Ground Floor, 4 Frecheville Court, Bury BL9 0UF Size: 1,538 sq ft (143 sq m) Date of deal: 01/03/2017 Rent: £9,000 pa, two-year lease, break at 18 months Lessor’s agent: Miller Metcalfe Lessee: LW Accountants Lessor: Easycare Business Service Rentals RETAIL 3 Newbury Street, Wantage OX12 8BU Size: 725 sq ft (67 sq m) Date of deal: 15/01/2017 Rent: £18,000 pa, five-year lease, three months rent-free, tenant break at year 3 Lessor’s agent: Wild Property Consultancy Lessor: Horizon Partnership 65a High Street, Braintree CM7 1JX Size: 1,195 sq ft (111 sq m) Date of deal: 13/02/2017 Rent: £48,500 pa, 10-year lease, two months rent-free, break at year five Lessor: Townrow Lessor’s agent: Whybrow Chartered Surveyors Lessee: British Heart Foundation 44 High Street, Wrexham LL11 1HF Size: 2,185 sq ft (203 sq m) Date of deal: 03/03/2017 Rent: £20,000 pax, five-year lease Lessor’s agent: Beresford Adams Commercial Lessee: Slater & Gordon Unit 962-964, Scott Arms Shopping Centre, Walsall Road, Birmingham B42 1TQ Size: 1,822 sq ft (169 sq m) Date of deal: 09/02/2017 Rent: £26,200 pa, 20-year lease, five-yearly rent reviews Lessor: Sheet Anchor Investments Lessor’s agents: Lambert Smith Hampton and London & Cambridge Properties Lessee: Domino’s Pizza LEISURE Duke of Marlborough, Main Road, Lower Somersham IP8 4QA Size: 2,497 sq ft (232 sq m) Date of deal: 09/02/2017 Price: £305,000 Vendor’s agent: Everard Cole Purchaser: Save the Duke EG’s Most Active Agent competition winners Derbyshire  1. FHP Property Consultants 2. Innes England 3. BB&J 4. Salloway Property Consultants 5. NG Chartered Surveyors Dealmaker – Nick Hosking, Innes England “I am delighted to once again have won the EG dealmaker of the year award; great news following Innes England’s recent success in picking up the East Midlands Most Active Agent title for the 10th consecutive year. “On a local level, it has been encouraging to see the market improve post referendum and there is plenty to be optimistic about looking forward.”