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National deals round-up

EG’s Most Active Agent competition winners

BRISTOL

  1. Burston Cook
  2. Alder King
  3. Hartnell Taylor Cook
  4. Savills
  5. JLL

Dealmaker: Finola Ingham – Burston Cook

I am delighted to receive the award for dealmaker in Bristol. Burston Cook is one of the few independent practices in the city, so it is fantastic to receive this recognition. Demand remains strong for offices across Bristol city centre and Clifton, and we saw record prime rents achieved in the city centre in 2018 due to the lack of supply and continued demand for grade-A space.”


INDUSTRIAL

Somer House, Great Northern Terrace, Lincoln LN5 8HJ

  • Size: 20,892 sq ft (1,941 sq m)
  • Date of deal: 28/06/2019
  • Rent: £65,000 pa, 10-year lease
  • Lessor’s agent: Banks Long & Co
  • Lessee: Arthauss Furniture

Unit 10, 261-289 Alexandra Parade, Glasgow G31 3AD

  • Size: 900 sq ft (84 sq m)
  • Date of deal: 10/06/2019
  • Rent: £7,000 pa (years one and two) £8,000 pa thereafter, five-year lease, two-year lease break
  • Lessor: Kelvin Timber
  • Lessor’s agent: Lapsley McManus Property Consultants
  • Lessee: Smooth Flow Plumbing

Unit 12, Altitude Business Park, The Drift, Nacton Road, Ipswich IP3 9QP

  • Size: 2,293 sq ft (213 sq m)
  • Date of deal: 22/05/2019
  • Rent: £9,142 pa, five-year lease
  • Lessor’s agent: Penn Commercial
  • Lessee: Retro & Modern Automotive

OFFICE

Amalfi House, 285a Featherstall Road North, Oldham OL1 2NH

  • Size: 970 sq ft (90 sq m)
  • Date of deal: 03/06/2019
  • Rent: £8,500 pa, five-year lease
  • Lessor’s agent: Breakey & Nuttall
  • Lessee: Care Plus

Aspect Court, Pond Hill, Sheffield S1 2BG

  • Size: 57,017 sq ft (5,297 sq m)
  • Date of deal: 01/06/2019
  • Price: £8.8m, 7.05% yield
  • Vendor: Regional REIT
  • Vendor’s asset manager: London & Scottish Property Management
  • Purchaser: Sheffield Hallam University

Atlantic House, Imperial Way, Reading RG2 0TD

  • Size: 38,577 sq ft (3,584 sq m)
  • Date of deal: 05/06/2019
  • Price: £8.25m
  • Vendor: Clearbell Property Partners
  • Vendor’s agent: Parkinson Holt
  • Purchaser: The Police and Crime Commissioner for Thames Valley
  • Purchaser’s agent: Lambert Smith Hampton

Ellen House, 63 London Road, St Albans AL1 1LJ

  • Size: 2,138 sq ft (199 sq m)
  • Date of deal: 18/06/2019
  • Rent: £64,140 pa, 10-year lease, rent review and break at fifth year
  • Lessor’s agent: Aitchison Raffety
  • Lessee: Temple Beauty Clinic

First Floor Front Suite, Sun Alliance House, Little Park Street, Coventry CV1 2JZ

  • Size: 2,143 sq ft (199 sq m)
  • Date of deal: 26/06/2019
  • Rent: £19,287 pa, 10-year lease, break and upward-only rent review at year five
  • Lessor’s agent: Loveitts
  • Lessee: Quest Employment

Suite D, Old Library House, 4 Dean Park Crescent, Bournemouth BH1 1LY

  • Size: 605 sq ft (56 sq m)
  • Date of deal: 25/04/2019
  • Rent: £18,000 pa, two-year lease
  • Lessor’s agent: Ellis & Partners
  • Lessee: Clarity Health Bournemouth

RETAIL

104 Tong Street, Bradford BD4 6HD

  • Size: 535 sq ft (50 sq m)
  • Date of deal: 01/05/2019
  • Rent: £3,500 pa, three-year lease
  • Lessor: Incommunities Group
  • Lessor’s agent: Starkeys Commercial
  • Lessee: 420 Vape Shop

268 High Street, Cowdenbeath KY4 9NP

  • Size: 788 sq ft (73 sq m)
  • Date of deal: 01/05/2019
  • Rent: £8,000 pa, 10-year lease, six months rent-free
  • Lessor: Glamis Investments
  • Lessor’s agent: Shepherd Commercial
  • Lessee: Subway

74 Mostyn Street, Llandudno LL30 2SB

  • Size: 5,856 sq ft (544 sq m)
  • Date of deal: 01/07/2019
  • Rent: £75,000 pa, 10-year lease, break and review at year five, three months rent-free
  • Lessor’s agent: St Davids Commercial
  • Lessee: Mountain Warehouse

Unit 12/14, Ashbourne Parade, Finchley Road, Temple Fortune, London NW1 0AD

  • Size: 5,208 sq ft (484 sq m)
  • Date of deal: 28/06/2019
  • Rent: £115,000 pa, 10-year lease, rent review at fifth year
  • Lessor’s agent: DMA
  • Lessee: Screwfix
  • Lessee’s agent: Hartnell Taylor Cook

98 Market Street, Hyde, Cheshire SK14 1ES

  • Size: 699 sq ft (65 sq m)
  • Date of deal: 01/05/2019
  • Rent: £8,750 pa, three-year lease, 18-month break
  • Lessor: Scott Hire
  • Lessor’s agent: Roberts & Roberts
  • Lessee: The Owl’s Hoot

284 Perth Road, Dundee DD1 4LL

  • Size: 790 sq ft (73 sq m)
  • Date of deal: 15/05/2019
  • Rent: £8,500 pa, three-year lease
  • Lessor: Panmure Street Properties
  • Lessor’s agent: Shepherd Commercial
  • Lessee: Simple Approach Estate Agents

Unit 7, The Arcade, Bognor Regis PO21 1LH

  • Size: 317 sq ft (29 sq m)
  • Date of deal: 10/06/2019
  • Rent: £7,500 pa, three-year lease
  • Lessor’s agent: Flude Commercial (incorporating Garner Wood)
  • Lessee: Snook’s Gift Boutique

To submit your deals, please e-mail deals@egi.co.uk

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