National deals round-up

EG’s Most Active Agent competition winners Edinburgh Eric Young & Co Ryden JLL Shepherd Commercial Savills Dealmaker: Steven Clarke, Shepherd Commercial “The Edinburgh commercial market has seen a more challenging year in 2019 compared with 2017/18. “We have seen a significant change in the retail sector at both local and national levels, with the majority of the high streets moving from product-led to service-led tenants. In turn, this has resulted in a high turnover of tenants and also an increase in change of use applications towards service-led uses. “Shepherd Edinburgh Agency team is pleased to have been recognised as the top dealmaker for the third year running and is focused on securing new instructions moving into 2020.” INDUSTRIAL Unit 30, Phoenix Industrial Estate, Charles Street, West Bromwich B70 0AY Size: 2,668 sq ft (248 sq m) Date of deal: 13/09/2019 Rent: £14,000 pa, five-year lease, tenant-only break at year three, three months rent-free Lessor’s agent: Fisher German Lessee: Tructyre Fleet Management Unit 323 Springvale Industrial Estate, Springvale, Cwmbran NP44 5BD Size: 1,501 sq ft (139 sq m) Date of deal: 27/08/2019 Rent: £9,500 pa, three-year lease, one and a half months rent-free Lessor’s agent: Jenkins Best Lessee: PBH Facilities Services Unit 4-5 Pelican View Business Park, Rochester Road, Rochester ME1 3YN Size: 2,762 sq ft (256 sq m) Date of deal: 29/08/2019 Rent: £33,144 pa, 11-year lease, six months rent-free Lessor’s agent: Watson Day Chartered Surveyors Lessor: TBH Real Estates Lessee: Phase Electrical Distributors Unit 7, Whitegate Business Park, Jardine Way, Oldham OL9 9JT Size: 2,024 sq ft (188 sq m) Date of deal: 25/09/2019 Rent: £18,000 pa, five-year lease Lessor’s agents: BC Real Estate and Barton Kendal Lessor: M7 Real Estate Lessee: Springhead Sprinklers Units 18-20, Sheriff Hutton Industrial Estate, York YO60 6PG Size: 6,088 sq ft (566 sq m) Date of deal: 30/09/2019 Price: £505,000, 7.56% NIY Vendor: Black 68 Vendor’s agent: McBeath Property Consultancy Purchaser’s agent: Brackenridge Hansen Tate OFFICE First Floor, 117 High Street, Berkhamsted HP4 2DJ Size: 1,011 sq ft (94 sq m) Date of deal: 13/09/2019 Rent: £20,500 pa, five-year lease Lessor’s agent: Aitchison Raffety Lessor: Ringmall Lessee: Drewsen Special Paper Unit 123, Faraday Building, Nottingham Science & Technology Park, Nottingham NG7 2QP Size: 1,035 sq ft (96 sq m) Date of deal: 27/09/2019 Rent: £9,750 pa, five-year lease, six months rent-free Lessor’s agent: heb Chartered Surveyors Lessee: 123 Learning RETAIL 67 Bank Street, Lochgelly KY5 9QN Size: 3,556 sq ft (330 sq m) Date of deal: 15/09/2019 Rent: £20,000 pa, 15-year lease, seven months rent-free, rent review at year five, lease breaks at years five and 10 Lessor’s agent: Shepherd Commercial Lessee: Dears Pharmacy 213 Clapgate Lane, Ipswich IP3 0RF Size: 986 sq ft (92 sq m) Date of deal: 01/09/2019 Rent: £7,250 pa, three-year lease Lessor’s agent: Fenn Wright Lessee: Golden Palace 3-5 Cranston Street, Edinburgh EH8 8BE Size: 1,496 sq ft (139 sq m) Date of deal: 08/07/2019 Rent: £25,000 pa, 10-year lease, one month rent-free, lease break and rent review at year five Lessor: Sunlight Property Management Lessor’s agent: Shepherd Commercial Lessee: Chocolatarium 307 Woodham Lane, Addlestone KT15 3NY Size: 837 sq ft (78 sq m) Date of deal: 30/09/2019 Rent: £7,500 pa, 15-year lease Lessor’s agents: Curchod & Co and Westwood & Co Lessor: Riverdore Lessee: Oriental Serenity Therapies Unit 2, 94 High Street, Haddington EH41 3ET Size: 1,719 sq ft (160 sq m) Date of deal: 05/09/2019 Rent: £16,000 pa, 10-year lease, three months rent-free Lessor: Zest Capital Management Lessor’s agent: Allied Surveyors Scotland Lessee: Chapter One Hair Spa Unit 14, St Peters House, Pavilion Shopping Centre, Thornaby TS17 9FF Size: 849 sq ft (79 sq m) Date of deal: 02/08/2019 Rent: £13,000 pa, five-year lease Lessor: Poundreed Real Estate Lessor’s agent: LCP Real Estate Lessee: Melt Desserts Ground to rear of Harrier Public House, Bishops Rise AL10 8BZ Size: 1,472 sq ft (137 sq m) Date of deal: 02/10/2019 Rent: £15,000 pa, five-year lease Lessor’s agent: Brasier Freeth Lessee: Extravagance 204-206 Commercial Road, Bournemouth BH2 5NF Size: 764 sq ft (71 sq m) Date of deal: 21/08/2019 Rent: £12,500 pa, 10-year lease, review at year five Lessor’s agent: Ellis & Partners Lessee: Blunt Hairstyling 7 Copy Lane, Netherton L30 8RA Size: 1,027 sq ft (95 sq m) Date of deal: 25/07/2019 Rent: £11,500 pa, five-year lease Lessor’s agent: Mason Owen Lessor: Bleasdale Estates Lessee: Eyecandy Delivery To submit your deals, please e-mail deals@egi.co.uk