National deals round-up

EG’s Most Active Agent competition winners West Midlands Bulleys Siddall Jones Avison Young (inc. GVA) Harris Lamb Bromwich Hardy Dealmaker: James Brookes, Bromwich Hardy “The West Midlands has a lot going for it, with the City of Culture in Coventry in 2021 and the Commonwealth Games a year later. “Birmingham is one of the hottest regions for PRS/build-to-rent projects and there has been an explosion of student accommodation in Coventry and Birmingham, while industrial and office rents across the region are at the highest level we have seen for both prime and secondary stock, with transactions achieving groundbreaking yields. “That being said, there is an air of caution with the current political stand-off, and it remains to be seen how this will impact the country and the West Midlands region going forward once the situation is finalised.” INDUSTRIAL Unit 1A, All Saints Industrial Estate, Pontefract WF8 2ST Size: 1,847 sq ft (172 sq m) Date of deal: 01/10/2019 Rent: £7,858 pa, three-year lease Lessor: Corbridge Investments Lessee: Resin Technologies Lessee’s agent: Brackenridge Hansen Tate Unit 2 Gorse Lane Industrial Estate, Faraday Close, Clacton-on-Sea CO15 4TR Size: 1,700 sq ft (158 sq m) Date of deal: 01/07/2019 Rent: £10,000 pa, five-year lease Lessor’s agent: Nicholas Percival Lessee: Callaway Carpets Unit 27, Tarran Industrial Estate, Tarran Way North, Wirral CH46 4UA Size: 8,320 sq ft (773 sq m) Date of deal: 01/07/2019 Rent: £19,000 pa, five-year lease Lessor’s agent: Smith & Sons Lessee: Petwise UK Unit 5, Lister Road Industrial Estate, Sherrington Way, Basingstoke RG22 4DQ Size: 8,815 sq ft (820 sq m) Date of deal: 27/09/2019 Rent: £72,724 pa, 10-year lease Lessor: Orchard Street Investment Management Lessor’s agent: BDT Lessee: Grant Westfield Unit 72, Bandeath Industrial Estate, Kersie Road, Stirling FK7 7NP Size: 476 sq ft (44 sq m) Date of deal: 01/07/2019 Rent: £2,500 pa, three-year lease, two months rent free Lessor: Stirling Council Lessor’s agent: Graham & Sibbald Lessee: Junk Master Unit 8, Finns Business Park, Bowenhurst Lane GU10 5RX Size: 428 sq ft (40 sq m) Date of deal: 08/10/2019 Rent: £6,600 pa, five-year lease Lessor: Downsway Estates Lessor’s agent: Curchod & Co Lessee: Do Anything Unit D (4) Millennium Business Centre, Millennium Way, Derby DE24 8HZ Size: 7,332 sq ft (981 sq m) Date of deal: 04/10/2019 Rent: £38,500 pa, rent review at year five, three months rent free Lessor’s agent: Salloway Lessee: United Tooling Solutions LEISURE Suite 4a, 1st Floor, Burlington House, Burlington Arcade, Bournemouth BH1 2HZ Size: 560 sq ft (52 sq m) Date of deal: 22/08/2019 Rent: £7,000 pa, three-year lease, break at year two Lessor’s agent: Ellis & Partners Lessee: Faze 17 OFFICE Suites 2 & 5 De Clare House, Pontygwindy Industrial Estate, Pontygwindy Road, Caerphilly CF83 3HY Size: 3,321 sq ft (309 sq m) Date of deal: 27/08/2019 Rent: £9,963 pa, five-year lease Lessor: Esterkin Properties Lessor’s agent: Jenkins Best Commercial Property Consultants Lessee: Vectro Recruitment RETAIL 108 Gorgie Road, Edinburgh EH11 2NP Size: 239 sq ft (22 sq m) Date of deal: 19/09/2019 Price: £67,500, 9% yield Vendor: SRA Ventures Vendor’s agent: Allied Surveyors Scotland Purchaser: Dishington Property 113 Market Street, Hyde SK14 1HL Size: 775 sq ft (72 sq m) Date of deal: 01/08/2019 Rent: £8,000 pa, three-year lease, break at year one, five months rent free Lessor: Songdale Lessor’s agent: Roberts & Roberts Lessee: Space4Living 118 Boundary Road, St John’s Wood, London NW8 0RH Size: 473 sq ft (44 sqm) Date of deal: 04/10/2019 Rent: £17,000 pa, rent review at fifth year, two months rent-free period Lessor’s agent: DMA Lessee: House of Tailoring 18 Station Road, Whitley Bay NE26 2RD Size: 350 sq ft (33 sq m) Date of deal: 01/08/2019 Price: £49,600 Vendor’s agent: Cooke & Co Purchaser: PB Imaging 24 Waterfront Walk, Birmingham B1 1SN Size: 1,009 sq ft (94 sq m) Date of deal: 01/08/2019 Rent: £15,800 pa, 10-year lease Lessor’s agent: Siddall Jones Lessee: Cheers Beauty 277-279 Chiswick High Road, London W4 4PU Size: 850 sq ft (79 sq m) Date of deal: 22/07/2019 Rent: £54,500 pa, 10-year lease, rent review at fifth year, three months rent-free period Lessor: Construction Capital Lessor’s agent: MJ Finn Commercial Lessee: Flintham Mackenzie Chartered Accountants 43 South Street, Perth PH2 8PD Size: 686 sq ft (64 sq m) Date of deal: 01/06/2019 Rent: £9,950 pa, five-year lease Lessor’s agent: Falconer Property Consultants Lessee: Hollywood Nails To submit your deals, please e-mail deals@egi.co.uk