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National deals round-up

OFFICE

4th Floor, Fountain House, 2 Queens Walk, Reading RG1 7QF

Size: 7,685 sq ft (714 sq m)

Date of deal: 01/06/2017

Rent: £161,000 pa, 10-year lease

Lessor: Moorgarth

Lessor’s agents: Hicks Baker and Savills

Lessee: Warranty Direct

Lessee’s agent: BNP Paribas Real Estate

 

4th Floor, Towers Point, Towers Business Park, Wheelhouse Road, Rugeley WS15 1UN

Size: 1,742 sq ft (162 sq m)

Date of deal: 12/05/2017

Rent: £12,195 pa, five-year lease, third-year rent review and break, three months rent free

Lessor’s agents: Andrew Dixon

Lessee: Avantis Hardware

 

One Stockport Exchange, Wellington Road South, Stockport SK1 3TA

Size: 10,118 sq ft (940 sq m)

Date of deal: 30/05/2017

Rent: £217,537 pa, 10-year lease

Lessor: Muse Developments

Lessor’s agents: CBRE and Cushman & Wakefield

Lessee: Music Magpie

Lessee’s agent: Cushman & Wakefield

 

Telegraph Building, York Street, Sheffield S1 1PU

Size: 102,858 sq ft (9,556 sq m)

Date of deal: 01/06/2017

Price: £3,600,000

Vendor: Johnston Press

Vendor’s agent: Rapleys

Purchaser: Toscafield Property 2

 

Unit 7, Interchange 25 Business Park, Bostocks Lane, Sandiacre NG10 5QG

Size: 5,450 sq ft (506 sq m)

Date of deal: 28/04/2017

Rent: £70,000 pa, five-year lease, 12 months rent free

Lessor: Hortons Estates

Lessor’s agent: FHP Property Consultants

Lessee: Air IT

INDUSTRIAL

Unit 1, York Road, Chapelhall, Airdrie ML6 8HW

Size: 20,000 sq ft (1,858 sq m)

Date of deal: 06/06/2017

Rent: £140,000 pa, 10-year lease

Lessor: JMG Holdings

Lessor’s agents: Ryden and JLL

Lessee: Movianto UK

 

Unit 11, Ashchurch Industrial Estate, Alexandra Way, Tewkesbury GL20 8NB

Size: 5,437 sq ft (505 sq m)

Date of deal: 12/06/2017

Rent: £27,000 pa, five-year lease, break option at year three, three months rent free

Lessor’s agent: Fisher German

Lessor: Legal & General Property Partners (Industrial Fund)

Lessee’s agent: KBW Chartered Surveyors

Lessee: Swan Lane Engineering

 

Unit 23, ARD Business Park, Polo Grounds, New Inn, Pontypool NP4 0SW

Size: 1,021 sq ft (95 sq m)

Date of deal: 26/05/2017

Rent: £8,270 pa, three-year lease

Lessor’s agents: Jenkins Best, Knight Frank & M7 Lease Estates

Lessee: Fitfam Foods

 

Unit 3, Nova Buildings, Gore Road, New Milton BH25 6RT

Size: 5,021 sq ft (466 sq m)

Date of deal: 15/05/2017

Rent: £22,500 pa, eight-year lease, three months rent free, mutual break year three

Lessor: Hamilton Scott Estates

Lessor’s agents: Hughes Ellard

Lessee: Garage Homegrown

 

Unit B2 Whitehall Indsutrial Estate, Commerce Way, Colchester CO2 8HR

Size: 6,219 sq ft (578 sq m)

Date of deal: 15/04/2017

Rent: £30,000 pa, 10-year lease, break and review at five, two months rent free

Lessor’s agent: Fenn Wright

Lessor: Chaldean Properties

Lessee: Maypole Press

 

Unit C2, Greenhill Industrial Estate, Kidderminster DY10 2RN

Size: 2,937 sq ft (273 sq m)

Date of deal: 31/05/2017

Rent: £10,000 pa, three-year lease, two months rent free

Lessor: Adam Carpets

Lessee: Peak Safety Services

RETAIL

127 Northumberland Street, Newcastle Upon Tyne NE1 7AG

Size: 2,484 sq ft (231 sq m)

Date of deal: 31/05/2017

Rent: £130,000 pa, 10-year lease, five-year break and rent review

Lessor: St Cuthbert Estate

Lessor’s agent: @retail

Lessee: TUI UK

Lessee’s agent: Lambert Smith Hampton

 

133 High Street, Rickmansworth WD3 1AN

Size: 352 sq ft (33 sq m)

Date of deal: 15/05/2017

Rent: £14,000 pa, 10-year lease, rent review at year five

Lessor’s agent: Smiddy & Co

Lessee: Resist

 

7 Mossvale Crescent, Glasgow G33 5NZ

Size: 558 sq ft (52 sq m)

Date of deal: 20/04/2017

Rent: £6,000 pa, one-year lease

Lessor: City Property (Glasgow) LLP

Lessor’s agent: Graham & Sibbald

Lessee: Independent for Nokia

 

Unit 3, Radclyffe Park, Phoebe Street, Salford M5 3PH

Size: 717 sq ft (67 sq m)

Date of deal: 15/05/2017

Rent:£8,963 pa, 10-year lease, six months rent free,half rent years two and three, rent review year four, break year three

Lessor’s agent: Daniel Harris & Co

Lessor: Vassillis

Lessee: Avesta Hair & Beauty

 

47 Smallgate, Beccles NR34 9AE

Size: 1,094 sq ft (102 sq m)

Date of deal: 15/04/2017

Rent: £10,500 pa, 10-year lease, one month rent free, break in fifth year

Lessor’s agent: Durrants

Lessor: Cravenwood

Lessee: The Waveney Clinic


EG’s Most Active Agent competition winners

BRISTOL

  1. Burston Cook
  2. Alder King Property Consultants
  3. Hartnell Taylor Cook LLP
  4. Savills
  5. Colliers International

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 Bristol, so it is fantastic to receive this recognition. As occupiers located at the heart of BS1, we have noticed the city centre come to life over the past few years and demand remains strong for offices across Bristol city centre and Clifton.”

To submit your deals please e-mail deals@egi.co.uk or tweet @egideals

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