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National deals round-up

The pick of the deals from around the country

INDUSTRIAL

Gelderd Cross, Gelderd Road, Leeds LS12 6HJ

  • Size: 65,000 sq ft (6,039 sq m)
  • Date of deal: 16/12/2019
  • Rent: £325,000 pa, 10-year lease
  • Lessor: Towngate
  • Lessor’s agents: Carter Towler and Eddisons
  • Lessee: Harrison Bathrooms

Unit 1, 18 Metcalfe Road, Middlesbrough TS6 6PT

  • Size: 1,700 sq ft (158 sq m)
  • Date of deal: 12/12/2019
  • Rent: £9,000 pa, 10-year lease
  • Lessor’s agent: Sanderson Weatherall
  • Lessee: EMW Trade

Unit 10, Farrier Road, Lincoln LN6 3RU

  • Size: 2,098 sq ft (195 sq m)
  • Date of deal: 16/12/2019
  • Rent: £10,500 pa, six-year lease, break and rent review at year three
  • Lessor’s agent: Banks Long & Co
  • Lessee: Cartivel HVC

Unit 12, Fiddlebridge Industrial Estate, Hatfield AL10 0DE

  • Size: 412 sq ft (38 sq m)
  • Date of deal: 17/12/2019
  • Rent: £7,500 pa, three-year lease
  • Lessor’s agent: Brasier Freeth
  • Lessee: Joinery Specialists (UK)

Unit 15, Halesowen Industrial Park, Chancel Way, Halesowen B62 8SE

  • Size: 12,572 sq ft (1,168 sq m)
  • Date of deal: 13/12/2019
  • Rent: £63,000 pa, 10-year lease, tenant-only break, upward-only rent review at year five
  • Lessor: LTA Gallop
  • Lessor’s agent: Fisher German
  • Lessee: CP Hire (GB)

Unit 8, Kings Court, Prince William Avenue, Sandycroft CH5 2QZ

  • Size: 4,732 sq ft (440 sq m)
  • Date of deal: 16/12/2019
  • Rent: £30,000 pa, 10-year lease, break and review at year five
  • Lessor: Hollingsworth Bros
  • Lessor’s agent: Legat Owen
  • Lessee: Haus Interiors

OFFICE

1a Esperanto Way, Newport NP19 0RD

  • Size: 3,151 sq ft (293 sq m)
  • Date of deal: 01/12/2019
  • Rent: £20,000 pa, three-year lease
  • Lessor’s agent: NP Linnels
  • Lessee: Motahub

1st Floor, 5c Parkway, Porter Wood, St Albans AL3 6PA

  • Size: 748 sq ft (69 sq m)
  • Date of deal: 21/12/2019
  • Rent: £11,963 pa, five-year lease, break at third year, one‑month rent-free period
  • Lessor: Pexhurst Property
  • Lessor’s agent: Aitchison Raffety
  • Lessee: Your Favourite Teacher

1st Floor, T5 Dudley Court North, The Waterfront, Brierley Hill DY5 1XP

  • Size: 1,632 sq ft (152 sq m)
  • Date of deal: 29/11/2019
  • Rent: £6,500 pa (year 1), £7,500 pa (year 2), £8,500 pa (year 3), £10,000 pa (years 4-7), seven-year lease, tenant-only break at year five, one month rent free
  • Lessor: The Clancy Group
  • Lessor’s agent: Fisher German
  • Lessee: Wem Tech Solutions

3rd Floor, 14 Mitchell Lane, Glasgow G1 3NU

  • Size: 3,683 sq ft (342 sq m)
  • Date of deal: 15/09/2019
  • Price: £257,810
  • Vendor: John Macintyre & Son
  • Vendor’s agent: McNicol Property Consultants
  • Purchaser: Interactive Group

Sir Ian Wood House, City Park, Hareness Road, Aberdeen AB12 3LE

  • Size: 216,000 sq ft (20,067 sq m)
  • Date of deal: 16/12/2019
  • Price: £80m, 7% yield
  • Vendor: HFD Property
  • Vendor’s agent: Avison Young
  • Purchaser: LCN Capital Partners
  • Purchaser’s agent: Cushman & Wakefield

Unit 2.3, Waulk Mill, Bengal Street, Manchester M4 6LN

  • Size: 1,311 sq ft (122 sq m)
  • Date of deal: 01/12/2019
  • Rent: £27,531 pa, five-year lease, three-year break
  • Lessor: Urban Splash
  • Lessor’s agents: Canning O’Neill and Daniel Harris & Co
  • Lessee: Primary Eye Care

RETAIL

130 High Street, Falkirk FK1 1NR

  • Size: 4,359 sq ft (405 sq m)
  • Date of deal: 30/12/2019
  • Rent: £32,500 pa, 10-year lease
  • Lessor: Regional REIT
  • Lessor’s agents: Cushman & Wakefield and Lambert Innes
  • Lessee: Specsavers

135 High Street, Oxford OX1 4DN

  • Size: 1,166 sq ft (108 sq m)
  • Date of deal: 16/12/2019
  • Rent: £70,000 pa, 10-year lease, rent review at fifth year
  • Lessor’s agent: DMA
  • Lessee: Ace & Tate

60-62 George Street, Altrincham WA14 1RF

  • Size: 2,114 sq ft (196 sq m)
  • Date of deal: 13/12/2019
  • Price: £650,000, 7.61% yield
  • Vendor: Lunar Altrincham
  • Vendor’s agents: Barker Proudlove and HRH Retail
  • Purchaser’s agent: Zameero Real Estate

71 Newmarket Street, Ayr KA7 1LL

  • Size: 592 sq ft (55 sq m)
  • Date of deal: 29/11/2019
  • Rent: £6,500 pa (year 1), £7,000 pa (year 2), £8,000 pa (year 3), three-year lease, lease break after two years, one month rent free
  • Lessor’s agent: Shepherd Commercial
  • Lessee: White House Weddings & Events

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

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