National deals round-up

The pick of the deals from around the country OFFICE 132 Queens Road, Brighton BN1 3WB Size: 1,415 sq ft (131 sq m) Date of deal: 29/11/2019 Rent: £32,545 pa, five-year lease. Tenant-only break at year three, rent review at year two, three months rent free Lessor: Smarter Shows Lessor’s agent: Flude Commercial Lessee: Optanet B2 Ground Floor, Custom House, The Waterfront, Brierley Hill DY5 1XH Size: 2,980 sq ft (277 sq m) Date of deal: 24/01/2020 Rent: £25,330 pa, five-year lease, tenant break at year two, five months rent free Lessor: Intu Properties Lessor’s agent: Fisher German Lessee: Poole Waterfield 8 Bankside, Long Hanborough OX29 8LJ Size: 1,895 sq ft (176 sq m) Date of deal: 05/12/2019 Rent: £35,057 pa, five-year lease, mutual break at year three, six months rent free Lessor’s agent: VSL & Partners Lessee: Foreman Roberts Consultants Kidd House, Whitehall Road, Leeds LS12 1AP Size: 6,556 sq ft (609 sq m) Date of deal: 01/12/2019 Rent: £90,000 pa, 10-year lease, five-year break Lessor’s agent: WSB Property Consultants Lessee: Prime Focus 18 Queens Road, Aberdeen AB15 4ZT Size: 4,304 sq ft (400 sq m) Date of deal: 03/12/2019 Rent: £82,500 pa, 10-year lease Lessor’s agent: FG Burnett Lessee: Oil & Gas Technology Centre 2 Long Street, London E2 8HQ Size: 1,051 sq ft (98 sq m) Date of deal: 16/12/2019 Rent: £39,525 pa, three-year lease Lessor: H Smith Holdings Lessor’s agent: Stirling Ackroyd Lessee: Stuart Delivery 1st Floor, The Beam, Plater Way, Sunderland SR1 3AD Size: 11,000 sq ft (1,022 sq m) Date of deal: 01/02/2020 Rent: £187,000 pa, 10-year lease Lessor: Sunderland City Council Lessor’s agents: Knight Frank and Naylors Gavin Black Lessee: Asset55 1st Floor, 3C Saxon Square, Christchurch BH23 1QA Size: 1,055 sq ft (90 sq m) Date of deal: 04/12/2019 Rent: £11,000 pa, lease of two years and 10 months Lessor’s agent: Ellis & Partners Lessee: No 1 Barratt Unit 25, Narborough Wood Park, Lubbesthorpe LE19 4XT Size: 1,160 sq ft (108 sq m) Date of deal: 01/12/2019 Rent: £17,350 pa, five-year lease, break at year three Lessor’s agent: Wells McFarlane Lessee: Momentum Broker RETAIL 4 Executive Park, Hatfield Road, St Albans AL1 4TA Size: 1,246 sq ft (116 sq m) Date of deal: 28/11/2019 Rent: £18,570 pa, five-year lease, break and rent review at year three Lessor: M7 Real Estate Lessor’s agent: Aitchison Raffety Lessee: LED Creative Spring Garden Mill, Turf Street, Burnley BB11 3PB Size: 18,020 sq ft (1,674 sq m) Date of deal: 01/02/2020 Rent: £40,000 pa, seven-year lease, two months rent free Lessor’s agent: White Acres Lessee: Process Instruments INDUSTRIAL Block 9, Clydesmill Drive, Cambuslang, Glasgow G32 8NL Size: 13,187 sq ft (1,225 sq m) Date of deal: 03/02/2020 Price: £1.125m, 7.75% yield Vendor: Danobe Securities Vendor’s agent: Ryden Purchaser: Cable Properties and Investments Old Jamaica Business Estate, London SE16 4AW Size: 14,255 sq ft (1,324 sq m) Date of deal: 15/12/2019 Price: £7m Vendor: Network Rail Vendor’s agent: Doherty Baines Purchaser: Safestore Unit 1, Britannia House, Dock Road, Birkenhead, CH41 1DF Size: 4,059 sq ft (377 sq m) Date of deal: 06/02/2020 Rent: £6,089 pa, 10-year lease, review at year five Lessor’s agent: Legat Owen Lessee: Grade 2 Structural Engineers Unit 40/41, Springvale Industrial Estate, Cwmbran NP44 5BD Size: 11,447 sq ft (1,063 sq m) Date of deal: 06/12/2019 Rent: £48,650 pa, seven-year lease Lessor’s agent: Jenkins Best Commercial Property Consultants Lessee: Saint-Gobain Building Distribution Unit F, Longman Industrial Estate, 24 Longman Drive, Inverness IV1 1SU Size: 6,654 sq ft (618 sq m) Date of deal: 17/12/2019 Rent: £48,500 pa, 15-year lease Lessor: Henderson Group Lessor’s agent: Shepherd Commercial Lessee: MJM Timber To submit your deals, please e-mail deals@egi.co.uk