National deals round-up

EG’s Most Active Agent competition winners SUSSEX Flude Commercial Crickmay SHW Carr & Priddle Cushman & Wakefield Dealmaker: Mikael Goldsmith, Flude Commercial “Overall, 2019 was a challenging year across most sectors, owing to uncertainties around the political landscape and, in turn, economic implications. We did, though, see continued strong demand for industrial/warehouse space from occupiers, and a lack of suitable space within this sector has resulted in good rental growth.  “The office market in Sussex remained varied. Brighton was the star performer, where headline rents achieved on grade-A space are now regularly in excess of £30 per sq ft, and in some instances touching £35 per sq ft.  “On a national level, the retail market has been struggling, but locally we have still been able to let units if landlords are willing to be flexible. 2020 has seen a strong and busy start, which we expect to continue.” INDUSTRIAL B5-B6 Medway Valley Park, Strood ME2 2JU Size: 19,829 sq ft (1,842 sq m) Date of deal: 04/12/2019 Rent: £178,461 pa, 25-year lease, break at year 15, rent review at year five Lessor: Legal & General Properties Lessor’s agent: Watson Day Chartered Surveyors Lessee: The Meapa Gymnastics Club Unit 16, Bloomfield Park, Tipton DY4 9AH Size: 2,247 sq ft (209 sq m) Date of deal: 28/02/2020 Rent: £14,606 pa, three-year lease, tenant break at year two, two months rent free Lessor: Prudential Assurance Company Lessor’s agent: Fisher German Lessee: Pearson & Pearson Holdings Unit 2, Holland Park, Factory Road, Sandycroft CH5 2QL Size: 1,892 sq ft (176 sq m) Date of deal: 06/03/2020 Rent: £13,200 pa, five-year lease, break at year three, three months rent free Lessor: Hollingsworth Bros Lessor’s agent: Legat Owen Lessee: NDT Group Unit 2, Douglas Court, West Henderson’s Wynd, Dundee DD1 5BY Size: 727 sq ft (68 sq m) Date of deal: 13/12/2019 Rent: £4,200 pa, one-year lease Lessor: Dundee Industrial Association Lessor’s agent: Shepherd Commercial Lessee: APM Joinery Unit 5, Wellington Business Park, Duke’s Ride, Crowthorne RG45 6AN Size: 1,100 sq ft (102 sq m) Date of deal: 13/12/2019 Rent: £19,500 pa, five-year lease, two months rent free. Lessor: The Gilliam Comfort SIPP Lessor’s agent: Hollis Hockley Lessee: Heatrod Elements OFFICE 2 Printing House Yard, London E2 7PR Size: 1,254 sq ft (117 sq m) Date of deal: 23/01/2020 Rent: £53,295 pa, two-year lease Lessor: 2 PHY Lessor’s agent: Stirling Ackroyd Lessee: Atelier Ten 2nd Floor Suite, Hubbard House, 6 Civic Drive, Ipswich IP1 2QA Size: 2,914 sq ft (271 sq m) Date of deal: 14/01/2020 Rent: £13,150 pa, three-year lease Assignor: Hubbard Trust Assignor’s agent: Reader Commercial Assignee: Pearson Professional Assessment Assignee’s agent: Beane Wass & Box 56 West Street, Rochford SS4 1AJ Size: 1,222 sq ft (114 sq m) Date of deal: 31/01/2020 Price: £245,000 Vendor’s agent: Dedman Gray Consultants Purchaser: Kaiser Tech Voiteq Premises, Whitehills Business Park, Neptune Court, Blackpool FY4 5LZ Size: 8,977 sq ft (834 sq m) Date of deal: 19/12/2019 Price: £876,500 Vendor: Whiteq Vendor’s agent: Robert Pinkus & Co Purchaser: Fairside Trustees RETAIL 119 Pinstone Street, Sheffield S1 2HL Size: 2,016 sq ft (187 sq m) Date of deal: 29/02/2020 Rent: £45,000 pa, eight-year lease Lessor: Prudential Estates Lessor’s agent: Crosthwaite Commercial Lessee: Beres Pork Shops 2-4 Maule Street, Dundee DD5 4JN Size: 1,193 sq ft (111 sq m) Date of deal: 14/01/2020 Rent: £15,000 pa, 10-year lease, five-year break Lessor’s agent: Shepherd Commercial Lessee: Bridal Boutique 442 Wimborne Road, Bournemouth BH9 2HB Size: 1,468 sq ft (136 sq m) Date of deal: 28/01/2020 Rent: £22,000 pa, five-year lease Lessor’s agent: Ellis & Partners Lessee: They Do Dough Unit 4, The Axis, Upper Parliament Street, Nottingham NG1 6LF Size: 3,131 sq ft (291 sq m) Date of deal: 16/02/2020 Rent: Stepped rent rising to £50,000 pa in year five, 10-year lease, 12 months rent free Lessor’s agent: heb Chartered Surveyors Lessee: Casa Nottingham 51 High Street, Blackburn BB1 4LD Size: 3,738 sq ft (347 sq m) Date of deal: 22/01/2020 Price: £165,200 Vendor: Daniel Thwaites Vendor’s agent: Trevor Dawson Chartered Surveyors To submit your deals, please e-mail deals@egi.co.uk