National deals round-up

EG’s Most Active Agent competition winners Suffolk Fenn Wright Penn Commercial Beane Wass & Box Barker Storey Matthews Roche Chartered Surveyors Dealmaker: Hamish Stone, Fenn Wright “With the uncertainties revolving around Brexit, followed by the current Covid 19 crisis, the market has certainly had its challenges over the last 12 months. “However, it is encouraging to see the resilience of Suffolk businesses and their ability to react quickly, adapting to fast-changing circumstances. The current crisis will undoubtedly shape the market going forward but enquiries for new space are already beginning to emerge as businesses plan for the ‘new normal’ future.” Norfolk Roche Chartered Surveyors Arnold Keys Brown & Co Bidwells East Commercial Dealmaker: Adrian Fennell, Roche Chartered Surveyors “During the coronaviris lockdown we are still continuing to see a good level of enquiries, particularly from local retailers anticipating the high streets opening again and looking to benefit from more flexible terms in prime locations. “Industrial enquiries remain strong and this is particularly so in Norwich where the city remains relatively robust, with a strong catchment population due to the lack of competing centres and the anticipation of a post coronavirus tourism hike as staycations become increasingly popular. “Freehold property remains resilient, particularly industrial, and there has been no let-up in deal activity.” INDUSTRIAL Davy Markham Industrial Site, Prince Of Wales Road, Sheffield S9 4EX Size: 75,000 sq ft (6,968 sq m) Date of deal: 15/04/2020 Rent: £262,500 pa, 10-year lease Lessor: Clearbell Property Partners II Lessor’s agent: Commercial Property Partners Lessee: Amber Precast Unit 1, Edinburgh Distribution Park, Newbridge Industrial Estate, Newbridge EH28 8PJ Size: 48,739 sq ft (4,527 sq m) Date of deal: 18/02/2020 Rent: £295,000 pa, 10-year lease Lessor: IPIF Lessor’s agents: Colliers International and Lambert Smith Hampton Lessee: Tennent Caledonian Breweries Unit 11, Engineer Park, Babbage Road, Sandycroft CH5 2QD Size: 4,457 sq ft (414 sq m) Date of deal: 24/03/2020 Rent: £20,750 pa, three-year lease Lessor: Dyson Properties Lessor’s agent: Legat Owen Lessee: GPZ Automotive Unit 17, Belleknowes Industrial Estate, Inverkeithing KY11 1HZ Size: 3,477 sq ft (323 sq m) Date of deal: 24/03/2020 Rent: £22,600.50 pa, 10-year lease Lessor: Hermes Investment Management Lessor’s agent: JLL Lessee: Whale Tankers RETAIL 12 Low Pavement, Nottingham NG1 7DL Size: 3,193 sq ft (297 sq m) Date of deal: 06/04/2020 Rent: £55,000 pa, 15-year lease Lessor’s Agent: FHP Property Consultants Lessee: Birrell Bars Unit 7B, Pier 5, The Quays, Chatham ME4 4ZL Size: 1,450 sq ft (135 sq m) Date of deal: 03/04/2020 Rent: £33,000 pa, three months rent-free Lessor: Chatham Quays Commercial Lessor’s agent: Cradick Retail Lessee: Fireaway Chatham OFFICE Salisbury Hall, St Albans Road, St Albans AL2 1BU Size: 154 sq ft (14 sq m) Date of deal: 07/02/2020 Rent: £4,620 pa, three-year lease, lease break at year one Lessor’s agent: Aitchison Raffety Lessee: Capella Computer Solutions Unit 5, Christie Office Park, Christie Way, West Didsbury M21 7QY Size: 4,306 sq ft (400 sq m) Date of deal: 17/01/2020 Price: £725,000 Vendor: Ravensworth Properties Vendor’s agents: Canning O’Neill and Naylors Gavin Black Purchaser: TAGZ Unit 7 Friars Courtyard, Princes Street, Ipswich IP1 1RJ Size: 586 sq ft (54 sq m) Date of deal: 27/02/2020 Rent: £6,200 pa, four-year lease, break at year two, one month rent-free Lessor: OSR Recruitment Services Lessor’s agent: Beane Wass & Box Lessee: Somerville Foundation To submit your deals, please e-mail deals@egi.co.uk