National deals round-up

EG’s Most Active Agent competition winner Merseyside CBRE Hitchcock Wright & Partners B8 Real Estate Worthington Owen Mason Owen Dealmaker: Andrew Byrne, CBRE “After a record 2018, take-up in 2019 was more in line with the five-year average, as we continued to see downward pressure on the supply chain. This was the case particularly within the commercial district, where supply contracted by 44%, hitting an all-time low by the end of the year. “The demand for grade-A space within Merseyside has never been higher, and it is growing year on year. In light of Covid-19, we expect to see a flight to quality as occupiers look for space that offers additional amenity over and above the core office.” INDUSTRIAL 34 Parr Street, St Helens WA9 1JZ Size: 4,702 sq ft (437 sq m) Date of deal: 20/04/2020 Rent: £25,000 pa, five-year lease Lessor’s agent: Hitchcock Wright & Partners Lessee: Just a Bargain Online Perivale Park Industrial Estate, Horsenden Lane South, London UB6 7RL Size: 593,000 sq ft (55,091 sq m) Date of deal: 07/05/2020 Price: £202.5m, 3.5% yield Lessor: Federated Hermes Lessor’s agent: Acre Capital Real Estate Lessee: Segro Lessee’s agent: Altus Property Services Unit 4, Roseville Business Park, Roseville Road, Leeds LS8 5DR Size: 13,353 sq ft (1,241 sq m) Date of deal: 01/06/2020 Rent: £100,148 pa, five-year lease Lessor: Warehouse REIT Lessor’s agents: Carter Towler and Savills Lessee: Leeds & York Partnership NHS Foundation Unit 5, Mitchell Way, Portsmouth PO3 5PR Size: 4,947 sq ft (459 sq m) Date of deal: 09/03/2020 Rent: £43,286 pa, six-year lease Lessor: Threadneedle Pensions Lessee: Secretary of State for Communities & Local Government Lessee’s agent: Lambert Smith Hampton Unit 5, 2 McCall’s Avenue, Ayr KA8 9AE Size: 2,170 sq ft (202 sq m) Date of deal: 16/03/2020 Rent: £8,000 pa, two-year lease Lessor: Millside Properties Lessor’s agent: Shepherd Commercial Lessee: AT Bodykits Unit 5, Engineer Park, Babbage Road, Deeside CH5 2QD Size: 3,119 sq ft (290 sq m) Date of deal: 27/05/2020 Stepped rent: Year 1: £12,000; Year 2: £14,000; Years 3-5: £15,000 pa, five-year lease, break at year three Lessor: Dresler Smith Lessor’s agent: Legat Owen Lessee: AJCS Logistics Unit 8, Mainstream 47, Mainstream Way, Birmingham B7 4SN Size: 2,682 sq ft (249 sq m) Date of deal: 01/05/2020 Rent: £16,100 pa, five-year lease Lessor’s agent: Siddall Jones Lessee: Remaned UK OFFICE 18-20 George Street, Edinburgh EH2 2PF Size: 2,567 sq ft (238 sq m) Date of deal: 15/05/2020 Rent: £38,505 pa, five-year lease Lessor: Kiltane (Royal Mile) Lessor’s agent: JLL Lessee: IO Tech Systems 9400, Oxford Business Park, Oxford OX4 2HN Size: 11,432 sq ft (1,062 sq m) Date of deal: 08/04/2020 Rent: £354,392.50 pa, 10-year lease, tenant break at years three and five, 12 months rent free Lessor: Arlington Lessor’s agent: VSL and Partners Lessee: Oxford Biomedia To submit your deals, please e-mail deals@egi.co.uk