“Despite the circumstances of the last six months, Gloucestershire’s commercial property market remains active, with a level of transactions that stand up to comparison with any other period in recent time. Demand across most commercial sectors is good, once again demonstrating the resilience of the Gloucestershire market.”
RETAIL
65-66a East Street, Chichester PO19 1HL
Size: 7,051 sq ft (655 sq m)
Date of deal: 10/07/2020
Price: £3,000,000. 8.75% yield
Vendor: Aberdeen Standard Investments
Vendor’s agent: Fawcett Mead
Crystal Peaks Shopping Centre, Eckington Way, Sheffield S20 7PN (pictured)
Size: 2,182 sq ft (203 sq m)
Date of deal: 20/07/2020
Rent: £74,500 pa, five-year lease
Lessor: Albany Courtyard Investments
Lessor’s agent: FHP Property Consultants
Lessee: Cardzone
INDUSTRIAL
16 Abbots Business Park, Kings Langley WD4 8FS
Size: 2,070 sq ft (192 sq m)
Date of deal: 09/09/2020
Rent: £27,000 pa, five-year lease, tenant break at third year
EG’s Most Active Agent competition winners
Gloucestershire
Alder King
Savills
Christie & Co
Burston Cook
KBW Chartered Surveyors
Dealmaker: Adrian Rowley, Alder King
“Despite the circumstances of the last six months, Gloucestershire’s commercial property market remains active, with a level of transactions that stand up to comparison with any other period in recent time. Demand across most commercial sectors is good, once again demonstrating the resilience of the Gloucestershire market.”
RETAIL
65-66a East Street, Chichester PO19 1HL
Size: 7,051 sq ft (655 sq m)
Date of deal: 10/07/2020
Price: £3,000,000. 8.75% yield
Vendor: Aberdeen Standard Investments
Vendor’s agent: Fawcett Mead
Crystal Peaks Shopping Centre, Eckington Way, Sheffield S20 7PN (pictured)
Size: 2,182 sq ft (203 sq m)
Date of deal: 20/07/2020
Rent: £74,500 pa, five-year lease
Lessor: Albany Courtyard Investments
Lessor’s agent: FHP Property Consultants
Lessee: Cardzone
INDUSTRIAL
16 Abbots Business Park, Kings Langley WD4 8FS
Size: 2,070 sq ft (192 sq m)
Date of deal: 09/09/2020
Rent: £27,000 pa, five-year lease, tenant break at third year
Lessor’s agent: Aitchison Raffety
Lessee: Excalibur Auctions
14 Albion Way, Kelvin Industrial Estate, Glasgow G75 0YN
Size: 2,154 sq ft (200 sq m)
Date of deal: 17/08/2020
Rent: £11,309 pa, three-year lease
Lessor: Marble Acquisitions
Lessor’s agent: Gerald Eve
Lessee: Centurion Site Services
Rossendale Road Industrial Estate, Farrington Close, Burnley BB11 5SH
Size: 20,400 sq ft (1,895 sq m)
Date of deal: 05/08/2020
Rent: £77,000 pa, five-year lease
Lessor’s agent: White Acres
Lessee: Efinity Labs
Unit A Broombank Road, Sheepbridge Industrial Estate, Chesterfield S41 9QJ
Size: 2,895 sq ft (269 sq m)
Date of deal: 19/08/2020
Rent: £20,000 pa, five-year lease
Lessor’s agent: Knight Frank
Lessee: Briq Furniture
OFFICE
Blue Boar Court, 9 Alfred Street, Oxford OX1 4EH
Size: 2,750 sq ft (255 sq m)
Date of deal: 26/06/2020
Rent: £68,750 pa, five year lease
Lessor’s agents: VSL and Partners
Lessee: GitHub
Unit 1A Archant House, Babbage Road, Totnes TQ9 5JA
Size: 6,000 sq ft (557 sq m)
Date of deal: 07/07/2020
Rent: £43,000 pa, seven-year lease, breaks in years one, two and three
Lessor’s agent: Listers Property Consultants
Lessee: NHBS
Grove House, 1 Kilmartin Place, Tannochside Park, Uddingston G71 5PH
Size: 606 sq ft (56 sq m)
Date of deal: 28/08/2020
Rent: £6,060 pa, three-year lease
Lessor: TCS Leasehold Investments
Lessor’s agent: Avison Young Commercial Real Estate
Lessee: IT Dimensions (Scotland)
Trojan House, 34 Arcadia Avenue, Finchley Central, London N3 2JU
Size: 4,230 sq ft (393 sq m)
Date of deal: 10/08/2020
Price: £2,175,000, development opportunity
Vendor: Trojan House
Vendor’s agent: Michael Berman & Co
Purchaser: Finchley Estates
To submit your deals, please e-mail deals@egi.co.uk
Photo: David Morris/ Wikimedia Commons
