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National deals round-up

EG’s Most Active Agent competition winners

Herefordshire

  1. Sunderlands
  2. Jackson Property
  3. Harris Lamb

Dealmaker: James Dillon, Sunderlands

“The past 12 months have been difficult for all commercial sectors. In Hereford investors are seeking yields exceeding 8-9% on purchases, while retail properties in central positions are clearly oversupplied . Naturally, the lack of demand and oversupply is understandable in light of the current situation, but prior to this retail was already struggling. Standing out is the high demand for good-quality industrial premises, both for sale and rental. We have also been involved in a number of office sales and lettings, with sales in attracting a number of interested parties if parking is included.”


RETAIL

12-14 St Peter’s Mall, Intu, Derby DE1 2NR

  • Size: 2,418 sqft (225 sq m)
  • Date of deal: 01/08/2020
  • Rent: £25,000 pa, five-year lease, tenant break at year three, three months rent-free
  • Lessor’s agent: Salloway Property Consultants
  • Lessee: Life 2009

3 High Street, Kings Langley WD4 9HT

  • Size: 2,910 sq ft (270 sq m)
  • Date of deal: 17/09/2020
  • Price: £700,000
  • Vendor’s agent: Aitchison Raffety
  • Purchaser: Button Holdings

OFFICE

Duddingston House, 105 Milton Road, Edinburgh EH15 1RB

  • Size: 129 sq ft (12 sq m)
  • Date of deal: 15/08/2020
  • Rent: £2,250 pa, six-month lease
  • Lessor: Duddingston House Properties
  • Lessor’s agent: Cuthbert White & Lambert Smith Hampton
  • Lessee: Flexive

INDUSTRIAL

55, Deerdykes View, Westfield, Cumbernauld G68 9HN

  • Size: 500 sq ft (46 sq m)
  • Date of deal: 31/08/2020
  • Rent: £4,133 pa, five-year lease
  • Lessor: Mileway
  • Lessor’s agent: JLL
  • Lessee: Arria Motor Company

Appleton Industrial Park, Grappenhall Lane, Warrington WA4 4QT

  • Size: 109,747 sq ft (10,196 sq m)
  • Date of deal: 27/07/2020
  • Price: £5,500,000
  • Vendor: Carmel Southend
  • Vendor’s agent: Colliers International
  • Purchaser: Avjon 3

Secure Compound at 27 Commercial Road, Plymouth PL4 0LE

  • Size: 3,790 sq ft (352 sq m)
  • Date of deal: 01/08/2020
  • Rent: £10,500 pa, six-year lease, break at year three.
  • Lessor: Cooper Construction
  • Lessor’s agent: Listers Property Consultants
  • Lessee: Relentless Roofing

Unit 30A, New York Way, New York Industrial Park, North Shields NE27 0QF

  • Size: 15,224 sq ft (1,414 sq m)
  • Date of deal: 09/09/2020
  • Rent: £83,750 pa, 10-year lease
  • Lessor: Silverlink New York
  • Lessor’s agent: Knight Frank
  • Lessee: GM Packaging (UK)

Unit 51 Potters Lane, Kiln Farm, Milton Keynes MK11 3HQ

  • Size: 3,156 sq ft (293 sq m)
  • Date of deal: 15/07/2020
  • Rent: £20,000 pa, five-year lease
  • Lessor’s agent: Lambert Smith Hampton
  • Lessee: BSI International

Unit 7, Data Point, Cody Road, London E16 4SR

  • Size: 6,198 sq ft (576 sq m)
  • Date of deal: 01/08/2020
  • Rent: £142,554 pa, 10-year lease
  • Lessor: Picton Capital
  • Lessor’s agent: Levy Real Estate
  • Lessee: MedExpress

Unit C5, Nevil Shute Road, Portsmouth PO3 5RX

  • Size: 3,492 sq ft (324 sq m)
  • Date of deal: 24/08/2020
  • Rent: £35,000 pa, five-year lease
  • Lessor: Hargreaves Property Holdings
  • Lessor’s agent: Lambert Smith Hampton
  • Lessee: Progression Signage

View all of the latest deals and agent rankings at www.egi.co.uk/radiusdx/contributor-rankings

To submit your deals, please e-mail deals@egi.co.uk

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