National deals round-up

The pick of this week’s deals from across the regions. INDUSTRIAL 5 Spring Park, Maylands Avenue, Hemel Hempstead HP2 7ER Size: 8,175 sq ft ( 759  sq m) Date of deal: 30/10/2020 Rent: £110,362, 15 year-lease Lessor: M&G Real Estate Lessor’s agent: Brasier Freeth Lessee: Abbots UK 8 Bankhead Crossway North, Edinburgh EH11 4DT Size: 18,204 sq ft (1,691 sq m) Date of deal: 26/11/2020 Price: £3m, 5.31% net initial yield Vendor: Vardy Property Group Vendor’s agent: CKD Galbraith Purchaser: Westerwood Properties Purchaser’s agent: Ryden Unit 1, Ellesfield Avenue, Bracknell RG12 8YS Size: 3,745 sq ft (348 sq m) Date of deal: 01/10/2020 Rent: £49,210 pa 10-year lease Lessor: Big Yellow Storage Company Lessor’s agent: JLL Lessee: Capital (Hair & Beauty) Unit 1B, Sapper Jordan Rossi Park, Baildon BD17 7AX Size: 3,000 sq ft (279 sq m) Date of deal: 27/11/2020 Rent: £20,000 pa, two-year lease, one month rent-free Lessor’s agent: Brackenridge Hanson Tate Lessee: Staywarm Energy (North) OFFICE 40 Peter Street, Manchester M2 5GP Size: 4,752 sq ft (441 sq m) Date of deal: 11/09/2020 Price: £1.2m, 7.42% net initial yield Vendor’s agent: Christopher Dee Purchaser: Hurstwood Holdings Purchaser’s agent: King Street Commercial Unit 29, Abercrombie Court, Arnhall Business Park, Westhill AB32 6FE Size: 5,205 sq ft (484 sq m) Date of deal: 23/11/2020 Rent: £85,000 pa, three-year lease, annual lease break Lessor: RB Farquhar Lessor’s agent: FG Burnett Lessee: Deepocean Subsea Services RETAIL 24 Camden Road, Camden, London NW1 9DP Size: 500 sq ft (46 sq m) Date of deal: 10/11/2020 Rent: £30,000 pa, assignment of an existing 15-year lease which expires on 1 July 2024, five-yearly rent review, premium of £10,000 paid by the ingoing tenant Assignor: China Remedy & Beauty Assignor’s agent: Claridges Commercial Assignee: Hazy Trails 25/26 Bridge Street, Cambridge CB2 1UJ Size: 3,991 sq ft (371 sq m) Date of deal: 06/11/2020 Rent: £88,695 pa, 15-year lease Lessor: Magdalene College Lessor’s agent: Cheffins Lessee: Gastro Pubs 49 High Street, Crediton EX17 3JX Size: 499 sq ft (46 sq m) Date of deal: 22/10/2020 Rent: £5,400 pa, three-year lease Lessor’s Agent: Haarer Goss Lessee: Engraved Ink SU312, Victoria Centre, Nottingham NG1 3PZ Size: 748 sq ft (69 sq m) Date of deal: 12/11/2020 Rent: £25,000 pa, five-year lease Lessor: Victoria Centre Partnership Lessor’s agent: FHP Property Consultants Lessee: Phone Mart 52 To submit your deals, please e-mail deals@egi.co.uk View all of the latest deals plus agent rankings at www.egi.co.uk/radiusdx/contributor-rankings