INDUSTRIAL
Unit 12, Langley Wharf, Kings Langley WD4 8JE
■ Size: 3,553 sq ft (328 sq m)
■ Date of deal: 27/07/2017
■ Price: £550,000
■ Vendor’s agent: Brasier Freeth
■ Purchaser: Peachtree
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Herbert House, Elizabeth Way, Harlow CM19 5FE
■ Size: 33,842 sq ft (3,144 sq m)
■ Date of deal: 17/07/2017
■ Price: £1,675,000
■ Vendor: Hornbuckle Mitchell Trustees
■ Vendor’s agent: Boston Fieldgate
■ Purchaser: Boran Properties
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Unit 9E, Nuffield Trade Park, Abingdon OX14 1RN
■ Size: 2,960 sq ft (275 sq m)
■ Date of deal: 16/06/2017
■ Rent: £75,000 pa, 10-year lease, break and rent review at year five, six months rent free
■ Lessor: Dunmoore Group
■ Lessor’s agent: Rapleys
■ Lessee: Trinity Fire & Safety Security Systems
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Unit B8, Ratio Park, Finepoint Way, Kidderminster DY11 7FB
■ Size: 1,147 sq ft (107 sq m)
■ Date of deal: 31/07/2017
■ Price: £143,375
■ Vendor: Chase Commercial
■ Vendor’s agent: Fisher German
■ Purchaser: Tills Direct
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Unit 6, South Lancashire Industrial Estate, Lockett Road, Ashton-In-Makerfield WN4 8DE
■ Size: 75,892 sq ft (7,051 sq m)
■ Date of deal: 01/08/2017
■ Rent: £330,000 pa, 10-year lease
■ Lessor: Marble Acquisitions
■ Lessor’s agent: B8 Real Estate and Littler & Associates
■ Lessor’s asset manager: M7 Real Estate
■ Lessee: Pallet-Track
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LEISURE
The Bay Horse, Main Street, Wetherby LS22 4DZ
■ Size: 2,045 sq ft (190 sq m)
■ Date of deal: 01/07/2017
■ Price: £301,250
■ Vendor: EI Group
■ Vendor’s agent: James A Baker Consultants
■ Purchaser: Illuminating Investments
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OFFICE
16 Regent Place, Birmingham B1 3NJ
■ Size: 1,600 sq ft (149 sq m)
■ Date of deal: 01/06/2017
■ Rent: £16,000 pa, three-year lease, three months rent free
■ Lessor: Urban Workspace
■ Lessor’s agent: Bespoke Office Solutions
■ Lessee: Align Architects
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1st Floor, 4 Colston Avenue, Bristol BS1 4TT
■ Size: 5,876 sq ft (546 sq m)
■ Date of deal: 05/07/2017
■ Rent: £106,000 pa, four-year lease
■ Lessor’s agent: Savills
■ Lessee: Prysm Media Group
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1st Floor, 58-60 St Aldates, Oxford OX1 1ST
■ Size: 1,255 sq ft (117 sq m)
■ Date of deal: 15/06/2017
■ Rent: £36,395 pa, five-year lease
■ Lessor: Vantage Property
■ Lessor’s agent: VSL & Partners
■ Lessee: Exmile Solutions
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2nd Floor, 13 Low Glencairn Street, Kilmarnock KA1 4DG
■ Size: 2,820 sq ft (262 sq m)
■ Date of deal: 15/07/2017
■ Rent: £20,000 pa, 10-year lease, six months rent free
■ Lessor: Largs Properties
■ Lessor’s agent: Shepherd Commercial
■ Lessee: Common Thread Group
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Harlow Court, Otley Road, Harrogate HG3 1PU
■ Size: 7,300 sq ft (678 sq m)
■ Date of deal: 01/07/2017
■ Price: £1m
■ Vendor: TM Trustees
■ Vendor’s agent: Carter Jonas
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Ladykirk House, Skye Road, Prestwick KA9 2TA
■ Size: 1,162 sq ft (108 sq m)
■ Date of deal: 15/07/2017
■ Rent: £12,000 pa, five-year lease, three months rent free
■ Lessor: Ladykirk Properties
■ Lessor’s agent: Shepherd Commercial
■ Lessee: Bauer Media
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Ground Floor, Maybrook House, Queensway, Halesowen B63 4AH
■ Size: 2,925 sq ft (272 sq m)
■ Date of deal: 24/07/2017
■ Rent: £23,400 pa, five-year lease, upward only rent review at third year, tenant only breaks at 18 months, years three and four.
■ Lessor: Regal Invest
■ Lessor’s agent: Fisher German
■ Lessee: Lancaster
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Mere House, 34 Market Street, Altrincham WA14 1PF
■ Size: 2,020 sq ft (188 sq m)
■ Date of deal: 19/06/2017
■ Rent: £32,000 pa, 15-year lease, 10-year break
■ Lessor’s agent: Regional Property Solutions
■ Lessee: Monkey Puzzle Nurseries
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Suite 4, Crown House, High Street, Hartley Wintney RG27 8NW
■ Size: 1,075 sq ft (100 sq m)
■ Date of deal: 01/06/2017
■ Rent: £17,500 pa, five-year lease, break at years two, three and four
■ Lessor: Amprop
■ Lessor’s agents: Hollis Hockley and BDT
■ Lessee: Zincox Resources
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Suite 83, Spencer House, Dewhurst Road, Warrington WA3 7PG
■ Size: 1,915 sq ft (178 sq m)
■ Date of deal: 01/07/2017
■ Rent: £21,064 pa, three-year lease
■ Lessor: Redefine
■ Lessor’s agent: BE Group
■ Lessee: Restore Your Home
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Suites 14a, b & 15, Raglan House, Llantarnam Park, Cwmbran NP44 3AB
■ Size: 730 sq ft (68 sq m)
■ Date of deal: 04/07/2017
■ Rent: £12,630 pa, one-year lease
■ Lessor’s agent: Hutchings & Thomas
■ Lessee: Cornerstone Retail Services
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Unit 3 Hawthorn Park, Coal Road, Leeds LS14 1PQ
■ Size: 10,468 sq ft (973 sq m)
■ Date of deal: 01/07/2017
■ Price: £1.025m
■ Vendor: Hawthorn Park (Leeds)
■ Vendor’s agents: Knight Frank, WSB Property
■ Purchaser: Head Office 3
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Unit 7, Quy Court, Colliers Lane, Stow-Cum-Quy CB25 9AU
■ Size: 1,510 sq ft (140 sq m)
■ Date of deal: 07/07/2017
■ Rent: £25,000 pa, three-year lease
■ Lessor: Carter Jonas
■ Lessee: Babcock
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RETAIL
13 High Street, Fort William PH33 6DH
■ Size: 1,769 sq ft (164 sq m)
■ Date of deal: 10/07/2017
■ Rent: £19,000 pa, five-year lease
■ Lessor: Thistle Peat
■ Lessor’s agent: Eric Young & Co
■ Lessee: Rock Meadow
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137 Albertbridge Road, Belfast BT5 4PS
■ Size: 2,783 sq ft (259 sq m)
■ Date of deal: 01/08/2017
■ Rent: £9,000 pa, three-year lease, three months rent free
■ Lessor: Leap Property Investments
■ Lessor’s agent: RHM Commercial
■ Lessee: Coral Racing
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17-18 High Street, Kidderminster DY10 2DJ
■ Size: 5,042 sq ft (468 sq m)
■ Date of deal: 01/06/2017
■ Rent: £40,000 pa, 10-year lease, upward-only rent review at fourth year, tenant-only break at five years
■ Lessor: Zurich Assurance
■ Lessor’s agent: Lambert Smith Hampton
■ Lessee: St Richards Hospice Foundation
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19 Queen Street, Newton Abbot TQ12 2AQ
■ Size: 1,442 sq ft (134 sq m)
■ Date of deal: 11/07/2017
■ Rent: £24,000 pa, 15-year lease, rent review after year five and 10
■ Lessor’s agent: Stratton Creber Commercial
■ Lessee: Spar
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19-20 East Street, Chichester PO19 1HS
■ Size: 3,802 sq ft (353 sq m)
■ Date of deal: 19/07/2017
■ Rent: £190,000 pa, 10-year lease, six months rent-free, five-year upward-only rent review
■ Lessor’s agent: Smith Price
■ Lessee: Joules
■ Lessee’s agent: Robert Bebington & Co
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199-203 Whitham Road, Sheffield S10 2SP
■ Size: 1,302 sq ft (121 sq m)
■ Date of deal: 01/07/2017
■ Rent: £37,200 pa, 10-year lease, five-year break
■ Lessor: Pra 1
■ Lessor’s agent: Crosthwaite Commercial and Lambert Smith Hampton
■ Lessee: Butcher & Catch
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2-3 Bartholomew Street, Newbury RG14 5LL
■ Size: 1,160 sq ft (108 sq m)
■ Date of deal: 13/06/2017
■ Rent: £26,500 pa, 10-year lease, three months rent free, five-year upward-only rent review and tenant break
■ Lessor: Auto Facilities
■ Lessor’s agent: Hicks Baker
■ Lessee: Ugly Duckling Pottery Painting Café
35 Cornhill, Bury St Edmunds IP33 1DY
■ Size: 2,204 sq ft (188 sq m)
■ Date of deal: 17/07/2017
■ Rent: £80,000 pa, 10-year lease
■ Lessor: Legal & General
■ Lessor’s agent: Fawcett Mead and Smith Price
■ Lessee: Caffè Nero
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Unit 2 Manchester Road Retail Park, Hyde SK14 2BD
■ Size: 11,597 sq ft (1,077 sq m)
■ Date of deal: 23/06/2017
■ Rent: £145,000 pa, 10-year lease, five-year review
■ Lessor: Triple Jersey
■ Lessor’s agent: Burns Property Consultants
■ Lessee: The Food Warehouse
■ Lessee’s agent: Mason Owen
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Unit 28-29, St Martins Square Shopping Centre, Silver Walk, Leicester LE1 5EW
■ Size: 1,487 sq ft (138 sq m)
■ Date of deal: 15/06/2017
■ Rent: £20,000 pa, 10-year lease, five-year break and review, 4.5 months rent free
■ Lessor: Roebuck Asset Management
■ Lessor’s agent: SPACE Retail Property Consultants
■ Lessee: 45 West
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Unit 5 & 6 Bridgend Shopping Centre, Brackla Street, Bridgend CF31 1BZ
■ Size: 6,042 sq ft (561 sq m)
■ Date of deal: 15/07/2017
■ Rent: £25,000 pa, 10-year lease
■ Lessor: Hawkstone Properties (Bridgend)
■ Lessor’s agent: Fletcher Morgan Chartered Surveyors
■ Lessee: Kaspas Desserts
■ Lessee’s agent: EJ Hales
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SITE
Kings House, Grand Avenue, Hove BN3 2LS
■ Size: 68,246 sq ft (6,340 sq m)
■ Date of deal: 28/07/2017
■ Price: £26,125,000
■ Vendor: Brighton & Hove City Council
■ Vendor’s agent: Cushman & Wakefield
■ Purchasers: Pacific Investment and Rego Property
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Land off Anglers Lane, Spondon DE21 7NT
■ Size: 1.85 acres
■ Date of deal: 14/07/2017
■ Price: £185,000
■ Vendor: Blue Square Developments
■ Vendor’s agent: FHP Property Consultants
■ Purchaser: Leedale
EG’s Most Active Agent competition winners
Devon
1. Stratton Creber Commercial
2. Bettesworths Chartered Surveyors
3. Alder King Property Consultants
4. Vickery Holman
5. Savills
Dealmaker – Paul Bettesworth of Bettesworth Chartered Surveyors
“Supply shortage in certain sectors (particularly the investment and industrial sectors) coupled with increasingly strong demand from purchasers and occupiers, has the makings for price growth. These optimistic signs also appear to be stimulating some improved appetite for the slightly more speculative commercial construction projects.”
Cornwall
1. Miller Commercial
2. Redgrave Commercial
3. Vickery Holman
4. Stratton Creber Commercial
5. Alder King Property Consultants
Dealmaker – Rob Redgrave of Redgrave Commercial
“Locally we have experienced increased activity in the commercial investment market and have noticed the Industrial sector is particularly strong at the moment with demand out-weighing supply. Despite the general market undertones we are becoming busier month on month and are looking to recruit to maintain levels of service.”
To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals
