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National deals round-up

Top contributors in the Birmingham market (lettings & occupational sales) 01/01/23 to 07/07/23

Contributor

Space transacted (sq ft)

Avison Young

455,909

CBRE 

179,937

JLL

57,604

Savills 

54,184

Knight Frank 

49,906

Cushman & Wakefield

27,918

Colliers

3,236

Shepherd Commercial

2,720

Bromwich Hardy

1,765

John Truslove

1,613

This table is based on deals contributed to EG Radius as of 7 July 2023. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings.


RETAIL

Crown Corner, High Street, Crowthorne RG45 7AD

  • Size: 714 sq ft (66 sq m)
  • Date of deal: 24/04/2023
  • Price: £250,000
  • Vendor: Apricot Properties
  • Vendor’s agent: Page Hardy Harris
  • Purchaser: The Premier Trust

OFFICE

Ground Floor Suite 1, Stag House, Old London Road, Hertford SG13 7LA (pictured)

  • Size: 355 sq ft (33 sq m)
  • Date of deal: 05/07/2023
  • Rent: £12,000 pa, lease for two years and six months
  • Lessor: Federated Hermes
  • Lessor’s agent: Brasier Freeth
  • Lessee: FXM Financial Technology

11/17 Bank Plain, Norwich NR2 4SF

  • Size: 923 sq ft (86 sq m)
  • Date of deal: 01/07/2023
  • Rent: £14,500 pa, six-year lease
  • Lessor: Dacre Property Holdings
  • Lessor’s agent: Bidwells
  • Lessee: Perun Strength

6th floor, The White Chapel Building, 10 Whitechapel High Street, London E1 8QS

  • Size: 5,000 sq ft (465 sq m)
  • Date of deal: 03/07/2023
  • Rent: £292,500 pa, five-year lease
  • Lessor: Derwent London
  • Lessor’s agent: Compton
  • Lessee: Comic Relief

St Johns Hall, 374 North End Road, London SW6 1LY

  • Size: 4,895 sq ft (455 sq m)
  • Date of deal: 04/07/2023
  • Price: £2,400,000, 2.74% net initial yield
  • Vendor’s agent: Frost Meadowcroft
  • Purchaser: Wallop Estates

Sutherland House, 149 St Vincent Street, Glasgow G2 5NW

  • Size: 39,378 sq ft (3,658 sq m)
  • Date of deal: 05/06/2023
  • Price: £9,050,000, 8.99 % net initial yield
  • Vendor: Royal & Sun Alliance Insurance
  • Vendor’s agent: Knight Frank
  • Purchaser: Priory RE

The Vic, The Quays, Salford M50 3SP

  • Size: 22,750 sq ft (2,113 sq m)
  • Date of deal: 01/06/2023
  • Rent: £455,000 pa, 10-year lease
  • Lessor: Peel
  • Lessor’s agents: Avison Young and Cushman & Wakefield
  • Lessee: RAC
  • Lessee’s agent: CBRE

INDUSTRIAL

G4 1/2 Treforest Industrial Estate, Pontypridd CF37 5BF

  • Size: 20,760 sq ft (1,929 sq m)
  • Date of deal: 29/06/2023
  • Rent: £77,500 pa, two-year lease
  • Lessor’s agent: Jenkins Best
  • Lessee: Oprema

Hellaby 90, Rother Way, Hellaby, Rotherham S66 8QN

  • Size: 89,648 sq ft (8,329 sq m)
  • Date of deal: 20/06/2023
  • Price: £4,850,000
  • Vendor: UK Active Value Nominee 2
  • Vendor’s agent: Knight Frank
  • Purchaser: Churchill Park

Unit 11, H&J Centurion Park, Kendal Road, Shrewsbury SY1 4EH

  • Size: 2,909 sq ft (270 sqm)
  • Date of deal: 08/06/2023
  • Rent: £15,000 pa, two-year lease
  • Lessor: Morris & Company
  • Lessor’s agent: Towler Shaw Roberts
  • Lessee: Salop Design & Engineering

Unit B1, 22 Townhead Avenue, Eurocentral, Motherwell ML1 4ZA

  • Size: 17,112 sq ft (1,590 sq m)
  • Date of deal: 28/06/2023
  • Rent: £145,452 pa, 10-year lease
  • Lessor’s agent: Savills
  • Lessee: Gemini Accident Repair Centres

To feature in the EG Radius On-Demand Rankings, please call 0845 308 8811

Image © Brasier Freeth

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