INDUSTRIAL
6a Hadfield Road, Cardiff CF11 8AQ
■ Size: 6,023 sq ft (560 sq m)
■ Date of deal: 16/11/2017
■ Rent: £50,000 pa, 10-year lease
■ Lessor’s agent: Fletcher Morgan
■ Lessee: CareCo UK
Hatchmoor Industrial Estate, A386, Hatherleigh, Okehampton EX20 3LP
■ Size: 3,700 sq ft (344 sq m)
■ Date of deal: 01/11/2017
■ Rent: £15,000 pa, three-year lease
■ Lessor’s agent: Simon Powell Commercial
■ Lessee: Griphero
The Old Chapel, Chaworth Road, Colwick NG4 2FZ
■ Size: 4,795 sq ft (445 sq m)
■ Date of deal: 16/11/2017
■ Price: £265,000
■ Vendor: MM Group Pension Scheme
■ Vendor’s agent: FHP Property Consultants
■ Purchaser: Power Tools Plus
Unit 5, Corngreaves Trading Estate, Charlton Drive, Cradley Heath B64 7BJ
■ Size: 5,312 sq ft (493 sq m)
■ Date of deal: 22/04/2017
■ Rent: £20,000 pa, five-year lease, three-year tenant break
■ Lessor’s agent: Fisher German
■ Lessor: Prudential Assurance Company
■ Lessee: Apex Conservatory Roofing Company
Unit B1, Zenith Industrial Estate, Paycocke Road, Basildon SS14 3RS
■ Size: 10,146 sq ft (943 sq m)
■ Date of deal: 01/11/2017
■ Rent: £91,314 pa, 10-year lease, five-year break and review
■ Lessor’s agent: Glenny
■ Lessor: Legal & General
■ Lessee: Lyreco UK
LEISURE
48 Crabtree Lane, Ormskirk L40 0RN
■ Size: 2,050 sq ft (190 sq m)
■ Date of deal: 09/11/2017
■ Price: £285,000
■ Vendor’s agent: James A Baker
■ Vendor: Daniel Thwaites
■ Purchaser: Upward
OFFICE
Discovery House, Vision Park, Histon, Cambridge CB24 9QJ
■ Size: 9,034 sq ft (839 sq m)
■ Date of deal: 01/11/2017
■ Price: £3,800,000, 5.08% yield
■ Vendor: RO Real Estate
■ Purchaser: The Royal London Mutual Insurance Society
■ Purchaser’s agent: XLB Property
Ground Floor, Oak House, Shackleford Road, Godalming GU8 6LB
■ Size: 2,405 sq ft (223 sq m)
■ Date of deal: 24/11/2017
■ Rent: £56,000 pa, 10-year lease, tenant break at year seven, upward only rent review at year five, eight months rent free
■ Lessor’s agent: Kingstons
■ Lessor: Tanshire Management
■ Lessee: Health & Aesthetics
Suite 12, Muirfield Centre, Brown Road, Cumbernauld G67 1AA
■ Size: 237 sq ft (22 sq m)
■ Date of deal: 30/10/2017
■ Rent: £2,844 pa, one-year lease, three months rent free
■ Lessor: Culture NL
■ Lessor’s agent: Shepherd Commercial
■ Lessee: Scotia Healthcare Solutions
Suite C, Kings Court, Railway Street, Altrincham WA14 2RD
■ Size: 1,000 sq ft (93 sq m)
■ Date of deal: 24/11/2017
■ Rent: £9,000 pa, three-year lease
■ Lessor’s agent: Regional Property Solutions
■ Lessor: Wizard Trading (Europe)
■ Lessee: Nik and Carole
RETAIL
15-17 Oldgate, Morpeth NE61 1QF
■ Size: 5,934 sq ft (551 sq m)
■ Date of deal: 01/11/2017
■ Rent: £30,000 pa, 8.5-year lease, 3.5-year break
■ Assignor: Jewson
■ Assignor’s agent: Naylors Chartered Surveyors
■ Assignee: My Pet HQ
267 High Road, Loughton IG10 1AH
■ Size: 989 sq ft (92 sq m)
■ Date of deal: 01/11/2017
■ Rent: £32,230 pa, 10-year lease, three months rent free
■ Lessor’s agent: Cradick Retail
■ Lessor: Zurich Assurance
■ Lessee: COOK
28-32 Middle Street, Consett DH8 5QP
■ Size: 2,620 sq ft (243 sq m)
■ Date of deal: 28/11/2017
■ Rent: £10,000 pa, 10-year lease
■ Lessor: Gold Sheen Property Investments
■ Lessor’s agent: Sanderson Weatherall
■ Lessee: Go As You Please Funerals 2009
5 High Street, Woking GU21 2PG
■ Size: 953 sq ft (89 sq m)
■ Date of deal: 16/11/2017
■ Rent: £20,000 pa, 10-year lease, tenant break at year five, six months rent free
■ Lessee’s agent: David Menzies Associates
■ Lessee: Co-op Funeral Care
98 Corporation Street, Birmingham B4 6SX
■ Size: 10,040 sq ft (933 sq m)
■ Date of deal: 17/11/2017
■ Rent: £110,000 pax, five-year lease
■ Lessor’s agent: Rowley Hughes Thompson
■ Lessor: Hammerson
■ Lessee: British Heart Foundation
Capital House, 3 Upper Queen Street Belfast BT1 6FB
■ Size: 1,650 sq ft (153 sq m)
■ Date of deal: 01/10/2017
■ Rent: £27,000 pa, 10-year lease
■ Lessor’s agent: TDK Commercial Property Consultants
■ Lessee: Pageant
EG’s Most Active Agent competition winners
GLASGOW
1. Ryden
2. JLL
3. Graham & Sibbald
4. Cushman & Wakefield
5. Savills
DEALMAKER – GREGOR HARVIE (RYDON)
“The Glasgow Industrial market has performed well in 2017. It has enjoyed strong rental growth with occupier demand set to increase further in 2018.This may be seen as negative from a tenant’s perspective, however higher rents are needed to encourage the development market to build new space.”
To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals
