Back
News

National deals round-up

The pick of the deals from around the country this week.

EG’s Most Active Agent competition winners

Glasgow

  1. Ryden
  2. JLL
  3. Colliers International
  4. Cushman & Wakefield
  5. Knight Frank

Dealmaker – Gregor Harvie (Ryden)

Quote: “The Glasgow industrial market has continued to perform well in 2018. There has been a continued reduction in available space, with many estates now fully occupied. Rental levels have carried on rising, with incentives reducing.”

 

INDUSTRIAL

Unit 3, The Timber Yard, Grange Road, Farnham GU10 2DQ

  • Size: 4,788 sq ft (445 sq m)
  • Date of deal: 02/11/2018
  • Rent: £42,500 pa, three-year lease
  • Lessor’s agent: Curchod & Co
  • Lessor: Spincrest
  • Lessee: Detail Ltd

Unit 7, Alma Road Industrial Estate, Alma Road, Chesham HP5 3HB

  • Size: 1,565 sq ft (145 sq m)
  • Date of deal: 01/10/2018
  • Rent: £12,000 pa, five-year lease, break at year two
  • Lessor’s agent: Potter & Ford
  • Lessee: Colouricious

LEISURE

King William IV, 1 High Street, Fenstanton PE28 9JF

  • Size: 2,465 sq ft (229 sq m)
  • Date of deal: 15/10/2018
  • Price: £312,000
  • Vendor: Greene King
  • Vendor’s agent: Everard Cole
  • Purchaser: Tristar Communications

Unit 15, Kineton Road Industrial Estate, Southfield Road, Southam CV47 0FB

  • Size: 3,350 sq ft (328 sq m)
  • Date of deal: 02/11/2018
  • Rent: £23,000 pa 10-year lease, break and review at year five, four months rent free
  • Lessor’s agent: ehB Reeves
  • Lessee: Fitness Worx

OFFICE

1st Floor, Merchant Gate, 2 Burgage Square, Wakefield WF1 2DD

  • Size: 5,657 sq ft (526 sq m)
  • Date of deal: 01/11/2018
  • Rent: £76,370 pa, 10-year lease, break and review at year five
  • Lessor: English Cities Fund
  • Lessor’s agents: JLL and Knight Frank
  • Lessee: SSG Insight

3 Newtech Square, Deeside Industrial Park, Deeside CH5  2NT

  • Size: 22,372 sq ft (2,078 sq m)
  • Date of deal: 05/11/2018
  • Price: £400,000
  • Vendor: Columbia Threadneedle
  • Vendor: Legat Owen
  • Purchaser: Grote International

Ashleigh House, Shawfarm Industrial Estate, 2 Sky Road, Prestwick KA9 2TA

  • Size: 1,893 sq ft (176 sq m)
  • Date of deal: 02/11/2018
  • Rent: £22,000 pa stepped rental, 10-year lease, three months rent free, five-year lease break, five-year rent review
  • Lessor: Ladykirk Properties
  • Lessor’s agent: Shepherd Commercial
  • Lessee: The British Red Cross

Unit 3, Parkway Court Office Campus, Ensign House, Longbridge Road, Marsh Mills, Plymouth PL6 8LR

  • Size: 3,314 sq ft (308 sq m)
  • Date of deal: 28/10/2018
  • Rent: £32,250 pa, six-year lease, break and review at year three, three months rent free
  • Lessor’s agent: Listers Property Consultants
  • Lessee: Ace Schools Multi Academy Trust

Unit 4, Wynyard Business Village, Billingham TS22 5TB

  • Size: 1,650 sq ft (153 sq m)
  • Date of deal: 15/11/2018
  • Rent: £22,275 pa, five-year lease
  • Lessor: Northumberland Estates
  • Lessor’s agents: Dodds Brown and Knight Frank
  • Lessee: Everflow

10 Kensington Church Street, London W8 4EP

  • Size: 1,863 sq ft (173 sq m)
  • Date of deal: 22/11/2018
  • Rent: £92,219 pa, four-year lease, break at year two
  • Lessor’s agent: Frost Meadowcroft
  • Lessee: Mace Group

RETAIL

110a High Street, Cranleigh GU6 8AJ

  • Size: 768 sq ft (71 sq m)
  • Date of deal: 21/11/2018
  • Rent: £26,000 pa, 10 year lease, tenant break at year five
  • Lessor’s agent: Wadham & Isherwood
  • Lessee’s agent: Ashwell Rogers
  • Lessee: Cats Protection

13 Gateford Road, Worksop S80 1DY

  • Size: 495 sq ft (46 sq m)
  • Date of deal: 15/10/2018
  • Price: £120,000, 10.25% yield
  • Vendor’s agent: Fisher German
  • Purchaser: Russ Cowe

64 Waterside Street, Strathaven ML10 6AW

  • Size: 2,589 sq ft (241 sq m)
  • Date of deal: 01/11/2018
  • Rent: £15,000 pa, 10-year lease, one year rent free, five-year lease break, five-year rent review
  • Lessor’s agent: Shepherd Commercial
  • Lessor: Scotmid Co-op
  • Lessee: Chest Heart & Stroke Scotland

84-86 Stamford New Road, Altrincham WA14 1BS

  • Size: 1,761 sq ft (164 sq m)
  • Date of deal: 13/11/2018
  • Rent: £30,000 pa, 15-year lease
  • Lessor’s agent: Regional Property Solutions
  • Lessor: Lorcom Properties
  • Lessee: Evuna

92-94 Market Street, St Andrews KY16 9PA

  • Size: 3,000 sq ft (279 sq m)
  • Date of deal: 14/11/2018
  • Rent: £130,000 pa, 10-year lease
  • Lessor: CBRE Global Investors
  • Lessor’s agent: CBRE
  • Lessee: Mountain Warehouse

Ground Floor, 36-40 Edge Street, Manchester M4 1HN

  • Size: 694 sq ft (64 sq m)
  • Date of deal: 10/10/2018
  • Rent: £16,250 pa, 10-year lease, break and review at year five, six months rent free
  • Lessor’s agent: Daniel Harris & Co
  • Lessor: Agecroft Investments
  • Lessee: Kersh Kicks

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

Up next…