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National deals round-up

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

INDUSTRIAL

Air Cargo Centre, Glasgow International Airport, Paisley PA3 2AY

  • Size: 150,000 sq ft (13,935 sq m)
  • Date of deal: 04/02/2019
  • Price: £11,100,000, 6.7% yield
  • Vendor: Airport Industrial Nominees
  • Vendor’s agents: JLL and Ryden
  • Purchaser: Warehouse REIT
  • Purchaser’s agent: Savills

Block B, Winston Business Park, Churchill Way, Sheffield S35 2PY

  • Size: 3,609 sq ft (335 sq m)
  • Date of deal: 01/02/2019
  • Rent: £24,000 pa, 10-year lease, break at year five, rent review after year five, three months rent free
  • Lessor: Grayson Investments
  • Lessor’s agent: Knight Frank
  • Lessee: Sushi Sushi

Kingston Mill, Manchester Road, Hyde SK14 2BZ

  • Size: 9,736 sq ft (904 sq m)
  • Date of deal: 01/12/2018
  • Rent: £40,000 pa, five-year lease, break after year two
  • Lessor’s agent: Roberts & Roberts
  • Lessee: Warm Front

Unit 1, Derwent Business Centre, Clarke Street, Derby DE1 2BU

  • Size: 1,009 sq ft (94 sq m)
  • Date of deal: 21/01/2019
  • Price: £125,000
  • Vendor’s agent: Innes England
  • Purchaser: Derbyshire Flooring

Unit 27a, Aber Park Industrial Estate, Aber Road, Flint CH6 5EX

  • Size: 22,110 sq ft (2,054 sq m)
  • Date of deal: 11/01/2019
  • Rent: £45,000 pa, 20-year lease, break at year 10, review after years five, 10 and 15
  • Lessor: Flintshire County Council
  • Lessor’s agent: Legat Owen
  • Lessee: Conrad Energy

Unit 4D, Forties Commercial Campus, Barham Road, Rosyth KY11 2XB

  • Size: 3,163 sq ft (294 sq m)
  • Date of deal: 08/02/2019
  • Rent: £22,141 pa, five-year lease
  • Lessor: M7 Real Estate
  • Lessor’s agent: Ryden and JLL
  • Lessee: Hard Rock Scaffolding

1st Floor, 80 Murray Place, Stirling FK8 2BX

  • Size: 1,268 sq ft (118 sq m)
  • Date of deal: 01/12/2018
  • Rent: £10,000 pa, five-year lease, three-year lease break, three months rent free
  • Lessor: SRA Ventures
  • Lessor’s agent: Graham + Sibbald
  • Lessee: Family Mediation Central Scotland

2nd Floor (part), Solent Business Park, 3600 Parkway, Fareham PO15 7AN

  • Size: 1,979 sq ft (184 sq m)
  • Date of deal: 01/01/2019
  • Rent: £25,727 pa, 10-year lease, nine months rent free, break and review at year five
  • Lessor’s agents: Hellier Langston and Vail Williams
  • Lessee: Direct Deal Financial Solutions

3rd Floor, 36 Park Row, Leeds LS1 5JL

  • Size: 1,949 sq ft (181 sq m)
  • Date of deal: 01/02/2019
  • Rent: £41,903 pa, 10-year lease
  • Lessor: Pace Trustees
  • Lessor’s asset manager: APAM
  • Lessor’s agents: Knight Frank and WSB Property Consultants
  • Lessee: Syndicate 2525

Suite 3, 125 High Street, Berkhamsted HP4 2DJ

  • Size: 416 sq ft (39 sq m)
  • Date of deal: 13/02/2019
  • Rent: £8,000 pa, two-and-a-half years lease
  • Lessor’s agent: Aitchison Raffety
  • Lessee: Soden Style

Unit 6, Cressex Business Park, Lancaster Court, Coronation Road, High Wycombe HP12 3TD

  • Size: 2,018 sq ft (187 sq m)
  • Date of deal: 14/12/2018
  • Rent: £30,000 pa, five-year lease
  • Lessor’s agent: Duncan Bailey Kennedy
  • Lessor: Country Estates
  • Lessee: Clarenco

Unit 6, Quay Point, Station Road, Woodbridge IP12 4AL

  • Size: 3,398 sq ft (316 sq m)
  • Date of deal: 02/11/2018
  • Rent: £55,000 pa, 15-year lease, breaks at years seven and 10, rent review after year five
  • Lessor’s agent: Penn Commercial
  • Lessee: Orwell Offshore

RETAIL

11 Fore Street, Topsham, Exeter EX3 0HF

  • Size: 804 sq ft (75 sq m)
  • Date of deal: 21/12/2018
  • Rent: £10,500 pa, five and a quarter years lease
  • Lessor’s agent: Stratton Creber
  • Lessee: Simply Roka

6-8 Temple Row, Great Western Arcade, Birmingham B2 5HU

  • Size: 470 sq ft (44 sq m)
  • Date of deal: 11/02/2019
  • Rent: £21,000 pa, 10-year lease
  • Lessor: Windl
  • Lessor’s agent: Rowley Hughes Thompson
  • Lessee: Steam House Bagels

Dorsey House, 8 Dorsey Street, Manchester M4 1LU

  • Size: 2,101 sq ft (195 sq m)
  • Date of deal: 01/02/2019
  • Rent: £37,000 pa, 10-year lease, break at year five, rent review at year five
  • Lessor’s agent: Daniel Harris & Co
  • Lessee: Rec Room Bars

Unit 2, Royal Star Arcade, High Street, Maidstone ME14 1JL

  • Size: 973 sq ft (90 sq m)
  • Date of deal: 21/01/2019
  • Rent: £22,000 pa, four-year lease
  • Lessor’s agent: Harrisons Chartered Surveyors
  • Lessor: Rapsole Lessee: Midshire Care

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

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