EG’s Most Active Agent competition winners
Dorset
1. Sibbett Gregory
2. Ellis & Partners
3. Goadsby
4. Nettleship Sawyer
5. Willis Commercial
Dealmaker: Thomas Simpkin, Ellis & Partners
“The demand for shops in the high street is coming less and less from your usual retail users, which is probably down to extremely quick free postage from online retail sites, and rather more likely from A3, A4, D2 users (uses you cannot do or buy on the internet) but due to current planning law there is a restriction which hinders natural growth and elevation of the high street. If non-retail users were able to enter our high streets more easily, demand for the high-street would increase.”
Wiltshire
1. Myddelton & Major
2. Whitmarsh Lockhart
=3. Alder King
=3. Kavanaghs
5. Carter Jonas
Dealmaker: Paul Whitmarsh, Whitmarsh Lockhart
“The logistics market in Swindon and north Wiltshire continues to thrive, with recent lettings to B&Q and Iceland, and continued demand has kept the market robust, despite the uncertainty in other parts of the economy. Supply of warehousing and industrial stock is at an all-time low and as a consequence this is now showing healthy improvements in both the rental and capital values, with speculative development returning to the marketplace.”
INDUSTRIAL
Pilot Trade Centre, London Road, Coventry CV3 4RP
- Size: 31,000 sq ft (2,880 sq m)
- Date of deal: 05/10/2018
- Price: £5.2m, 5.6% yield
- Vendor’s agent: Bromwich Hardy
- Purchaser: CIP Threadneedle UK Property Nominees
- Purchaser’s agent: Knight Frank
46 Edison Road, St Ives PE27 3LG
- Size: 27,339 sq ft (2,540 sq m)
- Date of deal: 01/09/2018
- Price: £1.35m
- Vendor: SWP Group
- Vendor’s agent: Barker Storey Matthews
- Purchaser: Linx Printing Technologies
Dunball Industrial Estate, Bristol Road, Dunball, Bridgwater TA6 4TP
- Size: 48,432 sq ft (4,499 sq m)
- Date of deal: 18/10/2018
- Price: £4.8m, 6.9% yield, rental income £245,000 pa
- Purchaser: Stenprop
- Purchaser’s agent: Hartnell Taylor Cook
Unit 12 Manor Park, Berkeley Court, Runcorn WA7 1TQ
- Size: 5,000 sq ft (465 sq m)
- Date of deal: 01/08/2018
- Rent: £27,500 pa, five-year lease
- Lessor’s agent: B8 Real Estate
- Lessor: Langtree
- Lessee: Play Nation
Unit C1-B Sydenham Business Park, Belfast BT3 9LF
- Size: 5,943 sq ft (552 sq m)
- Date of deal: 01/10/2018
- Rent: £10,000 pa, five-year lease, two-year lease break
- Lessor’s agent: Lambert Smith Hampton
- Lessee: Grid Beyond
LEISURE
62-64 George Street, Perth PH1 5JL
- Size: 1,300 sq ft (121 sq m)
- Date of deal: 15/08/2018
- Rent: £20,000 pa, 20-year lease
- Lessor: James Hay Pension Trustees
- Lessor’s agent: Shepherd Commercial
- Lessee: Brewdog
OFFICE
Suite 3, 4th Floor, Granite House, Stockwell Street, Glasgow G1 4RZ
- Size: 3,120 sq ft (290 sq m)
- Date of deal: 15/09/2018
- Rent: £51,480 pa, five-year lease
- Lessor: CF Granite
- Lessor’s agents: Lambert Smith Hampton and Savills
- Lessee: People Plus
Scorex House, 1 Bolton Road, Bradford BD1 4AS
- Size: 28,985 sq ft (2,689 sq m)
- Date of deal: 15/09/2018
- Rent: £231,560 pa, 10-year lease
- Lessor: Omaha Nominees
- Lessor’s agents: Knight Frank and Mark Brearley & Company
- Lessee: NHS Property Services
RETAIL
Goldstone House, Langston Road, Loughton IG10 3TQ
- Size: 27,000 sq ft (2,508 sq m)
- Date of deal: 30/10/2018
- Price: £6.35m, 4.95% yield
- Vendor: Travis Perkins
- Vendor’s agent: HSM
- Purchaser: LSH Investment Management
- Purchaser’s agent: Northgate Property
- Lessee: Wickes
17 Liverpool Road, Southport PR8 4AR
- Size: 1,645 sq ft (153 sq m)
- Date of deal: 01/09/2018
- Rent: £29,000 pa, 20-year lease
- Lessor’s agent: Hitchcock Wright & Partners
- Lessor: Mapeley Columbus II
- Lessee: Lytham Wine Company
5 Market Place, Louth LN11 9NR
- Size: 440 sq ft (41 sq m)
- Date of deal: 18/10/2018
- Rent: £19,500 pa, five-year lease
- Lessor: Sensepark Properties
- Lessor’s agent: Banks Long & Co
- Lessee: Fone Doctor
222a London Road, Waterlooville PO7 7AA
- Size: 2,858 sq ft (266 sq m)
- Date of deal: 30/10/2018
- Rent: £32,000 pa, 12-year lease, three months rent-free
- Lessor’s agent: Realest
- Lessor: ETEL
- Lessee: Enterprise Rent A Car
119a High Street, Sittingbourne ME10 4AQ
- Size: 2,232 sq ft (207 sq m)
- Date of deal: 24/10/2018
- Rent: £26,500 pax, 15-year lease, three months rent-free, tenant-only break at year 11, upward-only rent review at years five and 10
- Lessor’s agent: Cradick Retail
- Lessee’s agent: Westley & Hedge
- Lessee: Portman Healthcare
257-258 High Street, Sunderland SR1 3DH
- Size: 2,124 sq ft (197 sq m)
- Date of deal: 29/10/2018
- Rent: £10,000, five-year lease
- Lessor: Reisel Trust
- Lessor’s agent: Sanderson Weatherall
- Lessee: Express Phones
Unit 3, Central Square, BBC Cymru Wales Headquarters, Cardiff CF10 1EP
- Size: 1,470 sq ft (137 sq m)
- Date of deal: 24/09/2018
- Rent: £122,000 pa, 15-year lease, six months rent-free
- Lessor’s agent: Cooke & Arkwright
- Lessee: Greggs
Canberra House, 1a London Road, St Albans AL1 1LE
- Size: 847 sq ft (79 sq m)
- Date of deal: 25/10/2018
- Rent: £25,000 pa, 10-year lease
- Lessor’s agent: Brasier Freeth
- Lessee: Midshires Care
- Lessee’s agent: Bruton Knowles
To submit your deals, please e-mail deals@egi.co.uk
