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Regional deals – 4 March 2017

The transactions listed below are a selection of deals from throughout the UK recently added to EGi. EGi provides the market’s leading comparables database, fully researched and updated with more than 5,000 new results each month


Handshake-THUMB.jpegCompetition results – Surrey

Most active agent

  1. 1. Hurst Warne
  2. 2. Wadham & Isherwood
  3. 3. Owen Shipp
  4. 4. JLL
  5. 5. Kingstons

Dealmaker

George Musgrave, Owen Shipp

“We have seen strong occupier demand across all asset classes and a steady growth of office rents in Surrey throughout the year. Permitted development conversions have squeezed available stock levels and this trend looks set to continue with the introduction of light industrial to residential permitted development in October.”


Industrial

Unit 16, Beaumont Road Industrial Estates, Beaumont Road, BANBURY OX16 1RW

  • Size 760 sq ft (71 sq m)
  • Date of deal 15/12/2016
  • Rent £6,300 pa, 5-year lease, break and review at year 3
  • Lessor’s agent Brown & Co
  • Lessee Dragonfly Lighting

Unit H1, Ivanhoe Business Park, Tournament Way, ASHBY-DE-LA-ZOUCH LE65 2UU

  • Size 4,883 sq ft (454 sq m)
  • Date of deal 31/01/2017
  • Rent £28,077 pa, 10-year lease, break at year 5, 6 months rent free
  • Lessor CWC Group
  • Lessor’s agent FHP Property Consultants
  • Lessee Toolstation

Unit 6, Brookgate Trading Estate, Ashton Vale Road, BRISTOL BS3 2HW

  • Size 5,400 sq ft (502 sq m)
  • Date of deal 01/02/2017
  • Rent £37,530 psf, 10-year lease, break at year 5
  • Lessor’s agent Russell Property Consultants
  • Lessee Wilson Furnishers

Unit 11 Brough Park, Newcastle Upon Tyne NE6 2YF

  • Size 4,951 sq ft (460 sq m)
  • Date of deal 09/01/2017
  • Rent £21,000 pa, 5-year lease
  • Lessor BNPPSSTC
  • Lessor’s agents BNP Paribas Real Estate and HTA Real Estate
  • Lessee Masons Mortar

Unit 22a, Boston Industrial Estate, Power Station Road, RUGELEY WS15 2HS

  • Size 1,650 sq ft (153 sq m)
  • Date of deal 17/02/2017
  • Rent £7,425 pa
  • Lessor Surespark Energy
  • Lessor’s agent Millar Sandy
  • Lessee M D Roofing

Unit 20, Staffordshire Technology Park, Wolseley Court, STAFFORD ST18 0GA

  • Size 1,240 sq ft (115 sq m)
  • Date of deal 15/02/2017
  • Rent £6,300 pa
  • Lessor IRAF Spyder
  • Lessor’s agent Millar Sandy
  • Lessee Hydra Sports

OFFICES

Torque House, Beaumont Road, BANBURY OX16 1XJ

  • Size 6,469 sq ft (601 sq m)
  • Date of deal 15/12/2016
  • Rent £45,250 pa, 10-year lease
  • Lessor’s agent Brown & Co
  • Lessor FWP Matthews
  • Lessee Graph UK

6th floor, 177 Preston Road, BRIGHTON BN1 6AG

  • Size 1,859 sq ft (173 sq m)
  • Date of deal 15/01/2017
  • Rent £29,744 pa, 3-year lease
  • Lessor Matsim Properties
  • Lessor’s agent Flude Commercial
  • Lessee Cloud 9 Insight

37 Dock Street, DUNDEE DD1 3DR

  • Size 2,310 sq ft (215 sq m)
  • Date of deal 17/02/2017
  • Rent £12,000 pa, 5-year lease
  • Lessor Whiteburn Rookery Investments
  • Lessor’s agent Shepherd Commercial
  • Lessee Scottish Ministers

Suite 10, Breeden House, Edleston Road, CREWE CW2 7EA

  • Size 487 sq ft (45 sq m)
  • Date of deal 01/02/2017
  • Rent £4,000 pa, 3-year lease
  • Lessor Crewe Investments
  • Lessor’s agent Legat Owen
  • Lessee Emerging Futures

RETAIL

Unit 9b, Chichester Gate Leisure Park, Terminus Road, CHICHESTER PO19 8EL

  • Size 1,761 sq ft (164 sq m)
  • Date of deal 15/02/2017
  • Rent £45,000 pa, 20-year lease, 9 months’ rent free, 5-yearly reviews
  • Lessor’s agent Cushman & Wakefield
  • Lessee Taco Bell
  • Lessee’s agent David Menzies Associates

Unit 2, Pentre Felin Retail, Maesteg Road, Tondu, BRIDGEND CF32 9DP

  • Size 1,250 sq ft (116 sq m)
  • Date of deal 01/02/2017
  • Rent £18,800 pa, 20-year lease
  • Lessor’s agents Fletcher Morgan and Hough Gould
  • Lessor Tondu IV
  • Lessee Domino’s Pizza

Buttermarket Shopping Centre, St Stephens Lane, IPSWICH IP1 1DT

  • Size 235,000 sq ft (21,832 sq m)
  • Date of deal 20/02/2017
  • Price £54.7m, yield: 5.9%
  • Vendors Capital & Regional and Drum Property Group
  • Purchaser National Grid Pension Fund

126 Nicolson Street, EDINBURGH EH8 9EH

  •  Size 808 sq ft (75 sq m)
  • Date of deal 15/02/2017
  • Rent £25,000 pa, 10-year lease
  • Lessor Thistle Peat
  • Lessor’s agent Eric Young & Co
  • Lessee Soul Sushi

• To submit your deals, please e-mail deals@egi.co.uk or tweet @egideals

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