National deals round-up

EG’s Most Active Agent competition winner Cornwall 1 Miller Commercial 2 Redgrave Commercial 3 Vickery Holman 4 Stratton Creber Commercial 5 Alder King Dealmaker – Rob Redgrave (Redgrave Commercial) “I feel blessed to have been awarded Dealmaker for the fourth year in a row, and grateful to the loyal clients that made it possible. It goes without saying we are all living in challenging times and in order to function we need to adapt our approach. “Specifically in Cornwall where we are reliant on the tourism and leisure industries, there is a lot of uncertainty in the market which makes things particularly challenging. As always each sector reacts differently. Due to the general migration of population to the West, the housing market appears to be booming, so no doubt in the next few years the commercial market will strengthen as confidence restores. “We are experiencing a surprisingly strong industrial market, which is positive. The office sector appears stagnant as occupiers are waiting for the dust to settle, so it is intriguing how this will function as government support tapers off. High street retail was has been on the decline for a while, Covid-19 has accelerated this, although activity remains in service-led retail. “There are many positives as well as the obvious negatives. We have all had the time and space to reflect on how we live our lives, so I feel we are living in exciting times.” Devon 1 Stratton Creber Commercial 2 Bettesworths Chartered Surveyors 3 Noon Robert Property Consultants 4 JLL 5 Alder King Dealmaker – Paul Bettesworth (Bettesworths Chartered Surveyors) “I am proud to have received this award, particularly in a year such as this. It has been a challenging year for all businesses, but it can be shown that through expertise and strong relationships, good results can be achieved. We have seen many changes in the market and made every effort to stay informed to continue to offer our clients and customers relevant and accurate advice. I would attribute our success to diligence and the focus that the client always comes first. “Although the national market has slowed somewhat there is good demand for investment and commercial property. While uncertain times are ahead, we must remain optimistic and in a position to recognise emerging trends and opportunities.” OFFICE 199, Tyburn Road, Birmingham B24 8NB Size: 1,000 sq ft (92.9 sq m) Date of deal: 01/06/2020 Rent: £6,000 pa, three-year lease Lessor: J Pullan & Sons Lessor’s agent: Siddall Jones Lessee: Commercial Body Solutions 6 Devonshire Business Park, Chester Road, Borehamwood WD6 1NA Size: 4,025 sq ft ( 374 sq m) Date of deal: 01/06/2020 Rent: £55,000 pa, 10-year lease, five-year mutual break Lessor: Big Dude & Co Lessor’s agent: Aitchison Raffety Lessee: Gemec 9, The Park, Haydock WA12 0JQ Size: 4,566 sq ft (424 sq m) Date of deal: 18/06/2020 Price: £690,000 Vendor: Bilsdale Properties Vendor’s agent: BE Group & JLL Purchaser: : Seneca Partners RETAIL 360-364 Leatherhead Road, Chessington KT9 2NN Size: 2,665 sq ft (247 sqm m) Date of deal: 15/06/2020 Rent: £65,000 pa, 15-year lease, 10-year tenant break, six months rent free Lessor: Kalmax Properties Lessor’s agent: Cradick Retail Lessee: Pets Corner INDUSTRIAL 1 Brooklands Way, Boldon Colliery NE35 9LZ Size: 47,704 sq ft (4,432 sq m) Date of deal: 08/07/2020 Rent: £248,500 pa, three-year lease Lessor: Avon Capital Estates Lessor’s agent: Knight Frank Lessee: Hermes Parcelnet 1, Owen Sivell Close, Liskeard PL14 3US Size: 3,323 sq ft (309 sq m) Date of deal: 29/06/2020 Rent: £17,000 pa, 10-year lease Lessor’s agent: Miller Commercial Lessee: All Gas Southwest Unit 12 Finway Court, Whippendell Road, Watford WD18 7EN Size: 2,316 sq ft (215 sq m) Date of deal: 01/05/2020 Rent: £30,000 pa 10-year lease, five-year rent review Lessor: Gade Investments Lessor’s agent: Braiser Freeth Lessee: Denka Units D & E, 24 Longman Drive, Inverness IV1 1SU Size: 6,068 sq ft (564 sq m) Date of deal: 01/06/2020 Rent: £45,500 pa, 15-year lease Lessor: Henderson Group Lessor’s agent: Shepherd Commercial Lessee: Aggreko To submit your deals, please e-mail deals@egi.co.uk