National deals round-up

INDUSTRIAL Albion Trading Park, Holyhead Road, Birmingham B21 0AF ■ Size: 13,519 sq ft (1,256 sq m) ■ Date of deal: 22/01/2018 ■ Price: £1,660,000, NIY 5.37%, £94,700 pa income ■ Vendor’s agent: Savills ■ Vendor: Quidnet Capita ■ Purchaser’s agent: Knight Frank ■ Purchaser: Ribston UK Industrial Property Unit Trust . Unit 27, Norwich Aiport Industrial Estate NR6 6JB ■ Size: 8,149 sq ft (757 sq m) ■ Date of deal: 15/12/2017 ■ Rent: £41,000 pa, five-year lease, three-year break ■ Lessor: KLM Properties ■ Lessee: Catch 22 Charity Lessor’s agent: Roche Chartered Surveyors . Unit 1, Lotland Trade Park, Lotland Street, Inverness IV1 1ST ■ Size: 1,515 sq ft (141 sq m) ■ Date of deal: 22/12/2017 ■ Rent: £13,000 pa, 10-year lease, lease break and rent review after five years ■ Lessor: RDS Inverness ■ Lessor’s agent: Shepherd Commercial ■ Lessee: Medlock Electrical Distributors . Unit 10, Ketlan Court, River Lane, Saltney Ch4 8SB ■ Size: 2,250 sq ft (209 sq m) ■ Date of deal: 25/11/2017 ■ Rent: £12,500 pa, five-year lease ■ Lessor’s agent: Beresford Adams Commercial ■ Lessor: Trustess of 4th Duke of Westminster ■ Lessee: Signature Printing . Unit 11, Gatwick Metro Centre, Balcombe Road, Horley RH6 9GA ■ Size: 3,400 sq ft (316 sq m) ■ Date of deal: 22/12/2017 ■ Rent: £24,500 pa, 10-year lease, lease break and rent review after five years ■ Lessor: Investec ■ Lessor’s agent: Robinsons ■ Lessee: Renaissance Pharma . Unit 2, Chainbridge Industrial Estate, Tundry Way, Blaydon-On-Tyne NE21 5SJ ■ Size: 6,373 sq ft (592 sq m) ■ Date of deal: 08/12/2017 ■ Rent: £27,000 pa, three-year lease ■ Lessor: The Shlomo Memorial Fund ■ Lessor’s agent: Knight Frank ■ Lessee: Electron Services North East . Unit 7, Washington Centre, Halesowen Road, Dudley DY2 9RE ■ Size: 21,855 sq ft (2,033 sq m) ■ Date of deal: 18/01/2018 ■ Rent: £109,425 pa, 10-year lease, tenant only break at seven years, rent review at five years ■ Lessor’s agent: Fisher German ■ Lessor: Folkes Holdings Jersey ■ Lessee: Hiab . Units 5 & 6, Hall Road, Maylands Wood Industrial Estate, Hemel Hempstead HP2 7BH ■ Size: 4,430 sq ft (412 sq m) ■ Date of deal: 01/12/2017 ■ Rent: £50,000 pa, 10-year lease, five-year break ■ Lessor’s agent: Dohertybaines ■ Lessor: St James Place UK ■ Lessee: DA Engineering . LEISURE The Mallard, Burringham Road, Scunthorpe DN17 2AB ■ Size: 949 sq ft (88 sq m) ■ Date of deal: 20/12/2017 ■ Price: £1,000,000 ■ Vendor’s agent: James A Baker Property Consultants ■ Vendor: Enterprise Inns ■ Purchaser: Marsdens . OFFICE Buxton Court, 3 West Way, Oxford OX2 0JB ■ Size: 19,696 sq ft (1,830 sq m) ■ Date of deal: 09/01/2018 ■ Price: £6,625,000, 5.43% NIY ■ Vendor’s agent: Cushman & Wakefield ■ Vendor: Aviva Investors Global Services ■ Purchaser’s agent: ACRE Capital Real Estate ■ Purchaser: Martin’s Properties ■ Lessee: University of Oxford . Suite D, Hampshire House, 169-170 High Street, Southampton SO14 2BY ■ Size: 1,236 sq ft (115 sq m) ■ Date of deal: 02/01/2018 ■ Rent: £12,750 pa, 10-year lease, one month rent free, three-year break, five-year rent review ■ Lessor: Frontier Property Investments ■ Lessor’s agent: Osmond Brookes ■ Lessee: Edelweiss . Unit 10, Maritime Court, Bedwas, Caerphilly CF83 8DU ■ Size: 953 sq ft (89 sq m) ■ Date of deal: 15/12/2017 ■ Rent: £10,000 pa, one-year lease ■ Lessor’s agent: Brinsons ■ Lessee: Express South Wales . RETAIL 13 East Street, Okehampton EX20 1AS ■ Size: 672 sq ft (62 sq m) ■ Date of deal: 01/12/2017 ■ Rent: £6,000 pa, six-year lease, break and review after three years, one month rent free ■ Lessor’s agent: Drew Pearce ■ Lessee: Haines Watts Accountants . 28 Newmarket Street, Ayr KA7 1LP ■ Size: 847 sq ft (79 sq m) ■ Date of deal: 01/12/2017 ■ Rent: £11,000 pa, nine-year lease ■ Lessor: PM One ■ Lessor’s agent: Shepherd Commercial ■ Lessee: Goody 2 Shoes Ayr . Drive Thru Unit, Centurion Retail Park, Doncaster DN5 9TP ■ Size: 4,036 sq ft (375 sq m) ■ Date of deal: 06/12/2017 ■ Rent: £96,875 pa, 25-year lease, five-yearly rent reviews, nine months rent free ■ Lessor: Vabled ■ Lessor’s agent: Mason Owen ■ Lessee: McDonalds ■ Lessee’s agent: Longstaff Associates . Unit 9 Block Y, Great Homer Street District Centre, Liverpool L5 3LQ ■ Size: 1,273 sq ft (118 sq m) ■ Date of deal: 02/11/2017 ■ Rent: £28,000 pa, 15-year lease, five-yearly rent reviews ■ Lessor’s agent: Hitchcock Wright & Partners ■ Lessor’s agent: Colliers International ■ Lessor: St Modwen ■ Lessee’s Agent: Mason Owen ■ Lessee: Greggs To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals