National deals round-up

EG’s Most Active Agent competition winners Devon Stratton Creber Commercial Bettesworths Chartered Surveyors Noon Roberts Property Consultants Alder King Property Consultants Vickery Holman Dealmaker: Paul Bettesworth, Bettesworths Chartered Surveyors “Despite a lingering uncertainty in the wider economic and political landscapes, this has been another year of growth and activity across many of the commercial sectors.  “Demand for investment property is particularly high but supply is often limited. Other markets, such as the leisure and development sectors, are also continuously improving. “In our 75th anniversary year, Bettesworths are delighted to celebrate further success and recognition in these results and likewise in the results we achieve for our clients.” Cornwall Miller Commercial Redgrave Commercial Vickery Holman Stratton Creber Commercial CBRE Dealmaker: Rob Redgrave, Redgrave Commercial “We experienced a strong market at the end of 2017 but a slow start to 2018. Activity increased towards the summer although there were intermittent disruptions due to extreme weather conditions, including snow in March and a sunny Cornish summer. “The industrial market for smaller units remains steady. However, demand for larger units is less predictable; there is a good market for freehold stock. “Similarly, in the office sector the uptake on smaller suites is greater than on larger suites and this area of the market has been relatively lethargic. “Confidence in the retail sector appears to have diminished and although not unorthodox levels of vacancies, there are fewer transactions to report of late. “There seems to be a slight undertone of reservedness and uncertainty due to the prolonged Brexit conclusion and other economic factors, however, the atmosphere is improving.” HEALTHCARE Waterfront Business Park, Nursery Premises, Level Street, Brierley Hill DY5 1UA Size: 3,331 sq ft (309 sq m) Date of deal: 27/07/2018 Rent: £30,000 pa, 20-year lease Lessor’s agent: Fisher German Lessor: Intu Properties Lessee: Learning Journey Day Nursery Waterfront INDUSTRIAL Unit 17, Shakespear Business Centre, Hathway Close, Eastleigh SO50 4SR Size: 3,460 sq ft (321 sq m) Date of deal: 01/08/2018 Rent: £29,000 pa, 20-year lease, break at year 10, rent review at year five Lessor’s agent: Goadsby Lessor: Eastleigh Borough Council Lessee: Hampshire Constabulary Block 2, Units 1 & 2, Lochshore East Industrial Estate, Glengarnock KA14 3DB Size: 20,392 sq ft (1,894 sq m) Date of deal: 30/07/2018 Price: £165,000 Vendor: Marble Acquisitions Vendor’s agent: Graham & Sibbald Purchaser: Jetcut Unit 1 Sudellside Mill, Sudellside Street, Darwen BB3 3JD Size: 1,038 sq ft (96 sq m) Date of deal: 15/07/2018 Rent: £6,000 pa, three-year lease Lessor’s agent: Bridge & Co Lessor: Walsh Developments Lessee: Jem Logistics Unit 25 Hainge Road, Oldbury, Tividale B69 2NY Size: 5,207 sq ft (484 sq m) Date of deal: 05/05/2018 Price: £280,000 Vendor’s agent: Bulleys Chartered Surveyors Purchaser: ECS Unit 3 Prime Park, Shaftesbury Street, Derby DE23 8YB Size: 6,169 sq ft (573 q m) Date of deal: 31/07/2018 Rent: £29,500 pa, nine-year lease, three months rent-free Lessor’s agent: FHP Property Consultants Lessor: M7 Real Estate Lessee: Impact Carbides Unit 5 Bamber Complex, Victoria Roche, St Austell PL26 8JX Size: 1,060 sq ft (98 sq m) Date of deal: 26/06/2018 Rent: £4,250 pa, 3.5-year lease Lessor’s agent: Miller Commercial Lessee: Penrose Camping & Leisure Unit 8, Acorn Business Centre, Oaks Drive, Newmarket CB8 7SX Size: 1,483 sq ft (138 sq m) Date of deal: 13/06/2018 Rent: £10,750 pa, five-year lease, break at year three Lessor’s agent: Hazells Chartered Surveyors Lessee: Whyt Tile Co Unit 41, Heathfield Industrial Estate, Boundary Road, Ayr KA8 9DJ Size: 2,387 sq ft (222 sq m) Date of deal: 01/06/2018 Rent: £14,300 pa, 10-year lease, one month rent-free Lessor: Barochan Heathfield Lessor’s agent: Shepherd Commercial Lessee: Pollok Williamson Butchers Unit A10/11 Ashmount Enterprise Park, Aber Road, Flint CH6 5YL Size: 970 sq ft (90 sq m) Date of deal: 06/07/2018 Rent: £4,850 pa, three-year lease, break after 20 months Lessor: Dean Property Group Lessor’s agents: Legat Owen and Mason & Partners Lessee: Future Building Plastic Unit C2, Brookfield Business Centre, Twentypence Road, Cambridge CB24 8PS Size: 1,160 sq ft (108 sq m) Date of deal: 29/06/2018 Rent: £11,000 pa, six-year lease, three-year tenant only break and review Lessor’s agent: Robinson Layer Lessee: Foster Property Maintenance Unit T2 Trafford Point, Twining Road, Manchester M17 1SH Size: 98,000 sq ft (9,104 sq m) Date of deal: 06/08/2018 Rent: £637,000 pa, 10-year lease Lessor’s agents: B8 Real Estate & DTRE Lessor: Harbert European Real Estate Fund Lessee’s agent: RGD Consulting Lessee: Globus LEISURE The Railway, Railway Street, Newton-Le-Willows WA12 9QY Size: 3,250 sq ft (302 sq m) Date of deal: 29/05/2018 Price: £130,000 Vendor’s agent: Jeremy Rubin & Co Vendor: Punch Partnership OFFICES 13 Crow Hall Road, Nelson Park, Cramlington NE23 1WH Size: 14,421 sq ft (1,340 sq m) Date of deal: 27/07/2018 Price: £525,000 Vendor: Corona Properties Vendor’s agent: BNP Paribas Real Estate Purchaser: JL Atherton 2 Newtech Square, Deeside Industrial Park, Deeside CH5 2NT Size: 23,713 sq ft (2,203 sq m) Date of deal: 15/06/2018 Rent: £110,000 pa, 10-year lease, break at year three and review at year five Lessor: Columbia Threadneedle Lessor’s agent: Legat Owen Lessee: Reacta Biotech 2nd Floor Front Office, 22 Lemon Street, Truro TR1 2LS Size: 541 sq ft (50 sq m) Date of deal: 30/06/2018 Rent: £5,800 pa, five-year lease Lessor’s agent: Miller Commercial Lessee: Alder King Property Consultants Ground Floor, Quayside House, 110 Quayside, Newcastle Upon Tyne NE1 3DX Size: 5,100 sq ft (474 sq m) Date of deal: 01/07/2018 Rent: £116,875 pa, 10-year lease Lessor: Northumberland Estates Lessor’s agents: Cushman & Wakefield and Gavin Black & Partners Lessee: Norton Rose Fulbright Suites 1-4, Sandown Road Industrial Estate, Watford WD24 7UB Size: 638 sq ft (59 sq m) Date of deal: 31/07/2018 Rent: £13,500 pa, one-year lease Lessor: Firststart Lessor’s agent: Smiddy & Co Lessee: Inwit 2nd Floor, 1912 Mill, Sunny Bank Mills, Town Street, Pudsey LS28 5UJ Size: 977 sq ft (91 sq m) Date of deal: 15/06/2018 Rent: £13,500 pa, five-year lease, break and review at year three Lessor: Edwin Woodhouse & Company Lessor’s agents: Dove Haigh Phillips & JLL Lessee: Chilworth Technology Lessee’s agent: Innova Property Consultants 6th Floor, Silver Fin Building, Union Street, Aberdeen AB11 6EP Size: 3,161 sq ft (294 sq m) Date of deal: 01/06/2018 Rent: £102,732 pa, 15-year lease, five-yearly rent reviews, 10-year lease break, 2.5 years rent-free Lessor: BA Pensions Lessor’s agent: FG Burnett & CBRE Lessee: Barclays Services The Bath House, Le Cateau Road, Colchester CO2 7NA Size: 3,888 sq ft (361 sq m) Date of deal: 02/08/2018 Rent: £78,000 pa, 15-year lease, five-yearly breaks and reviews Lessor: Lexden Restorations Lessor’s agent: Morley Riches & Abelwhite Lessee: Ellisons Solicitors Lessee’s agent: Fenn Wright Unit 15, Prospect 111, Dundee Technology Park, Gemini Crescent, Dundee DD2 1SW Size: 313 sq ft (29 sq m) Date of deal: 23/07/2018 Rent: £2,400 pa, three-year lease Lessor: JD Management Lessor’s agent: Shepherd Commercial Lessee: Tayfusion Unit 2 Callflex Business Park, Doncaster Road, Rotherham S63 7ER Size: 17,388 sq ft (1,615 sq m) Date of deal: 15/06/2018 Rent: £147,798 pa, five-year lease Lessor: Homes And Communities Agency Lessor’s agent: Sanderson Weatherall Lessee: G4S Lessee’s agent: Cushman & Wakefield Unit 905, Anchorage House, 45-47 High Street, Chatham ME4 4LE Size: 794 sq ft (74 sq m) Date of deal: 28/06/2018 Rent: £7,950 pax, three-year lease, tenant-only break at years one and two Lessor’s agent: Watson Day Chartered Surveyors Lessor: Mapeley Steps Lessee: Cyber Engineers RETAIL 12 Bradshawgate, Leigh WN7 4LX Size: 832 sq ft (77 sq m) Date of deal: 18/05/2018 Rent: £7,000 pa, 10-year lease, review after year five, four months rent-free Lessor’s agent: Mason Owen Lessee: Rogues & Rascals 115 High Street, Guildford GU1 3DP Size: 1,858 sq ft (173 sq m) Date of deal: 02/08/2018 Price: £6,000,000, 4.45% yield Vendor’s agent: KLM Retail Vendor: Lothbury Property Trust Company Purchaser’s agent: Fawcett Mead Purchaser: Threadneedle Property Investments Lessee: LK Bennett 197 St Albans Road, Watford WD24 5BH Size: 1,303 sq ft (121 sq m) Date of deal: 07/08/2018 Rent: £16,500 pa, five-year lease Lessor: Grandpark Properties Lessor’s agent: Smiddy & Co Lessee: Earth Spirit 21 Academy Street, Inverness IV1 1JN Size: 779 sq ft (72 sq m) Date of deal: 28/06/2018 Rent: £20,000 pa, 10-year lease, five-yearly rent reviews Lessor: MacGregor Properties  Lessor’s agent: Shepherd Commercial Lessee: Coyote Coffee 354 Cricklewood Lane, London NW2 2QH Size: 775 sq ft (72 sq m) Date of deal: 11/07/2018 Rent: £13,500 pa, 10-year lease, six months rent-free, five-year break and review Lessor’s agent: 3H Property Consultants Lessee: Golden Keys Properties 90 Westgate, Grantham NG31 6LE Size: 4,220 sq ft (392 sq m) Date of deal: 15/06/2018 Rent: £30,000 pa, 10-year lease Lessor’s agent: Brown & Co Lessor: Lindpet Investments Lessee: Oblio’s Deli & Bistro Ground Floor, 84 Above Bar Street, Southampton SO14 7DT Size: 1,600 sq ft (149 sq m) Date of deal: 23/07/2018 Price: £795,000, 5.96% yield Vendor’s agent: Osmond Brookes Vendor: Lyttelton Properties Purchaser’s agent: Cradick Retail Purchaser: Lyndendown Lessee: Caffe Nero Ground Floor, The Soloist, Lanyon Place, Belfast BT1 3WH Size: 4,286 sq ft (398 sq m) Date of deal: 01/08/2018 Rent: £150,000 pa, 10-year lease Lessor: CL 10 Lessor’s agent: Colliers International Lessee: Gustoe Restaurant To submit your deals, please e-mail deals@egi.co.uk