The pick of the deals from around the country this week.
OFFICE
1 City Square, Leeds LS1 2EH
- Size: 107,934 sq ft (10,027 sq m)
- Date of deal: 01/01/2019
- Price: £32m
- Vendor: Aviva Life & Pensions
- Vendor’s agent: Knight Frank
- Purchaser: Britannia Invest A/S
- Purchaser’s asset manager: APAM
- Purchaser’s agent: JLL
1st and 2nd Floor, 3a Cecil Road, Hale WA15 9NY
The pick of the deals from around the country this week.
OFFICE
1 City Square, Leeds LS1 2EH
Size: 107,934 sq ft (10,027 sq m)
Date of deal: 01/01/2019
Price: £32m
Vendor: Aviva Life & Pensions
Vendor’s agent: Knight Frank
Purchaser: Britannia Invest A/S
Purchaser’s asset manager: APAM
Purchaser’s agent: JLL
1st and 2nd Floor, 3a Cecil Road, Hale WA15 9NY
Size: 562 sq ft (52 sq m)
Date of deal: 08/01/2019
Rent: £13,000 pa, 10-year lease
Lessor’s agent: Regional Property Solutions
Lessee: Now Financial Planning
1st Floor, 80-82 Murray Place, Stirling FK8 2BX
Size: 1,268 sq ft (118 sq m)
Date of deal: 01/12/2018
Rent: £10,000 pa, five-year lease, three months rent free, tenant break at year three
Lessor: SRA Ventures
Lessor’s agent: Graham & Sibbald
Lessee: Family Medication Central Scotland
4th Floor, 1 Carmichael Place, Edinburgh EH6 5PH
Size: 1,120 sq ft (104 sq m)
Date of deal: 15/12/2018
Rent: £14,400 pa, 10-year lease
Lessor: Newland Asset Management
Lessor’s agent: Cuthbert White
Lessee: Scottish Autism
Fifth Avenue Plaza, Team Valley Trading Estate, Gateshead NE11 0BL
Size: 15,000 sq ft (1,394 sq m)
Date of deal: 15/12/2018
Rent: £165,000 pa, 15-year lease
Lessor: North East Property Partnership
Lessor’s agent: Knight Frank
Lessee: Luxury Leisure Talarius
Lessee’s agent: Naylors Chartered Surveyors
Unit 13/14 Treforest Industrial Estate, Centre Court, St Davids Close, Main Avenue, Pontpridd CF37 5YR
Size: 5,015 sq ft (466 sq m)
Date of deal: 12/12/2018
Rent: £40,120 pa, five-year lease
Lessor’s agent: Jenkins Best Commercial Property Consultants
Lessee: Connective Care Education
RETAIL
8 Newland Street, Kettering NN16 8JU
Size: 737 sq ft (68 sq m)
Date of deal: 14/11/2018
Rent: £10,000 pa, 10-year lease
Lessor’s agent: Berrys
Lessee: Vape Junkies
16 London Road, Forest Hill SE23 3JA
Size: 2,779 sq ft (258 sq m)
Date of deal: 20/12/2018
Price: £752,500
Vendor’s agent: GL Hearn
Vendor: Santander
Purchaser’s agent: DMA
424 Ashley Road, Parkstone, Poole BH14 0AA
Size: 237 sq ft (22 sq m)
Date of deal: 10/12/2018
Rent: £6,000 pa, three-year lease, two months rent free
Lessor’s agent: Ellis & Partners
Lessee: New York Deli
123 Dyke Road, Hove BN3 1TJ
Size: 1,503 sq ft (140 sq m)
Date of deal: 15/09/2018
Rent: £40,000 pa, 15-year lease, upward only rent review at years five and 10
Lessor’s agent: Carr & Priddle
Lessee: Hellenic Bakery Brighton
11 Bridge Street, Darwen BB3 2AA
Size: 971 sq ft (90 sq m)
Date of deal: 15/12/2018
Rent: £9,000 pa, three-year lease
Lessor’s agent: Bridge & Co
Lessor: Melbro Properties
Lessee: KP Funeral Directors
72 Thoroughfare, Woodbridge IP12 1AL
Size: 781 sq ft (73 sq m)
Date of deal: 15/11/2018
Rent: £22,000 pa, 10-year lease, six months rent free
Lessor’s agent: Elsom Spettigue Associates
Lessee: Woodbridge Carpet Co
Plot, Main Street, Winchburgh EH52 6RT
Size: 10,454 sq ft (971 sq m)
Date of deal: 19/12/2018
Price: £75,000
Vendor: Winchburgh Development Partnership
Vendor’s agent: Eric Young & Co
Purchaser: Tiptoes Nursery
INDUSTRIAL
Unit 38, Phoenix Industrial Estate, Charles St, West Bromwich B70 0AY
Size: 2,020 sq ft (118 sq m)
Date of deal: 05/12/2018
Rent: £11,000 pa, five-year lease, three months rent free, three-year tenant break
Lessor: Atkins Properties
Lessor’s agent: Fisher German
Lessee: Silvaman Group
Units A & B, Greycaine House, Greycaine Road, Watford WD24 7GP
Size: 17,749 sq ft (1,649 sq m)
Date of deal: 09/11/2018
Rent: £120,000 pax, 10-year lease, tenant break and review at year five
Lessor: Rayners Enterprises
Lessor’s agent: Smiddy & Co
Lessee: CEX
Unit 6, Windrush Industrial Park, Vanbrugh Quarter, Witney OX29 7AG
Size: 920 sq ft (85 sq m)
Date of deal: 20/11/2018
Rent: £10,102 pa, three-year lease
Lessor’s agents: Benedicts and Carter Jonas
Lessee: Kombucha Kat