National deals round-up

EG’s Most Active Agent competition winners Nottinghamshire FHP Property Consultants Innes England Commercial Property Partners NG Chartered Surveyors Fisher German Dealmaker: Ross Whiting, Innes England “Nottingham’s property market continues to grow, with current permitted development rights contributing to increased demand for freehold offices. A lack of grade-A offices and industrial units offers a great opportunity to property owners who are willing to speculatively refurbish their buildings or build new stock.” Industrial 28 Cabragh Road, Armagh BT61 8EY Size: 5,964 sq ft (554 sq m) Date of deal: 15/03/2019 Rent: £10,200 pa, three-year lease Lessor’s agent: CPS Property Lessee: Total Batching Solutions Euroway 26, Euroway Trading Estate, Roysdale Way, Bradford BD4 6SA Size: 193,576 sq ft (17,984 sq m) Date of deal: 01/04/2019 Rent: £774,304 pa, 15-year lease Lessor: Legal & General Lessor’s agents: Avison Young and CBRE Lessee: Expect Distribution  Lessee’s agent: Michael Steel & Co Unit 13, 65 Sisna Park Road, Plymouth PL6 7AE Size: 3,563 sq ft (331 sq m) Date of deal: 04/04/2019 Rent: £23,000 pa, five-year lease, annual breaks Lessor’s agent: Listers Property Consultants Lessee: RS Components  Unit 6/7, Llay Industrial Estate (North), Point 36, Davy Way, Llay, Wrexham LL12 0PG Size: 2,776 sq ft (258 sq m) Date of deal: 05/04/2019 Rent: £12,000 pa, 10-year lease Lessor: Distant Shores  Lessor’s agent: Legat Owen Lessee: CIH Belting  OFFICE 5th Floor Suite B, HQ, 58 Nicholas Street, Chester CH1 2NP Size: 2,400 sq ft (223 sq m) Date of deal: 15/03/2019 Rent: £51,900 pa, 10-year lease, rent review at year five, six months rent-free Lessor’s agent: Legat Owen Lessor: Cheshire West & Chester Council Lessee: Passion for Life Healthcare 5th Floor, Broad Gate, The Headrow, Leeds LS1 8EQ Size: 12,558 sq ft (1,167 sq m) Date of deal: 15/03/2019 Rent: £326,508 pa, 10-year lease Lessor: Highcross Group  Lessor’s agents: Colliers International and Knight Frank Lessee: Hays Front Office, Hille Business Centre, 132 St Albans Road, Watford WD24 4AE Size: 440 sq ft (41 sq m) Date of deal: 15/03/2019 Rent: £9,500, five-year lease, lease break at year three Lessor’s agent: Brasier Freeth Lessee: Apteligen Unit B, Pinewood, Woodgate Business Park,  Bell Heath Way, Birmingham B32 3GH Size: 4,910 sq ft (456 sq m) Date of deal: 25/03/2019 Price: £360,000 Vendor’s agent: GJS Dillon  Purchaser: Fuelsoft  RETAIL 124 Morningside Road, Edinburgh EH10 4PX Size: 1,075 sq ft (100 sq m) Date of deal: 01/04/2019 Rent: £18,000 pa, 10-year lease Lessor: Thistle Peat  Lessor’s agent: Eric Young & Co Lessee: East Pizza 141-142 High Street, Winchester SO23 9AY Size: 3,000 sq ft (279 sq m) Date of deal: 12/04/2019 Price: £2.6m, 4.67% yield Vendor’s agents: GCW and Harmer Ray Hoffbrand Vendor: UK Estates  Purchaser’s agent: GCW Lessee: TSB 22 Prospect Street, Caversham, Reading RG4 8JG Size: 4,396 sq ft (408 sq m) Date of deal: 22/03/2019 Rent: £54,000 pa, 10-year lease, three months rent-free, tenant-only break and upwards-only rent review at year five Lessor’s agent: Hicks Baker Lessor: Oakflower  Lessee: RIHA Properties 61 Steep Hill, Lincoln LN2 1LR Size: 463 sq ft (43 sq m) Date of deal: 21/03/2019 Rent: £11,500, five-year lease, rent review at year three Lessor’s agent: Banks Long & Co Lessee: Vines Bakery Lessor: RS Taylor  41 Main Street, Prestwick KA9 1AE Size: 750 sq ft (70 sq m) Date of deal: 15/01/2019 Rent: £15,000 pa, 10-year lease Lessor: Linea Developments  Lessor’s agent: DM Hall Lessee: Cutsburn Holdings Rear Unit, The Hawk, Bridge Street, Halesworth IP19 8AD Size: 807 sq ft (75 sq m) Date of deal: 01/01/2019 Rent: £6,000 pa, five-year lease Lessor agent: Oliver’s Property Agent Lessee: Valerie’s Consignment Store Unit 1, 146-158 Kensington High Street, London  W8 6SU Size: 3,874 sq ft (360 sq m) Date of deal: 27/03/2019 Rent: £811,250 pax, 15-year lease, upward-only rent reviews at years five and 10 Lessor’s agent: DMA Lessee: Clydesdale Bank NON-RESI Golborne Church, High Street, Golborne WA3 3BU Size: 2,698 sq ft (251 sq m) Date of deal: 22/03/2019 Price: £122,500 Vendor’s agent: Lamb & Swift Commercial Vendor: Stone Arch Holdings  Purchaser: Man Develop To submit your deals, please e-mail deals@egi.co.uk