EG’s Most Active Agent competition winners
Cambridgeshire
- Barker Storey Matthews
- Bidwells
- Cheffins
- Carter Jonas
- Savills
Dealmaker – Richard Adam, Barker Storey Matthews
“The underlying commercial property market remains strong, despite some national uncertainty, with a continued shortage of supply, particularly for industrial buildings. The market is responding to this with several speculative industrial schemes. The forthcoming completion of the A14 upgrade in December 2020 is having a positive effect, with buyers and tenants anticipating what will be a major infrastructure improvement that will underline Huntingdon’s location as a junction of the A14, A1 and the East Coast mainline.’’
RETAIL
1 Crossgate, Cupar KY15 5HA
EG’s Most Active Agent competition winners
Cambridgeshire
Barker Storey Matthews
Bidwells
Cheffins
Carter Jonas
Savills
Dealmaker – Richard Adam, Barker Storey Matthews
“The underlying commercial property market remains strong, despite some national uncertainty, with a continued shortage of supply, particularly for industrial buildings. The market is responding to this with several speculative industrial schemes. The forthcoming completion of the A14 upgrade in December 2020 is having a positive effect, with buyers and tenants anticipating what will be a major infrastructure improvement that will underline Huntingdon’s location as a junction of the A14, A1 and the East Coast mainline.’’
RETAIL
1 Crossgate, Cupar KY15 5HA
Size: 2,063 sq ft (192 sq m)
Date of deal: 19/03/2019
Rent: £32,500 pa, 10-year lease
Lessor: CM Real Estate
Lessor’s agent: Culverwell
Lessee: Lloyds Pharmacy
8 Broadwalk, Crawley RH10 1HQ
Size: 502 sq ft (47 sq m)
Date of deal: 28/03/2019
Rent: £21,000 pax, five-year lease
Lessor’s agent: Graves Jenkins
Lessee: HRGO
Former Aldi, Wiltshire Drive, Wallsend NE28 8TU
Size: 11,267 sq ft (1,047 sq m)
Date of deal: 01/03/2019
Price: £635,000
Vendor: LCP Estates
Vendor’s agent: Mason & Partners
Purchaser: B&M Bargains
Unit 2, 12 East Walk, Yate BS37 4AS
Size: 1,567 sq ft (146 sq m)
Date of deal: 01/03/2019
Rent: £43,000 pa, 10-year lease, break and review at year five
Lessor’s agent: Arc Retail & Morgan Williams
Lessee: Bush Healthcare
Unit 20, Harris Arcade, Friar Street, Reading RG1 1DN
Size: 194 sq ft (18 sq m)
Date of deal: 26/04/2019
Rent: £8,000 pa, two-year lease, one month rent-free
Lessor’s agent: Hicks Baker
Lessee: Rewind Clothing
Unit 2, Maypole Retail Park, Maypole Lane, Birmingham B14 5JF
Size: 5,485 sq ft (510 sq m)
Date of deal: 09/04/2019
Rent: £65,000 pa, 10-year lease, 12 months rent-free, tenant-only break at year five
Lessor’s agent: Creative Retail Property Consultants
Lessee: Poundstretcher
Ground Floor, 115-123 Lord Street, Southport PR8 1PU
Size: 5,970 sq ft (555 sq m)
Date of deal: 10/04/2019
Rent: £40,000 pa, five‑year lease, three months rent-free
Lessor: Aliva Estates
Lessor’s agent: Mason Owen
Lessee: Roy Castle Lung Cancer Foundation
Unit 25, The Centre, Almondvale South, Livingston EH54 6NB
Size: 417 sq ft (39 sq m)
Date of deal: 08/05/2019
Rent: £20,000 pa, five-year lease
Lessor: Hines UK
Lessor’s agent: Eric Young & Co and Savills
Lessee: Media Hair
Lessee’s agent: Sutherland Brown
53 Chapel Market, Islington, London N1 9EW
Size: 1,290 sq ft (120 sq m)
Date of deal: 14/05/2019
Rent: £35,000 pa, 10-year lease, lease break and review at year five, six months rent-free
Lessor’s agent: DMA
Lessee: Trinity Hospice
Lessee’s agent: Picton Jones & Co
INDUSTRIAL
Unit 4, Boston Court, Kansas Avenue, Salford M50 2GN
Size: 4,041 sq ft (375 sq m)
Date of deal: 08/03/2019
Price: £200,000
Vendor’s agent: WT Gunson
Purchaser: Hana Hosiery Manufacturing
Unit 4, Central Trade Park, Marley Way, Saltney CH4 8SX
Size: 3,380 sq ft (314 sq m)
Date of deal: 03/05/2019
Rent: £33,000 pa, three‑year lease, three months rent-free
Lessor: Westbrook Properties
Lessor’s agents: Legat Owen & BA Commercial
Lessee: Perfect Dreams
Unit 5, 2 McCalls Avenue, Ayr KA8 9AE
Size: 2,100 sq ft (195 sq m)
Date of deal: 01/02/2019
Rent: £8,000 pa, three-year lease
Lessor: Millside Properties
Lessor’s agent: Shepherd Commercial
Lessee: Homesmart Construction
OFFICE
31 High Street, Chesham HP5 1BW
Size: 1,465 sq ft (136 sq m)
Date of deal: 21/02/2019
Rent: £18,000 pa, five-year lease and break at third year
Lessor: Blue Suede
Lessor’s agents: Potter & Ford
Lessee: Bradt Travel Guides
Chantry House, 123 Kirkgate, Wakefield WF1 1JG
Size: 68,000 sq ft (6,317 sq m)
Date of deal: 15/03/2019
Price: £2.6m
Vendor: Daejan Commercial Properties
Vendor’s agent: WSB Property Consultants
Purchaser: Wakefield Council
First Floor, 29-31 Mint Street, Lincoln LN1 1UB
Size: 1,949 sq ft (181 sq m)
Date of deal: 02/05/2019
Rent: £12,500 pa, five-year lease
Lessor’s agent: Banks Long & Co
Lessee: Social Change UK
Unit 9, Sorrell House, Claydon Business Park, Great Blakenham, Ipswich IP6 0NL
Size: 3,509 sq ft (326 sq m)
Date of deal: 10/04/2019
Rent: £42,000 pax, five-year lease, break at third year, six months rent-free
Lessor: Edward Le Bas Properties
Lessor agent: Penn Commercial
Lessee: Attain & Sustain
To submit your deals, please e-mail deals@egi.co.uk