National deals: 18 March 2017
A round-up of notable deals from around the UK
INDUSTRIAL
Unit 2, May Avenue Industrial Estate, May Avenue, Gravesend DA11 8RU
Size: 1,977 sq ft (184 sq m)
Date of deal: 03/03/2017
A round-up of notable deals from around the UK
INDUSTRIAL
Unit 2, May Avenue Industrial Estate, May Avenue, Gravesend DA11 8RU
Size: 1,977 sq ft (184 sq m)
Date of deal: 03/03/2017
Rent: £15,500 pax, five-year lease, three months rent-free, tenant break at year three
Lessor: Cedarlane
Lessor’s agent: Caxtons
Lessee: Whitehole Industries
Unit 8, City Trading Estate, Norwich NR2 4UX
Size: 5,094 sq ft (473 sq m)
Date of deal: 01/03/2017
Rent: £28,017 pa, 10-year lease, six months rent-free, rent review at year five
Lessor’s agent: Brown & Co
Lessee: CareCo (UK)
Lessor: LAMIT
Unit B Seller Way Business Park, Sellers Way, Oldham OL9 8EY
Size: 7,220 sq ft (671 sq m)
Date of deal: 27/01/2017
Rent: £28,880 pa, five-year lease, six weeks rent-free
Lessor’s agent: Beesleys
Lessee: Caterfab
Production Facility, Rainhill Road, Washington NE37 3HP
Size: 151,037 sq ft (14,032 sq m)
Date of deal: 01/03/2017
Price: £5.5m, yield 6.4%
Vendor: Sulgrave Investments
Vendor’s agent: JLL
Purchaser: Standard Life Investments Property Income Trust
Purchaser’s agent: GVA
Lessee: SNOP UK
Sighthill Industrial Estate, Bankhead Drive, Edinburgh EH11 4DW
Size: 27,000 sq ft (2,508 sq m)
Date of deal: 06/03/2017
Price: £1.6m
Vendor: SRA Ventures
Vendor’s agents: Ryden and Graham & Sibbald
Purchaser: Kangaroo Self Storage
OFFICE
Part 1st floor, Beaver House, Hythe Bridge Street, Oxford OX1 2ET
Size: 15,917 sq ft (1,479 sq m)
Date of deal: 07/02/2017
Rent: £282,500 pa, 10-year lease, 12 months rent-free, rent review June 2021
Lessor’s agent: VSL & Partners
Lessor: Blackwells
Lessee: Crichleys
Unit 17, Pride Park, Brunel Parkway, Derby DE24 8HR
Size: 2,057 sq ft (191 sq m)
Date of deal: 06/02/2017
Rent: £21,500 pax, five-year lease, tenant break and rent review at year three
Lessor’s agent: BB&J
Lessee: Silktide
Unit 4, Acorn Business Park, Flint CH5 5YN
Size: 1,575 sq ft (146 sq m)
Date of deal: 03/03/2017
Rent: £12,600 pa, five-year lease, three months rent-free, break after three years
Lessor’s agent: Legat Owen
Lessee: Carewatch
Lessor: Joseph Ogden Estates
1st floor, 41-51 Grey Street, Newcastle Upon Tyne NE1 6EE
Size: 3,013 sq ft (280 sq m)
Date of deal: 01/03/2017
Rent: £51,225 pa, 10-year lease, break at year five
Lessor: Norham House
Lessor’s agent: BNP Paribas Real Estate
Lessee: GHD
RETAIL
39 Bell Street, Sawbridgeworth CM21 9AR
Size: 518 sq ft (48 sq m)
Date of deal: 27/01/2017
Rent: £9,600 pa, five-year lease, mutual break after three years
Lessor’s agent: Mullucks Wells & Associates
Lessor: Forebury Estates
Unit 37, Dockside Outlet Centre, Dockhead Road, Chatham ME4 3ER
Size: 1,195 sq ft (111 sq m)
Date of deal: 16/01/2017
Rent: £22,000 pa, five-year lease, six months rent-free
Lessor: WD
Lessor’s agent: JP Retail
Lessee: Card Factory
Unit 36, Sovereign Shopping Centre, High Street, Weston-Super-Mare BS23 1HL
Size: 650 sq ft (60 sq m)
Date of deal: 23/02/2017
Rent: £27,000, five-year lease
Lessor’s agents: Fawcett Mead and GVA
Lessor: Vixcroft
Lessee’s agent: Latham High
Lessee: Socialites
61-63 Weston Road, Stoke ST3 6AB
Size: 2,185 sq ft (203 sq m)
Date of deal: 18/01/2017
Rent: £15,000 pa, 20-year lease, rent reviews every five years
Lessor: Co-operative Bank
Lessor’s agent: Mason Owen
Lessee: Pizza Hut Delivery
37 Unicorn Hill, Redditch B97 4QR
Size: 1,059 sq ft (98 sq m)
Date of deal: 09/02/2017
Rent: £14,950 pa
Lessor’s agent: Nicholas Brett & Co
Lessee: Hotcha
45 Shore Street, Inverness IV1 1NF
Size: 6,330 sq ft (588 sq m)
Date of deal: 08/03/2017
Price: £500,000
Vendor: MacGregor Properties
Vendor’s agent: Shepherd Commercial
Purchaser: Generator Power
24 Gold Street, Saffron Walden CB10 1EJ
Size: 1456 sq ft (135 sq m)
Date of deal: 15/12/2016
Rent: £16,000 pa, 10-year lease, break and review at year five, one month rent-free
Lessor: Saffron Walden Motors
Lessor’s agent: Mullucks Wells
Lessee: IPSEA
EG’s Most Active Agent competition winners:
Northern Ireland
Lambert Smith Hampton
O’Connor Kennedy Turtle
DTZ McCombe Pierce
McKibbin Commercial
Lisney
Dealmaker – Michael Burke, O’Connor Kennedy Turtle
“To win EG’s Most Active Agent in Northern Ireland is a real honour. The past year has been very demanding and it has been a pleasure to secure so many instructions and, more importantly for my clients, to have executed the deals. I am very appreciative of being recognised for my efforts and achievements.”