National deals round-up – £1.4m business park sale

The pick of the deals from around the country this week EG’s Most Active Agent competition winners Warwickshire 1. Bromwich Hardy 2. Wareing & Company 3. ehB Commercial 4. Darby Keye Property =5.  Loveitts =5.  George & Company Dealmaker: Tom Bromwich, Bromwich Hardy Warwickshire has continued to perform extremely well over the last 12 months, especially in the Industrial sector with rent and capital values increasing strongly. The office market has also seen some high profile lettings, with occupiers not being limited on choice. Finally, Warwickshire has proved a hotspot for investment activity with premium prices and yields being achieved across all sectors and no indication of a slow down. INDUSTRIAL CMS Business Park, Station Lane, Pontefract WF7 6EQ ■ Size: 33,694 sq ft (3,130 sq m) ■ Date of deal: 11/09/2018 ■ Price: £1,456,000, 8.9% yield ■ Vendor: CMS Medical Vendor’s agent: Allsop ■ Purchaser: MYRCE Real Estate Investment Unit 1 Witham Point, Wavell Drive, Lincoln LN3 4PL ■ Size: 4,000 sq ft (372 sq m) ■ Date of deal: 10/09/2018 ■ Rent: £27,500 pa, three-year lease ■ Lessor’s agent: Banks Long ■ Lessee: Roofriendly Unit 12a Moss Lane Industrial Estate, Moss Lane, Oldham OL2 6HR ■ Size: 826 sq ft (77 sq m) ■ Date of deal: 15/08/2018 ■ Rent: £6,950 pa, three-year lease, tenant break every six months ■ Lessor’s agent: Breakey & Nuttall ■ Lessor: Howarth Brothers ■ Lessee: RSPCA Unit 2, Meadow Road Industrial Estate, Glasgow G11 6HX ■ Size: 1,533 sq ft (142 sq m) ■ Date of deal: 05/07/2018 ■ Rent: £12,500 pa, yearly lease ■ Lessor: City Property ■ Lessor’s agent: Graham & Sibbald ■ Lessee: Wester Spirit Unit 25, Gaerwen Industrial Estate, Off Holyhead Road, Gwynedd LL60 6HR ■ Size: 750 sq ft (70 sq m) ■ Date of deal: 17/08/2018 ■ Rent: £4,200 pa, three-year lease, three months rent free ■ Lessor: Llys Dulas Estate ■ Lessor’s agent: Legat Owen ■ Lessee: Llanfairpwll Distillery Unit 20, Wulfrun Trading Estate, Foxs Lane, Wolverhampton WV1 1PA ■ Size: 12,032 sq ft (1118 sq m) ■ Date of deal: 03/09/2018 ■ Rent: £12,032, five-year lease, break at year three, three months rent free ■ Lessor’s agents: Fisher German and Bulleys ■ Lessee: Enigma Fit Out Solutions Unit 7 Omega Park, Omega Business Centre, Wilsom Road, Alton GU34 2QD ■ Size: 2,135 sq ft (198 sq m) ■ Date of deal: 25/07/2018 ■ Price: £260,000 Vendor’s agent: Hollis Hockley ■ Purchaser: London Pumps Unit 2, Kingshill Commercial Park, Queens Road, Aberdeen AB15 4YE ■ Size: 15,567 sq ft (1,446 sq m) ■ Date of deal: 10/08/2018 ■ Rent: £215,000 pa, 10-year lease ■ Lessor: Knight Property Group ■ Lessor’s agent: Savills & Ryden ■ Lessee: Texo Group LEISURE The Artichoke, 1 Magdalen Road, Norwich NR3 4LW ■ Size: 3,530 sq ft (328 sq m) ■ Date of deal: 16/07/2018 ■ Price: £350,000 ■ Vendor: Unique Pub Properties Gamma Vendor’s agent: Everard Cole ■ Purchaser: Golden Triangle Brewery OFFICE 2nd Floor, 22 Drumsheugh Gardens, Edinburgh EH3 7RN ■ Size: 1,066 sq ft (99 sq m) ■ Date of deal: 23/07/2018 ■ Rent: £21,320 pa, 10-year lease, 1.5 months rent free ■ Lessor: Euniva ■ Lessor’s agent: Shepherd Commercial ■ Lessee: AMS RETAIL 12 Middleton Gardens, Middleton M24 4DF ■ Size: 1,386 sq ft (129 sq m) ■ Date of deal: 15/08/2018 ■ Rent: £15,000 pa, five-year lease, tenant break and rent review in year three ■ Lessor’s agent: Sanderson Weatherall ■ Lessor: Jeffries Leisure ■ Lessee: The Vapour Corner 16 Bishopton Lane, Stockton-On-Tees TS18 2AA ■ Size: 4,993 sq ft (458 sq m) ■ Date of deal: 01/09/2018 ■ Rent: £25,000 pa, five-year lease ■ Lessor’s agent: Dodds Brown ■ Lessee: Panico’s 310 Kings Road, London SW3 5UH ■ Size: 1,719 sq ft (160 sq m ■ Date of deal: 03/09/2018 ■ Rent: £82,500 pa, 10-year lease, break at year five ■ Lessor’s agents: Miles Commercial and Savills ■ Lessee: The Little Greene Paint Company 308 Topsham Road, Exeter EX2 6HG ■ Size: 444 sq ft (41 sq m) ■ Date of deal: 22/08/2018 ■ Rent: £9,000 pa, five-year lease ■ Lessor’s agent: Stratton Creber Commercial ■ Lessee: Ocean Healthcare 61 High Street, Arundel BN18 9AJ ■ Size: 3,231 sq ft (300 sq m) ■ Date of deal: 30/07/2018 ■ Rent: £45,000 pa, 20-year lease, six months rent, upward-only rent review at year five, tenant-only break at years five and 10 ■ Lessor: Cradick Retail ■ Lessor’s agent: Fawcett Mead ■ Lessee: Chichester Events 7b Kensington Church Street, London W8 4LF ■ Size: 465 sq ft (43 sq m) ■ Date of deal: 10/08/2018 ■ Rent: £70,000 pa, 10-year lease, tenant break and upward-only rent review at year five ■ Lessor’s agent: Blanchflower Lloyd Baxter and DMA Property ■ Lessee: Iremit