National deals round-up

EG’s Most Active Agent competition winners Cornwall Miller Commercial Vickery Holman Redgrave Commercial Stratton Creber Commercial Smart Commercial Property Dealmaker: Rob Redgrave, Redgrave Commercial “I am delighted to receive the dealmaker award for the third year in a row. “The development market in Cornwall is strengthening, which is a positive sign. The Cornish industrial occupancy rate remains extremely high, with many of our estates fully let. Other sectors aren’t performing quite as well, which has caused investors to adjust their strategies. “The uncertainty in the marketplace cannot be denied, but there are still plenty of people doing things, which is really all we need.” Devon Stratton Creber Commercial Bettesworths Noon Roberts Property Consultants Alder King Vickery Holman Dealmaker: Paul Bettesworth, Bettesworths “Levels of market activity are appearing to closely track the progress (or lack thereof) of our recent political leadership uncertainty and Brexit in general. Whatever the outcome for the UK, it is a certainty that the wider political and economic landscape will determine confidence and transaction volume in the months to come. “Local industrial and investment markets are strong, but retail is not showing much sign of improvement.  “I believe that ‘Brand South West’ has sufficient strength and dimension to continue to attract investment, employment and growth, even in potentially challenging conditions.” INDUSTRIAL Ground Floor, Unit 2, Oakwood Enterprise Park, Leighton Buzzard LU7 0QD Size: 1,650 sq ft (153 sq m) Date of deal: 01/05/2019 Rent: £16,000 pa, 10-year lease, break and rent review at year five Lessor: Greybird Solutions Lessor’s agent: Smiddy & Co Lessee: Wolf Eyewear Unit 2 Royds Mill, Royd Business Park, Dye House Lane, Brighouse HD6 1LL Size: 2,445 sq ft (227 sq m) Date of deal: 15/07/2019 Rent: £16,000 pa, three-year lease Lessor: Harpenden Holdings Lessor’s agent: Brackenridge Hanson Tate Lessee: Light’n’Easy Appliances UK Unit 8, City South Business Park, Cookstone Road, Portlethen AB12 4QS Size: 1,250 sq ft (116 sq m) Date of deal: 12/05/2019 Price: £190,000 Vendor: Dandara Vendor’s agent: FG Burnett Purchaser: Clearwater Electrical Unit B2 Graylaw Industrial Estate, Wareing Road, Aintree L9 7AU Size: 11,250 sq ft (1,045 sq m) Date of deal: 01/05/2019 Rent: £38,000 pa, five-year lease Lessor: Lexton Investments Lessor’s agents: CBRE and Mason Owen Lessee: The Festive Decorators UK Unit E, Glenmore Business Park, Chichester PO19 7UW Size: 10,921 sq ft (1,1015 sq m) Date of deal: 30/06/2019 Price: £1,342,500 Vendor: World of Books Vendor’s agent: Flude Commercial incorporating Garner Wood Purchaser: Cromwell Holdings Purchaser’s agent: Chris Freer-Smith LEISURE 13 Bournemouth Road, Poole BH14 0EQ Size: 1,216 sq ft (113 sq m) Date of deal: 09/07/2019 Rent: £22,000 pa, 10-year lease, break and review at year five, six months rent-free Lessor’s agent: Willis Commercial Lessee: The Crazy Camel OFFICES 17 Lindsay Street, Arbroath DD11 1RP Size: 2,734 sq ft (254 sq m) Date of deal: 03/07/2019 Rent: £31,000 pa, 10-year lease, break at year five Lessor’s agent: Westport Property Lessee: Scottish Environment Protection Agency 1st Floor, 7 Roman Way Business Centre, Droitwich WR9 9AJ Size: 501 sq ft (46.49 sq m) Date of deal: 01/07/2019 Rent: £10,500 pa, four-year lease Lessor’s agent: GJS Dillon Lessee: Wilcox Matthews 6 Rutland Square, Edinburgh EH1 2AS Size: 3,641 sq ft (338 sq m) Date of deal: 15/06/2019 Rent: £90,000 pa, 15-year lease, five-yearly lease breaks Lessor: City & Pacific Lessor’s agent: Ryden Lessee: Gilson Gray Suite 4a, Broncoed House, Broncoed Business Park, Mold CH7 1HP Size: 962 sq ft (89 sq m) Date of deal: 20/06/2019 Rent: £11,000 pa, five-year lease, break at year three Lessor: Whitley Estates Lessor’s agent: Legat Owen Lessee: Datrys Consulting Engineering RETAIL 111-113 Mill Road, Cambridge CB1 2AZ Size: 1,993 sq ft (184 sq m) Date of deal: 10/05/2019 Rent: £70,000 pa, 15-year lease Lessor: David Collison Lessor’s agent: Everard Cole Lessee: Cambridge Bakery 162-166 Wellingborough Road, Northampton NN1 4DU Size: 3,195 sq ft (297 sq m) Date of deal: 15/05/2019 Rent: £35,000 pa, 10-year lease, break at year five Lessor’s agents: Hadland Chartered Surveyors and Potter Learoyd Commercial Lessee: World Buffet Northampton 81 Station Road, Ashington NE63 8RS Size: 2,643 sq ft (246 sq m) Date of deal: 28/06/2019 Price: £71,000 Vendor: Speedloan Finance Vendor’s agent: Sanderson Weatherall Purchaser: John Grenfell & Co Unit 1, Cholsey House, Moulsford Mews, Oxford Road, Reading RG30 1AG Size: 3,005 sq ft (279 sq m) Date of deal: 24/06/2019 Rent: £25,000 pax, 10-year lease, tenant-only break at years three and six, upward-only rent review at year five, six months rent-free Lessor: Tesco Lessor’s agent: Hicks Baker Lessee: Mathouse To submit your deals, please e-mail deals@egi.co.uk