National deals round-up

EG’s Most Active Agent competition winners Gloucestershire Alder King Hartnell Taylor Cook Christie & Co Burston Cook KBW Chartered Surveyors Dealmaker: Adrian Rowley, Alder King “Gloucestershire’s property market remains as robust as ever, with strong occupier and investor demand and good levels of speculative development. However, supply of prime, secondary and tertiary stock remains low.  “The county’s manufacturing sector continues to be a major driver of investment. Two bespoke buildings totalling 330,000 sq ft are under construction at Gloucester Business Park for G-Tekt and Dowty Propellers and are due for completion later this year.  “Arlington’s 65,000 sq ft office prelet to Ecclesiastical Insurance Group, also at Gloucester Business Park, is also worth mentioning. The largest office prelet in Gloucester for 20 years, it represents a strong vote of confidence in the county as a successful business location.” OFFICES 1st Floor, Connaught House, Broomhill Road, Woodford Green IG8 0PY Size: 764 sq ft (71 sq m) Date of deal: 01/09/2019 Rent: £13,500 pa, 10-year lease, break at third year, review at fifth year, one-month rent-free period Lessor’s agent: Claridges Commercial Lessee: Cube SSH Group  1st Floor, Site 10, Dalcross Industrial Estate, Inverness IV2 7XB Size: 1,522 sq ft (141 sq m) Date of deal: 01/06/2019 Rent: £8,800 pa, 10-year lease Lessor: Drumcarron Properties Lessor’s agent: Graham & Sibbald Lessee: Dalcross Handling Scotswood House, Amethyst Road, Newcastle Business Park, Newcastle NE4 7YL Size: 17,009 sq ft (1,580 sq m) Date of deal: 01/09/2019 Price: £1.5m Vendor’s agent: Naylors Chartered Surveyors Purchaser’s agent: Bradley Hall Purchaser’s legal adviser: Gordon Brown Associates Purchaser’s asset manager: KSM Associates Thorne House, 188-190 Norfolk Street, Sheffield S1 1SY Size: 1,300 sq ft (121 sq m) Date of deal: 15/07/2019 Rent: £7,500 pa, three-year lease Lessor: CTP  Lessor’s agent: Commercial Property Partners Lessee: Unity Yoga Unit 3A, 58 Queen Street, Dumfries DG1 2JP Size: 186 sq ft (17 sq m) Date of deal: 01/08/2019 Rent: £3,000 pa, three-year lease Lessor: KCAM Properties Lessor’s agent: Shepherd Commercial Lessee: Christopher Bailey Chartered Accountants (Scotland) RETAIL 25-27 Church Street, Rushden NN10 9YU Size: 2,132 sq ft (198 sq m) Date of deal: 23/08/2019 Rent: £15,000 pa, five-year lease, tenant break at year three Lessor: Peter Crisp Lessor’s agents: Drake Commercial and Prop-Search.com Lessee: Absolute Accounts 30 High Street, Sittingbourne ME10 4PD Size: 1,057 sq ft (98 sq m) Date of deal: 07/06/2019 Rent: £19,000 pax, 15-year lease, upward-only rent reviews at years five and 10 Lessor’s agent: Watson Day Chartered Surveyors Lessee: Fireaway Pizza 4-6 Abergele Road, Colwyn Bay LL29 7NN Size: 1,950 sq ft (181 sq m) Date of deal: 08/07/2019 Rent: £12,000 pa, 10-year lease, break at year five Lessor’s agent: St Davids Commercial Lessee: Boopers 97 Manchester Road, Altrincham WA14 4RJ Size: 839 sq ft (78 sq m) Date of deal: 20/08/2019 Rent: £11,400 pa, five-year lease Lessor’s agent: Regional Property Solutions Lessee: Buff Nail & Beauty Studio LAND 274 Ladywell Road, Motherwell ML1 3HD Size: 1.93 acres (0.78 hectares) Date of deal: 03/09/2019 Price: £612,330 Vendor: Motherwell Miners Club Vendor’s agent: DM Hall Purchaser: Merchant Homes INDUSTRIAL Unit 1 Riverside Business Park, Dogflud Way, Farnham GU9 7SS Size: 1,900 sq ft (177 sq m) Date of deal: 02/08/2019 Price: £310,000 Vendor: Edward Thompson Vendor’s agent: Curchod & Co Purchaser: Stenart Associates Unit 36, Sisna Park, Estover Road, Plymouth PL6 7PY Size: 6,028 sq ft (560 sq m) Date of deal: 31/07/2019 Rent: £14,000 pa, four-year lease, break at year two Lessor’s agent: Listers Property Consultants Lessee: Rightway Environmental Unit 7, Tungsten Court, Nuneaton CV11 6GY Size: 2,748 sq ft (255 sq m) Date of deal: 16/08/2019 Rent: £20,500, six-year lease, break and review at year three Lessor’s agent: Loveitts Lessee: XYZ Machine Tools Unit 9, Symmetry Park, Aston Clinton, Aylesbury HP22 5EZ Size: 83,000 sq ft (7,711 sq m) Date of deal: 01/07/2019 Rent: £643,250 pa, 15-year lease Lessor’s agent: Brasier Freeth Lessee: Global Infusion Group Unit A, Aldow Enterprise Park, Blackett Street, Manchester M12 6AE Size: 7,614 sq ft (707 sq m) Date of deal: 01/08/2019 Rent: £49,500 pa, five-year lease Lessor’s agent: Roger Hannah Lessee: Cloud Aerial Arts Units 1-3 Guillemot Place, Western Road, Wood Green N22 6XG Size: 23,694 sq ft (2,201 sq m) Date of deal: 05/08/2019 Price: £9.3m, 3.03% NIY Vendor: LaSalle Investment Management Vendor’s agent: JM + CO Purchaser’s agent: Koopmans To submit your deals, please e-mail deals@egi.co.uk