National deals round-up

EG’s Most Active Agent competition winners North East Knight Frank Bradley Hall Connect Property North East Carver Commercial Naylors Chartered Surveyors Dealmaker: Simon Haggie, Knight Frank “It’s been an odd sort of year. Market sentiment has been affected by Brexit, but probably a greater influence in the region has been Nissan’s contraction, with falling car sales and uncertainty over the future of diesel engines. “Despite this, some 3.3m sq ft was transacted in deals over 50,000 sq ft in the first half of the year, although 2m sq ft of that figure is accounted for by a letting to Amazon at Integra 61 in Durham. “I suppose the market has been polarised with one or two large building sales/prelettings at one end of the scale, but with the majority of activity in small units of sub-2,500 sq ft falling under the rateable value threshold for 100% small business rates relief.” INDUSTRIAL 19 Water Street, Hyde SK14 1BD Size: 721 sq ft (67 sq m) Date of deal: 01/07/2019 Rent: £6,600 pa, three-year lease Lessor’s agent: Roberts & Roberts Lessee: Glazing Amazing 70 Westburn Farm Road, Glasgow G72 7UB Size: 91,345 sq ft (8,486 sq m) Date of deal: 15/07/2019 Price: £1.2m Vendor: Amber Real Estate Investments Vendor’s agent: Ryden Purchaser: Forkers Nelson Industrial Estate, Nelson Street, Middlesbrough TS6 6BJ Size: 24,162 sq ft (2,245 sq m) Date of deal: 01/09/2019 Price: £790,000, 8.41% NIY Vendor: Durham Estates Vendor’s agent: Avison Young Commercial Real Estate Purchaser: Grammont Group Unit 5, Corsham Commercial Centre, Potley Lane, Corsham SN13 9RH Size: 5,556 sq ft (516 sq m) Date of deal: 01/08/2019 Rent: £28,000, five-year lease, one month rent-free Lessor’s agent: Huw Thomas Commercial Lessee: AJM Engineering Unit 9, Shorade Industrial Estate, New Street, Cannock WS11 0DH Size: 900 sq ft (84 sq m) Date of deal: 14/08/2019 Rent: £5,400 pa, six-year lease, break and review at year three, six weeks rent-free Lessor’s agent: Andrew Dixon & Co Lessee: Sparkling Designs Units W6 & W7, Capital Business Park, Parkway, Cardiff CF3 2PW Size: 10,005 sq ft (929 sq m) Date of deal: 28/08/2019 Rent: £75,105 pa, five-year lease, break at year three, two months rent-free Lessor’s agent: Jenkins Best Commercial Property Consultants Lessee: Enjoy (UK) OFFICE 41 Melville Street, Edinburgh EH3 7JF Size: 8,020 sq ft (745 sq m) Date of deal: 15/07/2019 Rent: £160,400 pa, eight-year lease Lessor: Ross Motors Lessor’s agent: Ryden Lessee: Vegware Lessee’s agent: Lambert Smith Hampton Fifth Floor (part), Network House, Basing View, Basingstoke RG21 4HG Size: 4,500 sq ft (418 sq m) Date of deal: 27/09/2019 Rent: £62,250 pa, 10-year lease, break at year five Lessor’s agent: BDT Lessee: GlobalData Lessee’s agent: Savoy Stewart First Floor, Unit 13b, Priory Business Park, Fraser Road, Bedford MK44 3WJ Size: 920 sq ft (85 sq m) Date of deal: 22/07/2019 Rent: £9,250 pa, five-year lease, break at second year, rent review at fourth year Lessor: Forte Developments Lessor’s agent: Fisher German Lessee: Level Up Marketing  Ground Floor Office, C3A Crown Park, Crown Way, Rushden NN10 6BS Size: 852 sq ft (79 sq m) Date of deal: 01/10/2019 Rent: £10,500 pa, two-year lease Lessor: Forest Life Lessor’s agent: Prop-search.com Lessee: Yebo Design & Marketing Ground Floor, Frensham House, Farnham Business Park, Weydon Lane, Farnham GU9 8QT Size: 1,207 sq ft (112 sq m) Date of deal: 08/10/2019 Rent: £25,671 pa, five-year lease Lessor: Store Property Investments Lessor’s agent: Curchod & Co Lessee: Kings Acre Estates Lower Ground Floor, Ailsa Court, 121 West Regent Street, Glasgow G2 2SD Size: 1,879 sq ft (175 sq m) Date of deal: 01/08/2019 Rent: £25,366.50 pa, five-year lease Lessor: Kilpatrick Energy Lessor’s agent: Lambert Smith Hampton Lessee: Taylor Maxwell RETAIL 1 The Kidlington Centre, 57 High Street, Kidlington OX5 2DH Size: 1,568 sq ft (146 sq m) Date of deal: 04/10/2019 Rent: £32,000 pa, 10-year lease Lessor: Eames London Estate Lessor’s agent: VSL & Partners Lessee: Gerry’s Offshore Incorporations 75-91 Ormskirk Road, Aintree L9 5AE Size: 26,267 sq ft (2,440 sq m) Date of deal: 25/09/2019 Price: £5.9m, 6.1% NIY Vendor: M7 Real Estate Purchaser: FPG (UK) Purchaser’s agent: Ryden 99 High Street, Billericay CM12 9AJ Size: 2,025 sq ft (188 sq m) Date of deal: 01/08/2019 Rent: £55,000 pa, 15-year lease, rent review at every fifth year Lessor’s agent: Mass & Co Lessee: British Heart Foundation Unit 3, Olivebank Retail Park, Newhailes Road, Musselburgh EH21 6RE Size: 2,629 sq ft (244 sq m) Date of deal: 02/08/2019 Rent: £30,000 pa, five-year lease, three months rent-free, three-year lease break Lessor: J&I Scaffolding Equipment Lessor’s agent: Allied Surveyors Scotland Lessee: Hey Girls To submit your deals, please e-mail deals@egi.co.uk