National deals round-up

EG’s Most Active Agent competition winners Cheshire Legat Owen BE Group B8 Real Estate Butters John Bee BA Commercial Dealmaker: Will Sadler, Legat Owen “The commercial market in Cheshire has proved to be resilient to wider market forces over the past 12 months. “We have seen high demand for industrial premises along the M53 and M6 corridors, particularly at Helix Business Park (Ellesmere Port) and Cheshire Green (Crewe). There has also been significant office take-up at key business parks in Chester, Cheshire Oaks and Daresbury. “There is no denying that Brexit has cast a shadow of uncertainty, but there is now a glimmer of light at the end of the tunnel.” North Wales Legat Owen St Davids Commercial BA Commercial Dafydd Hardy Cooke & Arkwright Dealmaker: Colin Flannigan, St Davids Commercial “The North Wales A55 corridor is experiencing a plentiful supply of owner-occupiers and tenants for well-located industrial units and yards.  “Investors who buy, renovate and rent have ensured a busy year. This, together with a very limited supply of new-builds, has kept prices high, and this will continue as there is limited land for future development. “Retail continues to be difficult, but sensible landlords will get properties let, offering rent-free periods and shorter leases. Building land continues to sell very well, and the office is currently advising on more than 750 plots. Conwy Council’s new offices in Colwyn Bay, bringing in 750 staff, have also helped the area.” INDUSTRIAL Hope Foundry, Mabgate, Leeds LS9 7DR Size: 16,500 sq ft (1,533 sq m) Date of deal: 03/10/2019 Price: £1.5m Vendor: Treadwell Developments Purchaser: Music & Arts Production Leeds Purchaser’s legal adviser: Blacks Solicitors Land at McMillan Place, Irvine KA11 5DB Size: 1.56 acres (0.63 hectares) Date of deal: 29/10/2019 Price: £120,000 Vendor: KT Montgomery Plant Hire Vendor’s agent: Graham & Sibbald Purchaser: Eclipse Storage Unit 23, Link Business Centre, Link Way, Malvern WR14 1UQ Size: 1,944 sq ft (181 sq m) Date of deal: 09/10/2019 Rent: £19,750 pa, six-year lease Lessor: Dormer Executive Pension Scheme Lessor’s agent: John Goodwin Lessee: Global Opportunities Marketing  Unit 24, Maritime Trade Park, Atlas Way, Bootle L20 4DY Size: 2,866  sq ft (266 sq m) Date of deal: 13/09/2019 Rent: £17,196 pa, 10-year lease, break and review in year five Lessor: Northern Trust Company Lessor’s agents: Eddisons and Mason Owen Lessee: Lady CC Unit 4, Bankhead Business Parc, Sighthill Industrial Estate, Edinburgh EH11 4EY Size: 1,999 sq ft (186 sq m) Date of deal: 15/08/2019 Rent: £24,000 pa, five-year lease Lessor: Glenalmond Investments Lessor’s agents: Ryden and Colliers International Lessee: Commercial Cross Unit 55, Zone Two, Third Avenue, Deeside Industrial Park, Deeside CH5 2LA Size: 3,454 sq ft (321 sq m) Date of deal: 17/10/2019 Rent: £21,500 pa, five-year lease, break at year three Lessor: Columbia Threadneedle Lessor’s agent: Legat Owen Lessee: Tructyre ATS Unit D, Three Michaels Yard, Carterton OX18 3EZ Size: 1,527 sq ft (142 sq m) Date of deal: 15/10/2019 Rent: £14,240 pa, 10-year lease, break and rent review at fifth year Lessor’s agent: VSL and Partners Lessee: Allsworth Roofing Unit E1, Rosemount Business Park, Glasgow G21 2QA Size: 727 sq ft (68 sq m) Date of deal: 25/09/2019 Rent: £4,875 pa, five-year lease, three-year break, yearly rent reviews Lessor: Rosemount Workspace Lessor’s agent: Shepherd Commercial Lessee: Dynamic Live Events OFFICE 17 East Links, Tollgate Business Park, Chandlers Ford SO53 3TG Size: 2,985 sq ft (277 sq m) Date of deal: 18/09/2019 Rent: £45,000 pa, 10-year lease, break and rent review at year five Lessor: Harry A Coff Lessor’s agent: Vail Williams Lessee: Sipsynergy Unit 4, Alvaston Business Park, Middlewich Road, Nantwich CW5 6PF Size: 711 sq ft (66 sq m) Date of deal: 31/10/2019 Rent: £15,000 pa, one-year lease Lessor: OCC Lessor’s agent: Legat Owen Lessee: DALC Properties RETAIL 104 West End Lane, West Hampstead NW6 2LS Size: 856 sq ft (80 sq m) Date of deal: 01/09/2019 Rent: £50,000 pa, 15-year lease, tenant and landlord break at 10th year, rent review every fifth year, three months rent free Lessor’s agent: Dutch & Dutch Lessee: Shawarma Plus 11, Compton Acres Shopping Centre, Rugby Road, Nottingham NG2 7RS Size: 879 sq ft (82 sq m) Date of deal: 07/11/2019 Rent: Year one: £15,000 pa, years two-five £17,000 pa, five-year lease Lessor’s agent: heb Chartered Surveyors Lessee: Just School Wear 143-145 Terminus Road, Eastbourne BN21 3NS Size: 5,694 sq ft (529 sq m) Date of deal: 29/08/2019 Price: £906,250 Vendor: Kirk Bryson & Co Vendor’s agent: Cradick Retail Purchaser: T Bello Properties Unit 29, The Gateway Shopping Centre, The Courtyard, Bythesea Road, Trowbridge BA14 8FZ Size: 891 sq ft (83 sq m) Date of deal: 30/09/2019 Rent: £9,500 pa, five-year lease, break at year three, two months rent free Lessor’s agent: Kavanaghs Lessee: Stage Door Cafe Unit 5, Denmark Centre, South Shields NE33 2LR Size: 1,796 sq ft (167 sq m) Date of deal: 20/08/2019 Rent: £17,500 pa, 10-year lease, five-year break Lessor: Denmark Centre Property Holdings Lessor’s agent: Sanderson Weatherall Lessee: Newcastle Building Society To submit your deals, please e-mail deals@egi.co.uk