EG’s Most Active Agent competition winners
Glasgow
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Ryden
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JLL
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Savills
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Shepherd Commercial
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CBRE
Dealmaker: Gregor Harvie, Ryden
“The Glasgow industrial market has continued to perform well in 2019 despite the political uncertainty. There remains a shortage of stock across all sizes.
“A couple of positive prelet transactions have been announced with a few other larger deals currently in legals. The development pipeline is still limited, with a number of unsatisfied requirements still in the market.”
EG’s Most Active Agent competition winners
Glasgow
Ryden
JLL
Savills
Shepherd Commercial
CBRE
Dealmaker: Gregor Harvie, Ryden
“The Glasgow industrial market has continued to perform well in 2019 despite the political uncertainty. There remains a shortage of stock across all sizes.
“A couple of positive prelet transactions have been announced with a few other larger deals currently in legals. The development pipeline is still limited, with a number of unsatisfied requirements still in the market.”
OFFICE
1st Floor, No 1 Leeds, 26 Whitehall Road, Leeds LS12 1BE
Size: 6,113 sq ft (568 sq m)
Date of deal: 15/09/2019
Rent: £143,656 pa, five-year lease
Lessor: Credit Suisse
Lessor’s agents: Cushman & Wakefield and Knight Frank
Lessee: CreativeRace
Lessee’s agent: Carter Towler
2nd Floor, 102 Hope Street, Glasgow G1 3RS
Size: 1,677 sq ft (156 sq m)
Date of deal: 02/10/2019
Rent: £22,000 pa, 10-year lease, five-year tenant break
Lessor: Standard Real Estate
Lessor’s agent: McIntyre Property Consultants
Lessee: 1010 Group
65 St Mary Street, Chippenham SN14 6NQ
Size: 3,057 sq ft (284 sq m)
Date of deal: 28/10/2019
Rent: £25,000 pa, five-year lease, break at year three
Lessor’s agent: Huw Thomas Commercial
Lessee: Batt Broadbent Solicitors
9 Kings Street, Sudbury CO10 2EB
Size: 416 sq ft (39 sq m)
Date of deal: 01/10/2019
Rent: £5,000 pa, five year lease
Lessor’s agent: Nicholas Percival
Lessee: Clare Counselling & Psychotherapy
Garages at rear of 3 Normandy Avenue, Barnet EN5 2HU
Size: 150 sq ft (14 sq m)
Date of deal: 02/10/2019
Price: £185,000
Vendor’s agent: Braiser Freeth
Vendor: Qi Investments Limited
Purchaser: Keenan Construction
Unit 7 Victory Park, Solent Business Park, Fareham PO15 7FN
Size: 3,223 sq ft (299 sq m)
Date of deal: 14/10/2019
Price: £565,000
Vendor’s agent: Vail Williams
Vendor: Norwood Properties (Solent)
Purchaser: Precision Creative & Media
INDUSTRIAL
6-8 Bessemer Drive, Kelvin Industrial Estate, East Kilbride G75 0QX
Size: 29,188 sq ft (2,712 sq m)
Date of deal: 24/09/2019
Price: £1,100,000
Vendor: P&C Partnership
Purchaser: Glen Applin of Scotland
Purchaser’s agent: Rosslyn Property
Unit 7, Kings Court, Prince Williams Avenue, Sandycroft CH5 2QZ
Size: 6,714 sq ft (624 sq m)
Date of deal: 17/10/2019
Rent: £32,500 pa, eight years and one month lease
Lessor’s agent: Legat Owen
Lessee: Best UK Deals
Unit 1, Park Gate, Church Lane, Drayton Bassett, Tamworth B78 2AH
Size: 6,482 sq ft (602 sq m)
Date of deal: 12/11/2019
Rent: £22,700 pa, two-year lease
Lessor’s agent: Fisher German
Lessee: The Motor Company (Birmingham)
Unit 15, Lomeshaye Industrial Estate, Kenyon Road, Nelson BB9 5SP
Size: 8,331 sq ft (774 sq m)
Date of deal: 01/11/2019
Rent: £35,000 pa, five-year lease
Lessor’s agent: White Acres
Lessee: Power Pipes
Unit 4, Woolmer Trading Estate, Bordon GU35 9QF
Size: 937 sq ft (87 sq m)
Date of deal: 14/11/2019
Rent: £11,500 pa, five-year lease
Lessor’s agent: Curchod & Co
Lessor: East Hampshire District Council
Lessee: Caravan Service & Repairs
Unit A2, Bishops Trade Park, Bishops Road, Lincoln LN2 4LB
Size: 4,617 sq ft (429 sq m)
Date of deal: 11/11/2019
Rent: £39,245 pa, 10-year lease, five-year rent review
Lessor’s agent: Banks Long & Co
Lessee: Screwfix Direct
RETAIL
62 Fort Street, Ayr KA7 1EH
Size: 767 sq ft (71 sq m)
Date of deal: 10/09/2019
Rent: £7,000 pa (years one and two ) £8,000 pa thereafter, five-year lease, two-year lease break, one month rent-free
Lessor: John Girvan & Sons
Lessor’s agent: Shepherd Commercial
Lessee: 1st Legal
Former McColls, Sacriston Lane, Durham DH7 6QU
Size: 1,284 sq ft (119 sq m)
Date of deal: 18/11/2019
Rent: £10,200 pa, five-year lease
Lessor: NK Property
Lessor’s agent: Sanderson Weatherall
Lessee: Durham Funeral Services
Shop 2, Stanhope House, High Street, Stanford-Le- Hope SS17 0HA
Size: 626 sq ft (58 sq m)
Date of deal: 01/09/2019
Rent: £8,750, five-year lease, one month rent-free
Lessor’s agent: HC Blake & Co
Lessee: Full of Beanz
Unit 1 Phase 1D, Parsonage Retail Park, Parsonage Way, Leigh WN7 5SJ
Size: 12,000 sq ft (1,114 sq m)
Date of deal: 23/09/2019
Rent: £180,000 pa, 10-year lease
Lessee’s agent: Mason Owen
Lessee: Food Warehouse
Lessor’s agent: Stockford Anderson
Lessor: Brookhouse Retail