The pick of the deals from around the country
INDUSTRIAL
Gelderd Cross, Gelderd Road, Leeds LS12 6HJ
- Size: 65,000 sq ft (6,039 sq m)
- Date of deal: 16/12/2019
- Rent: £325,000 pa, 10-year lease
- Lessor: Towngate
- Lessor’s agents: Carter Towler and Eddisons
- Lessee: Harrison Bathrooms
Unit 1, 18 Metcalfe Road, Middlesbrough TS6 6PT
The pick of the deals from around the country
INDUSTRIAL
Gelderd Cross, Gelderd Road, Leeds LS12 6HJ
Size: 65,000 sq ft (6,039 sq m)
Date of deal: 16/12/2019
Rent: £325,000 pa, 10-year lease
Lessor: Towngate
Lessor’s agents: Carter Towler and Eddisons
Lessee: Harrison Bathrooms
Unit 1, 18 Metcalfe Road, Middlesbrough TS6 6PT
Size: 1,700 sq ft (158 sq m)
Date of deal: 12/12/2019
Rent: £9,000 pa, 10-year lease
Lessor’s agent: Sanderson Weatherall
Lessee: EMW Trade
Unit 10, Farrier Road, Lincoln LN6 3RU
Size: 2,098 sq ft (195 sq m)
Date of deal: 16/12/2019
Rent: £10,500 pa, six-year lease, break and rent review at year three
Lessor’s agent: Banks Long & Co
Lessee: Cartivel HVC
Unit 12, Fiddlebridge Industrial Estate, Hatfield AL10 0DE
Size: 412 sq ft (38 sq m)
Date of deal: 17/12/2019
Rent: £7,500 pa, three-year lease
Lessor’s agent: Brasier Freeth
Lessee: Joinery Specialists (UK)
Unit 15, Halesowen Industrial Park, Chancel Way, Halesowen B62 8SE
Size: 12,572 sq ft (1,168 sq m)
Date of deal: 13/12/2019
Rent: £63,000 pa, 10-year lease, tenant-only break, upward-only rent review at year five
Lessor: LTA Gallop
Lessor’s agent: Fisher German
Lessee: CP Hire (GB)
Unit 8, Kings Court, Prince William Avenue, Sandycroft CH5 2QZ
Size: 4,732 sq ft (440 sq m)
Date of deal: 16/12/2019
Rent: £30,000 pa, 10-year lease, break and review at year five
Lessor: Hollingsworth Bros
Lessor’s agent: Legat Owen
Lessee: Haus Interiors
OFFICE
1a Esperanto Way, Newport NP19 0RD
Size: 3,151 sq ft (293 sq m)
Date of deal: 01/12/2019
Rent: £20,000 pa, three-year lease
Lessor’s agent: NP Linnels
Lessee: Motahub
1st Floor, 5c Parkway, Porter Wood, St Albans AL3 6PA
Size: 748 sq ft (69 sq m)
Date of deal: 21/12/2019
Rent: £11,963 pa, five-year lease, break at third year, one‑month rent-free period
Lessor: Pexhurst Property
Lessor’s agent: Aitchison Raffety
Lessee: Your Favourite Teacher
1st Floor, T5 Dudley Court North, The Waterfront, Brierley Hill DY5 1XP
Size: 1,632 sq ft (152 sq m)
Date of deal: 29/11/2019
Rent: £6,500 pa (year 1), £7,500 pa (year 2), £8,500 pa (year 3), £10,000 pa (years 4-7), seven-year lease, tenant-only break at year five, one month rent free
Lessor: The Clancy Group
Lessor’s agent: Fisher German
Lessee: Wem Tech Solutions
3rd Floor, 14 Mitchell Lane, Glasgow G1 3NU
Size: 3,683 sq ft (342 sq m)
Date of deal: 15/09/2019
Price: £257,810
Vendor: John Macintyre & Son
Vendor’s agent: McNicol Property Consultants
Purchaser: Interactive Group
Sir Ian Wood House, City Park, Hareness Road, Aberdeen AB12 3LE
Size: 216,000 sq ft (20,067 sq m)
Date of deal: 16/12/2019
Price: £80m, 7% yield
Vendor: HFD Property
Vendor’s agent: Avison Young
Purchaser: LCN Capital Partners
Purchaser’s agent: Cushman & Wakefield
Unit 2.3, Waulk Mill, Bengal Street, Manchester M4 6LN
Size: 1,311 sq ft (122 sq m)
Date of deal: 01/12/2019
Rent: £27,531 pa, five-year lease, three-year break
Lessor: Urban Splash
Lessor’s agents: Canning O’Neill and Daniel Harris & Co
Lessee: Primary Eye Care
RETAIL
130 High Street, Falkirk FK1 1NR
Size: 4,359 sq ft (405 sq m)
Date of deal: 30/12/2019
Rent: £32,500 pa, 10-year lease
Lessor: Regional REIT
Lessor’s agents: Cushman & Wakefield and Lambert Innes
Lessee: Specsavers
135 High Street, Oxford OX1 4DN
Size: 1,166 sq ft (108 sq m)
Date of deal: 16/12/2019
Rent: £70,000 pa, 10-year lease, rent review at fifth year
Lessor’s agent: DMA
Lessee: Ace & Tate
60-62 George Street, Altrincham WA14 1RF
Size: 2,114 sq ft (196 sq m)
Date of deal: 13/12/2019
Price: £650,000, 7.61% yield
Vendor: Lunar Altrincham
Vendor’s agents: Barker Proudlove and HRH Retail
Purchaser’s agent: Zameero Real Estate
71 Newmarket Street, Ayr KA7 1LL
Size: 592 sq ft (55 sq m)
Date of deal: 29/11/2019
Rent: £6,500 pa (year 1), £7,000 pa (year 2), £8,000 pa (year 3), three-year lease, lease break after two years, one month rent free
Lessor’s agent: Shepherd Commercial
Lessee: White House Weddings & Events
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