National deals round-up

EG’s Most Active Agent competition winners LEICESTERSHIRE Innes England Wells McFarlane Mather Jamie FHP Property Consultants NG Chartered Surveyors Dealmaker: Jason Hercock, Wells McFarlane “I’m delighted to have won this award for the second year. This privilege would not be possible without local entrepreneurs and the business community within Leicestershire, who continue to innovate and invest within the region. “Office and industrial occupiers have continued to be most active in their efforts to capitalise on emerging opportunities. Despite the unprecedented circumstances we all currently face, I’m confident that the resilience of many local business will shine through once normality returns.” INDUSTRIAL M61, Glenmore Business Park, Portfield, Chichester PO19 7UW Size: 2,013 sq ft (187 sq m) Date of deal: 31/12/19 Rent: £17,000 pa, five-year lease Lessor: Glenmore Holdings Lessor’s agent: Lambert Smith Hampton Lessee: Quantum Electrical Distribution (Gatwick) Unit 5, Tradebase, The Street, Great Yarmouth NR26 5AA Size: 2,397 sq ft (223 sq m) Date of deal: 31/01/2020 Rent: £14,400 pa, six-year lease Lessor’s agent: East Commercial Lessee: LH Motorcycles Yard, Nobel Road, Dundee DD2 4UH Size: 0.3 acres (0.12 hectares) Date of deal: 20/02/2020 Rent: £6,500 pa, five-year lease Lessor’s agent: Westport Property Lessee: Air Products OFFICE 1st Floor, 2 Queen’s Parade, Bath BA1 2NJ Size: 645 sq ft (60 sq m) Date of deal: 01/01/2020 Rent: £14,000 pa, three-year lease, annual breaks, one month rent free Lessor’s agent: Derek Walker Chartered Surveyors Lessee: Donald Insall Associates 3rd Floor, 180 West George Street, Glasgow G2 2NR Size: 7,844 sq ft (729 sq m) Date of deal: 20/03/2020 Rent: £200,000 pa, 10-year lease Lessor: Picton Property Income Lessor’s agent: Ryden 4th Floor, Metro Building, Exchange Quay, Salford M5 3NN Size: 17,700 sq ft (1,644 sq m) Date of deal: 20/03/2020 Rent: £400,000 pa, 10-year lease Lessor: Picton Capital Lessor’s agents: CBRE and Savills Lessee: HM Government 7 Centre Court, Vine Lane, Halesowen B63 3EB Size: 458 sq ft (43 sq m) Date of deal: 23/03/2020 Rent: £6,000 pa, three-year lease Lessor’s agent: Fisher German Lessee: Starkey Electrical Ground Floor, The Gatehouse, Melrose Hall, St Mellons, Cardiff CF3 0EG Size: 1,135 sq ft (105 sq m) Date of deal: 01/03/2020 Rent: £12,000 pa, 2.5-year lease Lessor: Venuebase Lessor’s agent: NP Linnells Lessee: Matthews Estate Agents Unit 3, Prospect Business Centre, Gemini Crescent, Dundee DD2 1TY Size: 298 sq ft (28 sq m) Date of deal: 10/03/2020 Rent: £3,875 pa, five-year lease Lessor’s agent: Westport Property Lessee: Bauer Renewables West Wing, Newhall, Newhall Way, Braford BD5 8FF Size: 942 sq ft (88 sq m) Date of deal: 24/02/2020 Rent: £31,125 pa, 10-year lease Lessor: Frank Marshall Estates Lessor’s agents: Eddisons and Walker Singleton Lessee: Newsquest Zeta, Cobalt Business Park, Cobalt Park Way, Wallsend NE28 9EJ Size: 126,000 sq ft (11,706 sq m) Date of deal: 01/03/2020 Price: £25m Vendors: Moorfield Group and Highbridge Properties Vendor’s agent: ACRE Capital Real Estate Purchaser: LCN Euro Property Holdings Purchaser’s agent: Avison Young Commercial Real Estate RETAIL 10 Notting Hill Gate, London W11 3JE Size: 1,346 sq ft (125 sq m) Date of deal: 18/03/2020 Rent: £52,500 pa, 15-year lease, rent review at every fifth year, three months rent free Lessor’s agent: DMA Lessee: Gourmet House 245 High Street, Hounslow TW3 1EA Size: 2,327 sq ft (216 sq m) Date of deal: 31/01/2020 Rent: £65,000 pa, 20-year lease, break at 10th year Lessor’s agent: Fawcett Mead Lessee: BNH Outsourcing 99 Fishergate, Preston PR1 2AE Size: 5,422 sq ft (504 sq m) Date of deal: 01/02/2020 Price: £1,220,000, 6.25% yield Vendor: Stewart & Wight Vendor’s agent: Fawcett Mead LEISURE 7a Petersham Road, Surrey TW9 1AD Size: 1,100 sq ft (102 sq m) Date of deal: 31/12/2019 Price: £685,000, 5.85% net yield Vendor: Trinder Property Investments Vendor’s agent: Michael Rogers Purchaser: Bhalla Zucker Partnership Purchaser’s agent: Davis Coffer Lyons To submit your deals, please e-mail deals@egi.co.uk