National deals round-up

EG’s Most Active Agent competition winners HAMPSHIRE 1. Lambert Smith Hampton 2. Primmer Olds BAS 3. Vail Williams 4. Flude Commercial 5. Goadsby Dealmaker: Elise Evans, Lambert Smith Hampton “Despite the Covid-19 pandemic, the south coast industrial and warehouse market is continuing to display encouraging levels of activity, with robust occupational demand from both manufacturing and logistics companies. 2020 got off to a promising start, with enquiry levels on the rise and a positive attitude among occupiers to take up new premises. Due to the continuing lack of stock, rents remained strong and incentives low. “Now, with the end of the year looming, we are seeing a flurry of activity where tenants are looking to secure premises before the Christmas break, to allow time to fit out and set up ready to hit the ground running in January 2021.” OFFICE 16 Portland Road, Notting Hill, London W11 4LA Size: 3,200 sq ft (297 sq m) Date of deal: 30/09/2020 Price: £3m Purchaser: Assure Purchaser’s agent: Frost Meadowcroft 8 Chestnut Avenue, Walderslade, Chatham ME5 9AJ Size: 620 sq ft (58 sq m) Date of deal: 05/11/2020 Rent: £13,000 pa, three-year lease Lessor: Peach Contractors Lessor’s agent: Harrisons Property Surveyors Lessee: JM Partnership (Surveyors) RETAIL 112 George Street, Altrincham WA14 1RF Size: 3,970 sq ft (369 sq m) Date of deal: 10/11/2020 Rent: £25,000 pa, 10-year lease, five-year break and rent review, six months rent free Lessor: Property Investment London Lessor’s agent: Regional Property Solutions Lessee: Beards & Brows 99 High Street, North Berwick EH39 4HD Size: 949 sq ft (88 sq m) Date of deal: 04/11/2020 Rent: £26,500 pa, 10-year lease Lessor’s agent: Culverwell Lessee: Joules Unit 9a, Gripoly Mills Retail Park CF11 8AA Size: 2,946 sq ft (274 sq m) Date of deal: 01/10/2020 Rent: £20,000 pa, seven-year lease Lessor’s agent: Fletcher Morgan Lessee: Avantgarde Kitchens INDUSTRIAL 4 Mallow Park, Watchmead AL7 1GX Size: 4,562 sq ft (424 sq m) Date of deal: 13/10/2020 Price: £775,000 Vendor: Comelit Vendor’s agent: Brasier Freeth Purchaser: Parrot Print Unit C2 Centre 38, Barton Business Park, Barton-under-Needwood DE13 8ES Size: 30,638 sq ft (2,846 sq m) Date of deal: 06/11/2020 Rent: £190,000 pa, 11-year lease Lessor: Canal and River Trust Lessor’s agent: Lambert Smith Hampton Lessee: Onpoint Logistics Prestonfield Park Industrial Estate, Kings Haugh, Edinburgh EH16 5UY Size: 99,835 sq ft (9,275 sq m) Date of deal: 03/11/2020 Price:  £14.45m, 4.96% yield Vendor: Aviva Investors Vendor’s agent: JLL Purchaser: Ribston Purchaser’s agent: Ryden Unit 8a, Newmarket Business Park, St Leger Drive, Newmarket CB8 7DT Size: 12,809 sq ft (1,190 sq m) Date of deal: 15/10/2020 Rent: £175,000 pa, six-year lease Lessor: Mayfair Capital Lessor’s agent: Cheffins Lessee: Mr Fothergill’s Seeds Lessee’s agent: Brown & Co 27 Lockwood Way, Beeston, Leeds LS11 5TH Size: 8,421 sq ft (782 sq m) Date of deal: 06/11/2020 Rent: £20,000 pa, five-year lease Lessor: Trustees of the Hughes TV and Audio Pension and Life Assurance Scheme Lessor’s agent: Lambert Smith Hampton Lessee: Call Boy Click here to view all of the latest deals and agent rankings. To submit your deals, please e-mail deals@egi.co.uk