National deals round-up

INDUSTRIAL 1a Pembroke Avenue, Waterbeach CB25 9QP ■ Size: 2,685 sq ft (249 sq m) ■ Date of deal: 15/07/2017 ■ Rent: £18,000 pa, 10-year lease, review at year five, six months rent-free ■ Lessor’s agent: Robinson Layer ■ Lessee: Create Signs Building 4, Ossington Road, Carlton-on-Trent NG23 6NT ■ Size: 71,042 sq ft (6,600 sq m) ■ Date of deal: 14/07/2017 ■ Rent: £225,000 pa, five-year lease, break at years two and three, three months rent free if breaks are not exercised ■ Lessor: JS Dakin & Co ■ Lessor’s agent: FHP Property Consultants ■ Lessee: Kuehne + Nagel Drinkflow Logistics Former Defra Buffer Depot, Melbourne Place, Thirsk YO7 1QY ■ Size: 11,284 sq ft (1,048 sq m) ■ Date of deal: 10/08/2017 ■ Rent: £12,000 pa, five-year lease ■ Lessor: Blue Oak Homes (Yorkshire) ■ Lessor’s agent: Ryden ■ Lessee: Millgate Pine & Antiques Unit 11, Trench Lock 3 Industrial Estate, Sommerfield Road, Telford TF1 5ST ■ Size: 1,891 sq ft (176 sq m) ■ Date of deal: 04/07/2017 ■ Rent: £9,470 pa, three-years ■ Lessor’s agent: Wiggins Lockett Thompson ■ Lessor: Trench Lock Telford ■ Lessee: Direct Vacuum Unit 11, White Horse Business Park, Sandown Centre, Trowbridge BA14 0XD ■ Size: 4,192 sq ft (389 sq m) ■ Date of deal: 15/07/2017 ■ Rent: £21,000 pa, six-year lease, break at year three, one month rent free ■ Lessor’s agent: Kavanaghs ■ Lessee: Audience Upholstery Unit 2, Guinness Industrial Estate, Guinness Road, Manchester M17 1SD ■ Size: 2,956 sq ft (275 sq m) ■ Date of deal: 15/07/2017 ■ Rent: £19,200 pa, five-year lease, break after three years ■ Lessor: Heref Trafford Park Property Unit Trust ■ Lessor’s agents: JLL and B8 Real Estate ■ Lessee: 3D Access Solutions OFFICE 1st, 2nd and part 3rd Floor, Matrix Beta, Southern Boulevard, Siemens Way, Swansea SA6 8RE ■ Size: 28,500 sq ft (2,648 sq m) ■ Date of deal: 11/08/2017 ■ Rent: £270,750 pa, 12-year lease ■ Lessor: Jarrington Properties ■ Lessor’s agent: Knight Frank ■ Lessee: Health Wales and NHS Shared Services 2nd Floor, Tollbar House, Tollbar Way, Southampton SO30 2ZP ■ Size: 12,279 sq ft (1,141 sq m) ■ Date of deal: 01/08/2017 ■ Rent: £153,883 pa, 10-year lease, 15 months rent-free, tenant-only break and rent review at year five ■ Lessor: Horatio Properties ■ Lessor’s agent: Hughes Ellard ■ Lessee: Jewson 31 Winchester Avenue, Denny FK6 6QE ■ Size: 2,088 sq ft (194 sq m) ■ Date of deal: 10/08/2017 ■ Price: £115,000 ■ Vendor: Endeavour House ■ Vendor’s agent: Graham & Sibbald ■ Purchaser: Concrete Repairs No. 2 St James Gate, Newcastle upon Tyne NE1 4AD ■ Size: 82,500 sq ft (7,664 sq m) ■ Date of deal: 07/08/2017 ■ Price: £20m, 8.8% yield ■ Vendor: SM Newcastle ■ Vendor’s agents: Sanderson Weatherall, Steerforth Partners ■ Purchaser: Palace Capital ■ Purchaer’s agent: Knight Frank The Bridge, Bridge Street, Hemel Hempstead HP1 1EG ■ Size: 13,500 sq ft (1,254 sq m) ■ Date of deal: 01/08/2017 ■ Price: £5.2m ■ Vendor’s agent: Brasier Freeth ■ Purchaser: Itzchok Meyer Cymerman Trust RETAIL 15 Duke Street, Brighton BN1 1AH ■ Size: 641 sq ft (60 sq m) ■ Date of deal: 15/06/2017 ■ Rent: £42,000 pa, 15-year lease, three months rent-free, rent review at years five and 10 ■ Lessor’s agent: Carr & Priddle ■ Lessee: Be Chocolat 3 Bridge Street, Church Square Shopping Centre, St Helens WA10 1AR ■ Size: 852 sq ft (79 sq m) ■ Date of deal: 03/05/2017 ■ Rent: £20,000 pa, 20-year lease, rent review every five years ■ Lessor: St Helens Metropolitan Borough Council ■ Lessor’s agents: Metis Real Estate and Lunson Mitchenall ■ Lessee: William Hill 46 Boyd Street, Largs KA30 8LE ■ Size: 793 sq ft (74 sq m) ■ Date of deal: 01/08/2017 ■ Rent: £10,000 pa, 10-year lease, break at year five, two months rent-free ■ Lessor: Firm of HK ■ Lessor’s agent: TSA Property Consultants ■ Lessee: Vicki Fiddes Podiatry 51 High Street, Biggleswade SG18 0JH ■ Size: 1,833 sq ft (170 sq m) ■ Date of deal: 01/07/2017 ■ Rent: £20,000 pa, 12-year lease, six months rent-free, break at year three ■ Lessor’s agent: Cliftons ■ Lessee: Bedford Daycare Hospice 60-60a Sandbach Road South, Stoke-on-Trent ST7 2LP ■ Size: 2,293 sq ft (213 sq m) ■ Date of deal: 01/08/2017 ■ Rent: £32,000 pa, 10-year lease ■ Lessor: Buzz Communications ■ Lessor’s agent: Regional Property Solutions and Legat Owen ■ Lessee: Costa Coffee ■ Lessee’s agent: Emanuel Oliver EG’s Most Active Agent competition winners Oxfordshire 1. VSL And Partners 2. Carter Jonas 3. Lambert Smith Hampton 4. Parker Parr 5. Brown & Co, Savills (joint) Dealmaker – Tom Barton, VSL And Partners “Oxfordshire is experiencing an exciting growth period in the technology market at the moment. This is being driven by the emergence of a secure and substantial funding base for the Oxford University spin-out companies which is driving demand for city centre offices and ring road industrial units. As a result, rents and lettings are moving forwards apace which has already led to take-up in 2017 (as at July) surpassing 2016 levels. VSL has been heavily involved in the transactions during this period with representation in around 40% of deals.” To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals