National deals round-up

INDUSTRIAL Unit 6, Swaffield Park, Hyssop Close, Cannock WS11 7FU ■ Size: 5,950 sq ft (553 sq m) ■ Date of deal: 14/09/2017 ■ Rent: £28,250 pa, six-year lease ■ Lessor’s agent: Andrew Dixon & Co ■ Lessor: KGL Estates ■ Lessee: B Global Services   Units 18 & 19, Britonwood Trading Estate, Hornhouse Lane, Kirkby L33 7YN ■ Size: 20,393 sq ft (1,895 sq m) ■ Date of deal: 01/08/2017 ■ Rent: £60,006 pa, five-year lease, six months rent free ■ Lessor’s agents: Littler & Associates; B8 Real Estate ■ Lessee: Gwn Solutions ■ Lessor: Titania (Jersey) OFFICE Ground Floor, Lighthouse Court, Waterfront Avenue, Edinburgh EH5 1JD ■ Size: 987 sq ft (92 sq m) ■ Date of deal: 15/08/2017 ■ Rent: £10,200 pa, five-year lease, three months rent free ■ Lessor: Places for People ■ Lessor’s agent: Cuthbert White ■ Lessee: JB Contracts (Scotland)   Trinity House, Buckingway Business Park, Cambridge CB24 4UQ ■ Size: 4,082 sq ft (379 sq m) ■ Date of deal: 08/09/2017 ■ Price: £550,000 ■ Purchaser: Alacer Software ■ Vendor’s agent: Barker Storey Matthews   Unit 6, Metro Riverside Park, Riverside Way, Gateshead NE11 9DJ ■ Size: 2,216 sq ft (206 sq m) ■ Date of deal: 27/09/2017 ■ Rent: £25,200 pa, five-year lease ■ Lessor: Latate ■ Lessor’s agents: BNP Paribas Real Estate & Knight Frank ■ Lessee: Stannah Lift Services ■ Lessee’s agent: Keningtons   KAO One, London Road, Harlow CM17 0DE ■ Size: 126,514 sq ft (11,753 sq m) ■ Date of deal: 01/09/2017 ■ Price: £28,390,000, rental income £1,667,050 pa ■ Purchaser’s agent: Lewis Ellis ■ Purchaser: Capital Trust ■ Lessees: Arrow Electronics and Raytheon Systems   14 Queen Square, Bath BA1 2HN ■ Size: 1,020 sq ft (95 sq m) ■ Date of deal: 29/09/2017 ■ Rent: £21,500 pa, five-year lease ■ Lessor’s agent: Derek Walker Chartered Surveyors ■ Lessee: Begbies Traynor   4 Hockley Court, 2401 Stratford Road, Solihull B94 6NW ■ Size: 3,740 sq ft (374 sq m) ■ Date of deal: 10/10/2017 ■ Rent: £57,970 pa, 10-year lease ■ Lessor’s agent: KWB ■ Lessee: Continental UK RETAIL Unit 2, Cathedral Quarter, Cathedral Square, Blackburn BB1 1FB ■ Size: 3,112 sq ft (289 sq m) ■ Date of deal: 25/09/2017 ■ Rent: £45,000 pa, 10-year lease ■ Lessor’s agent: Bradys; Cushman & Wakefield ■ Lessor: Blackburn with Darwen Borough Council ■ Lessee’s agent: Morgan Martin ■ Lessee: Amano   1232 Shettleston Road, Glasgow G32 7PG ■ Size: 316 sq ft (29 sq m) ■ Date of deal: 15/09/2017 ■ Rent: £4,500 pa, five-year lease ■ Lessor: Tenon Pension Trustees ■ Lessor’s agent: Gerald Eve ■ Lessee: Diamond Nails   166-167 High Street, Ryde PO33 2HW ■ Size: 3,336 sq ft (310 sq m) ■ Date of deal: 28/09/2017 ■ Rent: £40,000 pax, 10-year lease, nine months rent free, tenant break and rent review at year five ■ Lessor’s agents: Scotcher & Co; Smith Price ■ Lessee: Mountain Warehouse   Swinegate Courts, Swinegate, York YO1 8AZ ■ Size: 45,500 sq ft (4,227 sq m) ■ Date of deal: 10/10/2017 ■ Price: £12,100,000, yield 6.7%, rental income £813,000 ■ Vendor: Royal London Asset Management ■ Vendor’s agent: Green & Partners ■ Purchaser: City Of York Council   22-23 Y Maes, Caernarfon LL55 2NA ■ Size: 4,000 sq ft (372 sq m) ■ Date of deal: 01/09/2017 ■ Price: £365,000 ■ Purchaser: Gisda ■ Vendor: Parkfield Securities ■ Vendor’s agent: St Davids Commercial   274 High Street, Orpington BR6 0NB ■ Size: 693 sq ft (64 sq m) ■ Date of deal: 18/09/2017 ■ Rent: £23,000 pa, 20-year lease, three months rent free, break at year 10 ■ Lessor’s agent: Linays Commercial ■ Lessee: Subway   423 Beechdale Road, Nottingham NG8 3LF ■ Size: 376 sq ft (35 sq m) ■ Date of deal: 28/09/2017 ■ Price: £70,000 ■ Vendor: Isa Lea 1991 Pension Scheme ■ Vendor’s agent: FHP Property Consultants ■ Purchaser: Telecoms Rentals (UK)   72 Sutton Road, Southend on Sea SS2 5EW ■ Size: 450 sq ft (42 sq m) ■ Date of deal: 04/08/2017 ■ Rent: £5,500 pa, five-year lease ■ Lessor’s agent: Ayers & Cruiks ■ Lessee: Vapeology EG’s Most Active Agent competition winners SOMERSET 1. Greenslade Taylor Hunt 2. Alder King 3. Savills 4. Carter Jonas 5. Hartnell Taylor Cook Dealmaker: Duncan Brown, Greenslade Taylor Hunt “The Somerset commercial property market remains strong for freeholds generally and while the leasehold office sector remains more challenging, we continue to do deals in the industrial and retail sectors. Occupiers are cautious and keen to get the best deal. However, Brexit has not cooled demand, as businesses continue to want to trade and expand.” To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals