National deals round-up

INDUSTRIAL Unit E3, West Point Industrial Estate, Penarth Road, Cardiff CF11 8JQ Size: 1,524 sq ft (142 sq m) Date of deal: 28/03/2017 Rent: £13,000 pa, five-year lease Lessor’s agents: Fletcher Morgan Chartered Surveyors, GVA Lessor: Crupron Construction Lessee: Absolute Catering Supplies Unit 1 Cowley Road, Crewe CW1 6AE Size: 5,000 sq ft (465 sq m) Date of deal: 01/04/2017 Rent: £30,000 pa, 10-year lease, tenant-only break at year six, rent review at year five Lessor’s agent: Legat Owen Lessor: Whinmoor Estate Lessee: The Parts Alliance Unit 14 Follingsby Park, White Rose Way, Gateshead NE10 8YF Size: 37,945 sq ft (3,525 sq m) Date of deal: 01/03/2017 Rent: £192,500 pa, 10-year lease Lessor: Legal & General UK Property Trust Lessor’s agents: Cushman & Wakefield and HTA Real Estate Lessee: Panther Logistics 60 Dudley Road East, Oldbury B69 3HL Size: 31,393 sq ft (2,916 sq m) Date of deal: 28/03/2017 Rent: £85,000-pa, three years, three-month rent-free Lessor’s agent: Fisher German Lessor: TP Properties (Midlands) Lessee: Polydrain Civils OFFICE 2nd Floor, Bramble House, Wickham Road, Fareham PO16 7JH Size: 769 sq ft (71 sq m) Date of deal: 24/02/2017 Rent: £9,250 pa, one month rent-free, break at year three Lessor’s agent: Hughes Ellard Lessee: TAW Accounting Services The Enterprise Centre, Alton Road, Farnham GU10 5EH Size: 18,018 sq ft (1,674 sq m) Date of deal: 24/03/2017 Price: £2,410,000, 7.54% yield Vendor’s agent: Wadham and Isherwood Purchaser: Waverley Borough Council Purchaser’s agent: Vail Williams 17 Claremont Crescent, Edinburgh EH7 4HX Size: 2,242 sq ft (208 sq m) Date of deal: 01/03/2017 Rent: £30,000 pa, five-year lease Lessor: RJ O’Donnell Lessor’s agent: Ryden Lessee: ERCC Scotland Lessee’s agent: Taylor Property Services 3rd Floor, 24 Bennetts Hill, Birmingham B2 5QP Size: 980 sq ft (91 sq m) Date of deal: 25/03/2017 Rent: £12,250 pa, five-year lease Lessor’s agent: Bond Wolfe Lessor: Real Estate Investors Lessee: Singh & Jones RETAIL 3 Wedgwood Road, Bicester OX26 4UL Size: 3,435 sq ft (319 sq m) Date of deal: 20/03/2017 Rent: £27.50 psf, five-year lease, tenant break at year three Lessor’s agent: VSL and Partners Lessor: John Nicholls Trading Lessee: Eurocell Building Plastics Unit 8, Southgate Retail Park, Normanton Road, Derby DE23 6UQ Size: 3,538 sq ft (329 sq m) Date of deal: 01/04/2017 Rent: £40,000 pa, 10-year lease Lessor: Real Estates Investors Lessee: Mencap 40-42 High Street, King’s Lynn PE30 1BJ Size: 41,910 sq ft (3,894 sq m) Date of deal: 01/03/2017 Price: £6,150,000, net initial yield 4.65%, rental income £305,000 pa Vendor’s agent: Franck-Steier Price Purchaser’s agent: JLL Purchaser: Kames Capital 76 East Street, Bedminster, Bristol BS3 4EY Size: 1,451 sq ft (135 sq m) Date of deal: 28/02/2017 Rent: £19,000 pa, six-year lease, break at year three, one month rent-free Lessor’s agent: Hootons Commercial Lessor: Wood Family Partnership Lessee: Barracuda Vape 71 Morrison Street, Edinburgh EH3 8BU Size: 4,400 sq ft (409 sq m) Date: 03/04/2017 Rent: £75,000 pa, 10-year lease, five-yearly rent review Lessor: Lloyds Bank Lessor’s agent: CBRE Lessee: Cycle Republic Lessee’s agent: Wright Buchanan 371-373 Ecclesall Road, Sheffield S11 8PF Size: 1,829 sq ft (170 sq m) Date of deal: 01/04/2017 Rent: £44,000 pa, 8.5-year lease Assignor: Rhubarb & Mustard Assignor’s agent: Crosthwaite Commercial Assignee: Domino’s Pizza 190 High Street, Epping CM16 4AQ Size: 878 sq ft (82 sqm) Date of deal: 16/03/2017 Rent: £27,000 pa, 15-year lease, five-yearly rent reviews and four months rent-free Lessor’s agent: Mullucks Wells & Associates Lessee: Hob Salons EG’s Most Active Agent competition winners Northamptonshire 1. Prop-search.com 2. Underwoods 3. Budworth Hardcastle 4. Lambert Smith Hampton 5. Drake Commercial Dealmaker – Samantha Jones, Prop-search.com “I am thrilled to have again won this award – it is great to see all my hard work receive such prestigious external recognition.  It has been an incredibly busy 12 months and considering the limited supply of property to the market, a real boost to have been able to achieve so many sales and letting for clients, leading to being named this year’s Dealmaker for Northamptonshire.” To submit your deals please e-mail deals@egi.co.uk or tweet @egideals