National deals round-up

Top contributors in the North West industrial market (lettings and occupational sales) 01/01/24 to 23/09/24. Contributor Space transacted (sq ft) JLL 682,867 Knight Frank 508,961 Colliers 130,395 Hitchcock Wright & Partners 69,339 Duxburys Commercial (Blackpool) 38,131 Gerald Eve 37,585 Avison Young 26,168 Fletcher CRE 22,968 BE GROUP 18,165 B8RE 12,242 This table is based on deals contributed to EG Radius as of 23 September 2024. For even more up-to-date figures across all regions and sectors plus the latest deals, view the EG Radius On-Demand Rankings. INDUSTRIAL Unit 4, Mauretania Road, Nursling Industrial Estate, Nursling SO16 0YS (pictured) Size: 18,078 sq ft (1,679 sq m) Date of deal: 17/09/2024 Rent: £152,000 pa, seven-year lease Lessor: CBRE Global Investors Lessor’s agent: Lambert Smith Hampton Lessee: M&W Mack 1-3 Beaufort Road, Birkenhead CH41 1HQ Size: 108,145 sq ft (10,047 sq m) Date of deal: 01/09/2024 Price: £1,400,000 Vendor: Survitec Group Vendor’s agent: Legat Owen Purchaser: West Wallasey Fleet Hire Services Unit 1C, Park Lane Industrial Estate, Handsworth, Birmingham B21 8LE Size: 2,320 sq ft (216 sq m) Date of deal: 01/09/2024 Rent: £17,000 pa, three-year lease Lessor’s agent: Siddall Jones Lessee: Spare Wheel City Unit 3C, M8 Interlink Industrial Estate, Kirkshaws Road, Coatbridge ML5 4RP Size: 5,810 sq ft (539 sq m) Date of deal: 30/08/2024 Rent: £49,385 pa, 10-year lease Lessor: NW MLI Group Lessor’s agent: JLL Lessee: Electrical Network Units 1-3, Portrack Grange Road, Portrack Industrial Estate, Stockton TS18 2PH Size: 20,000 sq ft (1,858 sq m) Date of deal: 15/08/2024 Price: £2,016,000, 7.0% net initial yield Vendor: JCAM Property Purchaser: Cornvalley Estates Purchaser’s agent: MK2 Real Estate OFFICE 1 Palace Yard Mews, Bath BA1 2NH Size: 1,200 sq ft (111 sq m) Date of deal: 01/08/2024 Rent: £25,000 pa, 10-year lease, break in years three and six, review in year five, three-months rent free Lessor’s agent: Derek Walker Chartered Surveyors Lessee: Barre Fitness Studio Ground and First Floors, Network Point, Range Road, Witney OX29 0YN Size: 2,088 sq ft (194 sq m) Date of deal: 16/08/2024 Rent: £40,000 pa, five-year lease Lessor’s agent: Carter Jonas Lessee: Ardonagh Group Ground Floor, 22 Calvin Street, Spitalfields, London E1 6HF Size: 1,155 sq ft (107 sq m) Date of deal: 21/08/2024 Rent: £45,000 pa, 10-year lease Lessor’s agent: Strettons Lessee: Michael Gallie & Partners RETAIL Ground and Basement Floors, No.1 Angel, 1 Islington High Street, London N1 9LQ Size: 3,768 sq ft (350 sq m) Date of deal: 21/08/2024 Rent: £192,500 pa, 15-year lease Lessor’s agent: Susskind Lessee: Zeit Fur Brot Unit 1, 8 Macaulay Street, Huddersfield HD1 2JY Size: 557 sq ft (52 sq m) Date of deal: 30/08/2024 Rent: £10,000 pa, three-year lease Lessor: Storey Group Lessor’s agent: Carter Towler Unit 46, Ortongate Shopping Centre, Peterborough PE2 5TD Size: 780 sq ft (72 sq m) Date of deal: 12/08/2024 Rent: £12,500 pa, six-year lease Lessor: ALB Group Lessor’s agent: FHP Property Consultants Lessee: Huyton Nails To feature in the EG Radius On-Demand Rankings, please call 0845 308 8811 Photo © Lambert Smith Hampton