National deals round-up

INDUSTRIAL Helix, Gateway 36, Kestrel Way, Barnsley S70 5SZ ■ Size: 75,277 sq ft (6,993 sq m) ■ Date of deal: 01/02/2018 ■ Rent: £376,385 pa, 15-year lease ■ Lessor: Harworth Group ■ Lessor’s agents: Gent Visick & Knight Frank ■ Lessee: Motor Depot . Unit 11, Hawick Crescent Industrial Estate, Newcastle NE6 1AS ■ Size: 2,303 sq ft (214 sq m) ■ Date of deal: 02/02/2018 ■ Rent: £13,825 pa, 10-year lease, five-year review ■ Lessor: Commercial Estates Group ■ Lessor’s agent: BNP Paribas ■ Lessee: Desserts Delivered . Unit 15, The Pines Trading Estate, Broad Street, Guildford GU3 3BH ■ Size: 8,253 sq ft (767 sq m) ■ Date of deal: 20/12/2017 ■ Rent: £85,000 pa, 10-year lease, 7.5 months rent free, upward-only rent review at year five ■ Lessor’s agent: Kingstons ■ Lessor: USS ■ Lessee’s agents: Wadham & Isherwood ■ Lessee: Maui Jim . Unit 2A, Greycaine Industrial Estate, Greycaine Road, Watford WD24 7GP ■ Size: 4,225 sq ft (393 sq m ) ■ Date of deal: 13/12/2017 ■ Rent: £30,000 pa, two-year lease ■ Lessor’s agent: Smiddy & Co ■ Lessor: Twinplast ■ Lessee: The Radlett Beer Company . Unit 2B, Shakespeare Industrial Estate, Shakespeare Street, Watford WD24 5HF ■ Size: 5,467 sq ft (508 sq m) ■ Date of deal: 08/01/2018 ■ Price: £700,000 ■ Vendor: Graycaine ■ Vendor’s agent: Smiddy & Co ■ Purchaser: General Electronics Services . Unit 3, Park Court, Park Lane Business Park, Kirkby in Ashfield NG17 9GW ■ Size: 2,527 sq ft (235 sq m) ■ Date of deal: 16/02/2018 ■ Rent: £14,600 pa, six-year lease, break after three years ■ Lessor’s agents: FHP Property Consultants ■ Lessor: Claremont Property Holdings ■ Lessee: Diamond Driver . OFFICE 2 George House, Beam Heath Way, Nantwich CW5 6GD ■ Size: 673 sq ft (63 sq m) ■ Date of deal: 21/02/2018 ■ Rent: £9,000 pa, three-year lease, break after two years ■ Lessor’s agent: Legat Owen ■ Lessor: Cheshire Accountants ■ Lessee: Everything Genetic . Ground Floor, Chancery House, Premier Way, Romsey SO51 9DQ ■ Size: 1,541 sq ft (143 sq m) ■ Date of deal: 01/02/2018 ■ Rent: £23,500 pa, three-year lease, one year mutual break ■ Lessor: DCL Consultancy Services ■ Lessor’s agent: Realest ■ Lessee: Scorpion Engineering Construction . Unit 1, Camboro Business Park, Oakington Road, Cambridge CB3 0QH ■ Size: 1,995 sq ft (185 sq m) ■ Date of deal: 29/12/2017 ■ Rent: £37,500 pa, 10-year lease, break after five years ■ Lessor’s agent: Cheffins ■ Lessor: R&J Developments ■ Lessee: Staffords . Unit 16 Wilkinson Business Park, Wrexham LL13 9AE ■ Size: 6,100 sq ft (567 sq m) ■ Date of deal: 02/02/2018 ■ Price: £380,000 ■ Vendor’s agents: Beresford Adams Commercial & Legat Owen ■ Purchaser: ASH Group UK ■ Vendor: Gladman Developments . Unit 5, Bracken Hill Business Park, Fern Court, Peterlee SR8 2RR ■ Size: 10,903 sq ft (1,013 sq m) ■ Date of deal: 01/02/2018 ■ Price: £360,000, NIY 14.03%, Rental Income £52,475 pa ■ Vendor: Capita Trust Company ■ Vendor’s agents: Cushman & Wakefield & Knight Frank ■ Purchaser: Wallace Property Investment (2017) . RETAIL 100A Raeburn Place, Edinburgh EH4 1HH ■ Size: 941 sq ft (87 sq m) ■ Date of deal: 21/02/2018 ■ Rent: £20,000 pa, 10-year lease ■ Lessor’s agent: Eric Young & Co ■ Lessee: Artisan Roast . 45 Bakers Lane, Three Spires Shopping Centre, Lichfield WS13 6JF ■ Size: 3,557 sq ft (330 sq m) ■ Date of deal: 15/02/2017 ■ Rent: £57,500 pa, 10- year lease ■ Lessor’s agents: Rowley Hughes Thompson and Cushman & Wakefield ■ Lessor: RPMI ■ Lessee: Barnardos . 5 Unicorn Way, The Kingdom Shopping Centre, Glenrothes KY7 5NW ■ Size: 639 sq ft (59 sq m) ■ Date of deal: 26/02/2018 ■ Rent: £11,600 pa, 10-year lease ■ Lessor: LaSalle Investment Management ■ Lessor’s agents: Cushman & Wakefield and Eric Young ■ Lessee: Abraxus Hair . 82 Promenade, Cheltenham GL50 1NB ■ Size: 3,825 sq ft (3,825 sq m) ■ Date of deal: 05/02/2018 ■ Price: £3,350,000, NIY 4.31%, Rental Income £153,750 pa ■ Vendor’s agent: Hartnell Taylor Cook ■ Purchaser: Alterity Investments ■ Purchaser’s agent: Green & Partners . Tower Court, Oakdale Road, York YO30 4WL ■ Size: 47,578 sq ft (4,420 sq m) ■ Date of deal: 01/02/2018 ■ Price: £6,130,000, 7.26% yield ■ Vendor: Trustees Of The Chatsworth Settlement ■ Vendor’s agent: Savills ■ Purchaser: Boultbee Brooks Real Estate ■ Purchaser’s agent: Aurum Real Estate EG’s Most Active Agent competition winners SURREY 1. Wadham & Isherwood 2. Hurst Warne 3. Owen Shipp 4. Curchod & Co 5. SHW Dealmaker: Alex Bellion, Owen Shipp “Over the past 12 months we have seen the strong interest in the Surrey commercial property market continue, with a lack of stock driving increased rents and a tightening of yields across all sectors. Industrial rents in Woking for example are edging ever-closer to £15 per sq ft with several large funds acquiring tenanted investments in the town at sub-6% yields. We predict that this strong occupier and investor appetite will continue throughout the rest of 2018. ■ To submit your deals please e-mail deals@egi.co.uk or tweet @egdeals