EG’s Most Active Agent competition winners
South Wales
1. EJ Hales
EG’s Most Active Agent competition winners
South Wales
1. EJ Hales
2. Cooke & Arkwright
3. Lambert Smith Hampton
4. Jenkins Best
5. Knight Frank
Dealmakers: Henry Best/Anthony Jenkins, Jenkins Best
“South Wales is still experiencing a lack of immediate supply for good quality and well located industrial, distribution and office space.
“Occupiers looking to relocate or move to new premises in the region are increasingly frustrated with the lack options available for them to consider. Rental growth and hardening of incentives offered to occupiers have been evident in these sectors. New development and refurbishment of existing stock is needed to move the market forward.”
INDUSTRIAL
Unit 11, Glenmore Business Centre, Range Road, Witney OX29 0AA
Size: 1,095 sq ft (102 sq m)
Date of deal: 09/10/2018
Price: £155,000
Vendor’s agent: Carter Jonas
Purchaser: The Cabling Company
Unit 11D/E Eurolink Business Park, Cremers Road, Sittingbourne ME10 3HB
Size: 9,981 sq ft (919 sq m)
Date of deal: 08/10/2018
Rent: £65,000 pax, 10-year lease, tenant-only break and upward-only rent review at year five
Lessor’s agent: Watson Day Chartered Surveyors
Lessor: Highway Care
Lessee: FM Steel Services
Unit 4, Lynx Trading Estate, Gazelle Road, Yeovil BA20 2PJ
Size: 11,127 sq ft (1,034 sq m)
Date of deal: 18/09/2018
Price: £887,500, NIY 7%, rental income £66,000 pa
Purchaser: Wildbrook Investments
Purchaser’s agent: Vail Williams
Vendor: Westbrook Acquisitions
Unit 6, Grove Park, Mill Lane, Alton GU34 2QG
Size: 3,103 sq ft (288 sq m)
Date of deal: 13/09/2018
Rent: £21,721 pa, five-year lease
Lessor’s agent: Curchod & Co
Lessor: GMS Estates
Lessee: MTS Auto Repair
Units 4 & 9, Didcot Way, Boldon Business Park, Boldon Colliery NE35 9PD
Size: 39,041 sq ft (3,627 sq m)
Date of deal: 01/11/2018
Price: £2,340,000
Vendor: IGP Investments
Purchaser: Hanro Group
Purchaser’s agent: Naylors Chartered Surveyors
Lessee: Trotec Laser
LEISURE
8-12 Burnley Road, Rossendale BB4 8EW
Size: 2,480 sq ft (230 sq m)
Date of deal: 09/10/2018
Rent: £20,000 pa, five-year lease, break at year three
Lessor’s agent: Ryder & Dutton
Lessee: The Whip & Kitten
OFFICE
1st Floor , Highbridge House, 23-25 High Street Belfast BT1 2AA
Size: 823 sq ft (76 sq m)
Date of deal: 01/09/2018
Rent: £8,000 pa, three-year lease
Lessor’s agent: Frazer Kidd & Partners
Lessee: Performance Active International
30 Sansome Walk, Worcester WR1 1LX
Size: 700 sq ft (65 sq m)
Date of deal: 07/09/2018
Rent: £7,500 pa, five-year lease
Lessor’s agent: GJS Dillon
Lessee: The National League U19 Alliance
Suite 2, Surrey House, 41 High Street, Newmarket CB8 8NA
Size: 410 sq ft (38 sq m)
Date of deal: 01/10/2018
Rent: £4,500 pa, three-year lease, break at year two
Lessor’s agent: Robinson Layer
Lessee: Global Projects Solutions
4th Floor, 1 East Parade, Leeds LS1 2AA
Size: 5,186 sq ft (482 sq m)
Date of deal: 01/11/2018
Rent: £134,836 pa, 10-year lease
Lessor: Schroders Regional Office Property Unit Trust
Lessor’s agents: Carter Towler and Savills
Lessee: Gilbert Meher
Room 155, St James Business Centre, Linwood Road, Paisley PA3 3AT
Size: 186 sq ft (17 sq m)
Date of deal: 01/09/2018
Rent: £3,031.80 pa, 2.5-year lease
Lessor: Squarestone Growth
Lessor’s agent: Cushman & Wakefield
Lessee: Key Counselling
Unit 7a, Cardiff Gate Business Park, Oak Tree Court, Mulberry Drive, Pontprennau CF23 8RS
Size: 2,149 sq ft (200 sq m)
Date of deal: 01/10/2018
Rent: £25,250.75 pa, five-year lease, break at year three, three months rent-free
Lessor’s agent: Fletcher Morgan
Lessee: Briggs & Forrester
RETAIL
73 Great Eastern Street, London EC2A 3HU
Size: 2,500 sq ft (232 sq m)
Date of deal: 01/10/2018
Rent: £225,000 pa, 15-year lease
Lessor: Aitch Group and Mura Estates
Lessor’s agent: Belchak Corin & Co
Lessee: Pachamama Group
Lessee’s agent: Colliers International
9 Clifton Terrace, Edinburgh EH12 5DR
Size: 1,043 sq ft (97 sq m)
Date of deal: 31/10/2018
Rent: £20,000 pa, 15-year lease
Lessor’s agent: Eric Young & Co
Lessee: Zaina Edin
Unit 2 Nantwich Trade Park, Middlewich Road, Nantwich CW5 6PE
Size: 2,590 sq ft (241 sq m)
Date of deal: 31/10/2018
Rent: £34,000 pa, 10-year lease, three months rent-free, three-yearly rent reviews
Lessor’s agent: Legat Owen
Lessor: Carleton Estates
Lessee: Leonard Brothers Veterinary
Unit 4, Corby Retail Park, Phoenix Parkway, Corby NN7 5DT
Size: 6,000 sq ft (557 sq m)
Date of deal: 02/10/2018
Rent: £126,000 pa, 10-year lease, 12 months rent-free, break at year five
Lessor: Peel Land and Property
Lessor’s agent: Curson Sowerby Partners
Lessee: Superdrug
To submit your deals, please e-mail deals@egi.co.uk