The pick of the deals from around the country this week.
LEISURE
Building 4, Wolsey Business Park, Tolpits Lane, Rickmansworth WD18 9BL
- Size: 15,662 sq ft (1,455 sq m)
- Date of deal: 02/10/2018
- Rent: £187,944 pa, 15-year lease, break after 10 years, 12 months rent free
- Lessor’s agents: Brasier Freeth and Perry Holt & Co
- Lessee: Pump Gyms
Unit 25, Mahon Industrial Estate, Portadown BT62 3EH
The pick of the deals from around the country this week.
LEISURE
Building 4, Wolsey Business Park, Tolpits Lane, Rickmansworth WD18 9BL
Size: 15,662 sq ft (1,455 sq m)
Date of deal: 02/10/2018
Rent: £187,944 pa, 15-year lease, break after 10 years, 12 months rent free
Lessor’s agents: Brasier Freeth and Perry Holt & Co
Lessee: Pump Gyms
Unit 25, Mahon Industrial Estate, Portadown BT62 3EH
Size: 8,917 sq ft (828 sq m)
Date of deal: 21/12/2018
Rent: £35,668 pa, 15-year lease
Lessor’s agent: Lambert Smith Hampton
Lessee: CrossFit 8020
INDUSTRIAL
Unit 1, Newbourne Business Park, Mill Road, Newbourne, Woodbridge IP12 4NP
Size: 7,324 sq ft (680 sq m)
Date of deal: 10/12/2018
Rent: £16,500 pa, 10-year lease, rent review after year three, lease break after year five
Lessor’s agent: Penn Commercial
Lessee: Gla-Rev Products
Unit 20 & 21, Napier Square, Livingston EH54 5DG
Size: 19,044 sq ft (1,769 sq m)
Date of deal: 10/12/2018
Price: £285,000
Vendor: Stevenswood
Vendor’s agent: Lambert Smith Hampton
Purchaser: SRA Ventures
Unit 29, Cardrew Trade Park, Cardrew Way, Redruth TR15 1SW
Size: 1,978 sq ft (184 sq m)
Date of deal: 21/12/2018
Rent: £13,080 pa, five-year lease
Lessor’s agent: Redgrave Commercial
Lessee’s agent: Altus Group
Lessee: Dean & Wood
Unit 8, Holland Park, Factory Road, Sandycroft CH5 2QJ
Size: 2,500 sq ft (232 sq m)
Date of deal: 02/01/2019
Rent: £15,000 pa, five-year lease, break at year three, one month rent free
Lessor: Hollingsworth Bros UK
Lessor’s agent: Legat Owen
Lessee: Acai Activeware
Unit A1, South Lancashire Industrial Estate, Redgate Road, Ashton-in-Makerfield WN4 8DT
Size: 5,399 sq ft (502 sq m)
Date of deal: 06/11/2018
Rent: £27,500 pa, seven-year lease, break and rent review at year three
Lessor’s agent: Parkinson Real Estate
Lessor: Order Power
Lessee: VLC Stairlifts
Unit D, Heathrow Business Park, Heron Drive, Slough SL3 8XP
Size: 12,000 sq ft (1,115 sq m)
Date of deal: 19/12/2018
Rent: £156,591 pa, 10-year lease, four months rent free, tenant break and rent review at year five
Lessor’s agent: Altus Group
Lessee: Infinity Finishing Partnership
RETAIL
4 Wellington Street, Stockton‑on-Tees TS18 1NA
Size: 876 sq ft (81 sq m)
Date of deal: 17/12/2018
Rent: £6,600 pa, three-and-a-half-year sublease
Lessor: Cooplands
Lessor’s agent: Connect Property North East
Lessee: Teesside Financial
9 Market Street, Braintree CM7 3YA
Size: 864 sq ft (80 sq m)
Date of deal: 18/10/2018
Rent: £11,000 pa, five-year lease
Lessor’s agent: Whybrow
Lessor: NOS3
Lessee: Party Inspirations
Unit 5B, Mulberry Walk, Mere Green Road, Sutton Coldfield B75 5BL
Size: 1,018 sq ft (95 sq m)
Date of deal: 01/01/2019
Rent: £28,000 pa, 15-year lease
Lessor’s agent: Rowley Hughes Thompson
Lessor: Nottingham City Council
Lessee: Pasha Turkish Barbers
OFFICE
19 Silk Street, Middleton M24 4DU
Size: 715 sq ft (66 sq m)
Date of deal: 20/12/2018
Price: £70,000
Vendor’s agent: Ryder & Dutton
Purchaser: Clearwater Properties
3rd Floor, Gresham Chambers, 41-49 West Nile Street, Glasgow G1 2PT
Size: 1,901 sq ft (177 sq m)
Date of deal: 21/12/2018
Rent: £30,416 pa, five-year lease
Lessor: West Coldstream Properties
Lessor’s agent: GVA
Lessee: Intelligent Capital Holdings
Unit 5c Castle End Business Park, Castle End, Reading RG10 9XQ
Size: 289 sq ft (27 sq m)
Date of deal: 01/12/2018
Rent: £4,500 pa, three-year lease, break at 18 months
Lessor’s agent: Fisher German
Lessee: Night Star Cinema
York House, St Andrews Court, Leeds LS3 1JY
Size: 2,600 sq ft (242 sq m)
Date of deal: 21/12/2018
Price: £385,000
Vendor: St Andrews Court
Vendor’s agent: Mawsons Property Services
Purchaser: BSR Property Management Services
Ground Floor Suite, The Maltings, Brayford Wharf East, Lincoln LN5 7TH
Size: 4,578 sq ft (425 sq m)
Date of deal: 01/02/2019
Rent: £59,935 pa, seven-year lease, rent review at year two, three months rent free
Lessor’s agent: Banks Long & Co
Lessor: Lincoln Corn Exchange and Markets (1991)
Lessee: Wilkin Chapman
To submit your deals, please e-mail deals@egi.co.uk