National deals round-up

INDUSTRIAL Abbey Wood Park, Station Road, Filton, Bristol BS34 7JL ■ Size: 42,803 sq ft (3,976 sq m) ■ Date of deal: 04/05/2017 ■ Price: £5,800,000, Yield 5.09%, Rental income: £314,916 pa ■ Vendor: Lasalle Investment Management ■ Vendor’s agent: Knight Frank ■ Purchaser: Schroders ■ Purchaser’s agent: Alder King   Industrial Unit, West Way, Cotes Park Industrial Estate, Alfreton DE55 4QJ ■ Size: 30,318 sq ft (2,817 sq m) ■ Date of deal: 04/04/2017 ■ Rent: £167,000 pa, 10-year lease, five-year rent review, two months rent free ■ Lessor: PMW Property ■ Lessor’s agent: FHP ■ Lessee: Fabb Projects ■ Lessee’s agent: Harvey Spack Field   Unit 12, Hawick Crescent Industrial Estate, Newcastle Upon Tyne NE6 1AS ■ Size: 8,839 sq ft (821 sq m) ■ Date of deal: 20/04/2017 ■ Rent: £33,146 pa, five-year lease ■ Lessor: CEG ■ Lessor’s agent: BNP Paribas Real Estate ■ Lessee: Nicklin Furniture   Unit 12, Stadium Trade & Business Park, Loverock Road, Reading RG30 1DZ ■ Size: 6,106 sq ft (567 sq m) ■ Date of deal: 15/05/2017 ■ Rent: £48,850 pa, 10-year lease ■ Lessor: Salmon Harvester ■ Lessor’s agent: Haslams ■ Lessee: Howdens Joinery ■ Lessee’s agent: Fisher Wilson   Unit 5, Dagenham Business Park, Rainham Road North, Dagenham RM10 7FD ■ Size: 1,421 sq ft (132 sq m) ■ Date of deal: 15/04/2017 ■ Rent: £18,000 pa, six-year lease, rent review at year three ■ Lessor’s agent: Kemsley ■ Lessee: Ertech   Units 5C & 6C, Border Valley Industrial Estate, Mayflower Way, Harleston IP20 9EB ■ Size: 2,442 sq ft (227 sq m) ■ Date of deal: 02/05/2017 ■ Rent: £13,500 pa, seven-year lease, break at year five, six months rent free ■ Lessor: Dunedin Property ■ Lessor’s agent: Durrants ■ Lessee: CVS   Westfield Industrial Estate, Westfield North Courtyard, Grays Hill Road, Cumbernauld, Glasgow G68 9HD ■ Size: 30,000 sq ft (2,787 sq m) ■ Date of deal: 10/05/2017 ■ Rent: £135,000 pa, 15-year lease ■ Lessor: Canmoor Asset Management ■ Lessor’s agents: Savills & JLL ■ Lessee: SCA Timber Supply OFFICE 17 Stewart Street, Milngavie, Glasgow G62 6BW ■ Size: 1,927 sq ft (179 sq m) ■ Date of deal: 24/04/2017 ■ Rent: £15,000 pa, 10-year lease, break at year five ■ Lessor: Waterfoot Properties ■ Lessor’s agent: Richard Fox Chartered Surveyors ■ Lessee: Home Instead Senior Care   Suite A, 8 Clarendon Drive, Milton Keynes MK8 8ED ■ Size: 4,887 sq ft (454 sq m) ■ Date of deal: 15/04/2017 ■ Rent: £61,000 pa, five-year lease ■ Lessor’s agent: Louch Shacklock & Partners ■ Lessee: Lucid Support Services   Trinity Court, 16-26 John Dalton Street, Manchester M2 6HY ■ Size: 48,050 sq ft (4,464 sq m) ■ Date of deal: 16/05/2017 ■ Price: £12.9m, 9.25% NIY, £1.19m pa, one year left on lease, refurb to follow ■ Vendor: Ardstone Capital ■ Purchaser: Helical Bar ■ Purchasers agent: Commercial Properties ■ Lessee: Squire Patton Boggs   Unit 9, Eastgate Business Centre, Eastern Avenue, Burton-On-Trent DE13 0AT ■ Size: 1,528 sq ft (142 sq m) ■ Date of deal: 10/04/2017 ■ Rent: £15,500 pa, three-year lease, break at year two, two months rent free ■ Lessor’s agent: Salloway Property Consultants ■ Lessor: Channack Ross ■ Lessee: Quadros Financial Solutions   RETAIL 2 Acorn Road, Newcastle Upon Tyne NE2 2DJ ■ Size: 1,032 sq ft (96 sq m) ■ Date of deal: 24/04/2017 ■ Rent: £65,000 pa, 10-year lease ■ Lessor: MCM Investments UK ■ Lessor’s agent: Lambert Smith Hampton ■ Lessee: Oliver Bonas ■ Lessee’s agent: Colliers International   9 St Swithins Street, Worcester WR1 2PY ■ Size: 645 sq ft (60 sq m) ■ Date of deal: 15/03/2017 ■ Rent: £12,000 pa, five-year lease, break at year three, three months rent free ■ Lessor’s agent: AP Retail ■ Lessor: Revelan Estates (IOM) No3 ■ Lessee: Vapor Depot   Morgan Quarter, The Hayes, Cardiff CF10 1AH ■ Size: 300,000 sq ft (27,871 sq m) ■ Date of deal: 15/05/2017 ■ Price: £55,000,000, Yield: 5.9% ■ Vendor: Helical Bar ■ Vendor’s agent: JLL ■ Purchaser: LaSalle Investment Management ■ Purchaser’s agent: Savills   Unit 10, Market Cross Shopping Centre, Ambleside LA22 9BT ■ Size: 1,500 sq ft (139 sq m) ■ Date of deal: 21/04/2017 ■ Rent: £55,000 pa, 10-year lease, five-year rent review, six months rent free ■ Lessor’s agent: Legat Owen ■ Lessor: Atmore Group ■ Lessee: Joules   82 Week Street, Maidstone ME14 1RJ ■ Size: 2,766 sq ft (257 sq m) ■ Date of deal: 28/04/2017 ■ Rent: £44,000 pa, 15-year lease, six months rent free ■ Lessor: Eagle Crest (Maidstone) ■ Lessor’s agent: Cradick Retail ■ Lessee: Finch House Café EG’s Most Active Agent competition winners Greater Manchester 1. JLL 2. CBRE 3. Lambert Smith Hampton 4. WT Gunson 5. Cushman & Wakefield Dealmaker: Steve Capper, CBRE “The logistics and industrial market in the North West remains robust with strong demand across all sectors and size ranges. We continue to see upward pressure on rents on both larger logistics warehouses (100,000 sq ft-plus) and smaller/multi-let units, as stock remains low. Acquiring occupiers now realise they need to act quickly and decisively to secure their preferred property, which is reflected in the strong levels of take-up.” To submit your deals please e-mail deals@egi.co.uk or tweet @egideals