National deals round-up: Glasgow’s Atlantic Quay 1 sells for £55m

EG’s Most Active Agent competition winners West Midlands Cushman & Wakefield Bulleys Savills Siddall Jones CBRE Dealmaker: David Hemming, Burley Browne “I am delighted to have been named EG Dealmaker for the West Midlands. This award reflects superbly on Burley Browne, justifies the hard work and excellent service provided by the whole agency team and demonstrates our increased profile and activity within the West Midlands commercial property market. “We are continuing to experience high levels of activity across all sectors, but particularly in retail, where demand in good quality parades and affluent high streets outstrips supply, and also for freehold, where we have seen a marked increase in interest from buyers purchasing through their pensions funds.” INDUSTRIAL Block 3, Unit 8 Whistleberry Industrial Park, Blantyre ML3 0ED Size: 2,042 sq ft (190 sq m) Date of deal: 15/09/2018 Rent: £12,000 pa, five-year lease, three months rent-free Lessor: Pearl & Coutts Lessor’s agent: Shepherd Commercial Lessee: Wilson Furnishers Ground Floor, 36 Royal Scot Road, Pride Park, Derby DE24 8AJ Size: 1,357 sq ft (126 sq m) Date of deal: 07/09/2018 Rent: £10,000 pa (stepped yearly rental), three-year lease, mutual break at year one Lessor’s agent: BB&J Commercial Lessee: First Corporation Unit 2, Eurolink Business Park, Eurolink 4, Styles Close, Sittingbourne ME10 3BF Size: 5,738 sq ft (533 sq m) Date of deal: 03/09/2018 Rent: £43,500 pax, 10-year lease, one month rent-free, tenant-only break and upward-only rent review at year five Lessor’s agent: Watson Day Chartered Surveyors Lessor: Sittingbourne Industrial Owner Lessee: Toys & Interiors Ltd Unit 4 New York Industrial Park, Newcastle Upon Tyne NE27 OQF Size: 13,970 sq ft (1,298 sq m) Date of deal: 14/09/2018 Price: £730,000 Vendor: Middleton Enterprises Vendor’s agents: Gavin Black & Partners and Lexicon Cole Purchaser: Greyhound Investments Unit 6 Holes Bay Park, Sterte Avenue West, Poole BH15 2AA Size: 3,761 sq ft (349 sq m) Date of deal: 04/09/2018 Rent: £30,000 pa, five-year lease, break and review after year three Lessor’s agent: Cowling & West Lessee: AEC (SW) Electrical Unit 7 Stakehill Industrial Estate, Finlan Road, Middleton M24 2RW Size: 5,941 sq ft (552 sq m) Date of deal: 15/08/2018 Rent: £35,350 pa, 10-year lease, break after year five Lessor’s agents: Avison Young and Savills Lessor: Canmoor Lessee: Event Furniture Unit 7, Stirchley Trading Estate, Hazelwell Road, Stirchley B30 2PF Size: 2,039 Sq ft (189 sq m) Date of deal: 01/08/2018 Rent: £13,524 pa, three-year lease Lessors agent: Darby Keye Property Lessee: Honest Skincare Unit 8, Alstons Court, Leslie Road, Ipswich IP3 9PL Size: 750 sq ft (70 sq m) Date of deal: 01/09/2018 Rent: £5,500 pa, five-year lease, break and review after year three Lessor’s agent: Nicholas Percival Lessee: GS Installations OFFICE 1st Floor, 418 Centennial Avenue, Borehamwood WD6 3TN Size: 1,029 sq ft (96 sq m) Date of deal: 15/08/2018 Rent: £36,000 pa, one-year lease Lessor’s agent: Smiddy & Co Lessee: Regents Personnel Atlantic Quay 1, Robertson Street, Glasgow G2 8SP Size: 121,737 sq ft (11,310 sq m) Date of deal: 16/10/2018 Price: £55m, 5% yield Vendor: Moorfield Group Vendor’s agent: JLL Purchaser: Bank of London and the Middle East Empire House, 131 West Nile Street, Glasgow G1 2RX Size: 12,242 sq ft (1,137 sq m) Date of deal: 01/09/2018 Rent: £146,904 pa, five-year lease Lessor’s agent: GVA Lessor: George Capital (Glasgow) Lessee: Customer Experient People Lessee’s agent: Edgar Property Solutions Unit 10, Rotherbrook Court, Bedford Road, Petersfield GU32 3QG Size: 2,717 sq ft (252 sq m) Date of deal: 15/08/2018 Price: £255,000 Vendor’s agent: Vail Williams Vendor: PNH Properties Group Purchaser: LG Wood Limited Pension Trust RETAIL 30 Park Road, Hale WA15 9NN Size: 1,511 sq ft (140 sq m) Date of deal: 16/10/2018 Rent: £17,500 pa, two-year lease Assignor’s agent: Regional Property Solutions Assignor: Marber Promotions and Marketing Assignee: Altius Health Care 44 Corn Street, Witney OX28 6BS Size: 1,269 sq ft (118 sq m) Date of deal: 01/09/2018 Rent: £15,000 pa, five-year lease, break after year three Lessor: Swan Properties Lessor’s agent: Marriotts Oxford Lessee: S&S Shoe Repairs Blaydon Shopping Centre, St Cuthberts Way, Blaydon on Tyne NE21 5BT Size: 120,000 sq ft (11,148 sq m) Date of deal: 15/10/2018 Price: £30m Vendors: Ellandi and Lone Star Estates Purchaser: Praxis Purchaser’s agents: Knight Frank & Savills Unit 12A Gripoly Mills Retail Park, Penarth Road, Sloper Road, Cardiff CF11 8NN Size: 8,500 sq ft (790 sq m) Date of deal: 03/09/2018 Rent: £47,500 pax, 10-year lease Lessor: CR Engl Holdings Lessor’s agent: Fletcher Morgan Lessee: Gilmore Hair & Beauty To submit your deals, please e-mail deals@egi.co.uk