National deals round-up: Warwick shed sells for £13.2m

Pick of the latest deals around the regions, plus Herefordshire’s most active agents. EG’s Most Active Agent competition winners Herefordshire Sunderlands John Goodwin Arkwright Owen Chartered Surveyors Dealmaker: Tim Reed, Sunderlands “Locally the office market remains challenging, but there is reasonable demand for industrial premises and retail units as long as they are sensibly priced. Investment opportunities create much interest and can achieve surprising levels of value.” INDUSTRIAL Ecclesbourne Park, Cotes Park Lane, Alfreton DE55 4RF Size: 4,325 sq ft (402 sq m) Date of deal: 11/09/2018 Rent: £21,620 pa, five-year lease Lessor’s agent: FHP Property Consultants Lessor: M7 Real Estate Lessee: TRT One Warwick Technology Park, Warwick CV34 6DW Size: 49,157 sq ft (4,567 sq m) Date of deal: 13/08/2018 Price: £13.2m, 6.99% yield Vendor agent: JLL Vendor: Nurton Developments Purchaser agent: Knight Frank Purchaser: East Hampshire District Council Unit 11, Byford Court, Crockatt Road, Hadleigh IP7 6RD Size: 773 sq ft (72 sq m) Date of deal: 13/08/2018 Rent: £7,500 pa, four-year lease, tenant break at years two and three Lessor’s agent: Fenn Wright Lessee: Filter Tech Systems Unit 12, Finns Business Park, Bowenhurst Lane, Crondall, Farnham GU10 5HP Size: 1,900 sq ft (177 sq m) Date of deal: 25/07/2018 Price: £210,000 Vendor’s agent: Hollis Hockley Vendor: Total Karting Purchaser: Plummex Unit 6, Vestry Industrial Estate, Vestry Road, Sevenoaks TN14 5EL Size: 2,123 sq ft (197 sq m) Date of deal: 16/08/2018 Rent: £31,485 pa, 10-year lease, three months rent-free, tenant only break and upward-only rent review at year five Lessor’s agents: Caxtons Chartered Surveyors and Michael Rogers Lessee: City Electrical Factors Unit 14, Parliament Business Centre, Commerce Way, Liverpool L8 7BL Size: 1,055 sq ft (98 sq m) Date of deal: 20/08/2018 Rent: £6,857 pa, one-year lease Lessor’s agent: LM6 Lessor: Huntingwood Developments Lessee: Crisis UK Unit 6a, Arrow Trading Estate, Corporation Road, Audenshaw M34 5LR Size: 9,127 sq ft (848 sq m) Date of deal: 01/07/2018 Rent: £43,350 pa, three-year lease, break at years one and two Lessor’s agents: Avison Young & BC Real Estate Lessor: CEG Lessee: Fresh Group Unit J3, Colchester Avenue Industrial Estate, Colchester Avenue, Cardiff CF23 9AP Size: 3,057 sq ft (284 sq m) Date of deal: 03/09/2018 Rent: £16,814 pa, 10-year lease Lessor’s agents: Fletcher Morgan & Jenkins Best Lessor: IPIF Lessee: Motor Parts Direct OFFICE 1-3 Ock Street, Abingdon OX14 5AL Size: 2,968 sq ft (276 sq m) Date of deal: 10/08/2018 Rent: £43,000 pa, five-year lease Lessor’s agent: Carter Jonas Lessee: Boardman Hawkins & Osborne 1st Floor, Fairview House, 17 Hinton Road, Bournemouth BH1 2EE Size: 1,000 sq ft (93 sq m) Date of deal: 31/08/2018 Rent: £22,235 pa, three-year lease, one month rent-free, next six months at half rent Lessor’s agent: Cowling & West Lessee: Redcare 5G 31-35 High Street, Belfast BT1 2AA Size: 13,828 sq ft (1,285 sq m) Date of deal: 01/07/2018 Price: £1.5m Vendor: AIB Vendor’s agent: Lambert Smith Hampton Purchaser: Old Coach House Properties RETAIL 128 Shoreditch High Street, London E1 6JE Size: 1,774 sq ft (165 sq m) Date of deal: 17/08/2018 Rent: £110,000 pa, 15-year lease, five-yearly review Lessor’s agents: Belchak Corin & Co and Dominion Lessee: Pret A Manger 50 Castle Square, Sheffield S1 2GF Size: 873 sq ft (81 sq m) Date of deal: 15/09/2018 Rent: £10,000 pa, five-year lease Lessor: Merali Property Lessor’s agent: Crosthwaite Commercial Lessee: GMEX Entertainment 13-19 Main Street, Monkton KA9 2RN Size: 2,722 sq ft (253 sq m) Date of deal: 24/08/2018 Price: £300,000 Vendor: McMahon Retail Vendor’s agent: Graham & Sibbald 78-90 Buchanan Street/9-17 Exchange Place, Glasgow G1 3AN Size: 34,681 sq ft (3,222 sq m) Date of deal: 24/09/2018 Price: £31m, 3.99% yield Vendor: Lothbury Property Trust Vendor’s agent: CBRE Purchaser: Pontgadea UK Purchaser’s agent: Sheridan Property Consultants LEISURE 43 Penistone Road North, Sheffield S6 1LP Size: 18,956 sq ft (1,761 sq m) Date of deal: 01/08/2019 Price: £2.5m, 6.56% yield Vendor: Mutley Properties Vendor’s agent: Christie & Co Purchaser: West Lindsey District Council Lessee: Better Gym To submit your deals, please e-mail deals@egi.co.uk