EG’s Most Active Agent competition winners
Hertfordshire
- Brasier Freeth
- Aitchison Raffety
- Stimpsons
- Davies & Co
- CBRE
Dealmaker – Matthew Bowen, Aitchison Raffety
“It is a testament to the popularity of Hertfordshire as a location for all businesses that despite the “Brexit effect”, transaction numbers, rents and sale prices have remained steady, if not increasing for some property types/locations.
EG’s Most Active Agent competition winners
Hertfordshire
Brasier Freeth
Aitchison Raffety
Stimpsons
Davies & Co
CBRE
Dealmaker – Matthew Bowen, Aitchison Raffety
“It is a testament to the popularity of Hertfordshire as a location for all businesses that despite the “Brexit effect”, transaction numbers, rents and sale prices have remained steady, if not increasing for some property types/locations.
“Stock levels are still at historically low levels but we are now starting to see some new commercial developments coming on line.
“Due to our market presence and reputation we are dealing with a number of these new projects and look forward to the remainder of 2019.”
INDUSTRIAL
15/16 Dale Hall Industrial Estate, Jubilee End, Lawford, Manningtree CO11 1UR
Size: 2,400 sq ft ( 223 sq m)
Date of deal: 01/03/2019
Rent: £15,600 pa, three-year lease
Lessor’s agent: Newman Commercial
Lessee: ESPA Innovative Solutions
First Floor, Tomo House, Tomo Road, Stowmarket IP14 5AY
Size: 4,270 sq ft (397 sq m)
Date of deal: 03/04/2019
Rent: £19,750 pa, five-year lease, break at year three
Lessor’s agent: Beane Wass & Box
Lessee: EO Charging
Unit 25, Mill Lane Industrial Estate, Caker Stream Road, Alton GU34 2QA
Size: 16,420 sq ft (1,525 sq m)
Date of deal: 26/04/2019
Rent: £123,971 pa, 15-year lease
Lessor: London & Cambridge Properties
Lessor’s agents: Curchod & Co and Hollis Hockley
Lessee: Signs Direct
Unit 3, 86 Bridgeman Street, Bolton BL3 6BQ
Size: 2,498 sq ft (232 sq m)
Date of deal: 29/03/2019
Rent: £17,500 pa, five-year lease
Lessor’s agent: WT Gunson
Lessee: Dry Drinks Company
Unit 63, Deeside Industrial Park, Third Avenue, Deeside CH5 2LA
Size: 4,226 sq ft (393 sq m)
Date of deal: 17/04/2019
Rent: £21,500 pa, five-year lease, break at year three, six months rent free
Lessor: Columbia Threadneedle Investments
Lessor’s agents: B8 Real Estate and Legat Owen
Lessee: Forward Industrial Products Group
OFFICE
4-5 Lochside Way, Edinburgh EH12 9DT
Size: 41,958 sq ft (3,898 sq m)
Date of deal: 01/05/2019
Price: £6,550,000 pa, 11.7% yield
Vendor: Equitable Life Assurance Society
Vendor’s agents: Cuthbert White and Brodies
Purchaser: Northwood Regional UK
Purchaser’s agent: Savills
Lessee: Diageo Scotland
4th Floor, Acero Works, Sheffield Digital Campus, Sheffield S1 2BJ
Size: 7,500 sq ft (697 sq m)
Date of deal: 15/04/2019
Rent: £197,500 pa, five-year lease
Lessor: APAM
Lessor’s agents: Colloco, Commercial Property Partners and Knight Frank
Lessee: Egress Software Technologies
Floors 1-5, 7 Park Row, Leeds LS1 5HD
Size: 23,909 sq ft (2,221 sq m)
Date of deal: 01/05/2019
Rent: £669,452 pa, 15-year lease
Lessor: CBRE Global Investors
Lessor’s agent: Savills
Lessee: Spaces
Lessee’s agent: Knight Frank
Suite 28, Parker House, Mansfield Road, Derby DE21 4SZ
Size: 500 sq ft (46 sq m)
Date of deal: 29/04/2019
Rent: £3,500 pa, three-year lease
Lessor’s agent: Salloway Property Consultants
Lessee: K2 Audio
RETAIL
104 High Street, Harpenden AL5 2SP
Size: 1,937 sq ft ( 180 sq m)
Date of deal: 15/02/2019
Rent: £37,000 pa, 15-year lease
Lessor’s agent: Kirkby Diamond
Lessee: Tahini
2-4 King Street, Twickenham TW1 3RZ
Size: 2,549 sq ft (237 sq m)
Date of deal: 15/04/2019
Rent: £65,000 pax, 10-year lease
Lessor: PPR Estates
Lessor’s agents: Fawcett Mead and Sanderson Weatherall
Lessee: Starbucks Coffee
35 Northgate Street, Gloucester GL1 2AN
Size: 1,105 sq ft (103 sq m)
Date of deal: 11/03/2019
Rent: £15,500 pax, six-month lease, one month rent free
Lessor’s agent: DMA
Lessee: Chase Menswear
4 Station Road, Solihull B91 3SB
Size: 1,356 sq ft (126 sq m)
Date of deal: 26/04/2019
Rent: £40,000 pa, 20-years lease, seven months rent free, tenant only break every five years
Lessor’s agent: Creative Retail Property Consultants
Lessee: Turkish Golden Scissors
Unit 1, 197-207 Ingram Street, Glasgow G1 1DQ
Size: 780 sq ft (72 sq m)
Date of deal: 25/04/2019
Rent: £70,000 pa, 10-year lease
Lessor: UK Estates
Lessee: Fred Perry
Lessee’s agent: Orme Retail
Unit 4, 54 Church Street, Burnley BB11 2DL
Size: 1,357 sq ft (126 sq m)
Date of deal: 02/04/2019
Rent: £13,000 pa, 10-year lease, tenant only break at year five, three months rent free
Lessor’s agent: Petty Chartered Suveyors
Sub-lessor: Papa Johns
Lessee: Bedworld Factory Shop
Unit W4, Bon Accord Centre, George Street, Aberdeen
AB25 1HZ
Size: 1,707 sq ft (159 sq m)
Date of deal: 14/03/2019
Rent: £100,000 pa, 10-year lease
Lessor: Capreon
Lessor’s agents: Eric Young & Co and CBRE
Lessee: Elegance Hair & Beauty