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This week’s biggest deals

INDUSTRIAL

Unit H2, Ivanhoe Business Park, Tournament Way, Ashby-de-la-Zouch LE65 2UU

  • Size: 4,883 sq ft (454 sq m)
  • Date of deal: 31/01/2017
  • Rent: £31,493 pa, 10-year lease, break at year 5, 6 months rent free
  • Lessor’s agent: FHP Property Consultants
  • Lessor: CWC Group
  • Lessee: Screwfix Direct

Unit 11, Aston Fields Trading Estate, Sugarbrook Road, Bromsgrove B60 3DW

  • Size: 2,263 sq ft (210 sq m)
  • Date of deal: 24/02/2017
  • Rent: £16,000 pa, 3-year lease, 1 month rent free
  • Lessor: Threadneedle UK Property Authorised Investment Fund
  • Lessor’s agent: Fisher German
  • Lessee: Cloudo Kids

LEISURE

Red Lion, Ripon Road, Harrogate HG3 3ND

  • Size: 260 seats
  • Date of deal: 01/03/2017
  • Price: £650,000
  • Vendor: Greene King
  • Vendor’s agent: Christie + Co
  • Purchaser: Seafood Pub Company

OFFICE

500 Capability Green, Luton LU1 3LS

  • Size: 79,977 sq ft (7,430 sq m)
  • Date of deal: 15/02/2017
  • Price: £13m, 6.56% yield
  • Vendor: TRIUVA
  • Vendor’s agent: Bray Fox Smith
  • Purchaser: MCR Property Group
  • Purchaser’s agent: Savills

Suite 35 Shenley Pavilions, Chalkdell Drive, Milton Keynes MK5 6LB

Size: 451 sq ft (42 sq m)

Date of deal: 15/12/2016

Rent: £6,100 pa, 5-year lease, break and review at year 3

Lessor’s agents: Louch Shacklock & Partners and Bidwells Property Consultants

Lessee: Crest Education

Globe House, Warwick Technology Park, Gallows Hill, Warwick CV34 6DA

  • Size: 41,089 sq ft (3,817 sq m)
  • Date of deal: 15/01/2017
  • Price: £7.75m, NIY 7.5%, incoming rent £611,815 pa
  • Vendor: CBRE Global Investors
  • Vendor’s agent: Griffiths Eccles
  • Purchaser: CCLA Investment Management
  • Purchaser’s agents: Bromwich Hardy and Hoddell Stotesbury Morgan

1st Floor, Newmarket House, Market Street, Newbury RG14 5DP

  • Size: 1,336 sq ft (124 sq m)
  • Date of deal: 02/02/2017
  • Rent: £19,950 pa, 5-year lease
  • Lessor’s agents: Quintons Commercial & Michael Richman PS
  • Lessee: Rose Petroleum

6 West Mills Yard, Kennet Road, Newbury RG14 5LP

  • Size: 711 sq ft (66 sq m)
  • Date of deal: 06/02/2017
  • Rent: £11,750 pa, 10-year lease
  • Lessor’s agent: Quintons Commercial
  • Lessee: Oval Recruit

New Logic House, Meikle Road, Livingston EH54 7DE

  • Size: 27,299 sq ft (2,536 sq m)
  • Date of deal: 01/12/2016
  • Rent: £170,000 pa, 12-year lease
  • Lessor: Black Arrow Group
  • Lessor’s agents: Cushman & Wakefield and Graham & Sibbald
  • Lessee: Xercise4Less
  • Lessee’s agent: CBRE

Quorum 5, Quorum Business Park, Newcastle upon Tyne NE12 8EW

  • Size: 7,089 sq ft (659 sq m)
  • Date of deal: 27/02/2017
  • Rent: £66,991 pa, 7-year lease
  • Lessor: Preston Cherry LLP
  • Lessor’s agent: Gavin Black & Partners
  • Lessee: McCaw Engineering

Office 8, Commerce House, Ridings Park, Eastern Way, Cannock WS11 7FJ

  • Size: 1,300 sq ft (121 sq m)
  • Date of deal: 15/01/2017
  • Rent: £10,400 pa, 5-year lease
  • Lessor: Brendan Lees Developments
  • Lessor’s agent: Andrew Dixon & Co

RETAIL

97 High Street, Hemel Hempstead HP1 3AH

  • Size: 2,244 sq ft (208 sq m)
  • Date of deal: 20/02/2017
  • Rent: £11,600 pa, 5-year lease
  • Lessor’s agent: Brasier Freeth
  • Lessee: Halo & Wren Bridal

Boulevard Retail Park, Maskew Avenue, Peterborough PE1 2HS

  • Size: 123,807 sq ft (11,502 sq m)
  • Date of deal: 20/01/2017
  • Price: £32.6m, 8% yield
  • Vendor’s agent: Cushman & Wakefield
  • Vendor: Aviva Investors Global Services
  • Purchaser: Infrared Capital Partners

10 Bank Street, Newquay TR7 1JF

  • Size: 1,700 sq ft (158 sq m)
  • Date of deal: 01/02/2017
  • Rent: £50,000 pa, 10-year lease, tenant break at year 5
  • Lessor’s agent: Fawcett Mead
  • Lessee: Holland & Barrett

Unit 2A, Town Wall North, St Davids Way, Davids Centre, Cardiff CF10 2DP

  • Size: 150 sq ft (14 sq m)
  • Date of deal: 01/02/2017
  • Rent: £32,500 pa, 10-year lease, mutual break and rent review at year 5, 6 months rent free
  • Lessor’s agent: JLL
  • Lessor: St Davis Limited Partnership
  • Lessee’s agent: Brasier Freeth
  • Lessee: Eurochange

Unit G5, Smithfield Building, Church Street, Manchester M4 1PD

  • Size: 808 sq ft (75 sq m)
  • Date of deal: 21/02/2017
  • Rent: £30,000, 6-year lease, 3 months rent free
  • Lessor: Aegon UK Property Fund

To submit your deals please e-mail deals@egi.co.uk or tweet @egideals

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