The Textile Mill Warehouse has taken a 15 year FRI Lease from 29 September 2001 on this 15,000 sq.ft. (1,393.5m²) Unit adjacent to AMF Bowling at a commencing rental of £85,000 pa rising to £120,000 pa.

The Landlords were represented by Fifield Glyn (01606 351 351) and Peill & Co. (01228 543 900. The Tenants represented themselves.

Fifield Glyn have let Unit 1, Broad Lane Shopping Precinct, Norris Green, Liverpool 11, to Liverpool City Council. The Council will use the property as a “One Stop Shop”, as part of their new approach to offer citizens local, face to face access to Council services and information without the need to visit the city centre.

The property comprises 138.4m² (1,490 sq.ft.) and was let on a 10 year FRI lease with 5 yearly rent reviews at a rent of £20,000 p.a.

Other occupiers of the Shopping Precinct include Iceland, Poundstretcher, Broadway Market, Stanley Racing, Going Places and O’Rourke’s Wine Tavern.

Fifield Glyn are currently marketing 2 other units within the Precinct: Unit 5 comprising 108m² (1,165 sq.ft.) and Unit 7 (with Planning for Hot Food Takeaway Use) comprising 59m² (635 sq.ft.).

For further information contact Charles Fifield at Fifield Glyn.

Acting on behalf of The Northern Portfolio Limited Partnership (a joint venture between Barlows Plc and G. E. Capital) Fifield Glyn have arranged 3 lettings in Northwich over the summer.

The lettings have a combined rent of £24,500 pa on new 3 year Full Repairing and Insuring Leases.

The accommodation comprises 1,735 sq.ft. of Offices at 9 Leicester Street and 3,070 sq.ft. of Warehousing at the adjoining Kimor Building, Weaver Way.

Another 1,250 sq.ft. of office accommodation capable of sub-division remains available.

Copyrite-RMS Ltd. have taken a Lease of a 243.8m² (2,625 sq.ft.) Industrial Unit at 291 Featherstall Road North, Oldham, on a new 2½ year Full Repairing and Insuring Lease at the asking rent of £10,500 pa.

The property comprises 109.6m² (1,180 sq.ft.) of workshop and 134.2m² (1,445 sq.ft.) of office/ancillary accommodation, together with 3 car parking spaces.

The Landlord, Belgravium Technologies Plc, was advised by Fifield Glyn and Peter Bromwich & Company.

Private Investment Clients of Fifield Glyn have purchased a Long Leasehold Office Investment, Units A, B & C, Westmere Court, Crewe Business Park, from Gladman Developments Ltd.

The property comprises 3 detached modern office buildings with a total floor area of 18,665 sq ft with 108 on site car parking spaces.

Two of the buildings are let to Leading Technology Ltd. until September 2024, whilst a third is let to Scott Wilson Railways Ltd. until October 2014.

The combined rent is £232,308 per annum.

The purchase price of £2 million, represents a net initial yield of 11.0%

Fifield Glyn 01606 351 351

Private Investment Clients of Fifield Glyn have purchased a Freehold Retail Investment, 103/105 Dalton Road, Barrow-In-Furness from Altrincham based Mutley Properties (Holdings) Ltd.

The property is let to Poundstretcher Properties Ltd. on a 25 year FRI Lease from 29 September 1989 at a rent of £69,000 pa, subject to upward only rent reviews every 5 years.

The purchase price of £745,000 represents a net initial yield of 8.76%.

Fifield Glyn 01606 351 351

The Actuaries, Kerr & Co. have expanded their Sheffield office at No. 6, 12 O’ Clock Court, Attercliffe Road by acquiring the remaining 1st and 2nd floors.

They now have a Lease of the entire building, which comprises 3,819 sq.ft. (335m²), together with 12 car spaces, which they hold on a new 15 year Full Repairing and Insuring Lease subject to 5 yearly upward only rent reviews at a rental of £50,600 pa equating to £13.25 psf (£142.62m²).

Fifield Glyn acted for the Landlords, Osborne Assets.

Fifield Glyn have been awarded two Management Contracts at Runcorn in Cheshire and Rhuddlan in North Wales from Western Power Distribution the South West England and South West Wales Energy and Utilities Company.

The first, a modern Office Development at Howard Court, Manor Park in Runcorn, Cheshire, comprises 3 self-contained buildings in a landscaped setting off the A553 Runcorn Expressway totalling 2,400m² (25,000 sq.ft.), with a current rent role of £232,500 pa and is let to Hyder Industrial, Severn Trent Laboratories and Manor Park Systems. Fifield Glyn also manage the adjoining Hampton Court Office Development.

There is still some 587m² (6,300 sq.ft.) of available office accommodation and interested parties should contact Richard Smith at Fifield Glyn for further details.

The second is a Warehouse and an Industrial Depot on Abergele Road, Rhuddlan comprising 1,200m² (12,800 sq.ft.) and is let to 3 Tenants being Hyder Infrastructure Management Ltd., Drainage Systems (Cardiff) Ltd. and O. C. Summers, with a current rent roll of £45,100 pa.

Private Investment Clients of Fifield Glyn have acquired a new leisure investment in Liverpool from booksellers, Waterstones.

A former Waterstones bookshop, the property occupies a prime position at the junction of Bold Street and Concert Street. It has been let to Bass Taverns Ltd. for 30 years from 17 May 2000, subject to break clauses at the end of the 15th and 25th years. The building has been extensively refurbished by the occupier, who trades as Edwards.

The purchase price of £1.7m represents a net initial yield of 7.93%., based on a rent of £142,500 pa

J.D. Wetherspoon have acquired the freehold interest with vacant possession of the 10,000 sq.ft. ground floor at 13 St. Petersgate, Stockport at a price £1m.

Metcalfe Harding & Co and Fifield Glyn advised the Vendors and Van Der Berg advised Weatherspoons.

For further information contact John Fifield at Fifield Glyn.