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A Selection of Transactions Personally Undertaken
by Laura West

January 2012 to March 2013
January 2012


 Sale of Hawton Lane, Newark

+ Client – Wolsey Group

+ Type of Transaction – Surrender of an existing
  12 year lease and sale to two local occupiers.

+ Size – 2,911m² (31,331ft²) on a site of 4.09 acres

+ Price - £787,500 (£25 ft²)
February 2012


Thurgarton Lane, Hoveringham

+ Client – Bell & Webster

+ Type of Transaction – Lease assignment from

  14th July 1961 expiring 24th December 2059.

+ Size – 6,045m² (65,057ft²)

+ 3.606 hectares (8.913 acres)

+ Price – £500,000

+ 7.8m eaves with 12 tonne cranage!
March 2012


Amber Business Centre, Riddings

+ Client – Commercial Estates Group

+ Type of Transaction – Letting

+ Size – 15,000 ft²

+ User – change of use successfully granted for an

Indoor cricket and soft play operation

+ Rent - £2.50ft²

+ Over 180,000ft² of lettings concluded in last 2 years
April 2012


 Berristow Lane, South Normanton

+ Client – Langham Park Developments

+ Type of Transaction – Letting

+ Size – 24,726ft²

+ Rent – £3.50 per sq ft

+ Final letting within a scheme of 5 units, totaling

145,000ft²
May 2012


Isabella Court, Mansfield

+ Client – Royal Ordnance (Crown Services)
  Pension Scheme

+ Type of Transaction – Investment Purchased and
  Several Lettings concluded throughout 2012

+ Size – 32,165ft²

+ Rent - £5ft²
June 2012


 Giltbrook Industrial Estate

+ Client – PMW Property Developments

+ Type of Transaction – Sale

+ Size – (11,629ft²)

+ Price – £450,000

+ Under Offer in 2 months – after another agent

had marketed the unit for 18 months!
July 2012


 Family Church, Basford

+ Client – Trustees of the Family Church

+ Type of Transaction – Sale

+ Size – 3,045ft²

+ Price – £165,000

+ Prominent detached premises, lots of interest
from an early stage of marketing!
August 2012


 Air Cargo Centre, East Midlands Airport

+ Client – Segro

+ Type of Transaction – Letting

+ Size – 3,851ft²

+ Rent – £6ft²

+ Estate now fully let!
September 2012


 Park Court Business Park, Kirkby in Ashfield

+ Client – Richard Walker & Son Hauliers Limited

+ Type of Transaction – Sale (2 units Sold)!

+ Size – 2,500ft²

+ Purchase Price – £165,000 (£66ft²)
October 2012


West 28, Alfreton

+ Client – PMW Property Developments Ltd

+ Type of Transaction – Acquisition

+ Size – 74,000ft²

+ Price – £950,000

+ Price reduced from £2.7million having been on
  the market for over 2 years!
November 2012


 The Courtyard at The Village

+ Client – NAMA

+ Size – 1,066 – 2,069ft²

+ Price – reduction from £175ft² to £115ft²!

+ Acting on behalf of the Receivers, we have taken a scheme
  with only 2 occupiers to having a further 2 units sold and
  another 2 under offer.
December 2012


 Abbey Trade Park, Mansfield

+ Client – Abbeyfield Estates

+ 5 new trade counter operators welcomed to the estate.

+ Travis Perkins, Yesss Electrical, Hi-Q, Chips Away and Tru
Plastics

+ 100% let within 12 months
January 2013


 Lockwood Close

+ Refurbished office and light industrial unit - 7,352ft²

+ Successful change of use application granted from
 B1/B8 to D1 (Non Residential-Institutions)

+ 5 year lease with an option to purchase at £325,000
February 2013


Chrysalis Way, Langley Mill

+ Bespoke industrial/warehouse/office premises

+ Sold part way through construction

+ On the market with another agent for 2 years.

+ Sale agreed and completed within 6 months of marketing.
March 2013


Amber Business Centre, Riddings

+ 25,200ft² detached unit with a large secure yard!

+ Let to an existing occupier expanding from 10,000ft²

  Looking to remain on the estate.

+ Full refurbishment program agreed between both
  parties.
+ Straight 10 year lease term!
Lw deals done

More Related Content

Lw deals done

  • 1. A Selection of Transactions Personally Undertaken by Laura West January 2012 to March 2013
  • 2. January 2012 Sale of Hawton Lane, Newark + Client – Wolsey Group + Type of Transaction – Surrender of an existing 12 year lease and sale to two local occupiers. + Size – 2,911m² (31,331ft²) on a site of 4.09 acres + Price - £787,500 (£25 ft²)
  • 3. February 2012 Thurgarton Lane, Hoveringham + Client – Bell & Webster + Type of Transaction – Lease assignment from 14th July 1961 expiring 24th December 2059. + Size – 6,045m² (65,057ft²) + 3.606 hectares (8.913 acres) + Price – £500,000 + 7.8m eaves with 12 tonne cranage!
  • 4. March 2012 Amber Business Centre, Riddings + Client – Commercial Estates Group + Type of Transaction – Letting + Size – 15,000 ft² + User – change of use successfully granted for an Indoor cricket and soft play operation + Rent - £2.50ft² + Over 180,000ft² of lettings concluded in last 2 years
  • 5. April 2012 Berristow Lane, South Normanton + Client – Langham Park Developments + Type of Transaction – Letting + Size – 24,726ft² + Rent – £3.50 per sq ft + Final letting within a scheme of 5 units, totaling 145,000ft²
  • 6. May 2012 Isabella Court, Mansfield + Client – Royal Ordnance (Crown Services) Pension Scheme + Type of Transaction – Investment Purchased and Several Lettings concluded throughout 2012 + Size – 32,165ft² + Rent - £5ft²
  • 7. June 2012 Giltbrook Industrial Estate + Client – PMW Property Developments + Type of Transaction – Sale + Size – (11,629ft²) + Price – £450,000 + Under Offer in 2 months – after another agent had marketed the unit for 18 months!
  • 8. July 2012 Family Church, Basford + Client – Trustees of the Family Church + Type of Transaction – Sale + Size – 3,045ft² + Price – £165,000 + Prominent detached premises, lots of interest from an early stage of marketing!
  • 9. August 2012 Air Cargo Centre, East Midlands Airport + Client – Segro + Type of Transaction – Letting + Size – 3,851ft² + Rent – £6ft² + Estate now fully let!
  • 10. September 2012 Park Court Business Park, Kirkby in Ashfield + Client – Richard Walker & Son Hauliers Limited + Type of Transaction – Sale (2 units Sold)! + Size – 2,500ft² + Purchase Price – £165,000 (£66ft²)
  • 11. October 2012 West 28, Alfreton + Client – PMW Property Developments Ltd + Type of Transaction – Acquisition + Size – 74,000ft² + Price – £950,000 + Price reduced from £2.7million having been on the market for over 2 years!
  • 12. November 2012 The Courtyard at The Village + Client – NAMA + Size – 1,066 – 2,069ft² + Price – reduction from £175ft² to £115ft²! + Acting on behalf of the Receivers, we have taken a scheme with only 2 occupiers to having a further 2 units sold and another 2 under offer.
  • 13. December 2012 Abbey Trade Park, Mansfield + Client – Abbeyfield Estates + 5 new trade counter operators welcomed to the estate. + Travis Perkins, Yesss Electrical, Hi-Q, Chips Away and Tru Plastics + 100% let within 12 months
  • 14. January 2013 Lockwood Close + Refurbished office and light industrial unit - 7,352ft² + Successful change of use application granted from B1/B8 to D1 (Non Residential-Institutions) + 5 year lease with an option to purchase at £325,000
  • 15. February 2013 Chrysalis Way, Langley Mill + Bespoke industrial/warehouse/office premises + Sold part way through construction + On the market with another agent for 2 years. + Sale agreed and completed within 6 months of marketing.
  • 16. March 2013 Amber Business Centre, Riddings + 25,200ft² detached unit with a large secure yard! + Let to an existing occupier expanding from 10,000ft² Looking to remain on the estate. + Full refurbishment program agreed between both parties. + Straight 10 year lease term!