22
LETTINGS
Centre. It has agreed a new 10-year

sCaRboRoUgh
lease on a 3,778-sq ft store arranged The Prudential Assurance Company
over two floors and will pay an annual has let Unit 1 at Brunswick Shopping
rent of £70,000. The new store has Centre to ShakeAway. The milk shake
been created by the reconfiguration retailer has agreed to take the 340 sq
of two units formerly occupied by ft unit at an annual rent of £28,000
Hawkins Bazaar and Busters on a 10-year lease. PruPIM was
Warehouse. Both retailers have represented by Savills while
relocated to similar size stores within ShakeAway was represented by Smith
the scheme totalling 2,083 sq ft and Price.
1,466 sq ft respectively. Landlord
Town Centre Securities was

soUthpoRt
represented by Savills and A private client of Savills has recently
Brassington Rowan. let two units at Ocean Plaza. In Unit C,
Hengija Group, trading as Real China,

lewishaM has agreed a new 15-year lease. The
Poundland has taken a new 10-year restaurant operator will pay an annual


Four sign in Cambridge lease in The Lewisham Centre, rent of £85,000 on the property
Aberdeen Property Investors has signed four new retailers at the Lion Yard Riverdale from L S Lewisham. The totalling 4,760 sq ft. And Play Town
shopping centre, which it operates on behalf of Barclays Nominees. commencing rent was £215,000 pa or has taken a 10-year lease on 7,793 sq
Unit 22, providing 1,267 sq ft of ground floor sales and 766 sq ft of 6 per cent of turnover whichever is ft in Units E/F. The agreed annual rent
basement ancillary space, has been leased to Virgin Media on a 10-year the highest. The property provides is £46,758. Other tenants at Ocean
lease at an initial rent of £130,000 pax. Virgin Media received a cash 6,000 sq ft of ground floor sales Plaza include Vue, Frankie & Bennys,
contribution equivalent to 12 months rent and the lease includes a mutual space, 1810 sq ft of ground floor Nandos, Bella Italia and Chiquitos.
break option at the fifth year. Krisp clothing was re-located in order to storage/staff space and 4,665 sq ft of
facilitate the Virgin deal. first floor storage/staff space.

stiRling
Unit 51, providing 414 sq ft of ground floor sales and 273 sq ft of first Poundland was represented by Capital Poundland has taken a new 10-year
floor ancillary space, has been taken by ShakeAway on a five-year lease at Retail and LS Lewisham was lease in The Thistles Shopping Centre
£47,500 pax after a rent-free period. represented by GCW. from Standard Life Investments UK
Two mall kiosks have also been let with AMT taking a three-year lease Shopping Centre Trust. The
on a kiosk at the link between Lion Yard and Grand Arcade. AMT will pay the
kings lynn
commencing rent was £200,000 pa.
higher of the base rent, rising from £25,000 to £27,500 or 16 per cent of Children’s retailer Mothercare UK has The property provides 4,900 sq ft of
gross turnover. And Sweet Express has taken an adjoining kiosk on a two- agreed a 10-year lease on an 8,800- ground floor sales and 1,206 sq ft of
year lease at £40,000 pax. sq ft store at the Harwick retail park. ground floor storage/staff space.
The commencing rent will be Poundland was represented by CWM
£176,000 pa. Mothercare UK was and Standard Life Investments UK

Denbigh Queens House to Shoe Zone and The represented by McMullen Wilson. Shopping Centre Trust was
Richleys Stewarts has agreed a Real Sandwich Co, and the 39-unit represented by Eric Young & Co.
10-year lease on a 2,667-sq ft store at scheme is now 93 per cent let.

ReDhill
57, High Street at a stepped rent rising Shoezone has taken 2,500 sq ft at 49 Poundland has taken a new 10-year

stoCkpoRt
to £26,000 pax. Landlord WAFA Assets Jameson Street at £67,500 pa while lease in The Quadrant shopping Poundland has taken a new 10-year
was represented by Legat Owen. The Real Sandwich Co has signed for centre from Aviva Life and Pensions lease in The Courts from Zurich
450 sq ft at 53 Jameson Street at UK. The commencing rent was Assurance. The commencing rent

glasgow £25,000 pa. King Sturge is letting £130,000 pa. The property provides was £175,000 pa. The property
H & M is to open to a new flagship agent and Ramsdens represented 5,025 sq ft of ground floor sales provides 4,789 sq ft of ground floor
store on the Buchanan Street Shoezone. space. Poundland was represented by sales space, 1,680 sq ft of ground
frontage of the Buchanan Galleries Capital Retail and Aviva Life and floor stock/staff space and 807 sq ft
shopping centre, after agreeing a

leeDs Pensions UK was represented by of basement stock space. Poundland
simultaneous surrender of its existing Ogden Waller Group has let 19/20 King Sturge. was represented by Tushingham
store. The move will allow the Blenheim Terrace to Tesco. The Moore.
Swedish retailer to quadruple its sales international retailer has agreed a

RoChDale
area to 29,985 sq ft and take 15-year lease on the units and will pay Poundland has taken a new 10-year

stoCkton-on-tees
advantage of a prominent location on £80,000pa. The trading area on the lease in the Rochdale Exchange The café and restaurant operator
Glasgow’s prime retail pitch at ground floor totals 2,963 sq ft with an shopping centre from Co-operative Milligans Bakery, which will trade as
178/182 Buchanan Street. Hartnell additional 2,971 sq ft of space spread Insurance Society. The property Café M, has agreed a 15-year lease on
Taylor Cook advised H & M Hennes over three floors. Tesco was provides 3,898 sq ft of ground floor a 1,642-sq ft unit at Castlegate
and DTZ and Culverwell advised the represented by Savills and was and 2,180 sq ft of basement storage/ Shopping Centre, and will pay an
landlords, Land Securities and advised by LWE Commercial. staff space. The commencing rent annual rent of £62,500. Landlord
Henderson on the new 15-year lease. agreed was £155,000 pa. Poundland Redleaf VI (Stockton) Limited

leeDs was represented by Capital Retail and Partnership was represented by

hUll The UK’s leading rent-to-own retailer, Co-operative Insurance Society was Sanderson Wetherall and DTZ and
Aviva has secured two new lettings at BrightHouse, is to open in the Merrion represented by Reid Rose Gregory. Milligans by Savills.
SHOPPING CENTRE September 2009 www.shopping-centre.co.uk
22-SCSep-Listings.indd 22 23/9/09 18:40:48
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