26
LETTINGS
joining other new arrivals Peacocks
and Home Bargains. Cushman &
Wakefield and BNP Paribas Real Estate
are joint agents for City Site Estates.
Smith Price represented BrightHouse .

leeds
Luxury handbag chain Radley has
opened its first Yorkshire store at 16-18
County Arcade in the Victoria Quarter,
taking a 10-year lease on the 1,500-sq
ft unit at £85,000 pa. And All Saints
has added a menswear store in the
Victoria Quarter to complement its
womenswear collection within the
same shopping area. It has taken a


Cult status for MidsuMMer PlaCe
3,000-sq ft unit at 30-32 Queen
Legal & General Property has secured Cult Retail (t/a Superdry) as a further anchor tenant at its prime Milton Keynes
Victoria Street on a new 10-year lease
retail scheme, Midsummer Place.
at £155,000 pa. In both deals, King
The store, a combination of Units SU15 & SU16, was formerly occupied by West One and Bear Factory. It comprises
Sturge represented Bank of Ireland,
5,700 sq ft on the ground floor and 3,200 sq ft at first floor and will open for trade in April 2010. Superdry has taken the
which owns and manages the property
space on a 10-year lease
on behalf of a consortium of Irish
At the same time , H&M, an existing retailer within the scheme, has upsized by over 20 per cent, taking a further
investors.
4,600 sq ft to provide a total store size of 26,700 sq ft allowing it to carry its full childrenswear range. H&M took a new
11-year lease over the entire store.
letCHWortH
Jones Lang Lasalle acted for Cult Retail, Kitchen La Frenis Morgan acted for H&M and Strutt & Parker was letting agent.
Poundland has taken a new 10-year
lease at 18-24 Commercial Way in the
Garden Square shopping centre from

Bristol residential. King Sturge acted on behalf Partners represented Turnstone Circleroad and Flaskfront. The
Poundland has taken a new sub-lease, of the landlord, the trustees of SI King; Estates. commencing rent was £125,000 pa
expiring in September 2024, at The Western Ridge represented Patisserie and the property provides 7,500 sq ft
Horsefair, from Primark Stores. The Valerie.

Coventry of ground floor sales and 8,400 sq ft of
commencing rent is £255,000 pa and Poundland has taken a new 15-year first floor stock/staff space. Capital
the property provides 8,605 sq ft of

CardiFF lease at 10-12 Market Way, from Eire Retail was letting agent.
ground floor sales; 325 sq ft of ground Poundland has taken a new 10-year Precinct (in receivership). The
floor staff/stock space and 5,759 sq ft lease on Unit 5 Queens West, Queen commencing rent was £220,000 pa

neW Malden
of first floor staff/stock. Poundland was Street from Co-operative Insurance and the property provides 13,800 sq ft CB Richard Ellis Investors, on behalf of
represented by Jones Retail and Society. The commencing rent was of ground floor sales space and a Hampshire County Council Pension
Primark was represented by Hartnell £250,000 pa and the property 10,521-sq ft mezzanine. Poundland was Fund, has let a retail warehouse unit at
Taylor Cook. provides 4,799 sq ft of ground floor represented by Jones Retail and Eire 150, Kingston Road to Furniture Village
sales space, 4,731 sq ft of first floor Precinct was represented by Colliers on a new 20-year lease at an initial

Bristol stock/staff and 1,284 sq ft at second CRE. rent rate of £26.00 per sq ft. The
First Call Communications South West floor level. Poundland was represented 16,080-sq ft unit was formerly
has assigned its lease on Unit 34, The by Jones Retail and Co-operative

GriMsBy occupied by Currys, which has
Mall, Cribbs Causeway to Virgin Media. Insurance Society was represented by Virgin Media has acquired 57 Friargate simultaneously surrendered its
The unit comprises 252 sq ft on ground Calan Retail. Mall in the Freshney Place shopping leasehold interest and relocated into a
floor and is held on a lease expiring in centre on a new 10-year lease at new Curry’s megastore at nearby
March 2013 at £64,627 pax. Williams

CHelMsFord £80,000 pax. The property comprises Burlington Road. CBRE Investors was
Gunter Hardwick represented First Call Dreams has agreed to expand its 1,178 sq ft on ground floor plus a first advised by Edgerley Simpson Howe,
Communications and Virgin Media was bedding superstore at Turnstone floor. The lease incorporates a tenant- Furniture Village was represented by
represented by GVA Grimley. Estates’ £20m Army & Navy only option to break at the expiration of CWM. Montague Evans represented
development on Parkway. Dreams will year five. Williams Gunter Hardwick and Currys.

CanterBury add an additional 4,058 sq ft at a rent GVA Grimley represented Virgin Media
Patisserie Valerie has taken a new of £22.50 per sq ft to its existing while the lessor, Grosvenor Estate, was

staFFord
15-year lease at 23 High Street, a 7,509-sq ft store. The deal is represented by Jones Lang LaSalle. British Land,on behalf of the Hercules
prominent corner site that was coterminous with its 15-year lease Unit Trust, , has let Unit 4b at Queens
formerly occupied by Whittards of which expires in 2024. Other

KirKCaldy Retail Park, Stafford to Hobbycraft. The
Chelsea, now in administration. It will occupiers at the Army & Navy BrightHouse is the latest retailer to arts and craft retailer has taken 9,960
pay an average rental over the first five development on Parkway include an open a store in The Mercat Centre, sq ft on a new 15-year lease at
years of £51,000 pa for the unit which 81-bedroom Travelodge Hotel and completing a hat-trick of lettings in the £199,200 pa. British Land was
comprises ground floor retail of 1,000 TRG restaurants, Frankie & Benny’s mall. It has taken a 3,200-sq ft store on represented by Savills and Wilkinson
sq ft and two upper floors of and Chiquito. Januarys and Waring & a new ten-year lease at £70,000 pa, Williams.
SHOPPING CENTRE March 2010 www.shopping-centre.co.uk
26-SCMar10-Lettings.indd 26 16/3/10 14:57:58
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44