Published: 15 November, 2005
? St Nicholas shopping centre, Sutton
Arshid Hussain, unrepresented, has taken an 18 month lease on a 300 sq ft unit at £6,900 pa. Golfrate Properties was represented by Hammond Phillips.
? MetroCentre, Gateshead
Gamestation, advised by Edwards Hardwick & Partners, has acquired a 1,596 sq ft unit plus first-floor storage by way of an assignment of an existing 25-year FRI lease, expiring 28 September 2012, with a review in June 2010. The rent is £112,000 pa exclusive. The John David Group was advised by Cushman Wakefield Healey & Baker.
? The Priory Centre, Worksop
Mr M Dunford, t/a Royal Coffee House and unrepresented, has taken a 15-year lease on an 861 sq ft unit at £12,500 pa. Active Retail Fund was advised by Donaldsons and Fisher Hargreaves Proctor.
? The Galleries shopping centre, Bristol
Hawkins Bazaar (Shops), advised by Edwards Hardwick & Partners, has taken a 1,679 sq ft ground-floor unit by way of a new five-year FRI lease at an initial rent of £95,000 pa exclusive. The Mall was advised by Hartnell Taylor Cook.
? Cardinal Place, London
Thorntons, advised by Churston Heard, has returned to Victoria having taken a 756 sq ft unit on a 10-year lease at £80,000 pa. Land Securities was advised by Dalgleish.
? Forum shopping centre, Sittingbourne
Gamestation, advised by Edwards Hardwick & Partners, has acquired a 1,048 sq ft ground-floor unit with first-floor storage by way of a new 10-year FRI lease, with a review at the expiration of year five. The initial rent is £28,000 pa exclusive. Scottish Widows Investment Partnership was advised by Jackson Criss.
? Arndale Centre, Morecambe
Gamestation, advised by Edwards Hardwick & Partners, has acquired a 1,141 sq ft ground-floor unit, with first-floor storage, by way of a new 10-year FRI lease, with a review at the end of year five, at an initial rent of £33,000 pa exclusive. Morecambe Investments was advised by Cheetham & Mortimer.
? Fletcher Gate, Nottingham
Two Seasons, advised by Norton Brown Properties, has taken a 3,000 sq ft unit on a 15-year lease at £105,000 pa. The fashion retailer is relocating from its existing store on Pelham Street. FH Fletcher Gate was advised by Fisher Hargreaves Proctor and Innes England.
? Dukes Walk shopping centre, Waterlooville
Green & Partners, on behalf of Insight Investment, has negotiated a surrender of Allsports' former 2,000 sq ft unit and re-let it to Edinburgh Woollen Mill on a new 10-year FRI lease at a commencing rent of £47,5000 pa. Allsports was advised by Jackson Criss while Edinburgh Woollen Mill was introduced to the property by Stalder & Company.
? Haverhill retail park, Haverhill
Halfords, advised by Colliers CRE, has pre-let a new 4,000 sq ft unit being built next to the existing Focus store, on a 15-year lease at £54,000 pa. Kier Property was advised by Savills.
? Blackburn shopping centre, Blackburn
Hampsons Bakers, advised by Brady Chartered surveyors, has taken a new 10-year lease on a unit consisting of 1,027 sq ft of ground-floor sales and 455 sq ft of basement storage, commencing at £76,500 pa. The Mall Corporation was advised by Tushingham Moore.
? Orchards shopping centre, Haywards Heath
Tesco, t/a Tesco Express and advised by Morgan Williams, has agreed a 15-year lease on a 6,500 sq ft unit at £65,000 pa. F&C Property was advised by Gooch Cunliffe Whale and Jackson Criss.