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Culver Square now fully let!

Culver Square now fully let!

Green and Partners have advised M&G on the split of the former GAP unit in Culver Square, Colchester and secured lettings two new entrants to the town – Hotel Chocolat & Tiger. The unit was the last remaining void in the scheme which now sees Culver Square fully let for Christmas.

For further information on future asset management options, please contact Matt Beardall or Mike Willoughby.

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Cutty Sark Shopping Centre Welcomes Vodafone

Cutty Sark Shopping Centre Welcomes Vodafone

Acting on behalf of LaSalle, Green and Partners have let the former Carphone Warehouse to Vodafone by way of a new 10-year lease at £75,000 pax. The unit is arranged on ground floor of approx 570 sq ft and a first floor of approx 370 sq ft.

For further information please contact Paul Cooper.

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Nationwide relocate in Reading

Nationwide relocate in Reading

Acting on behalf of CBREgi, we advised on a surrender of the H&M lease which expired in 2019. Terms were agreed for a simultaneous reletting to Nationwide on a new 15-year lease at a rent of £310,000.

Following the letting, G&P have been retained by the landlord of the existing Nationwide at 99 Broad Street. For further information please contact Adam Bindman or Matt Beardall.

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Foot Locker Sign Up in Leeds

Foot Locker Sign Up in Leeds

Acting on behalf of LaSalle, Green and Partners have let the former Costa Coffee at 133 Briggate, which offers approx 1,800 sq ft on ground and 1,500 sq ft on basement, to Foot Locker by way of a new 10-year lease at £270,000 pax.

We are marketing the adjacent former Gap unit which offers 10,000 sq ft of sales over 3 floors.

Please contact Paul Cooper for further information.

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Poundland in Harrow Sold to a Private Investor

Poundland in Harrow Sold to a Private Investor

Green & Partners advised LaSalle Investment Management on the sale of 304-308 Station Road, Harrow.

The sale completed in November 2017 for £1,815,000 reflecting a Net Initial Yield of 5.03%. The property is entirely let to Poundland Limited on a full repairing and insuring lease for a term of 10 years from 19th August 2009 expiring on 18th August 2019. The tenant has signed a 5 year reversionary lease from the 19th August 2019 subject to an upward only rent review in August 2019.

For more information please get in touch with Ed Smith or Patrick Over.

 

 

 

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Tesco Express Sign Up in Winchester

Tesco Express Sign Up in Winchester

CBRE Global Investors, advised by Green & Partners, have agreed a new 20-year lease with Tesco at Unit 5 121/122 High St Winchester at a commencing rental of £200,000 per annum exclusive.

The unit, comprising circa 5,000 sqft over 3 floors, fulfils a long-standing requirement for the retailer.

For further information please contact Mike Willoughby.

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Double APC Success

Double APC Success

Green & Partners are delighted to announce that Simona Malinova and Chris Bourchier have both recently qualified as Chartered Surveyors.

Their achievements ensure that our APC pass rate remains at 100% – a track record we are extremely proud of. Simona and Chris will continue their roles within the Investment and Lease Advisory teams respectively.  Well done both!

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The Ivy Grows in Winchester

The Ivy Grows in Winchester

Standard Aberdeen, advised by Green & Partners, have agreed a new 25 year lease at 103/104 High St Winchester with Troia UK Restaurants Limited, trading as The Ivy Brasserie.

The premises which comprise basement, ground, first and second floors have been let at a commencing rental of £320,000 per annum exclusive.

For more information please contact Mike Willoughby.

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Pret A Manger Expand in Kingston-Upon-Thames

Pret A Manger Expand in Kingston-Upon-Thames

Green & Partners, on behalf of L&G, have agreed a new 15 year at 1 Church St and 23 Market Place Kingston-Upon-Thames with Pret A Manger (Europe Limited) at a commencing rental of £240,000 per annum exclusive.

Pret are due to open at the end of November for Pre-Christmas trade and it will be their second store in the town.

For more information please contact Mike Willoughby.

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Green & Partners Sell 33 New Canal, Salisbury

Green & Partners Sell 33 New Canal, Salisbury

Green & Partners sell 33 New Canal in Salisbury for £1,205,000. The sale completed at the end of October reflecting a Net Initial Yield of 5.88%.

The premises are in a prime, prominent position of New Canal at the entrance of Old George Mall. Occupied by Russell & Bromley, the tenant uses ground floor as sales and first floor as ancillary. At ground floor level the unit benefits from a glazed return frontage into the shopping centre.

Russell & Bromley Ltd have a full repairing and insuring lease terms for 15 years from 16th February 2009 expiring 15th February 2024 (6.7 years unexpired). The property produces an annual income of £75,000 per annum.

For more information, get in touch with Ed Smith or Patrick Over.

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