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News : Retail deals : 2009 : March
Unit 4 Leven Retail Park, Leven
Legal & General UK Property Trust has let Unit 4 Leven Retail Park, Leven to Acorn Pet Centres Ltd.
The retail warehouse comprises a gross internal area of 7,137 sq ft (663.00 sq m) and has been let for 15 years at a rental of £85,644 per annum, equating to £12 per sq ft.
Acorn Pet Centres Ltd was represented by Culverwell; Legal & General UK Property Trust was represented by Eric Young & Co.
Surveyor responsible: Suzanne Boobis
Unit 39 Kingsgate Shopping Centre, Dunfermline
Crosslands Properties Ltd has let Unit 39 Kingsgate Shopping Centre, Dunfermline to DH Gorn t/a Shmooz.
The unit comprises 1,305 sq ft (121.24 sq m) of ground floor sales space with an additional 405 sq ft (37.63 sq m) on the first floor. It has been let for 10 years at an undisclosed rental.
Crosslands Properties Ltd was represented jointly by Eric Young & Co and Cushman & Wakefield.
Surveyor responsible: Kevin Hughes
Unit 17 Buchanan Galleries, Glasgow G1 2GF
T-Mobile has acquired a new lease at Unit 17 Buchanan Galleries, Glasgow to Buchanan Partnership.
The unit comprises 1,781 sq ft (164.46 sq m) of sales space and has been let for 15 years at a rental of £220,000 per annum with a 3 months rent free period.
Buchanan Partnership was represented by Culverwell; T-Mobile was represented by Eric Young & Co.
Surveyor responsible: Kevin Hughes
156 Buchanan Galleries, Glasgow G1 2LL
Optical Express has sublet its lease at 156 Buchanan Galleries, Glasgow to Virgin Media.
The unit comprises 810 sq ft (75.27 sq m) of ground floor sales space with and additional 545 sq ft (50.65 sq m) of storage space in the basement. The sublease expires 16 January 2022 and the rental is £134,000 per annum.
Virgin Media was represented by Williams Gunter Hardwick; Optical Express was represented by Eric Young & Co.
Surveyor responsible: Kevin Hughes
Unit 63/64 The Piazza Centre, Paisley PA1 1ES
Threadneedle Property Investments Ltd has let Unit 63/64 The Piazza Centre, Paisley to Paddy Power Bookmakers.
The unit comprises 3,060 sq ft (284.28 sq m) of ground floor sales space with an additional 1,409 sq ft (130.90 sq m) of storage space in the basement and has been let for 15 years at a rental of £36,500 per annum.
Paddy Power Bookmakers was represented by DTZ; Threadneedle Property Investments Ltd was represented jointly by Eric Young & Co and Montagu Evans.
Surveyor responsible: Kevin Hughes
106-108 Market Street, St Andrews KY16 9PB
Killylane Properties has let 106-108 Market Street, St Andrews to Cult Retail LLP.
The unit comprises 2,558 sq ft (237.65 sq m) of ground floor sales space and has been let for 15 years at a rental of £88,000 per annum.
Cult Retail LLP was represented by Jones Lang LaSalle; Killylane Properties was represented by Eric Young & Co.
Surveyor responsible: Kevin Hughes
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