Smith Price - Leeds, 28D White Rose Shopping Centre

Date: 11 Mar 2010

Shopping centre unit let in Leeds.

White Rose, Leeds (28D White Rose Shopping Centre) offers a ground floor sales of 330 sq.ft. and has been acquired on the basis of a new ten year lease subject to an upward only rent review at the end of the fifth year at a commencing rental of £39,000 p.a. or 9% of turnover, whichever is the greater.

A rent-free period of four and a half months was granted to ShakeAway Ltd. In addition, the lease is subject to a tenant only break clause at the end of the fifth year of the term.

ShakeAway Ltd were advised by Smith Price LLP, whilst the landlord, Land Securities, was represented jointly by Lunson Mitchenall and Brassington Rowan.

Where do I go now?: » View the latest news items » View the news archive » Subscribe to Weekly Property Newsletter » Submit news