Want Space Got Space - Offices, retail and industrial space Want Space Got Space - News about how to find and advertise commercial property to let, rent or sell in England, Wales and Scotland including Offices, Warehouse, Commercial, Manufacturing, Shops and Retail.

 

Categories:

BNP Paribas Real Estate re-lets prime retail unit in Southampton's Above Bar Street

wantspacegotspace.co.uk - BNP Paribas Real Estate re-lets prime retail unit in Southampton's Above Bar StreetBNP Paribas Real Estate, the leading property adviser, has secured a swift reletting of the former Jessops store at 49 Above Bar Street, Southampton, on behalf of a London based property company client.

The prominent high street retail store was let to national multiple retailer, Holland & Barrett, on a new 10 year full repairing and insuring lease, at a rental of £125,000 pa, reflecting a zone A rental in excess of £200 per sq ft.

BNP Paribas Real Estate’s Andrew Shepherd said: “On behalf of our client, we quickly secured a solid national multiple retailer for this prime property, following the demise of Jessops. Two additional offers were received for the property, which goes some way to dispelling the myth that there is no future for high street retailing and strongly indicates that for prime shops in major towns, a good level of demand still exists.”

Posted by The Editor (wantspacegotspace) on 16th June 2013 (updated 24/06/2013)

Back to news list

 Surrey  Leeds  Leicester  Derby  Nottingham  Birmingham  Manchester  London  Essex  Milton Keynes  Northampton 
 Kettering  Cardiff  Basingstoke  Dorset  Shrewsbury  Bristol  Southampton  Reading  Bolton  Coventry  Swansea  High Wycombe 
 Corby  Rugby  Worcester  Chelmsford  Lincoln  Bedford  West Sussex  Doncaster  Wolverhampton  Telford  Croydon  Slough 
 Cornwall  Solihull  Sittingbourne  Luton  Watford  Portsmouth  Ashford  Greater Manchester  Fareham  West Malling  Kings Hill  Middlesex