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Waitrose backs Epsom performance

20th September 2017

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GCW has agreed terms with Waitrose to regear its lease at Epsom’s Ashley Centre on behalf of owners CBRE GI.

In the latest illustration of the strong trading performance at the centre, Waitrose has agreed a lease for a further 10 years from September 2018. The deal sees the rent rise to £375,000 pa on the 29,500 sq ft store. Waitrose will also undertake a £3 million refurbishment of the store.

A comprehensive lease renewal programme undertaken by GCW director Lisa Manley including Starbucks, Body Shop, Vodafone, Thomas Cook has also been completed and the centre is now fully let.  Pret a Manger are due to open later this year.

Contact duncan.kite@gcw.co.uk

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