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GCW delivers Brighton big store rent rise

29th October 2017

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GCW has used its market expertise and local knowledge to achieve a rental increase at rent review on a big store in Brighton.

The store on Weston Road is let to New Look and has seen a rent increase £600,000 to £617,500 pa

GCW negotiated with the tenant, acting for Royal London Asset Management in the rent review with 10 years left on the lease.

“The rental uplift was achieved through our experience on big stores and ongoing work in Brighton. The increase is important for the landlord in the long-term and delivered a significant uplift in capital value,” says GCW director Clive Gillingwater.

 

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Contact clive.gillingwater@gcw.co.uk   

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