February 2006
Following the demise of Allders, Gooch Cunliffe Whale have relet the anchor store in The Forum Shopping Centre to Beales, the Bournemouth based department store.
The lease is granted for a term of 25 years at a minimum initial rent of £300,000 per annum rising to a minimum rent of £325,000 per annum. In addition to the minimum rent a turnover related rent will also be payable.
The letting to Beales completes The Forum Centre that includes Sainsburys Supermarket, and stores let to TK Maxx, Blacks and Cargo. The Beales store provides approximately 42,500 sq ft of floor space.
Keith Whale
020 7647 4800
keith.whale@gcw.co.uk