April 2016
Acting for the owner of King Edward Court, Aberdeen Asset Management, GCW has agreed a deal for Timpson to relocate to a unit next to the main shopping centre entrance to the car park and Waitrose, where it has built a bespoke kiosk. Stationary retailer, Smiggle takes a reconfiguration of Timpson’s old unit moving to 600 sq ft at £65,000 pa on a 10 year lease with a tenant break at the fifth year. The deal takes rents to a record level for the centre at £130 Zone A.
Elsewhere in Windsor, GCW has secured deals for two private landlords. It let 135/136 Peascod Street to White Stuff on a 10 year lease at £120,000 pa. The unit is 1,793 sq ft on ground floor with 766 sq ft at basement level. It also let the store opposite at 13 Peascod Street to tea retailer, T2 who takes the 984 sq ft ground floor unit with 375 sq ft upstairs at £72,500 pa.
Contact nick.warr@gcw.co.uk