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18 May 2012

Deals Done

Unit 3 Priory Retail Park, Colliers Wood

Toys R Us are currently fitting out the former Harveys furniture unit at the Priory Retail Park in Colliers Wood, South London.  A new full repairing and insuring lease for a term of 20 years was agreed subject to five yearly rent reviews and a commencing rent of £344,284 for a unit which comprised 10,126 sq ft on the ground floor and a trading mezzanine of 8,631 sq ft.  The tenant received a large capital contribution in addition to rent free.  The unit suffered fire damage following the August riots but this did not prevent the tenant from taking occupation the following week.

Other tenants on the park include Currys, PC World, and Mothercare.  For further information please contact David England on 020 7758 3284.

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