34-38 Woodhouse Lane, Merrion Centre is let to Wilkinson

Town Centre Securities PLC are please to announce the letting of 34-38 Woodhouse Lane, Merrion Centre, Leeds to Wilkinson Hardware Stores Ltd.

Helen Beckett of Town Centre Securities said of this letting; “Following lettings to Costa Coffee and Sainsburys Local in 2007, and Nevisport in early 2008, we are delighted to announce this latest Woodhouse Lane letting to Wilkinson. This letting is on the back of the facia and elevation redevelopment work and confirms our view that Woodhouse Lane is a rapidly improving retail location in Leeds. This letting leaves one last remaining opportunity within the parade.”

Steve Henderson of Savills said; “We are please to have agreed terms with Wilkinson for their new trial concept for Leeds of 6,000 sq ft, due to open in May 2008. This leaves one remaining unit within this first phase of the redevelopment proposals, where we already have several expressions of interest from national and regional retailers. It is very positive for Merrion that we are able to secure pre-lets before completing the works.”

Letting details:

Floor Areas: Ground Floor (Sales) 6053 sq ft (346 sq m)
Landlords: TCS Holdings Ltd
Tenant: Wilkinson Hardware Stores Ltd
Lease: 15 year effectively full repairing and insuring lease subject to 5 yearly upward only rent reviews
Rent: £135,000 per annum exclusive
Landlords Agents: Savills (0113 244 0100)
Harmer Ray Hoffbrand (0207 499 5399)
Tenants Agents: Central Retail (0113 244 8668)