Smith Price - Exeter, 22a The Guildhall Shopping Centre, Exeter
Date: 09 Feb 2010
ShakeAway acquire further new store.
Exeter (22a The Guildhall Shopping Centre) offers a ground floor sales of 1,013 sq.ft. together with 144 sq.ft. of ground floor ancillary and has been acquired on the basis of a new ten year lease subject to an upward only rent review at the end of the fifth year at a commencing rental of £35,000 p.a. excl. ShakeAway Ltd received the benefit of a 6 month rent-free period and a period of 6 months at half rent.
ShakeAway Ltd were advised by Smith Price LLP, whilst the landlord, Aviva, was represented jointly by Macarthur Wilson and Jackson Criss.
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