Lovells - Retail Letting - London W1, 272 - 274 Oxford Street

Date: 03 Jul 2002

Job: Letting of 272 - 274 Oxford Street, London W1 to The Carphone Warehouse Limited.

Client: Coal Pension Properties Limited.

Fee Earners: Ann Towndrow.

Value: £815,000 per annum for a term of 15 years.

Status: Completed - 24 June 2002.

Further Details: Lovells acted in connection with the surrender of the old Lease of the above premise from the Gadget Shop and the grant of a new lease to The Carphone Warehouse Limited. A record rent of £500 per sq foot was established, for the first time in Oxford Street since 1998.

Other Advisers: David Wyatt of Clyde & Co acted for both The Gadget Shop in connection with the surrender and The Carphone Warehouse in connection with the new letting.

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