Stiles Harold Williams - Retail Letting - Borehamwood, Shenley Road

Date: 25 Nov 2002

Stiles Harold Williams, acting on behalf of CG Property, has let retail premises at 51 Shenley Road, Borehamwood to J&N Casual Menswear Ltd.

The property comprises an 822 sq ft ground floor shop unit located adjacent to Londis with Boulevard Shopping Centre at the rear. A new 15-year FRI lease has been granted at a rental of £16,500 per annum exclusive, subject to a rent review after 5 years and a short rent-free period.

There was considerable interest in the property and an unofficial tender situation resulting in the highest rent being achieved in this location at a Zone A of £33.26.

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