Rapleys acquire new store on behalf of Red Recruitment

Rapleys recently acted on behalf of Red Recruitment to acquire c.2,100 sq ft. of retail space on The Oxebode, Gloucester.

The lease was for a ten year term at an initial rent of £17,000 per annum with Red Recruitment benefitting from a rent free period and tenant only breaks. Rapleys also successfully obtained a change of use for the property from A1 to A2.