Williams Gunter Hardwick completes Devon retail deals

Virgin Media Limited has acquired 75.06 sq m (808 sq ft) of ground floor sales with basement storage at 2, Guildhall Shopping Centre, Exeter by way of a new 5 year effectively full repairing and insuring lease, by way of service charge, with tenant break at the expiration of year 3 from April 2018.

The initial rent is £50,000 per annum exclusive.

Williams Gunter Hardwick represented Virgin Media, whilst the Landlord, CIP Property (AIPT) Ltd, was represented by Jackson Criss.

Goss Bros. Ltd trading as Spar has acquired 358 sq m (3,863 sq ft) ground floor lock up shop at 88-90, High Street, Honiton by way of a new sub-lease from April 2018 to expire February 2025.

The initial rent is £35,000 per annum exclusive.

Williams Gunter Hardwick represented the head lessor, Booker Retail Partners GB, whilst Goss Bros. Ltd were represented by Huntley and Partners.