Posted Tuesday, August 31, 2010
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Barratt takes a 10-year lease on Sauchiehall Street
Stewart McIntosh

CB Richard Ellis (Scotland) has completed a letting at 169 Sauchiehall Street, Glasgow, on behalf of London-based property investment company, Winston Group.
 

Footwear retailer Barratts has renewed its lease on the entire unit 2800 sq ft two-floor unit, on a new ten year lease at a rental of £137,500 a year. CBRE recently sold 169 Sauchiehall Street for £1.3m on behalf of Deloitte to Winston Group and was retained as letting agent for the property.
 

Kevin Sims, retail director, CB Richard Ellis (Scotland), said:  "This letting confirms continued demand for Sauchiehall Street for well positioned units at sustainable rental levels."
 

CB Richard Ellis (Scotland) represented Winston Group; Barratts was unrepresented.

 

www.cbre.com

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