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Rent Review – Motcomb Estates

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COSTA UNIT, ST JAMES RETAIL PARK, NEWCASTLE UPON TYNE

Ashwell Rogers were instructed by Motcomb Estates to undertake a May 2019 rent review on the above drive thru restaurant premises located at the entrance to St James Retail Park, West Denton, a suburb of Newcastle upon Tyne.

Following an inspection, collation of comparable evidence and examination of the lease, Ashwell Rogers entered into negotiations with the tenant and agreed a revised rental which showed a healthy 17% uplift on the passing rental.

For further information, please contact Ian Campbell on 020 7758 3288/07967 485 812 or via his email ian@ashwellrogers.com.