On behalf of the Hunter UK Retail Unit Trust, Hunter has completed a new lease to Specsavers over Unit 6, 24-26 The Martlets in Crawley. The new lease is for a duration of ten years.
The unit was previously occupied by Carphone Warehouse which paid a premium to surrender its lease prior to Specsavers’ occupation, completing the transaction on a back-to-back basis resulting in no loss to the anticipated cashflow position.
TW Keil advised Hunter on negotiations with Specsavers and Carphone Warehouse, with legals completed by Forsters. The property is managed by Reith Lambert.