UKCM secures electrical retailer for St George’s Retail Park
UK Commercial Property REIT Limited has announced that it has completed a lease renewal with Currys DSG on a 14,518 sq ft retail unit at St George’s Retail Park in Leicester.
DSG, the parent company of several electronics retailers including Currys and PC World, signed the 10 year lease renewal at a rent in line with ERV, with a fixed uplift following the expiry of the previous lease in November 2019.
Will Fulton, lead manager of UKCM at Aberdeen Standard Investments, said: “St George’s Retail Park is one of Leicester’s primary retail destinations and this latest renewal secures a key operator for a 10 year term. St George’s continues to improve and provides consumers a quality offering.”
UKCM was advised by Harvey Spack Field and Morgan Williams.