Quick retail letting in Dewsbury, West Yorkshire
On behalf of a private client, Banks Long & Co has let 7 Northgate, Dewsbury to Cash Converters who now operate just under 130 stores around the UK.
The tenant has taken a 10 year lease at a commencing rent of £16,500 per annum rising to £17,000 per annum in the second year. The property lies to the north of the Market Place and has a sales area of 88.07 sq.m (948 sq.ft) with 97.46 sq.m (1,049 sq.ft) of storage accommodation on the upper floors. Mark Brearley & Company acted as joint agents.
John Gouldthorp of Banks Long comments ‘We were pleased to be able to secure a new tenant within 3 months of instruction. Dewsbury town centre was hit hard with the news of closure of Marks & Spencer last October however their unit has now been snapped up by discount fashion retailer, Peacocks. Cash converters were also attracted by the demographics of the town.’
