Thursday, 3 February 2011

Life & Style in Ex-Woolworths store

Life & Style in Ex-Woolworths store

PROPERTY adviser GVA has completed the letting of ground and first floors of the former Woolworths store in the centre of Swansea.

The property at Oxford Street has been let to retailer Life & Style, on behalf of landlord K/S Asschenfeldt.

Comprising 11,925 sq ft on both ground and first floors, the retailer took a 10-year lease at a rent of £225,000 pa, with a 12-month, rent-free period.

This acquisition is part of an expansion plan for the fashion and home brand, which is seeking to acquire more units nationwide. The brand was formed in March 2010 following purchase of the former Ethel Austin and Au Naturale chains.

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