Business
New Letting Agreement
New Letting Agreement.
About this update from Cls Holdings Plc
[{"type":"text","content":"\n \nEmbargoed Release: 07:00hrs Thursday 8 October 2009\n\n CLS HOLDINGS PLC (\"CLS\") \n\n ANNOUNCES THE LETTING OF 473 SQ M (5,096 SQ FT) \n AT GREAT WEST HOUSE, BRENTFORD, TW8 \n\nThe Board of CLS is pleased to announce the letting of 473 sq m (5,096 sq ft)\non the 10th floor of Great West House, Brentford to Medical Professional\nPersonnel Ltd.\n\nThe new lease is for a term of five years, and is subject to a rent-free period\nof nine months and a tenant break option at the end of the third year. The rent\nof £91,728 p.a. (£194 psm / £18 psf) rises to £96,824 p.a. (£205 psm / £19 psf)\nafter two years. The space has been fully refurbished with new air conditioning, \na new raised floor and new ceiling, and new lighting and decoration.\n\nMedical Professional Personnel Ltd was attracted to Great West House by the\nquality of the accommodation offered and the onsite facilities, which include a\ngymnasium and restaurant, each for the exclusive use of the tenants. There\nremains 3,530 sq m (38,000 sq ft) available to let of fully refurbished offices\nfrom 46 sq m (500 sq ft) at £210 psm / £19.50 psf at Great West House through\njoint letting agents Hanover Green and Hargreaves Newberry Gyngell.\n\nOther commercial occupiers within Great West House include Allianz Insurance\nPlc and Global Refund Ltd.\n\nExecutive Chairman of CLS, Sten Mortstedt, commented:\n\n\"We are very pleased to let another floor at Great West House and welcome\nMedical Professional Personnel Ltd. This letting continues to demonstrate the\nbenefit of providing good quality office accommodation on a well managed site\nwith flexible terms.\"\n\n -ends- \n\nFor further information, please contact:\n\nSten Mortstedt, Executive Chairman\nHenry Klotz, Chief Executive Officer\nCLS Holdings plc\nTel. +44 (0)20 7582 7766\n\nwww.clsholdings.com\n\n\n \n ","length":2038,"tagName":"div"}]