Supermarket chain signs 20-year lease

The Oxford Times: Supermarket chain signs 20-year lease Supermarket chain signs 20-year lease

MORRISONS has taken out a 20-year lease on its site in Cowley Road, Oxford.

The supermarket chain, which opened the convenience store in December, will pay £70,000 a year for the site at 381 Cowley Road.

Savills let the 5,130sq ft premises to the supermarket chain on behalf of a private landlord.

Savills director Nick Berrill said: “We are pleased with the letting to Morrison which is a strong national operator.”

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10:04pm Fri 21 Feb 14

faatmaan says...

anybody got a vested interest Savills ?, a more newsworthy story should be about the lack of long term residential lets ?
anybody got a vested interest Savills ?, a more newsworthy story should be about the lack of long term residential lets ? faatmaan
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