Best Buy bites the bullet in Bristol

ESH, acting on behalf of Aviva Investors, have let a unit on Centaurus Retail Park at Cribbs Causeway to US electrical retailer Best Buy.

ESH, acting on behalf of Aviva Investors, have let a unit on Centaurus Retail Park at Cribbs Causeway to US electrical retailer Best Buy. The deal represents Best Buy’s seventh sotre in the UK after Thurroock, Hedge End, Merry HIll, Aintree, Croydon and Derby. The unit comprising 39,934 sq ft has been let on a new 10 year lease at a rent eqauting to £31.00 per sq ft. Nick Howe of ESH said ‘Cribbs Causeway is the dominant out of town retail destination for the south west of England and this is a good deal for Aviva and gives Best Buy good store in an important location.’ Other occupiers in the area include John Lewis, Asda Walmart, Tesco Homeplus, Toys R Us, Halfords, TK Maxx and Maplin. (Jan 2011)