Royal London Asset Management, advised by Edgerley Simpson Howe, has let a newly created store at Century Retail Park in Watford to Pets at Home.
Pets at Home will take the 9,722 sq ft store, which was previously occupied by Comet, on a new lease expiring December 2024 at a rent of £33.00 per sq ft.
Comet have agreed to downsize their existing store to make room for Pets At Home who open in March next year. Comet will remain trading throughout the process and have a lease also expiring in 2024 on a unit of 9,903 sq ft.
Other retailers on the scheme include Toys R Us, Hobbycraft, Halfords, Currys and Furniture Village.
Edgerley Simpson Howe acted for Royal London
Stephen Smart & Co acted for Comet
Curson Sowerby Partners advised Pets At Home.