Standard Life serves up Kutchenhaus in Sutton Coldfield

Standard Life Assurance Company, represented by Edgerley Simpson Howe, has let a store at its Princes Alice Retail Park in Sutton Coldfield to Kutchenhaus.

The retailer is taking the 4,975 sq ft unit on a new 10-year lease at a rent of £154,225 a year, which equates to £31 per sq ft.  The lease is subject to a three month rent free period and a tenant only break option.

Sanderson Weatherall advised Kutchenhaus.

(Oct 2009)