Superdrug, Richmond, London
30 October 2007
Rent review for AXA Real Estate Investment Managers of this high street retail unit
Location: 9-10 George Street, Richmond
Client: AXA Real Estate Investment Managers
Property type: General Retail
King Sturge acted for the Landlord on the rent review of this high street retail unit which went to Arbitration. The major issues were the frontage to depth, the validity of the first floor sales and the Zone A rent. The rent awarded was £320,000 pa which exceeded the external valuation by 22%. The review was successful on all valuation issues.