Client: British Land / Tesco JV
Wilkinson Williams advise the British Land/Tesco JV on their Clifton Moor Phase 1, York. Following Wickes’ decision to vacate their unit on lease expiry in June 2013, we advised on the redevelopment and reletting of the space they occupied, resulting in new lettings to DFS, Oak Furniture Land, Wren Living and Harveys. JYSK, an existing tenant on the scheme, were also relocated and right sized as part of the project.
The new glazed elevations have dramatically improved and modernised the appearance of the scheme and will be the catalyst for ongoing improvements. The rental values achieved averaged in excess of 25% higher than the previous passing rent.
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