Aviva Investors and Scottish Widows have signed Wren Kitchens to take the remainder of the former PC World (Unit A2), which extends to 11,786 sq ft, on a new 10 year lease at £33.00 per sq ft. This is the 4th and final deal in a complicated asset management strategy, which has delivered new flagship stores for Next and Currys PC World, and a new store for Oak Furniture Land. Currys PC World have opened and the new store is turning over significantly more than the old stores combined. Next are due to open on 21 November and both Wren and Oak will open by the end of 2013.
Wilkinson Williams acted on behalf of Aviva Investors and Scottish Widows.
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