Taylor Woodrow continues its letting success at its 10,039 sq m (108,000 sq ft) Dukes Walk Shopping Centre in Waterlooville

Feb 13 2001

Taylor Woodrow Property Company has continued its letting success with over 85% of total floor space let to mainstream retailers at its 10,039 sq m (108,000 sq ft) Dukes Walk shopping centre in Waterlooville, Hampshire.

The scheme is anchored by a 3,902 sq m (42,000 sq ft) Waitrose foodstore.

The initial letting was to Wilkinsons who has acquired a 2,044 sq m (22,000 sq ft) store.

Five of the remaining units within the main part of the scheme are let to other mainstream retailers:

• Bon Marche has acquired a store of 559 sq m (6,020 sq ft) at £50,000 per annum.
• Savers Health and Beauty has acquired a store comprising 281 sq m (3,029 sq ft) for £38,000 per annum.
• Choices Video has taken a store of 473 sq m (5,094 sq ft) at £51,000 per annum.
• Robert Dyas has taken a 396 sq m (4,266 sq ft) unit at £48,000 per annum.
• KJC Mobile Phones has taken 80 sq m (859 sq ft) at a rent of £22,750 per annum.
• Fitness First Plc has acquired a unit above Wilkinsons comprising 883 sq m (9,500 sq ft).

The majority of the leases are held on terms of 15 years subject to five-yearly upward-only rent reviews. A number of the remaining units are under offer.

James Henderson, director at Taylor Woodrow Property Company, comments: "We have achieved headline rents on the scheme well above that achieved elsewhere in the town."

Agents on the scheme are Vail Williams and Colliers CRE.

For further information:

Sophie Eastwood
Aylwin Communications
Tel: 020 7497 9707

Notes to editors:

Taylor Woodrow is an international leader in housing and property with integrated specialist constructio