Rockspring Lets 77A George Street to Paperchase on a 15-year Lease
12th December 2006
Retail Plus Property Trust has let 77a George Street, Edinburgh to Paperchase on a 15 year lease at a rental of £180,000 per annum.The unit forms part of the former Aitken & Niven Department store which is a landmark building on George Street. The premises comprise 2,691sqft over ground floor and 2,519sqft at basement level. Paperchase is a wholly owned subsidiary of Borders Books and Retail Plus is delighted to have attracted such a successful retailer to the development. The landlord’s agents are currently marketing the adjacent unit which offers a flagship opportunity of almost 10,000sqft over three floors.The landlord was represented by Ryden and Kitchen La Frenais Morgan;Paperchase was advised by CB Richard Ellis.
