11/9/20 – Co-Op adds to their presence in St Albans with city centre store

Aitchison Raffety, a leading practice of chartered surveyors and town planners, has completed the letting of 40 London Road, St Albans, Hertfordshire, to the Co-Operative Group Food Ltd.

The ground floor retail unit comprises 4,690 sq ft (435.70 sq m) and is situated in a prominent city centre location on a main arterial route into St Albans.  The Co-Operative Group has taken a new 15 year effectively full repairing and insuring lease with five yearly rent reviews.  A rent of £95,300 pa was agreed.

The private landlord was advised by Aitchison Raffety and the Co-Operative Group Food Ltd was represented by Montagu Evans.

For further information please contact Matthew Bowen at Aitchison Raffety on 01727 843 232, matthew.bowen@argroup.co.uk.