CB Richard Ellis Secures Barratts for Sauchiehall Street, Glasgow

31 August 2010 – CB Richard Ellis (Scotland) has announced the completion of a letting at 169 Sauchiehall Street, Glasgow on behalf of London-based property investment company, Winston Group.

Barratts, the leading footwear retailer, has renewed its lease to occupy the entire unit, extending to 2,800sq ft over two floors, on a new ten year lease at a rental of £137,500 pa.

CBRE recently sold 169 Sauchiehall Street for £1.3m on behalf of Deloitte to Winston Group and was retained as the lettings agent for the property.

Kevin Sims, Retail Director, CB Richard Ellis (Scotland), commented: “This letting confirms continued demand for Sauchiehall Street for well positioned units at sustainable rental levels.”

CB Richard Ellis (Scotland) represented Winston Group; Barratts was unrepresented.