Acting on behalf of Unite Group plc, Monk & Partners have let the ground floor retail space of St Teresa House, Ebrington Street, Plymouth to Tesco Express.
Situated on the end of the Ebrington Street shopping thoroughfare and beneath a 350 bed student block, Tesco Express have taken approximately 4,000 sq ft of space on a new lease at a commencing rental of £40,000 per annum exclusive.
John Slade of Monk & Partners comments, “This is a significant letting for Ebrington Street and part of this retail unit has been vacant since the development of the Unite’s St Teresa House student block in 2001. The remaining part became available recently following the closure of the Staybrite Windows”.
“The units are prominently located fronting one of the main eastern exit routes from the city centre serving a substantial residential area”.