Leadenhall Market
25/10/2021 by Buildington

Levy Real Estate has advised City of London Corporation on the recent lease re-gear with Reiss at Leadenhall Market in the City of London.

Reiss have signed up to a new 5-year lease, subject to a break at year 3 and will be paying a turnover linked rent, subject to base rent.

Greg Stalcup, Partner in Levy Retail team commented: “We are delighted to have advised the City Corporation on this lease re-gear. Reiss are a great British brand who are a perfect fit for Leadenhall Market and the turnover linked rent arrangement ensures the rent they pay from now on is directly linked to store performance, de-risking their occupation”.

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