Leisure and retail specialist Farrho Developments has fully let its £6m Kettering Leisure Park, Nottinghamshire.
Odeon Cinemas has taken 3,250 sq m (35,000 sq ft) for an eight-screen cinema on a 25-year lease at the 2.63ha (6.5 acre) development on the A14 near Kettering. It is understood that Odeon is paying just under £107.64 per sq m (£10 per sq ft) for the unit.
The remaining 1,616 sq m (17,395 sq ft) is let to three separate restaurant outlets – Tom Cobleigh, Luminar Leisure and City Centre Restaurants – on 25-year leases with no break clauses or incentives. They are paying between £145.32 per sq m (£13.50 per sq ft) and ·183 per sq m (£17 per sq ft).
Drivers Jonas represented Farrho Developments.
EGi News 25/02/97
