Thompsons are delighted to announce the successful letting of the tyre and exhaust centre on Newport Street, Old Town on behalf of private clients.
Stephen Brickell of Thompsons commented “We are delighted to have successfully agreed terms of a letting of this prominently situated premises on Newport Street to a national tyre and exhaust company Hi Q Tyres & Exhausts on behalf of our client.
“Having successfully advised our client for some time we have been fortunate to successfully manage the departure of the former tenant, also a national company, and then to have subsequently agreed terms of a letting to Hi Q. The property comprises a 4 bay purpose built tyre and exhaust centre with first floor stores and staff room and large forecourt to the front. The property extends to 6,583 sq ft and we are very pleased to have been able to agree terms for a long term lease to such a strong and successful national company. The asking rent was £40,000 per annum.”