Card Factory has set a record rent for the Broadmead shopping centre in Bristol city centre, taking 65 Broadmead on a lease from Morley Fund Management.
The company has taken a lease on the 1,100 sq ft (100-sq m) ground floor shop, with additional accommodation on the first and second floors, at a starting rent of£120,000 a year. This reflects more than£190 Zone A, a record rent for the shopping centre.
Andrew Capes, partner at letting agent Hartnell Taylor Cook, said: 'This rent level demonstrates that there is a lot of pent-up demand from retailers for units of the right size and location in Broadmead. We had substantial interest and competition for this store.'
Hartnell Taylor Cook and Jones Lang LaSalle acted on behalf of Morley Fund Management. Fawley & Booth acted for the tenant.
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