An agreement to lease subject to enabling works has now been signed on the 3,500 sq ft of commercial space at 452/458 New Cross Road, a mixed used development bought on the 16th of February 2015.
The tenant is a London covenant D&J Nails who have 3 successful shops already in central London specialising in hair, nail and beauty products.
A 15-year lease was signed and the rent is £80,000 p.a.
Mark Poyner at Brasier Freeth http://www.brasierfreeth.com acted for Red Kite in the letting.
Red Kite on behalf of The Private Equity owner will now push on with the planning and residential development on land to the rear for a nine-unit scheme in conjunction with H&H - London residential development specialists.