Property Letting Update

RNS Number : 3376O

Sutton Harbour Holdings PLC

06 August 2014

 

6 August 2014

Sutton Harbour Holdings plc

("the Company")

PROPERTY LETTING UPDATE

Sutton Harbour Holdings, the AIM listed waterfront regeneration and destination specialist,is pleased to report completion of a property letting.

A new tenancy agreement has been completed for the 4,028 sq ft 3^rd floor of North Quay House overlooking Sutton Harbour.  The new tenant, Rame Energy plc, has signed a 10 year lease on terms that reflect the high quality, central location and good parking allocation of the office space around the Harbour.

This letting increases occupancy from 86.4% at 31 March 2014 to 88.3% and adds to the increasing focus of providing a professional business quarter for Plymouth around Sutton Harbour, which already accommodates two major regional accountancy practices, several legal practices and a number of other professional service firms.

The new tenant takes occupation with effect from August 2014.

Enquiries:

Sutton Harbour Holdings plc Jason Schofield - Chief Executive Natasha Gadsdon - Finance Director	01752 204186
Arden Partners Richard Day James Felix	0207 614 5917
Yellow Jersey PR Philip Ranger Anna Legge	07747 788 221

Notes to Editors

Sutton Harbour Holdings plc (SUH) is an AIM listed company specialising in marine operations, waterfront regeneration and destination creation in Plymouth and South West England.

The Company operates Sutton Harbour Marina, King Point Marina and Plymouth Fisheries. Operational activities include mixed use lettings, car parking and support services to harbour users, property management and regeneration and asset enhancement.

Sutton Harbour Holdings plc is committed to being the leading marine and waterfront regeneration specialist in Southern England, and to positioning Sutton Harbour in Plymouth as a destination of national interest.

 

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