Property Letting Update

RNS Number : 9031F

Sutton Harbour Holdings PLC

26 February 2015

 

26 February 2015

Sutton Harbour Holdings plc

("the Company")

PROPERTY LETTING UPDATE

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

A new tenancy agreement has been completed for the 6,909 sq ft (642 m²) long term vacant Jamaica House premises at Guy's Quay, a prime waterfront site at the heart of the renowned Barbican area of Sutton Harbour, Plymouth.  The tenant, Boston Tea Party, has signed a 15 year lease subject to planning consent, adding a Plymouth location to its popular café/restaurant/bar concept. The new venue is expected to open in June 2015 and will join the artisan pizza and craft cider concept, The Stable, which opens its eighth outlet in a Company-owned property within the next few weeks.

The Company reports that its letting occupancy rate will increase to 93.3% with completion of this tenancy.

Enquiries:

Sutton Harbour Holdings plc Jason Schofield - Chief Executive Natasha Gadsdon - Finance Director	01752 204186
Arden Partners James Felix Ciaran Walsh	0207 614 5900
Yellow Jersey PR Philip Ranger	07768 534641

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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