PROPERTY LEASE UPDATE

RNS Number : 4237L

Sutton Harbour Holdings PLC

27 April 2015

 

27 April 2015

Sutton Harbour Holdings plc

("the Company")

PROPERTY LEASE UPDATE

Further to the announcement on 27 February 2015, the Company is pleased to report that following the grant of planning approval by the Local Planning Authority, the lease of the 6,909 sq ft Jamaica House premises at Guy's Quay, Sutton Harbour, to Boston Tea Party has now been completed. The fit out of the historic building in a prime waterfront location of Plymouth is now underway, and the expected opening date is on schedule for the beginning of the Summer in June 2015, adding another outlet to the popular café/restaurant/ bar concept chain which already has 15 established operations across the South West of England and Midlands.

This coincides with the news that planning consent has also been granted to a third party for the redevelopment of the Bretonside Bus Station which, from the Company's perspective, will improve and more importantly provide additional strategic links from the city's retailing core to the areas around Sutton Harbour, further promoting it as a major gateway to Plymouth's world class waterfront.

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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