New Letting Agreement
May 05 2004 - 8:40AM
UK Regulatory
Immediate Release: 5 May 2004
CLS HOLDINGS PLC ("CLS")
ANNOUNCES THE LETTING OF 1,568 sq m (16,876 sq ft)
AT VISTA OFFICE CENTRE, HOUNSLOW
TO THE METROPOLITAN POLICE AUTHORITY
CLS is pleased to announce that the Metropolitan Police Authority has taken a
lease of 1,568 sq m (16,876 sq ft) at Vista Office Centre, Hounslow.
The lease is for a term of ten years with an upward only rent review in 2009.
The initial rent is �232,045 per annum, equating to �147.99 per sq m (�13.75
per sq ft). There is a short rent free period.
The Vista Office Centre provides a range of office accommodation together with
a fitness centre complete with indoor 20 m swimming pool, all weather sports
court and an on-site restaurant.
Vail Williams and Andrews Denford & Boyd represented CLS and Smith Melzack
Pepper Angliss represented the Metropolitan Police Authority.
Executive Chairman, Sten Mortstedt, said:
"We are very pleased to welcome the Metropolitan Police to the Vista Office
Centre. The letting underlines the importance of being able to offer a unique
working environment and flexible leasing strategy."
-ends-
For further information, please contact:
Sten Mortstedt, Executive Chairman
Tom Thomson, Chief Executive & Vice Chairman
Kevin Chapman, UK Property Director
CLS Holdings plc
www.clsholdings.com
Tel. +44 (0)20 7582 7766
Adam Reynolds / Ben Simons
Hansard Communications
Tel. 020 7245 1100
END
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