27th Jun 2005 06:00
Embargoed: 0700hrs 27 June 2005 CLS HOLDINGS PLC ("CLS") ANNOUNCES TWO NEW LETTINGS AT INGRAM HOUSE, JOHN ADAM STREET, WC2 The Board of CLS is pleased to announce that the offices at Ingram House, 13/15John Adam Street are once again fully let following extensive refurbishment.The ground floor, extending to 168 sq m (1,805 sq ft) has been let to SpayneLindsay and Co. LLP for a term of five years at ‚£54,150 per annum (‚£322 per sqm/‚£30 per sq ft). The lease is subject to a tenant's break option at the end ofthe third year of the term and a six month rent free period.The lower ground and basement floors, extending to 197 sq m (2,120 sq ft) havebeen let for a term of five years to Internet Advertising Bureau at ‚£50,212 perannum equating to ‚£323 per sq m (‚£30 per sq ft) in respect of the lower groundfloor and ‚£135 per sq m (‚£12.50 per sq ft) in respect of the basement. Thelease is subject to a break option at the end of the third year. A four monthrent free period was granted. EA Shaw and Nelson Bakewell were joint lettingagents.Sten Mortstedt, Executive Chairman of CLS, commented:"These lettings show the importance of offering quality accommodation through aflexible letting approach." -ends- For further information, please contact:Sten Mortstedt, Executive ChairmanTom Thomson, Chief Executive & Vice ChairmanCLS Holdings plcwww.clsholdings.comTel. +44 (0)20 7582 7766ENDCLS HOLDINGS PLCRelated Shares:
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