LaSalle Investment Management (“LaSalle”) today announces that it has completed a new letting at Davygate in York.

LaSalle has signed a 10 year lease with Cult, the international fashion retailer, for a 20,000 square foot unit. The new store, which has been empty since Borders closed in 2009, is one of the largest shops in the City Centre and is due to open later this year.

Simon Usher, Asset Manager at LaSalle Investment Management said: “Cult’s tenancy in Davygate cements it as a prime fashion location in York City Centre. This is also an exciting new offer for shoppers coming to the city centre and continues to build on the existing strong retail offering.” 

Central Retail acted as adviser for LaSalle Investment Management.