Gloucestershire Royal Hospital, Gloucester

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Gentian first acquired a retail interest at the Gloucestershire Royal Hospital in 2005 when the new PFI-funded hospital opened. A second interest was secured in 2009 with the underlease of the retail elements in the Tower block main entrance.

Gloucestershire Royal Hospital, Gloucester

What we did

Gentian's underlease in the main entrance is for a term of 30-years and the units have been sub-underlet to Compass t/a Costa Coffee and Amigo. Compass has sub-sub-underlet one of their units to Books Plus.

The Tower block underlease is a for a term of 25 years and, again, has been sub-underlet to Compass t/a Amigo.

Gentian’s in-house estates team manage the retailer’s occupation including collecting the rents and service charges and taking all financial and operational risks associated with the space.