Palace attracts Gravity at Sol

Trampoline operator signs at Sol Northampton

Palace Capital has let 23,500 sq ft of vacant space at its Sol Northampton leisure scheme to Gravity Fitness on a 15-year lease. This will be the 10th site for Castleford-based Gravity Fitness.

An initial rent of £141,000 pa has been agreed, with a minimum increase every five years based on the changes to RPI plus a percentage of turnover, once it reaches £1.0 million pa The deal includes a six-month rent free period and a contribution to fit-out costs.

This letting represents 53% of the total vacant space.

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