February 2020
ESH represents institutional client on retail warehouse portfolio sale
ESH represents institutional client on retail warehouse portfolio sale.
An institutional client, advised by ESH, has successfully completed the sale of a retail warehouse portfolio. The price paid was a headline of approximately £190 million and includes assets in Guildford, Crawley and Luton.
February 2020
Primark continue UK expansion with Tamworth addition
Primark continue UK expansion with Tamworth addition
The global fashion retailer Primark is continuing its UK expansion by signing a new 10 year lease on Phase 1, Ventura Retail Park.
The unit which is currently under construction is due to open later this year and will comprise a total GIA of approximately 49,000 sq ft across two floors.
Primark intend to continue their UK expansion over the coming financial year having announced 18 possible new store openings.
ESH advised Primark.
January 2020
NATUZZI take new lease in stoke -on-TRENT & AHF agree new lease
Natuzzi take new lease in Stoke-on-Trent & AHF agree new lease
The Italian furniture retailer Natuzzi has completed a new lease on a unit at Octagon Retail Park. The retailer has signed a new 10 year lease on a unit extending approximately 10,000 sq ft. AHF has also committed to the scheme longer term by agreeing a new 10 year lease on their existing unit.
The landlord Clearbell Capital is now in the process of re-configuring the DFS unit which includes proposals to construct a new 5,000 sq ft unit. Planning consent has been achieved for the new unit which will be available in late 2020.
ESH advised Clearbell Capital.
January 2020
RPMI railpen secure two new lettings at retail scheme in Scunthorpe
RPMI Railpen secure two new lettings at retail scheme in Scunthorpe
RPMI Railpen, advised by ESH have completed two new lettings to Aldi and Wren Kitchens at Gallagher Retail Park.
The two retailers have taken space as part of a subdivision of the unit formerly occupied by Toys R Us.
Wren opened on Boxing Day and have signed a new 10 year lease on a unit of 7,500 sq ft. Aldi have signed a new 20 year lease on 18,000 sq ft and is due to open on 30 January.
January 2020
LIDL upsize in Gravesend
Lidl upsize in Gravesend
Following the surrender of the former AMF bowling unit, Lidl have relocated within the Park to a new 25,000 sq ft store.
Lidl have taken a new lease on the upsized unit at Imperial Retail Park for a period of 25 years.
ESH acted for the Landlord RPMI Railpen.
