Group Geraud UK, advised by Norbury Sansom, has purchased the Prescot Shopping Centre near Liverpool. Tenants include M&Co, Home Bargains, Superdrug, Heron Frozen Foods, Farmfoods and Card Factory. Further asset management will be actioned over the next few months
Retail Property Advisor, Norbury Sansom, has acted for Marchmont Investment Management to agree a lease extension to the DSG Retail lease, trading as Currys, at Parkgate Retail Park in Fareham. The lease has been extended by 5 years, now expiring in 2021.
Norbury Sansom has acted on behalf of the Co-operative Stores main group in acquiring a freehold development site. It fronts Mid Devon Business Park in Willand, close to Exeter, where the Co-Operative will build a new 4,000 sq.ft generation 2 convenience store . Planning consent has been secured and the Co-op expect to be on site shortly.