Poundstretcher opens in Stourport
Retail Property Advisors, Norbury Sansom have acquired the former Tesco Metro in Stourport for their client, Poundstretcher. The unit was taken on a 10 year lease with a tenants only break at year 5. Andrew Grant Commercial acted for the landlord.
Wickes rightsize in Taunton
Norbury Sansom has acted for Wickes Building Supplies in right-sizing their store at Priory Fields Retail Park, Taunton. Wickes will retain a 25,000 sq.ft. store and have surrendered the balance of circa 25,000 sq.ft back to the landlord, Orchard Street. Contracts have been exchanged on new lettings to Tapi Carpets and Furniture Village.
Letting to Tapi in Tunbridge
Retail Property Advisor, Norbury Sansom, has acted for Travis Perkins Group letting the unit adjacent to their new Wickes Building Supplies store which is due to open this month in Tunbridge Wells. Tapi Carpets have taken a 10 year lease and both stores will open at the same time.
Lidl win bid in Bideford
Retail Property Advisors, Norbury Sansom, have acted for acquired a 2 acre site in Bideford for Lidl. The site will provide a new concept store of 30,000 sqft. Negotiations involved a complicated land assembly as well as the lifting of a restriction on the site.
Sutton unit let to bake&TAKE
On behalf of Hyatt Plaza Ltd, Retail Property Advisors, Norbury Sansom have let a Unit in High Street, Sutton to bake&TAKE. Developed in 2003 by Dr’s Limmer and Schneider in Essen, Germany, they have jointly grown the business to over 300 stores spanning Germany, Austria, Switzerland,The Netherlands and are now in the UK.