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.

Download here: ESH 2019 Highlights

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.

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.

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.

Aberdeen Standard secures Nando’s & planning for flagship UFC Gym

Aberdeen Standard Investments has successfully secured planning consent for a major 20,773 sq ft UFC gym at Reading Gateway.

The gym is an extension of the Ultimate Fighting Championship, the world’s largest mixed martial arts company and will create UFC’s third club in the UK and a flagship health and fitness centre for Thames Valley. UFC have taken a 15-year lease and is due to open in Q1 2020.

Nando’s have also signed a 20-year lease on a unit of 4,009 sq. ft., which is due to open at the retail park on 23 January.

There is one unit of 4,475 sq. ft. remaining to be let at Reading Gateway out of a scheme of 191,000 sq. ft.

Edgerley Simpson Howe acted for Aberdeen Standard Investments.