Savills IM, represented by ESH, have disposed of the Waitrose in Kings Hill, Kent to a private overseas investor. The foodstore was held for 9 years and the lease regeared and extended prior to sale. The property is a 9,058 sq ft standalone purpose built foodstore let to Waitrose at c.£19.87 per sq ft until August 2038. Ward Properties and Trefilik & Co were joint agents for the purchaser.

ESH, on behalf of a client, has disposed of Hampden Park in Eastbourne to a private investor. The property is a 27,621 sq ft standalone purpose-built retail park terrace let to Currys and DFS for a WAULT of 7.3 yrs to expiry and 4.8 yrs to break. Parkdales acted for the purchaser.

Following the opening of leading pet retailer Jollye’s at the end of November, Aldi have joined them also opening their doors last week.

They join the likes of Premier Inn, Costa, Nandos, Wren Kitchens and others already trading.

Edgerley Simpson Howe are proud to have acted for Abrdn on these lettings, working alongside our joint agent Fi Zeitlyn

For further details please contact Tim Hornor or Adam Patrick

ESH has advised Columbia Threadneedle Investments on agreeing 2 new lettings to Farmfoods and Starbucks in the former Argos on Ringwood Road Retail Park in Bournemouth. Farmfoods have taken a new 15 year lease and Starbucks a 10 year lease. These new occupiers have joined Home Bargains, Sports Direct and TK Maxx on the scheme.

For further information please contact Chris Fenton

TK Maxx opened their new store on Banbury Gateway Shopping Park in October. The former Outfit unit extends to 10,000 sq ft with a full cover mezzanine. TK Maxx have relocated from the town centre. We have also undertaken recent lettings to Greggs, TUI and Claires.

An exciting retailer will be coming to the Shopping Park next year.

ESH act on behalf of The Crown Estate along with our joint agents Park Place Retail.

Nuveen, represented by ESH, have disposed of the Matalan in Kidderminster to a private investor for a sale price of £3,050,000.

The property is a standalone retail warehouse unit fully occupied by Matalan until December 2030. It consists of 31,114 sq ft let at a passing rent of £10.49 per sq ft.