Prudential Property Investment Managers (PRUPIM), advised by Edgerley Simpson Howe, has let a retail warehouse unit on its Wessex Gate retail park in Poole to The Lounge Sofa Company.

The furniture retailer has taken a 9,225 sq ft store on a new 15-year lease, with a tenant’s break at the end of the tenth year, and will pay a rent of £29 per sq ft .

The 142,000 sq ft Wessex Gate scheme is the prime bulky goods retail park in Poole and is let to DFS, Furniture Village, Currys Megastore, Pets At Home and Harveys.

Curson Sowerby acted for The Lounge Sofa Company.

Royal London Asset Management, advised by Edgerley Simpson Howe, has let a newly created store at Century Retail Park in Watford to Pets at Home.

Pets at Home will take the 9,722 sq ft store, which was previously occupied by Comet, on a new lease expiring December 2024 at a rent of £33.00 per sq ft.

Comet have agreed to downsize their existing store to make room for Pets At Home who open in March next year.  Comet will remain trading throughout the process and have a lease also expiring in 2024 on a unit of 9,903 sq ft.

Other retailers on the scheme include Toys R Us, Hobbycraft, Halfords, Currys and Furniture Village.

Edgerley Simpson Howe acted for Royal London

Stephen Smart & Co acted for Comet

Curson Sowerby Partners advised Pets At Home.

ING has let a 22,250 sq ft retail warehouse unit is Stoke-on-Trent to a 24-hour gym chain Pure Gym.

The company has taken the unit, on Etruria Way, for 15 years at a rent of £8.50 per sq ft.

Edgerley Simpson Howe advised ING, Pure Gym were not represented.

F&C REIT has advised ISIS Property Trust on the purchase of three retail warehouses totalling 35,000 sq ft at Hope Mill retail park in Bury from Peveril Securities for just over £7m – reflecting a 6.95% yield. D2 Private and Edgerley Simpson Howe acted for F&C REIT. Savills advised Peveril Securities.

The annual Wilkinson Williams AR 5 a side football tournament kicked off on 7th July with 10 teams entered from the out of town retail world. With ESH keen to improve on last year’s efforts (where a solitary win against the AR ladies proved our only win) a strong team of silky skilled athletes was assembled to make a serious assault on the trophy. The team consisted of Dan Howie, Jonathan Brown, Michael Radcliffe, Duncan Wood, Will Rohleder (Bridehall). Paul Cancho, (Thompson Heaney) and Alex Hoare (DTZ).

First up was a match against Wilkinson Williams where ESH prevailed in a 3-2 victory. The hot heads of the tournament, Harvey Spack Field, were our next victims with a closely fought 4-3 victory. With wind in our sales and knowing we had a good chance of making the semi final, ESH took on Colliers and the AR ladies to top our group with 5-3 and 7-1 wins respectively.

GVA Grimley stood in our way in our march to the final. With many chances going begging it looked unlikely to be our day. However the constant perseverance of the team (and the elevated fitness levels of a slimmed down Michael ‘the engine room’ Radcliffe) saw ESH progress to the final after a narrow 2-1 win. For the second time in the day we now faced Harvey Spack Field and felt confident of beating them again to take the trophy. Unfortunately there was no fairy tale ending as HSF ran out 2-1 winners with David Comb single handedly dragging his team to victory. Close but no cigar!!

Harveys have taken Unit 2 at Winterhill Retail Park in Milton Keynes on a 15 year lease.

Harveys, part of the Steinhoff Group, have taken Unit 2 at Winterhill Retail Park in Milton Keynes on a 15 year lease at £324,000 pa. This letting represents the second phase of the refurbishment following the lettings to Dunelm and Paul Simon as phase one. Discussions are in hand on the proposed refurbishment of the third and final element of the scheme.

Tim Hornor of Edgerley Simpson Howe advised Standard Life Investments.