As part of our continuing strategic review of properties within the portfolio, Thompson Heaney have advised and completed negotiations on a lease regear for Smyths Toys at Middle Engine Lane, Wallsend.
Part of the former B & Q Warehouse, Go Outdoors have taken one of the units alongside The Range and Bounce at Anglia Retail Park. The store will open on 25th May 2017, their first opening of the year.
Part of the refurbished former B & Q unit at Tonbridge. Go Outdoors have signed to take access in the Summer ready for Autumn opening.
Advised by Thompson Heaney, new premises have been secured for Halfords on Princess Alice Retail Park for a relocation in Sutton Coldfield.
Thompson Heaney have been representing Mamas & Papas following the successful CVA by the company. The process has involved managing the leasehold estate with over 10 lease regears, together with the ongoing review, renewal and acquisition strategy.
As part of an initiative to protect and ensure longevity on key assets, Thompson Heaney have recently advised and completed negotiations on these two regears at Exeter and Loughborough.
Smyths Toys opened their third store of 2017 at Eastern Avenue, Gloucester, in a former PC World unit.
On behalf of Arcadia, Thompson Heaney have agreed terms with Costa to take their very first concession within an Arcadia store at MK1 Shopping Park, Milton Keynes.
As part of an ongoing strategy to downsize historic larger stores, TUI UK, trading as Thomson, have relocated their business by surrendering a store of 7,000 sq ft and relocating to a free standing unit of 2,132 sq ft.
Smyths Toys have opened their second store of 2017 and their fourth in the West Yorkshire conurbation. Birstall, adjoining Junction 27 of the M62, is the principal retail park destination for West Yorkshire.
Thompson Heaney have been instructed to represent the EWM Group on their retail park strategy. Their brands for this project are Peacocks, Edinburgh Woollen Mill and Ponden Mill. The size requirement is 5-10,000 sq ft dependant on which brands are appropriate for the location.
On behalf of the scheme owners, AEW UK Core Property Fund, Thompson Heaney negotiated with Dreams terms for a new lease for them to continue in their existing premises at Schoolbrow Retail Park, Warrington. Dreams will keep trading from this unit despite opening a new unit elsewhere within the town.