News
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M&S to upsize at New Mersey
British Land have exchanged contracts with M&S for a relocation and upsize at their New Mersey scheme in Liverpool. M&S will be moving from their 10,000 sq ft Foodhall store to a 60,000 sq ft Food & GM store over 2 levels. As part of the transaction, B&Q will be…
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M&S to extend in Orpington
British Land have completed their works at their Nugent scheme in Orpington to enable M&S to extend sideways. By taking in the adjacent former Cotswold and Maplin units, M&S are expanding from 25,000 sq ft to 35,000 sq ft at ground, plus a large trading mezzanine. M&S are due to…
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New instructions
Park Place Retail have recently been instructed by landlords as letting agents on 21 retail parks as follows:- For further information on each scheme, please contact the relevant agent:- James Potter | 07770 930 777 | james.potter@parkplaceretail.co.ukGrant Imlah | 07831 612 077 | grant.imlah@parkplaceretail.co.ukDavid Marsden | 07786 513 597 |…
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Park Place Retail sponsor Preston v Oxford
Park Place Retail were delighted to sponsor the Preston North End v Oxford United match on 4 January, which resulted in a 1-1 draw. Our very own Paul Wilkinson, a lifelong Preston North End supporter, was delighted to accept the signed shirt from Duane Holmes.
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Recent restaurant lettings
Whilst the restaurant sector undoubtedly has its challenges, in the last few months, we have agreed a number of lettings for landlords on retail parks to some great restaurant operators, including:- Bolton – Middlebrook (Orbit)3,875 sq ft to Loungers3,075 sq ft to WingstopLiverpool – New Mersey (British Land)3,550 sq ft…
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We are partnering with Sparkes Homes Sri Lanka
Park Place Retail are delighted to announce we are partnering with Sparkes Homes Sri Lanka, a charity run by George Stratton’s mum, Claire Stratton (nee Sparkes). The Sparkes family have long connections with Sri Lanka, dating back to the mid-19th century when their ancestors went to Ceylon to establish coffee…
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Park Place Retail sell freehold of former Carpetright in East Grinstead
Acting on behalf of Nestware Properties, Park Place Retail have sold the freehold interest of the former Carpetright store in East Grinstead to Collingwood Batchellor, a regional (Sussex and Kent) furniture retailer, for an undisclosed sum. For further information, please contact Grant Imlah | 07831 612 077 | grant.imlah@parkplaceretail.co.uk
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Nestware Holdings retain Park Place Retail on 16 assets
Park Place Retail have been retained by Nestware Holdings to asset manage 16 retail sites throughout the UK and channel islands. The sites predominantly incorporate retail warehouse sites which were previously let to Carpetright. As such, the emphasis is on letting the vacant units. Sites include:- Brighton under offerCardiff –…
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Christchurch Retail Park, Christchurch
We have advised NFU on the acquisition of this prime retail park of 106,000 sq ft for over £30 million. We are also instructed on the ongoing asset management and, in particular, on the letting of the former Carpetright unit where there is strong tenant interest. For further information, please contact:-…
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Park Place Retail appoint Henry Elwess as Partner
Park Place Retail are delighted to have appointed Henry Elwess as a Partner in their agency team. Henry will work alongside James Potter, Grant Imlah, David Marsden, Andrew Cherry and George Stratton on their landlord instructions, which cover 23 million sq ft of retail warehouse space. Henry will also continue…