Boots sign in St Stephen’s, Hull

Boots sign in St Stephen’s, Hull

Acting on behalf of British Land, Green and Partners have successfully secured a new 30,000 sq ft Boots MSU, reinforcing the dominance of St Stephen’s which comprises 552,000 sq ft of retail and leisure dominating the retail offer of Hull. Other notable retailers include; Next, H&M, Topshop/Topman, River Island, Tesco and TK Maxx.

To facilitate the provision of the new store surrenders were undertaken from Peacocks, Clintons and Sports Direct. Boots entered into a 15-year lease, at an undisclosed rent, with a programmed opening in May 2019.

For further information please contact Paul Cooper or Adam Bindman.

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Two new openings in Westwood Cross

Two new openings in Westwood Cross

Acting on behalf of Landsec, Green and Partners, jointly with Morgan Williams, have undertaken the 2 following transactions in Westwood Cross, Thanet, Kent:

Foot Asylum took a new 10-year lease of the former Poundworld, which comprises 5,030 sq ft, at a commencing rental of £157,500.

EE have taken a new 10-year lease of the former Five Guys, which comprises 2,335 sq ft, at a commencing rental of £125,000 pax.

Please contact Paul Cooper for further information.

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Green and Partners land Boots in Lincoln

Green and Partners land Boots in Lincoln

Acting on behalf of M&G, Green and Partners have let the former Bhs to Boots.

The store comprises 33,500 sq ft over 2 trading floors. A new 15-year lease was entered into by Boots at the passing rent of £491,250 pax.

Please contact Paul Cooper for further information.

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Nationwide Bank on Leamington Spa

Nationwide Bank on Leamington Spa

The world’s largest building society has recently completed on a new lease at 79/81 The Parade, Leamington Spa. Acting on behalf of Royal London Investment Management, Green & Partners have secured Nationwide on a new 10-year lease of the amalgamated accommodation at a rental of £95,000 per annum exclusive.

For further information please contact Matt Beardall.

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Green & Partners Investment Team Disposes in St Albans

Green & Partners Investment Team Disposes in St Albans

On behalf of an institutional client Green & Partners sold 17-23 Chequer Street, a high street retail parade in St Albans.

17-23 Chequer Street is prominently and centrally located between both the Maltings Shopping Centre and Christopher Place and opposite Fat Face and Joules. The subject property is well secured to strong national covenants of Nandos and Toni & Guy with a weighted average unexpired lease term of 8 years. Both retailers are let on FRI leases with upcoming rent reviews and with sufficient transactional evidence on the pitch, there is a real opportunity to improve the performance of the asset.

Green & Partners achieved a price of £2,725,000 which reflects a NIY of 4.83%, 67bps above asking.

For more information please get in touch with Simona Malinova or Patrick Over.

 

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Yours Clothing bolsters the line up at the Fareham Shopping Centre

Yours Clothing bolsters the line up at the Fareham Shopping Centre

Acting for the Landlord, Roubaix Group, Green and Partners have let Unit 64 to Yours Clothing, the plus-sized clothing retailer.

The opening follows the letting to B&M earlier this year and cements Fareham Shopping Centre as a primary retail offer in the town centre.

For further information please speak to James Jenkins or Mike Willoughby.

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G&P Investment Team Feature in the CoStar Disposal & Acquisitions League Table for Q2 2018

G&P Investment Team Feature in the CoStar Disposal & Acquisitions League Table for Q2 2018

Green & Partners Investment Team has featured in the Co Star Disposal and Acquisition League table for Q2 2018.

Their activity has spanned, High Street assets, two Food Stores, a Shopping Centre and Retail Warehouse. Do get in touch with one of the team for more details.

 

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Green & Partners secure new anchors at the Elmsleigh Centre in Staines-Upon-Thames

Green & Partners secure new anchors at the Elmsleigh Centre in Staines-Upon-Thames

Acting for the Landlord, Aberdeen Standard, Green & Partners have recently completed lettings to two new anchors in Elmsleigh Shopping Centre, Staines-Upon-Thames.

Primark opened a new 50,000 sqft store in February resulting in a 19% increase in footfall year on year. Decathlon have opened 18,000 sq ft in South Mall. Both lettings followed H&M upsizing to 20,000 sqft in the East Mall in 2017.

The new anchors are supported by recent lettings to Muffin Break and Toy Barnhaus. Muffin Break agreed a 10-year lease on the last available unit in the north mall and Toy Barnhaus agreed a new 3-year lease from May in the south mall.

For further information please contact either Paul Cooper or Olly Gardner.

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Deichmann open in Middleton Grange, Hartlepool

Deichmann open in Middleton Grange, Hartlepool

Acting for the landlord, LaSalle Investment Management, Green and Partners have let unit 142/143 Middleton Grange, Hartlepool to Deichmann. The German retailer is the largest retailer of footwear in Europe.

This new opening on South Mall follows recent lettings in the scheme to H&M, B&M, Boots Opticians,  The Entertainer, Costa and Pandora and confirms the holding as Hartlepool’s primary retail offer.

For more information please contact Adam Bindman or James Jenkins.

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Green and Partners secure Barrhead Travel in Above Bar Street, Southampton

Green and Partners secure Barrhead Travel in Above Bar Street, Southampton

The Scottish based travel agency has agreed to open its third site in England, following successful openings in both Newcastle and Leicester.

Acting on behalf of Threadneedle, Green and Partners secured Barrhead Travel at 30 Above Bar Street by way of a new 10-year lease at a rent of £120,000 per annum exclusive.

For more information please contact James Jenkins.

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