Station Retail Park Regent Street, Nuneaton, CV11 4BL
Existing occupier includes Poundstretcher, adjacent to Dunelm and Asda
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Existing occupier includes Poundstretcher, adjacent to Dunelm and Asda
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3 January 2025
LCP, part of property and investment collective M Core, has signed Fast Fitness as the latest tenant at M Chelmsley Wood in Solihull. The independent gym operator has taken a 6,924 sq ft store on a 10-year lease. Having undergone a new fit-out, Fast Fitness provides equipment for cardio, strength training, and functional exercises, with facilities such as lockers, showers, and changing rooms.
3 January 2025
LondonMetric Property has sold a retail park in Coventry as part of several non-core disposals worth £74.2m. Airport Retail Park has been sold for £37.3m to NFU Mutual, reflecting a core net initial yield of 5.5%. The 138,000 sq ft asset is let to 13 occupiers including Currys, Aldi, B&M, and Dunelm and has a weighted average unexpired lease term of six years. The retail park – which produces an average rent of £17.
5 October 2024
Property management company Estama has been appointed by Panther Securities to oversee the Britannia Shopping Centre in Hinckley, Leicestershire. The 85,000 sq ft scheme – the only enclosed retail destination in the town – is home to a number of nationally-renowned brands such as Poundstretcher, Boots, Peacocks, and Greggs. The appointment marks a continuation in Estama's expansion within the retail management sector, which has seen it pick up mandates at Queen Elizabeth Park, Wrexham, Northamptonshire, Cheshire, and County Durham in 2024.