New London store for Poundland

April 30, 2010

Poundland is to open a new store at 39/41 Seven Sisters Road in north London after signing a lease with landlord Lazari Investments, represented by Kitchen La Frenais Morgan.

The retailer has signed a 10 year lease with five yearly upward only rent reviews. Poundland will pay a rent of £160,000 for the new store which will comprise a 5,040 sq ft ground floor, 2,082 sq ft first floor and a 1,340 sq ft second floor.

Poundland is Europe’s largest single price discount retailer and currently has 261 stores – 61 of which opened last year. It plans to invest £10 million this financial year to open a further 50 stores, creating 2,000 new jobs in the process. Most stores average in excess of 6,000 sq ft but it is also planning some larger store formats.

Landlord Lazari Investments was represented by Kitchen La Frenais Morgan. Capital Retail acted for Poundland.

Latest News

Strategically located 343,000 sq ft Cambridge Discovery Campus given go ahead by planners

April 18, 2024 - 11:07

Resolution to grant permission for new science and innovation campus to the south of Cambridge city Property investment and development company, Bridgemere, in conjunction with Foundation Capital Vent[...]

+ Read More


April 8, 2024 - 14:24

IPIF, advised by Haslams Surveyors and Cushman & Wakefield, has achieved two lettings totalling over 22,500 sq ft at its Millars Business Park at Fishponds Close, Wokingham. There are now only two[...]

+ Read More

Redevco and SFP launch ‘Next Gen Stays’ Iberian Hotel Joint Venture with Portfolio Target of c. €300 Million

March 25, 2024 - 11:07

Redevco and Swiss Finance & Property Group (SFP Group) have formed an Iberian hotel Joint Venture. Following a first close, a fund managed by SFP has indirectly taken a majority stake in ‘Next G[...]

+ Read More



+44 (0)20 7647 4420


Wren House, Garden Close Lane, Newbury RG14 6PR