Mothercare Secures Isle Of Wight Out Of Town Store

June 13, 2011

 

Cheval Property Advisers, advised by Edgerley Simpson Howe, has let an out of town retail unit near Newport, Isle of Wight to Mothercare.

The retailer has taken an 8,460 sq ft store (Unit 4A) on Carisbrooke Retail Park, to the west of Newport, on a new 10-year lease and will pay a stepped rent averaging £17.60 over the first five years.  Mothercare are relocating from their high street stores in Newport town centre in July this year.

The property was previously occupied by Island Premier Beds who vacated a larger store last year prior to the unit being subdivided and refurbished.  The adjoining sub-unit (Unit 4B) of 9,415 sq ft is now available and being marketed jointly by the landlord’s agents Edgerley Simpson Howe and Gully Howard surveyors.

Other occupiers on the 41,000 sq ft retail park are Argos and Sleepmaster.  Dreams and Carpetright occupy space opposite.

Harvey Spack Field represented Mothercare.

-Ends-

Latest News

BLUEBOOK EXPANDS AGENCY TEAM

May 10, 2021 - 09:41

London Office specialist Bluebook has expanded its agency team with the recruitment of Tor Cuming and Ollie Pardoe from Avison Young and Cluttons respectively. Tor joins as an Associate and Ollie as a[...]

+ Read More

TURNSTONE ESTATES SELLS SAFFRON WALDEN SITE TO OWNER OCCUPIER

April 9, 2021 - 14:12

Turnstone Estates has sold a 1.3-acre development site on Ashdon Road, Saffron Walden to tool and plant hire company GR8 who intends to build out 20,500 sq ft of commercial space of which about 7,000 [...]

+ Read More

ROB TUDOR TO SET UP NEW BUSINESS

April 9, 2021 - 14:11

Rob Tudor, one of the most high-profile UK investment agents, has left the business he established 25 years ago to set up a new agency, Tudor Real Estate (TRE),  with his daughter Abigail Tudor and[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR